PureSafe Water Systems, Inc. Announces the Completion of the Consolidation of Their Executive Office Headquarters
PLAINVIEW, N.Y., May 10, 2012 /PRNewswire/ -- PureSafe Water Systems, Inc. (OTCBB: PSWS) has announced the completion of the consolidation of their executive office headquarters into their manufacturing facility at 160 Dupont Street, Plainview, NY 11803, which now serves as Company headquarters. The consolidation was done to provide greater management efficiency and reduce costs. The annual rent savings will be in excess of $ 100,000 per annum by combining both spaces, compared to maintaining the Company's former offices at 25 Fairchild Avenue, Plainview, NY. "As our business continues to evolve and grow we wanted to get our team under one roof to allow for greater feedback, integration and planning," said Leslie Kessler, CEO.
From time to time, information provided by the Company (including; but not limited to this release), statements made by its employees or information included in its filings with the Securities and Exchange Commission may contain "forward -looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. With respect to such forward-looking statements, the Company claims protection under the Private Securities Litigation Reform Act of 1995. The Company's results may differ significantly from those stated in any forward-looking statements. Forward-looking statements involve a number of risks and uncertainties, including, but not limited to, product demand, pricing, market acceptance, litigation, risks in product and technology development and other risk factors detailed from time to time in the Company's Securities and Exchange Commission reports including, without limitation, its 2008 Form 10-K and Forms 10-Q. The Company does not undertake to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
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