WorldWater & Solar Technologies Corp. (WWAT.OB) Announces Record Revenues and Extensive Project Pipeline
WorldWater & Solar Technologies Corp. (OTCBB: WWAT) today announced its financial results for the fourth quarter and 12 months ended Dec. 31, 2007, posting record revenues for both periods. The international solar electric engineering and water management company highlighted its achievements regarding projects, secured contracts and completed acquisitions. Fourth-quarter revenue was $10.9 million, up from $7.1 million for the same period of 2006, and up from $4.4 million reported in the third quarter of 2007. WorldWater attributed the increase partially to its projects and contracts, including its contract with the Fresno Yosemite Airport. For the 12 months ended December 31,…