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Recent News & Events
August 12, 2018
Indiana Water Summit kicks off in Indianapolis
INDIANAPOLIS, August 12, 2018 -- Global Water Technologies (OTC: GWTR) is pleased to participate in the inaugural Indiana Water Summit that kicks off August 12 and 13 in downtown Indianapolis.
The event brings together more than 200 water leaders and activists from across the state to participate in planning Indiana’s water future. The event is timely, as official closing of the first statewide Water Infrastructure Finance and Innovation Act (WIFIA) program in the United States is expected to bring $436 million of financing from US EPA for water and wastewater projects across Indiana. Final details of that groundbreaking event have been in process at the state and federal levels since an initial announcement in April.
“We’ll put $436 million in new federal funds to good use in communities around the state to improve aging water infrastructure,” Indiana Governor Eric Holcomb said in April. Closing of two individual WIFIA loans for projects in California took place earlier this summer, as the new federal program moves into the funding stage. Indiana’s statewide program would be the first to include projects in dozens of communities.
This week’s Indiana water summit includes a range of government, utility, business and community leaders and is headlined by Charles Fishman, author of “The Big Thirst”, a best-selling book on efficient use of water resources and smart solutions for the sector.
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.