Global Water Technologies addresses innovation with industry leaders
February 11 2013 - 8:09AM
OTC Markets
Global Water Technologies addresses innovation with industry
leaders
Notes role of federal, state and local
collaboration on sustainable
infrastructure
INDIANAPOLIS,
February 10, 2013 -- Global Water Technologies (OTC Pink: GWTR)
notes efforts to support a water technology initiative with a
living laboratory in Indianapolis took a significant step forward
this month with meetings among local, state and federal
officials.
Global Water Technologies hosted a meeting with the U.S.
Environmental Protection Agency (EPA) and Small Business
Administration (SBA) to discuss innovation in the sector as part of
Confluence, a water technology cluster formed by the two federal
agencies in 2011 to facilitate regional efforts supporting research
and economic development.
The discussion also included representatives from the Indiana
Department of Environmental Management (IDEM) and Indiana Economic
Development Corporation (IEDC) at the state level and Indianapolis
city and neighborhood leaders.
Global Water Technologies is working to introduce several
innovative components of a “smart water grid” that include a
consumer dashboard that educates and motivates consumers to use
water efficiently; advanced two-way metering solutions that provide
better tracking of usage; and a system using sensors and software
to identify problem areas caused by hidden underground leaks in the
network of pipes that deliver drinking water.
The company is working with local partners to deploy, test,
research and refine such solutions in a “living
laboratory” located in a neighborhood just north of the
Indiana University Purdue University at Indianapolis (IUPUI)
campus. The unique approach seeks to provide a real-world
environment for developing local solutions that can be exported
across the city, state and country.
Using a comprehensive approach that connects “people + pipes +
policy” with big data analytics, the effort begins by engaging
the people who use the system to educate, motivate and reward
sustainable water use. That data is collected and processed using
information technology and infrastructure tools to better monitor
water flowing through the system. As a result, policies can be
developed and refined to encourage water conservation, improved
pricing models and more efficient asset management.
The living laboratory in Indianapolis is part of an emerging focus
on new water technologies that is getting national attention,
especially in the Great Lakes region. Wisconsin, Illinois, Indiana
and Ohio have a wide range of resources that include federal
research institutions, leading universities, innovative utilities
and private sector strength among both established and emerging
companies.
In an era of limited budgets and growing demands for fresh, clean
water, new technology solutions are key to improving efficiency and
reducing overall costs to communities. While such solutions can
improve many aspects of water management, a primary opportunity
is reducing the loss of valuable drinking water. Advances in
sensors, software and analytics are creating significant financial
incentives for new water technologies.
Support for innovative water technology solutions is needed at all
levels, since water issues are usually local and regulated by state
and federal policies. One exciting idea to spur innovation in water
technologies at the federal level is the possibility of creating
ARPA-W, which could be modeled after the Defense Advanced Research
Projects Agency (DARPA) and the Advanced Research Projects Agency
for Energy (ARPA-E). Encouraging similar transformational and
creative thinking for water innovation could spur research and
development efforts that have major benefits for the United
States.
Global Water Technologies will be addressing such opportunities
at Water 2.0, a Water Innovations Alliance conference at 30
Rockefeller Center in New York City on February 26.
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.
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