BioShaft Water Technology Lands Three Middle East Contracts
BioShaft Water Technology Inc. (the "Company" or "BioShaft") (OTCBB: BSHF) is pleased to provide the following corporate update
on its activities for the second quarter of 2016.
On May 25th BioShaft shipped its first two from a total of fourteen Standard Containerized Systems. Four systems are
scheduled to ship by June 25, two to ship by July 9, two by July 23, two by August 6, and the last two by August 20. With
BioShaft’s current production setup, there is potential to ship another 20 systems before the end of 2016.
The first six units shall go to a fast track project in Isfan Industrial City (located near Jeddah, Saudi Arabia). Total
capacity 264000 gallons per day. The project was awarded to our distributor Altaaqa Alternative Solutions.
Altaaqa is a Zahid group company established in 2007. It is one of the fastest growing group of companies that encompasses
caterpillar generators (Volvo and Renault trucks agencies) in Saudi Arabia. Altaaqa has developed a unique concept integrating
power, water, and waste water to independently serve communities and small districts isolated from municipal networks.
"BioShaft's unique technology and Modular scalable system have proven to be of most practical design in many applications
especially when waste water volumes are not predictable," Emad Mukhalalaty, Altaaqa's managing director, explains.
About BioShaft Water Technology Inc.
BioShaft manufactures innovative, patented and proprietary wastewater treatment systems. Compared to traditional wastewater
treatment systems, BioShaft's plants require less than half the footprint, generate four times less sludge volume, consume less
power and provide far better odor control. For details please refer the company’s website: www.bioshaft.com.
BioShaft Water Technology
Sonya Joyce, Office Manager
310-707-2553
sonya@bioshaft.com
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