Sionix Enters Agreement for Representation in Asia

March 23, 2011

Company selects SAJ Consult to represent its interests in China

Sionix Corp., designer of mobile water treatment systems, announced that it has entered into an agreement with SAJ Consult LLC (SAJC) of Las Vegas to represent certain Sionix interests in China and other countries in South and Southeast Asia.

During recent visits to China, Sionix has been presented on federal and provincial levels and has been favorably received. While a number of business configurations are possible, SAJC and Sionix have agreed that the most likely arrangement would be a Chinese joint venture, involving a significant minority interest for Sionix; licensing and technology transfer fees; an initial prototype mobile water treatment system; consulting expertise; and ongoing royalty fees based on annual sales objectives. Certain exclusivity provisions could also be under consideration. SAJC has agreed to represent Sionix for a success fee only.

"Prime Minister Wen Jia Bao has requested a new five-year plan to clean up water and air pollution. Manufacturers and cities are required to stop polluting lakes and streams and the government has allocated funds to accomplish those mandates,” said Andrew Mackenzie, principal with SAJC. “Any local governmental or corporate entity needing assistance in achieving their pollution control goals will have the full cooperation from the central government in acquiring or licensing applicable international technology. The Chinese government is looking particularly to Germany, Great Britain, France and the United States to secure those resources. Sionix represents one of those companies that can provide needed technology and product to remediate decades of neglect and abuse of their natural resources."

Water issues in both China and India have been exacerbated by rapid industrialization over the last two decades, leading to significant contamination of all surface and sub-surface water resources. Sionix believes that its DAF technology is particularly suitable for many of the rural locations in China and India and plans to move aggressively in cooperation with local JV partnerships to address these problems by remediating and recycling precious water resources.

Source:

Marketwire

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