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GWTR Global Water Technologies Inc (PK)

0.02
0.00 (0.00%)
04 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Global Water Technologies Inc (PK) USOTC:GWTR OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.02 0.018 0.028 0.00 22:00:01

GWTR partners with BAMI-I to seek pilot site

07/12/2012 7:08pm

OTC Markets




Global Water Technologies
partners with BAMI-I



Seeks communities to host pilot project on reducing water
main breaks



 



INDIANAPOLIS, December 7, 2012 – Global Water Technologies
(OTC Pink: GWTR) has partnered with the Buried Asset Management Institute – International
(BAMI-I) to test new solutions for aging water infrastructure.



 



Global Water Technologies is introducing a patented new
system from Europe that uses multi-parameter sensors and software to reduce
water loss in drinking water systems. This is a significant problem in the
United States, where aging underground pipes typically lose more than 20
percent of treated water before it reaches customers. In addition to wasting
water and energy, leaking pipes result in hundreds of daily water main breaks that
cause extensive damage and disrupt business.



BAMI-I provide a center of excellence for owners of underground water
infrastructure to join with industry and researchers, using sound science, to
evaluate and develop buried asset management protocols to benefit ratepayers
and other stakeholders by:

           
protecting public health

           
maximizing asset lifecycle value

           
improving the environment

           
sustaining economic development



           
enhancing the quality of life



“Sustainable cities must improve efficiency in their water infrastructure,”
said Erik Hromadka, CEO of Global Water Technologies. “This requires new ideas
and collaboration among water utilities, community leaders, research
universities and innovative companies.”



 



More information about BAMI-I is available at: www.bami-i.com



 



Global Water Technologies is seeking municipal and financial
partners for a pilot project in the U.S. to demonstrate how the new technology
can provide early leak detection and reduce water main breaks. Communities
interested in participating in a pilot project should contact the company.



 



More information about Global Water Technologies is
available at: www.gwtr.com



 



FORWARD-LOOKING STATEMENT:



Statements relating to plans, strategies, economic
performance and trends, projections of results of specific activities or
investments, and other statements that are not descriptions of historical facts
may be forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Forward-looking information
is inherently subject to risks and uncertainties, and actual results could
differ materially from those currently anticipated due to a number of factors,
which include, but are not limited to, risk factors inherent in doing business.
Forward-looking statements may be identified by terms such as "may,"
"will," "should," "could," "expects,"
"plans," "intends," "anticipates,"
"believes," "estimates," "predicts,"
"forecasts," "potential," or "continue," or
similar terms or the negative of these terms. Although we believe that the
expectations reflected in the forward-looking statements are reasonable, we
cannot guarantee future results, levels of activity, performance or
achievements. The company has no obligation to update these forward-looking
statements.



 



CONTACT:



Investor Relations



Global Water Technologies, Inc.



Phone: (317) 452-4488



info@gwtr.com or www.gwtr.com




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