Water News - SNM Global launches 'Clean Water Project' -- Water Market $90 billion and Expanding
LONDON--(http://www.investorideas.com/ water stocks blog ) - September 28, 2010) - SNM Global Holdings (PINKSHEETS: SNMN) -- SNM Global Holdings announced today the official launch of its 'Clean Water Project'. This business unit will target various emerging economies and marginal geographies through the company's MicroTech distribution models with local partners in the various target markets. The Company will announce various technologies, solutions, and products as part of the initiative.
Water is an enormous issue around the globe -- for drinking, farming and industry. As the world population approaches 7.8 billion by 2030, the demand for potable water will stress the finite closed-loop water-cycle responsible for supplying freshwater.
The Company believes, and as reported by Pike Research, the respected research group, growth opportunities in the water market seem obvious. The water market is huge and expanding, in a crisis that cries out for innovation and efficiency, deeply enmeshed with energy usage and in urgent need of a variety of new technolgy approaches.
The projected annual expenditures in the global market of for advances in irrigation systems, water reuse initiatives, infrastructure supply and storage, and treating secondary water sources are in excess of $90 billion. This rate appears to be sustainable based on demand from population growth, continued industrialization, and agricultural utilization.
The Company is currently assessing a number of promising and sustainable technological solutions and expects to announce shortly specific acquisitons and/or licensing arrangements in the growing clean water market.
The Company has recently announced the launch of it Small & Micro Hydro Technology Development Projects resulting from its recent technology acquisitions and has already announced that eleven major projects have been launched in preparation for commercialization and international distribution.
Each of the technology solutions, resulting from its recent technology acquisitions, are unique integration of proven sustainable alternative sources, engineered to provide redundant energy supplies in a wide variety of applications, particularly adaptable as solutions for emerging markets.
It is expected that a number of the Small & Micro Hydro technologies can be integrated with Clean Water technologies, thereby providing both energy and clean water sources simultaneously.
The recent market reports from Frost & Sullivan and have estimated that the "global ocean energy industry can be worth $1 trillion" and Pike Research, states hydrokinetic energy is "50 to 100 times more cost-efficient than wind or solar"... and can be more reliable than other kinds of renewable energy sources such as wind or solar.
The Small Hydro and Clean Water Development Projects represent important technologies to assist emerging economies to leapfrog into sustainable and independent energy and clean water production.
Based on internal market projections and asset appreciation over the market cycle, the Company values the technology acquisition at $12,500,000, to be purchased through by the issuance of Preferred Stock. Redemption of the Preferred Stock is contemplated to contain several performance based terms relating to sales and market penetration, thus protecting shareholders and insuring equity appreciation.
The Company's acquired technologies and development projects will be integrated into the Company's MicroTechnology Transfer (mt2) Program and MicroEquity Partner Program; and will be introduced into SNM Global's distribution network for emerging market insertion and introduction.
SNM Global's MicroTechnology Transfer (mt2) Program and MicroEquity Partner Program enable the acquisition, development, and transfer of technologies that will provide for the betterment of society and provide the catalyst for emerging markets to leapfrog into the sustainable sectors that will drive the twenty-first century.
The Company encourages collaboration with public, private and institutional partners in all phases of the development and technology transfer cycle; and accepts submissions from both collaborative development, distribution and inventor partners through the Collaboration Portal on its new website at www.SNMNglobal.com.
About SNM Global Holdings
SNM Global Holdings (SNM Global) is a technology holding and development company that invests in, acquires, and develops Intellectual Property Assets and Operations in the Clean/Alternative Energy, Biotech, Water and Better Health & Living sectors adapted specifically for the emerging global markets.
The Company realizes revenues from the distribution of its technology, products, and solutions through its network of international agents and distributors and through the licensing of Intellectual Property through its innovative mt2 Program. The Company provides its International MicroEquity Partner program to our local partners in our target international markets. This program provides initial funding to a community building and life-enhancing organization. The Company sees profits through equity ownership and sales and distribution of its technology and solutions. The company operates through its subsidiaries and various distribution partners worldwide.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from the statements made herein.
CONTACT:
SNM Global Holdings
100 Pall Mall
Saint James
London SW1Y 5NQ United Kingdom
Tel Number: (44) 020 7096 0200
info@snmnglobal.com
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