Published 08-15-11
Submitted by Latitude Solutions, Inc.
/PRNewswire/ - Latitude Solutions, Inc. ("LSI" or the "Company"), trading symbol OTC: LATI.QB, in collaboration with John Paul DeJoria announced today that they have recently formed a 501 c-3 not-for-profit foundation named Water the World with Latitude™. The foundation and its associated agents will utilize LSI's proprietary Electro Precipitation™, Integrated Water Systems™ water remediation technologies to create revenues for the foundation through identified projects. Further, by utilizing the technology in a scaled-down version, the foundation will provide sanitation and potable water solutions to the "water disadvantaged world."
Harvey Kaye, Chief Executive Officer for LSI stated, "Our association with John Paul DeJoria, founder of John Paul Mitchell Systems and Patron Tequila and well known worldwide philanthropist, together with the application of our technologies can provide resources and solutions to the human devastation caused by contaminated water issues worldwide."
John Paul DeJoria, stated, "To be able to join Harvey in sharing our good fortunes with those who need clean water and be able to do it through our Latitude business is a true reward for living the lives we live. Utilizing LSI's breakthrough water remediation technologies to provide solutions to the billions of people worldwide who are suffering disease and death caused by water related issues is an inspired mission. The lack of clean water is one of the world's most pervasive problems and is expected to rapidly worsen; our ability to make a difference is a mission worthy of our efforts. Success unshared is failure."
About Latitude Solutions, Inc.
Latitude Solutions, Inc. is a holding company whose proprietary technologies and operations reside in four subsidiaries. Latitude Clean Technology Group, Inc. provides products, processes and solutions for contaminated water applications. Latitude Energy Services, LLC provides marketing, operation and service of the Company's clean water technologies to the oil and gas industry. Latitude Maritime Solutions' principal area of focus is the marketing and implementation of LSI's propriety Electro Precipitation™, Integrated Water Systems™ technologies for the maritime industry and Latitude Mining Solutions focuses on the Mining Industry. LSI has offices in Boca Raton, Florida; Colorado Springs, Colorado; Brightwaters, New York and Chicago, Illinois. The Company's products and solutions can be viewed on www.latitudesolutions.net.
This press release may contain certain 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. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
Latitude Solutions, Inc. is a holding company whose proprietary technologies and operations reside in four subsidiaries. Latitude Clean Technology Group, Inc. provides products, processes and solutions for contaminated water applications. Latitude Energy Services, LLC provides marketing, operation and service of the Company's clean water technologies to the oil and gas industry. Latitude Maritime Solutions' principal area of focus is the marketing and implementation of LSI's propriety Electro Precipitation(TM), Integrated Water Systems(TM) technologies for the maritime industry and Latitude Mining Solutions focuses on the Mining Industry. LSI has offices in Boca Raton, Florida; Colorado Springs, Colorado; Brightwaters, New York and Chicago, Illinois. The Company's products and solutions can be viewed on www.latitudesolutions.net.
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