Healixa Advisory Board Member Rep. Denver Riggleman Comments on the Company’s Recent Water Technology Acquisition

Rhea-AI Summary

Healixa, Inc. (OTC PINK: EMOR) recently announced its acquisition of Atmospheric Water Harvesting® (AWH™) technology, a revolutionary clean water solution. According to Rep. Denver Riggleman, this acquisition positions Healixa to potentially capture a share of the $450 billion global water industry. AWH™ is designed to produce potable water from the atmosphere with minimal energy, aiming to address the global clean water crisis. Healixa anticipates significant interest, with initial orders projected to be in the hundreds of thousands. The company is awaiting prototype testing and aligns its mission with the United Nations' Sustainable Development Goals.

Positive

• Acquisition of AWH™ technology positions Healixa to capture a share of the $450 billion water industry.
• Projected initial orders of hundreds of thousands of AWH™ machines indicate strong market interest.
• AWH™ technology addresses the global clean water crisis, potentially reducing reliance on traditional treatment plants.
• Aligns with UN Sustainable Development Goals for universal access to clean water by 2030.

Negative

• Dependence on prototype testing outcomes and regulatory approvals could delay market entry.
• Competition from established companies may affect market penetration.

News Market Reaction – EMOR

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+47.73% News Effect

On the day this news was published, EMOR gained 47.73%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Holbrook, New York, Aug. 24, 2021 (GLOBE NEWSWIRE) -- Healixa, Inc. (OTC PINK: EMOR) (“Healixa”, or the “Company”), a technology company focusing on building and acquiring innovative and disruptive technologies in the health-tech, clean water and green-tech industries, is pleased to release that Rep. Denver Riggleman, a member of Healixa’s Advisory Board, has commented on the Company’s recent acquisition of the patents and marks for Atmospheric Water Harvesting® (“AWH™”), a game changing clean water technology that can harvest potable water directly from the atmosphere almost anywhere on earth with minimal energy.

"Healixa's recently acquired Atmospheric Water Harvesting® technology is a very exciting addition to the Company's diverse portfolio,” commented Rep. Riggleman. “Not only do I believe that the technology offers Healixa an opportunity to capture a piece of the soon-to-be GLOBAL $450+ billion water industry, but I believe it is a testament to Healixa's commitment to enabling widespread access to healing technologies through ethical engineering innovations."

The water and water treatment market size is expected to reach $456.68 Billion by 2026 according to Fortune Business Insights™. Additionally, the report states that the growth in recent years was driven by the increasing number of water and wastewater treatment plants across the world. However, our new AWH™ technology can accomplish the same goal but in a much cleaner, safer and less expensive way. This technology would significantly reduce the need for such plants and as a result we expect to be able to quickly take significant market share in this fast-growing market. To this end Healixa is currently awaiting a prototype that is expected to be ready for testing in the next several weeks. Helixa already has had several government agencies and large companies express interest in our AWH™ technology and is projecting initial orders of potentially several hundreds of thousands of the AWH™ machines.

“This technology has the ability to change the game on the current clean water crisis that is accelerating throughout the world,” said Ian Parker, CEO of Healixa. “Given that every day more than 800 children under 5 dies from lack of clean uncontaminated water we are moving expeditiously to get this product to market. Quite frankly, everyday counts.” “This is a perfect example of our methodology of doing well for our investors and shareholders while doing good and help to improve the world around us” added Mr. Parker.

This AWH™ technology, to be known as the Global Acquaduct®, furthers Healixa’s mission to provide fundamental pillars for sustainable communities through novel technology. Healixa now has the ability to make a major impact on the United Nations’ Sustainable Development Goals, which aims to provide universal access to clean water and sanitation by 2030.

About Healixa Inc.

Healixa is a technology company focusing on building and acquiring innovative and disruptive technologies in the health-tech, clean water generation and green-tech industries. Healixa embraces innovation by combining its intellectual properties, patents, strategic collaborations, and partnerships to create a “LaunchPad” of disruptive sustainable products.

Forward-looking Statements

Certain statements contained in this press release may constitute forward-looking statements. For example, forward-looking statements are used when discussing our expected research and development programs, and more. These forward-looking statements are based only on current expectations of management and are subject to significant risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, including but not limited to the risks and uncertainties related to the progress, timing, cost, and results of Partnerships and product development programs; difficulties or delays in obtaining regulatory approval or patent protection; and competition from other companies. Except as otherwise required by law, Healixa Inc., f.k.a. Emerald Organic Products, Inc., undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contact:
855-540-0354

invest@healixa.com

FAQ

What is Healixa's recent acquisition related to EMOR?

Healixa has acquired Atmospheric Water Harvesting® (AWH™) technology to create potable water from the atmosphere.

How does AWH™ technology impact the global water market?

AWH™ offers a cleaner and less expensive alternative to traditional water treatment, potentially capturing market share in the $450 billion water industry.

What are the expected initial orders for AWH™ technology?

Healixa projects initial orders of potentially several hundreds of thousands of AWH™ machines.

What is the strategic importance of the AWH™ acquisition for Healixa?

The acquisition aligns with Healixa's mission to provide clean water access and supports the UN's Sustainable Development Goals.

When is Healixa expecting to test the AWH™ prototype?

Healixa anticipates the AWH™ prototype will be ready for testing in the coming weeks.