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SOURCE ADB International Group, Inc.
SAN ANTONIO, Sept. 10, 2013 /PRNewswire/ -- ADB International Group, Inc. (OTCBB: ADBI), a distributor of advanced water treatment systems, announced today that a memorandum of understanding has been signed between Treatec21 Industries Ltd. and Myanmar's Supreme Group of Companies Ltd. to collaborate on the design, construction and operation of industrial facilities and municipal wastewater treatment across the nation of Myanmar (formerly Burma).
Supreme is a leading infrastructures and construction company in Myanmar, engaged in water and electric works, including water treatment systems, environmental engineering, special infrastructure construction Projects, agro works, BioSupreme organic fertilizers, steel bridges, power transmission towers and more.
According to the terms of the memorandum, Treatec21 and Supreme will also collaborate on upgrading existing water treatment facilities in addition to the construction of new facilities.
ADB International was recently appointed as the distributor of Treatec21 technology in Australia and New Zealand.
"The agreement to begin collaboration on water treatment facilities in a developing nation in Southeast Asia expands the scope and reach of Treatec21's proprietary technologies," said Shahar Ginsberg, CEO of ADB International. "The current contract demonstrates the success of our international business development efforts, and increases the potential for signing commercial wastewater purification projects in the South Pacific and worldwide."
"I am confident that Treatec21's increasing presence in Southeast Asia can play a major role in supporting ADBI's ongoing business development efforts in Australia and New Zealand," said Tal Yoresh, Regional Marketing Director of ADB International.
This letter contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release, as actual results may differ materially from those indicated. ADBI International Group public filings may be viewed at www.sec.gov.
Shahar Ginsberg - CEO
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