Global Water Technologies announces acquisition plans

Global Water Technologies announces acquisition plans

New platforms expand opportunities in emerging smart water
sector

INDIANAPOLIS, October 21, 2013 -- Global Water Technologies (OTC
Pink: GWTR) announces plans to expand its opportunities in the emerging smart
water sector with the addition of two new acquisitions.??



The first addition is an innovative Software-as-a-Service (SaaS) platform to
provide better data to utility customers on usage analytics. GreenSuite helps
users track their consumption, make plans to improve efficiency, learn more
about sustainability and earn rewards for such activities. The software can
also be used as a demand-side tool for utilities.



???We were impressed with this forward-thinking and very scalable approach to
engage utility customers and are looking forward to implementing GreenSuite
software with innovative water utilities,? said Erik Hromadka, CEO of Global
Water Technologies, noting the addition of software development is an important
step for the company.

A second acquisition brings expertise and new technologies in
the water infrastructure sector, where the company has focused on its ?People +
Pipes + Policy? approach to reducing water loss. WASIR is a consulting group
focusing on innovative resources for both drinking and wastewater systems.

 

Growing national attention to water issues is creating interest among community
leaders and investors who recognize the future potential for "smart
water" solutions.?? Those interested in participating in these new efforts
should contact the company for more information.

GreenSuite is qualified for Indiana's Venture Capital Investment
Tax Credit that is designed to encourage investment in fast-growing,
early-stage companies.??

Global Water Technologies structured the acquisitions as
all-stock transactions and reserved shares for future issuance to be determined
based on milestones reached by the subsidiaries at the end of 2014. As a result
of the transactions, the number of issued and outstanding shares of Global
Water Technologies as of October 21, 2013 is 16,318,605.??

More information about GreenSuite is available at: www.mygreensuite.com??

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

FORWARD-LOOKING STATEMENT:? Statements in this press release
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.