Global Water Technologies Approved for Trading as GWTRD

INDIANAPOLIS, Aug. 12, 2011 /PRNewswire-FirstCall/ — Global Water Technologies,
Inc. (OTC Markets: GWTR, GWTRD) announces it has completed its review with the
Depository Trust & Clearing Corporation and been approved for electronic
clearance of its common stock, which is temporarily trading under the “GWTRD”
stock symbol.

“This is a significant milestone for the company, as we have now successfully
completed the reverse split, received an upgraded status on the OTC Markets and
been cleared for electronic trading,” said CEO Erik Hromadka.

Global Water Technologies is trading under the stock symbol “GWTRD” for a period
of 20 days and then will revert back to its original “GWTR” symbol. The
Depository Trust Company (DTC) makes securities eligible for electronic
book-entry delivery and settlement. Global Water Technologies now has 8,535,805
shares of common stock outstanding that are DTC-Eligible, allowing brokers to
clear the stock electronically.

As a result of these changes and current market conditions, additional
volatility is likely in the near term. However, the company expects the move
will provide greater stability and opportunities going forward.

“We believe this new stock structure provides a better way to connect investors
with opportunities in new water technologies,” said CEO Erik Hromadka. “There’s
a growing need for innovative new solutions to enhance treatment and improve
water efficiency. We look forward to participating in the development of such
solutions as part of a new regional water technology cluster being formed in
Indiana, Ohio and Kentucky.”

Global Water Technologies also plans to move forward with additional development
of its proprietary system for the on-site production of sulfuric acid, which was
issued U.S. Patent 7,867,470 earlier this year.

“These steps provide a good base for the company, as we work to create value for
both new and existing shareholders,” Hromadka said.

Additional information is available on the company’s web site 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.

SOURCE Global Water Technologies, Inc.