Global Water Technologies Completes Reverse Split, Gets Upgraded Status and Temporary GWTRD Stock Symbol

INDIANAPOLIS, July 28, 2011 /PRNewswire-FirstCall/ — Global Water Technologies,
Inc. (OTC Markets: GWTR, GWTRD) announces it has successfully completed its
reverse split and received an upgraded status on the OTC Markets.

The company has been notified by the Financial Industry Regulatory Authority
(FINRA) that its previously announced reverse split on a one for one hundred
basis has been approved and takes effect at the beginning of trading on July 28.
As a result of the split, the number of outstanding common shares has been
reduced to 8,535,805.

Global Water Technologies has also filed its initial disclosure statements on
the OTC Markets and its stock has been upgraded from a status of “No
Information” to a status of “Limited Information.”

For the next 20 business days, the company’s stock ticker symbol will include an
extra “D” to note the split has taken place and will trade as “GWTRD”. After 20
business days, the stock will revert back to its original “GWTR” symbol.

“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.