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Today's news alerts include: SIONIX Corporation Announces the Signing of Letters of Intent for the Manufacturing and Distribution of SIONIX Products
ANAHEIM, Calif., June 3, 2009 -- Today SIONIX Corporation (OTC Bulletin Board: SINX | Quote | Chart | News | PowerRating) announced it has signed letters of intent with separate parties for the creation of manufacturing and distribution centers.
The first letter of intent is with Innovated Water Equipment, Inc. (IWE), in Little Rock, Arkansas. "The IWE group is currently a master distributor of SIONIX Corporation equipment beginning a logical progression of what we believe will be a long and beneficial relationship for both parties," stated Jeffrey Mann, Senior VP of IWE.
The proposed new and scalable manufacturing and distribution center will be based in Arkansas and will be focused on producing the Elixir 225-P/RO Modular Packaged Water Treatment System, and other potable water processing solutions for agricultural and municipal uses. The Elixir 225-P/RO Unit is specifically designed to process brine water produced from developmental drilling of shale formations for the production of natural gas. Jeffrey Mann, Senior VP of IWE, is currently establishing a training program for IWE personnel at the S. California assembly plant, in order that training begin next week prior to shipment of the recently completed Elixir 225-P/RO Unit to the Arkansas processing facility. The IWE letter of intent regarding distribution, calls for specialization but not limitation to the states of Arkansas, Oklahoma, Mississippi, Louisiana, and Texas. These five states currently produce more than 80% of all production brine water in the country today. "Having a sales and manufacturing facility near one of the largest oil production centers in the United States is a clear benefit for the future of SIONIX's success in this fruitful market," stated Rod Anderson, CEO of SIONIX Corporation. "We look forward to cultivating this relationship with IWE, our first brine water treatment distributor," added Anderson.
The second letter of intent was signed with a group of private investors based in New York City and the surrounding states. The group will focus on both domestic and international sales. "They will not only look to expand into the brine water treatment industry manufacturing the SIONIX Elixir 225-P/RO unit, but will also look to target relief, humanitarian, government, farm and agricultural, and municipal agencies," stated Rod Anderson, CEO of SIONIX Corporation.
One of the strategic partners of this group includes a major food and dairy trading, manufacturing, and processing company, with nearly 100 years of operating history that generates over $150,000,000 sales per year. This company currently manufactures and distributes food products and ingredients through out the United States and world markets. They have an extensive network of dairy and food producing and manufacturing companies, including numerous Fortune 500 companies that they presently do business with. It is a known fact that the farm cooperatives are having water problems due to pollution from agricultural waste from food manufacturing, as well as from farm production. The group will help to target and sell SIONIX Corporation products for agricultural coops, farms, and food and beverage processing plants.
The letter of intent calls for a manufacturing and/or distribution facility to be established on the eastern seaboard. Rod Anderson, CEO of SIONIX Corporation, stated, "This group will open up more markets than oil field service, and will give us a needed manufacturing facility in the Northeast with easy shipping access to Europe and other international markets." The group is currently conducting more detailed analysis to identify the optimum site location based on a range of assessment criteria.
Rod Anderson, CEO of SIONIX Corporation, said, "These two letters of intent, and their representative groups, will further strengthen SIONIX Corporation and enhance its ability to deliver quality and reliability on a larger scale to our customers in current and new marketplaces."
About SIONIX
"Elixir" is a registered trademark of SIONIX Corporation. SIONIX Corporation (SINX) develops new concepts in "Modular Packaged Water Treatment Systems" using dissolved air flotation (DAF) and membrane technology for drinking water and the waste water treatment industry. SIONIX owns eight various product and process patents and two are pending. The Company is evolving peripheral and new products and processes in the application process.
SIONIX designs "Safe Water Systems" that require uninterrupted water supplies with many applications in mind, such as defense, government facilities, emergency water supplies during natural disasters, hospitals, pharmaceuticals, resorts and hotels, housing development projects, industrial process waters including food, dairy and meat processing, and brackish waste water from oil and gas drilling. Intended applications also include desalinization and pre-treatment for reverse osmosis and other membrane applications. Industrial applications would also include industrial waste water, bottled water, industrial process water, food, dairy, agri-business, meat processing, and hog and poultry operations.
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