Quote & News
Global Water Technologies notes progress on Indiana water infrastructure financing.
Global Water Technologies targets Indiana water infrastructure for innovation.
Global Water Technologies announces 2017 China BlueTech Award finalist.
Global Water Technologies participates in smart water events.
Global Water Technologies presents in Flint, Michigan.
Indianapolis wins 2017 Smart Cities Council Challenge Grant.
Indianapolis named finalist for 2017 Smart Cities Council Challenge Grant.
Global Water Technologies promotes smart city initiative.
Global Water Technologies prepares for growth in 2017.
Global Water Technologies releases annual shareholder letter.
Recent News & Events
February 14, 2016
Global Water Technologies demonstrates new pipeline system in 16 Tech
INDIANAPOLIS, February 14, 2016 -- Global Water Technologies (OTC Pink: GWTR) is hosting a demonstration of a new pipeline technnology in the 16 Tech innovation district of Indianapolis this week for a visiting delegation from China and other industry leaders who are attending the Water & Wastewater Equipment, Treatment & Transport (WWETT) show.
The new Tomahawk system was developed in Canada by Envirologics Engineering and can be used to rehabilitate aging drinking water pipelines. Aging water infrastructure is a common problem in North America that has received renewed interest after the White House declared a water emergency in Flint, Michigan last month after lead in pipes leached into water supplies. The new technology utilizes a dry process to clean out the build up of such materials and contaminants inside water mains, reline the pipes and return them to service in the same day.
The technoloogy demonstation is being presented in a partnership with Global Water Technologies, Indiana University Purdue University at Indianapolis (IUPUI), Envirologics and the national Trenchless Technology Center at Louisiana Tech. The visiting China delegation includes representatives from engineering and construction companies and a large municipal water utility that serves 20 million customers. The visit is being coordinated by Dr. Tom Iseley, who is an international expert in underground infrastructure and was recognized in 2015 by the American Society of Civil Engineers (ASCE) with its highest award for his more than 40 years of service.
Global Water Technologies and IUPUI have been promoting a "living laboratory" just north of the campus in an area that has been designated by the city as the site of 16 Tech, a planned world-class innovation community that develops and attracts leading tech talent. This demonstration of new water technology is the first of such activities in the area, which is gearing up for major expansion in the next two years.
More information about the technology demonstration is available at: www.gwtr.com/gwtr16Tech.pdf
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.