FORT WORTH, Texas, Sept. 6, 2012 /CNW/ - Latitude Solutions, Inc. (OTC PINK: LATI), a water remediation and water conservation technology company, announced today that through the cooperative efforts of their agency relationship with Water the World, LLC, an Electro Precipitation™ system has been deployed and is now actively and continuously treating water at the production facility of NaturalShrimp Holdings, Inc. located outside of San Antonio, Texas. In addition, the deployment of the unit will also serve as a 24/7 operational Research & Development Center for Latitude to further advance its technology. This facility will also be utilized by Latitude as a showcase to introduce potential clients to Electro Precipitation™ in a live, commercially active setting.
About Latitude Solutions, Inc.
Latitude Solutions, Inc. (LSI) and its subsidiaries provide proprietary and innovative wastewater remediation solutions to oil & gas, energy, mining, food processing, agricultural, pulp and paper, and other industries worldwide, employing their Electro Precipitation™ (EP™) technology. LSI's EP™ technology provides a customizable, environmentally responsible and sustainable solution to remediate many different industrial sources of wastewater. This formerly unusable water can be utilized for ongoing operations, aiding in the reduction of costs associated with fresh water acquisition, transportation of both fresh and wastewater, and disposal of contaminated water. The Company maintains ownership and operational control of all its processing equipment in order to ensure the best possible level of client satisfaction and quality control. LSI has offices and/or operations in Fort Worth, Texas; Colorado Springs, Colorado; Searcy, Arkansas; and Amsterdam, The Netherlands. Information on the Company and its products can be viewed on www.latitudesolutions.net.
About NaturalShrimp Holdings, Inc.
NaturalShrimp is an agro-tech company that has developed a proprietary technology to grow and sell fresh, high-quality shrimp anywhere in the world. The NaturalShrimp system consists of fully contained and independent production facilities, which allows the Company to raise Pacific white shrimp in an ecologically controlled, bio-secure, high-density environment in geographically-strategic, high-consumption areas. No ocean is required. The Company has invested over 11 years and more than $20 million in its efforts to commercialize the system. The Company has established a production facility outside of San Antonio, Texas, and its European partner has constructed a production facility in Medina del Campo, Spain. Expansion plans include both domestic and international production facilities and distribution channels. This expansion should allow the Company to capture a significant portion of the "high-end" shrimp market by offering locally grown, always fresh, always natural shrimp.
Safe Harbor Statement
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.
SOURCE: Latitude Solutions, Inc.
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