Global Water Technologies Seeks Upgrade on OTC Markets

INDIANAPOLIS, Nov. 16, 2011 /PRNewswire/ — Global Water Technologies, Inc. (OTC
Markets: GWTR) is seeking an upgrade of its listing on the OTC Markets. The
company has completed the steps needed to move from “Limited Information” to
“Current Information”, which is the highest tier for non-reporting pink sheet
companies.

“This is another important step forward in providing better disclosure to our
shareholders,” said CEO Erik Hromadka. “Now both current information and future
opportunities can be used to evaluate the company, its progress and its
potential.”

Global Water Technologies filed its initial disclosure statement with the OTC
Markets and unaudited financial statements from 2009 and 2010 to receive an
upgrade to “Limited Information” earlier this year. Since then, the company has
filed three quarterly reports and is now submitting its Attorney Letter with
Respect to Adequate Current Information.

The OTC market represents a broad and diverse group of companies with a variable
level of financial strength, disclosure availability and management quality.
Market capitalizations range from micro-cap start-ups to large cap
multi-national companies. More information is available at: www.otcmarkets.com.

Global Water Technologies seeks to identify, develop and commercialize
proprietary new technologies to increase water and energy efficiencies. The
company is reviewing a number of such new technologies and developing strategic
partnerships where it can leverage its resources as a small public company to
create value for its shareholders.

Additional information about Global Water Technologies 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.