RIDGEFIELD PARK, NJ - (NewMediaWire) - June 18, 2024 - LIFEQUEST WORLD CORP (OTC MARKETS: LQWC) is focused on innovative,decentralized, scalable wastewater treatment and reuse technologies. Through itswholly owned subsidiary, Biopipe Global, the Company is concurrently pursuing bothindustrial (ETP) and sewage wastewater treatment (STP) markets.
Max Khan, the CEO of Lifequest, stated that, “This is ourfirst Biopipe STP order for a resort in Africa and will serve as a keyreference site. Biopipe STPs are currently at two resorts in the Maldives. Ourchannel partner has been aggressively marketing Biopipe over the last twelvemonths and expects additional orders to come through from the various proposalsthat have already been submitted. We have received a 50% deposit and expect toship the plant in the first week of July.”
Biopipe has recently completed the installation of the previouslyannounced 200m3/day plant at Addis Ababa University in Ethiopia. Weare currently waiting for sewage line to be connected so the plant can becommissioned. Although a demonstrationplant has been successfully running at Ministry of Irrigation & Water, theAddis Ababa University plant will be our first commercial scale plant inEthiopia. Our channel partner there has several proposals in the pipeline andexpects orders to firm up upon successful commissioning of this plant. Our teamwas also able to train the local team on how to do future installations ontheir own with our guidance.
About LifeQuest & BioPipe
LifeQuest offers effluent treatment plants (ETP), sewagetreatment plants (STP), fat oil and grease (FOG) separator and hybrid media forwater polishing. BioPipe has developed a patented, 100% sludge-free,chemical-free, odor-free, silent, easy to assemble and install, scalable, lowcost, ecological and low maintenance-free onsite sewage wastewater treatmentsystem. The Abrimix ETP solutionavailable through our joint venture is a highly efficient and cost-effectiveindustrial wastewater treatment system that is vastly superior to Dissolved AirFloatation (DAF) and other onsite industrial wastewater treatment systems.
Contact: investor@lifequestcorp.com
Phone:646-201-5242
This press release contains forward-looking statements thatreflect the Company's current beliefs, expectations or intentions regardingfuture events. Any statements containedin this press release that are not statements of historical fact may be deemedforward-looking statements. Words suchas “will,” “will be”, “anticipate,” “predict,” “expect,” “continue,” “future,”and similar expressions are intended to identify such forward-lookingstatements. All forward-looking statements involve significant risks anduncertainties that could cause actual results to differ materially from thoseexpressed or implied in the forward-looking statements, many of which aregenerally outside the control of the Company and are difficult to predict. Examples of such risks and uncertaintiesinclude, but are not limited to: political unrest in countries we operate in,Covid-19 pandemic related disruptions, shipping constraints, expatriation ofinvested capital, defaults, future revenues, expenditures, capital, theadequacy of the Company's current cash and working capital to fund present andplanned operations, investments and the growth through joint ventures.Additional factors that could cause actual results to differ materially fromthose expressed or implied in the forward-looking statements, can be found inour current Disclosure Statements at www.otcmarkets.com. The Companyanticipates that subsequent events and developments may cause views andexpectations to change. The Company assumes no obligation, and specifically disclaimsany intention or obligation, to update any forward-looking statements, whetheras a result of new information, future events or otherwise.
Biopipe Global Corp