Hyderabad, India. (SANEPR.

com) October 10, 2006 -- WaterHealth

International, Inc. (WHI) today announced ICICI Bank’s funding
commitment for WHI’s development of community water facilities in
rural India.
2008-12-
Submitted by fedup 12
11:23:41
In the initial tranche of funding, ICICI Bank committed 40 million rupees
(approximately US $865,000) to WaterHealth India Pvt. Ltd., WHI’s
subsidiary, in a commercial loan facility.

“Providing clean and safe water in underserved areas of the planet in a

sustainable way is an unparalleled challenge in the fight against waterborne
diseases,” said WHI CEO Dr. Tralance Addy. “WaterHealth International
offers an affordable commercial solution to this problem, and we are pleased
that ICICI Bank embraces our business model and has decided to support
our expanding efforts in India.”

“WaterHealth International has devised a business solution for providing the

poorest communities with clean water,” said Nachiket Mor, ICICI Bank
Deputy Managing Director. “ICICI Bank is pleased to finance this initiative,
which we believe can be commercially successful while providing clean water
at affordable prices in rural India.”

WaterHealth International, Inc. provides innovative business solutions to one

of the world’s most desperate health crises, the lack of safe, clean and
affordable water for the billions of people who have little or no access to it.
WHI’s award-winning water purification and disinfection technology,
combined with creative and unique business approaches, enable the delivery
of highly affordable, clean water to even the most remote and underserved
communities. WHI invests in health and hygiene education programs as part
of its normal business practices to combat waterborne diseases in the
communities it serves. WHI’s website iswww.waterhealth.com.

WaterHealth International India Initiative

Hyderabad, AP, India (Lake Forest, CA, USA) – WaterHealth

International’s(WHI) break-through technology and innovative business
model enable the delivery of highly affordable, clean water to even the most
remote, low-income rural communities.

WHI’s technology platform is ideal for meeting the special needs of

underserved and rural areas. The technology is modular, robust in
challenging environments, and readily scalable to adapt to different
population sizes. The technology also is environmentally friendly, requiring
very low energy usage and no harmful chemicals.
Through WHI’s community water facilities, WaterHealth Centres, previously
underserved communities gain ready access to high-quality potable water
meeting or exceeding WHO standards, at user fees that even households
that earn just US $2 per day can afford.

The acquisition and development of WaterHealth Centres is extremely cost

effective, with a lower per capita investment requirement than prevailing
approaches, some of which do not provide disinfected water.

WaterHealth’s business approach to this challenge includes partnerships with

commercial institutions as well as international agencies, local, state and
central government officials and non-governmental organizations. This
facilitates rapid deployment of its systems and associated services on a truly
global scale. We have combined technology with technical and educational
services through renowned committed local partners such as Naandi
Foundation to spread awareness about the vital importance of safe water.

Naandi Foundation works closely with us to provide local solutions to a global

challenge. They encourage community interface, behavioral change
communication for adopting safe water practices, as well as plan advocacy
activities at the local and state level. Naandi shares our common vision and
has provided tremendous on ground support.

Promoting Health and Hygiene

The first step in fighting waterborne disease is ensuring that the community
embraces the concept of clean water and good health. The company
provides continuing educational programs in health and hygiene to local
residents, delivered by health care professionals, in partnership with well-
respected community-service organizations
Award-winning technology

WaterHealth’s technology platform has received widespread acclaim for its

groundbreaking features and promise for the underserved. The citations
include:

- Discover Magazine’s Award for Technical Innovation

- Discover Magazine citation as one of the “Best of Decade” inventions
- Popular Science Magazine’s “Best of what’s New” award
- US News & World Report’s citation as one of “20 Ways to Save the World”-
Smithsonian Institution, National Museum of American History, part of the
permanent collection of public health inventions.

Dr. Ashok Gadgil, WaterHealth’s VP of Scientific Affairs, has been named a

“Modern Day da Vinci” by the Museum of Science and Industry in Chicago,
and is among The Tech Museum’s esteemed group of Tech Laureates.

Financing as a Catalyst
To make its products and services more accessible, WaterHealth offers
financing for the purchase of its systems. The collection of user fees
facilitates the repayment of system costs over time, after which WaterHealth
Centres become income-generating, community-owned assets. Because
these micro-utilities are owned by the communities in which they are
installed, they generate resources to fund other development projects after
financing obligations have been met.

Long-term sustainability

WHI provides long-term technical support, ensuring the sustainability of

each WaterHealth Centre. Standard services include:

• Site assessment and preparation

• Conveyance of raw water from source to treatment facility
• Turnkey assembly, installation and validation of water treatment
equipment and civil works
• Provision of specially designed water containers that minimize the potential
for recontamination during customer use and storage
♣ Extended maintenance contracts to keep quality and operating standards
high.
♣ Recruitment, hiring, and training of local residents to operate facilities
♣ Overall management of centres

World Class Partners and Investors

WHI has committed partners and investors who share our vision for solving
one of the world’s major health crises. They rank among the premier
organizations in their fields.

• International Finance Corporation

• Johnson & Johnson
• Acumen Fund
• Plebys International
• ICICI Bank
• Dr. Anji Reddy
• Naandi Foundation

About ICICI Bank: ICICI Bank (NYSE:IBN) is India’s second largest bank and
largest private sector bank with over 50 years of financial experience and
with assets of USD 57 billion as on June 30, 2006. The Bank offers a wide
range of banking products and financial services to corporate and retail
customers through a variety of delivery channels and through its specialised
subsidiaries and affiliates in the areas of investment banking, life and non-
life insurance, venture capital and asset management.