Global Water Technologies engages larger accounting firm

INDIANAPOLIS, Feb. 27, 2014 /PRNewswire/ — Global Water Technologies (OTC Pink:
GWTR) is pleased to announce it has engaged Donovan Certified Public Accountants
and Advisors in Avon, Indiana as its new accounting firm.

The full-service firm provides professional services that include audits,
financial statements, accounting, tax, payroll and advisory work. The firm also
assists with analysis, such as due diligence, M&A support, cash flow forecasting
and business valuation.

“As we move forward into the next stage of the company’s growth, the services
provided by a larger accounting firm will be an important resource,” said Erik
Hromadka, CEO of Global Water Technologies. “We appreciate all those who have
supported the company and its subsidiaries over the past five years and look
forward to building on the foundation that is now in place as we begin to grow
and undertake new opportunities in the water sector.”

The company also announced that it has issued 750,000 shares to reduce an
accounts payable balance by $30,000. As a result, the company has 17,068,605
outstanding common shares. The number of free-trading shares in the public float
remains at 5,895,503.

More information about Donovan CPA is available at: www.cpadonovan.com

More information about Global Water Technologies is available at: www.gwtr.com

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.

SOURCE Global Water Technologies, Inc.

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