SNM Global launches 'Clean Water Project' -- Water Market $90 billion and Expanding
28 September 2010 - 4:55PM
Marketwired
SNM Global Holdings (PINKSHEETS: SNMN) -- SNM Global Holdings
announced today the official launch of its 'Clean Water Project'.
This business unit will target various emerging economies and
marginal geographies through the company's MicroTech distribution
models with local partners in the various target markets. The
Company will announce various technologies, solutions, and products
as part of the initiative.
Water is an enormous issue around the globe -- for drinking,
farming and industry. As the world population approaches 7.8
billion by 2030, the demand for potable water will stress the
finite closed-loop water-cycle responsible for supplying
freshwater.
The Company believes, and as reported by Pike Research, the
respected research group, growth opportunities in the water market
seem obvious. The water market is huge and expanding, in a crisis
that cries out for innovation and efficiency, deeply enmeshed with
energy usage and in urgent need of a variety of new technolgy
approaches.
The projected annual expenditures in the global market of for
advances in irrigation systems, water reuse initiatives,
infrastructure supply and storage, and treating secondary water
sources are in excess of $90 billion. This rate appears to be
sustainable based on demand from population growth, continued
industrialization, and agricultural utilization.
The Company is currently assessing a number of promising and
sustainable technological solutions and expects to announce shortly
specific acquisitons and/or licensing arrangements in the growing
clean water market.
The Company has recently announced the launch of it Small &
Micro Hydro Technology Development Projects resulting from its
recent technology acquisitions and has already announced that
eleven major projects have been launched in preparation for
commercialization and international distribution.
Each of the technology solutions, resulting from its recent
technology acquisitions, are unique integration of proven
sustainable alternative sources, engineered to provide redundant
energy supplies in a wide variety of applications, particularly
adaptable as solutions for emerging markets.
It is expected that a number of the Small & Micro Hydro
technologies can be integrated with Clean Water technologies,
thereby providing both energy and clean water sources
simultaneously.
The recent market reports from Frost & Sullivan and have
estimated that the "global ocean energy industry can be worth $1
trillion" and Pike Research, states hydrokinetic energy is "50 to
100 times more cost-efficient than wind or solar"... and can be
more reliable than other kinds of renewable energy sources such as
wind or solar.
The Small Hydro and Clean Water Development Projects represent
important technologies to assist emerging economies to leapfrog
into sustainable and independent energy and clean water
production.
Based on internal market projections and asset appreciation over
the market cycle, the Company values the technology acquisition at
$12,500,000, to be purchased through by the issuance of Preferred
Stock. Redemption of the Preferred Stock is contemplated to contain
several performance based terms relating to sales and market
penetration, thus protecting shareholders and insuring equity
appreciation.
The Company's acquired technologies and development projects
will be integrated into the Company's MicroTechnology Transfer
(mt2) Program and MicroEquity Partner Program; and will be
introduced into SNM Global's distribution network for emerging
market insertion and introduction.
SNM Global's MicroTechnology Transfer (mt2) Program and
MicroEquity Partner Program enable the acquisition, development,
and transfer of technologies that will provide for the betterment
of society and provide the catalyst for emerging markets to
leapfrog into the sustainable sectors that will drive the
twenty-first century.
The Company encourages collaboration with public, private and
institutional partners in all phases of the development and
technology transfer cycle; and accepts submissions from both
collaborative development, distribution and inventor partners
through the Collaboration Portal on its new website at
www.SNMNglobal.com.
About SNM Global Holdings SNM Global Holdings (SNM Global) is a
technology holding and development company that invests in,
acquires, and develops Intellectual Property Assets and Operations
in the Clean/Alternative Energy, Biotech, Water and Better Health
& Living sectors adapted specifically for the emerging global
markets.
The Company realizes revenues from the distribution of its
technology, products, and solutions through its network of
international agents and distributors and through the licensing of
Intellectual Property through its innovative mt2 Program. The
Company provides its International MicroEquity Partner program to
our local partners in our target international markets. This
program provides initial funding to a community building and
life-enhancing organization. The Company sees profits through
equity ownership and sales and distribution of its technology and
solutions. The company operates through its subsidiaries and
various distribution partners worldwide.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995
This press release may contain certain forward-looking
statements and information, as defined within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, and is subject to the Safe Harbor
created by those sections. This material contains statements about
expected future events and/or financial results that are
forward-looking in nature and subject to risks and uncertainties.
Such forward-looking statements by definition involve risks,
uncertainties and other factors, which may cause the actual
results, performance or achievements to be materially different
from the statements made herein.
CONTACT: SNM Global Holdings 100 Pall Mall Saint James
London SW1Y 5NQ United Kingdom Tel Number: (44) 020 7096 0200
info@snmnglobal.com
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