Global Water Technologies Resumes Trading as GWTR, Notes World Water Week and New Regional Initiative
INDIANAPOLIS, Aug. 25, 2011 /PRNewswire/ — Global Water Technologies, Inc. (OTC
Markets: GWTR) announces the company will begin trading as GWTR on August 25,
amid increasing attention on the need for better water technology around the
world.
“There’s a growing need for innovative new solutions to enhance water treatment
and improve efficiency in using the world’s most precious resource,” said CEO
Erik Hromadka, noting the focus on water in an urbanizing world at the annual
World Water Week event being held in Stockholm.
As a small water technology company in the United States, Global Water seeks
opportunities to connect investors with new opportunities to make better use of
water resources. Ballast water treatment, water infrastructure monitoring and
extracting energy from wastewater are areas of interest that the company has
been exploring.
Global Water Technologies is also participating in a new regional water
technology initiative being developed by the United States Environmental
Protection Agency (EPA) and Small Business Administration (SBA). The Water
Technology Innovation Cluster works to develop and commercialize innovative
technologies to solve environmental challenges and spur sustainable economic
development. The cluster is harnessing regional expertise in the Indiana, Ohio
and Kentucky region, which includes the EPA’s national research & development
lab in Cincinnati.
“Around the world and right here in the Great Lakes region, there is a growing
recognition that fresh, clean water is an extremely important resource that is
often undervalued until it is not readily available,” Hromadka said. “That
dynamic presents great opportunity for new technologies that can improve the
treatment, delivery and use of water.”
Global Water Technologies is a small cleantech company that seeks to identify,
develop and commercialize proprietary new technologies to increase water and
energy efficiencies. Over the past 60 days, Global Water Technologies has
successfully completed a reverse split of its common stock, upgraded its status
on the OTC Markets and received regulatory approval for electronic trading. The
company now has 8,535,805 shares of common stock outstanding.
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.















