WPUR Garners Lithium IP Expertise to Lead Electric Energy Innovation for EV and Cryptocurrency Projects

Posted on February 5, 2022 by Design in Design Innovation | 0 Comments

DALLAS, Feb. 1, 2022 /PRNewswire/ — WaterPure International, Inc. (USOTC: WPUR) today announced that Ed Bollen has joined the company as the new CEO. Mr. Bollen was formerly the President of Alternet Systems, Inc. (USOTC: ALYI). He was the founder of Lithium IP which was acquired by ALYI. He now brings his electric energy technology experience to WPUR.

Mr. Bollen’s transition to WPUR stems from a partnership between WPUR and ALYI established around ALYI’s EV Ecosystem initiative.

WPUR is working with ALYI on the development of an off grid, clean electric energy production, storage and charging solution for electric vehicles. WPUR is also partnering with ALYI in the development of a solar farm to power a sustainable event and resort facility. The event and resort facility is part of ALYI’s plans with Formula E, another component of ALYI’s EV Ecosystem.

WPUR recently published a strategic overview of the company’s overall rollout plan for its water and electric utility management technologies targeting the $41 billion sustainability market. The strategic overview highlights WPUR’s leading projects to include solar powered cryptocurrency mining in addition to the ALYI EV Ecosystem partnership.

Sean Mathis, the outgoing CEO, was serving in a temporary capacity over the last year bringing the company’s reporting status up to date and transitioning the company into its current operational posture.

To learn more, visit https://www.wpurinc.com/.

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Contact:

WaterPure International, Inc.
Sean Mathis
[email protected]
+1 972-918-5256

SOURCE WaterPure International, Inc.