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August 1, 2013
Global Water Technologies highlights opportunities for Indiana
CEO promotes focus on smart water technology in column for state business leaders
INDIANAPOLIS, August 1, 2013 -- Indiana is uniquely positioned to benefit from an emerging tech sector — smart water distribution, according to a column written by Global Water Technologies CEO Erik Hromadka and published in BizVoice Magazine, a publication of the Indiana State Chamber of Commerce.
The column addresses the cost and impact of water loss and suggests that Indiana can benefit from its regional advantage between two of the leading water technology clusters in the United States. Higher water prices and increasing shortages are also factors that will drive innovation in providing better data to water utilities and their customers.
"New technologies with better measurement in underground pipes can provide real-time data on water distribution," Hromadka notes. "Upgrades to smart water meters and consumer dashboards encourage greater efficiency."
"Indiana must tap its dynamic technology community, strong research universities and advanced manufacturing base to create new jobs and opportunities in the emerging water technology sector," he suggests.
The entire column is available on-line at: BizVoice Magazine.
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.