Global Water Technologies plans pilot “smart water grid” project with people + pipes + policy
December 14 2012 - 8:34AM
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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