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GWTR Global Water Technologies Inc (PK)

0.03
0.00 (0.00%)
14 Jun 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% 0.03 0.03 0.035 0.00 13:06:42

Global Water Technologies plans pilot “smart water grid” project with people + pipes + policy

14/12/2012 2:34pm

OTC Markets






Global Water Technologies
plans pilot “smart water grid” project with people + pipes + policy


Reducing water main breaks through sustainable infrastructure and water
efficiency






Global Water Technologies
(OTC Pink: GWTR) is planning to launch a pilot “smart water grid” that
demonstrates the importance of addressing sustainable infrastructure through a
comprehensive approach that shows benefits to people, pipes and policy.



In the past year, the company has announced a patented new
sensor + software solution for monitoring conditions in underground water pipes
and partnered with the Buried Asset Management Institute – International
(BAMI-I) to test new solutions for aging water infrastructure.

Now Global Water Technologies is expanding the focus on water loss in
underground pipes to include its impact on people in local communities and
public policy that can make better use of valuable water resources.



“People, pipes and policy are the three key factors in
creating sustainable water infrastructure and we are working to demonstrate how
a comprehensive approach can make a real difference in the water sector,” said
Erik Hromadka, CEO of Global Water Technologies.

Hromadka said collaboration among water utilities, community leaders, research
universities and innovative companies will be key to successfully demonstrating
local solutions to national water infrastructure problems in the United States.



Global Water Technologies is seeking municipal and financial
partners to demonstrate how such an approach can address the major crisis of
aging water pipes that lose 20 percent of drinking water and cause hundreds of
water main breaks in the United States every day.



New technology can be a helpful tool for maintaining water
pipes, but its real impact is on the people affected by water loss and we need
public policy that provides clean, safe water, Hromadka said.



Parties interested in participating in a pilot smart water
grid 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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