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Recent News & Events
March 21, 2016
First White House Water Summit highlights need for sustainable investment
Global Water Technologies joins call to action at Washington DC events
INDIANAPOLIS, March 21, 2016 -- Global Water Technologies (OTC Pink: GWTR) is participating in a national call to action on sustainable water strategies being launched this week at the first White House Water Summit on Tuesday, March 22.
Water leaders from across the United States will head to the nation's capital for the groundbreaking summit and related activities being held on World Water Day. The event will be live-streamed by the White House and highlight the need for water sustainability with long-term strategies and funding.
We must move from a crisis-driven approach that responds to emergencies and begin investing in smart water solutions that use technologies to better manage our nation's most precious resource, said Erik Hromadka, CEO of Global Water Technologies. Innovative financing and infrastructure resiliency are needed to protect our nation's drinking water and ensure the public health and safety of all our citizens.
Global Water Technologies has been working on such smart water solutions that include the use of sensors and software to reduce water loss and a combination of new physical and data tools that improve efficiency for utilities and provide better service for water customers.
Driving water innovation has been a focus for an emerging network of national water clusters that launched in 2011 in the Great Lakes region as a joint effort of the U.S. Environmental Protection Agency (EPA) and Small Business Administration (SBA). The effort has focused on collaboration among innovative companies, university partnerships and government-supported research.
Last month, Global Water Technologies hosted international delegations from Canada and China for a demonstration of water solutions in the new 16 Tech innovation community in Indianapolis. The event included a review of smart meter technology, a new UVC-LED system for disinfection and a unique process for cleaning and relining drinking water pipelines so that contaminants like lead cannot leach into the water supply.
The 16 Tech initiative kicked off this year to create a world-class research community in an area just north of the Indiana University Purdue University at Indianapolis (IUPUI) campus where Global Water Technologies has been working to develop a living lab for water innovation.
Hromadka will be discussing these efforts and opportunities for investments in new water solutions at the Water 2.0 conference in Washington DC that is being held by the Water Innovations Alliance Foundation in conjunction with the White House Water Summit.
More information about Global Water Technologies is available at: http://www.gwtr.com
More information about the White House Water Summit is available at:
https://www.whitehouse.gov/live/white-house-water-summit
More information about Water 2.0 is available at:
http://www.waterinnovations.org/conferences_home.php
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.