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Recent News & Events
August 13, 2017
Global Water Technologies targets Indiana water infrastructure for innovation
INDIANAPOLIS, August 13, 2017 -- Global Water Technologies (OTC: GWTR) is targeting Indiana water infrastructure for innovation, including deployment of smart water tools that improve efficiency in distribution and collection systems. This effort continues work that has been underway for several years and is expected to benefit from recently announced federal funding for water infrastructure in the state.
Following July's successful readiness workshop in Indianapolis that resulted from the 2017 Smart Cities Council Challenge Grant and highlighted smart water as areas of focus, the company learned that Indiana was one of 12 entities in the United States to be shortlisted for a new federal program supporting innovative water infrastructure. The program, which is being coordinated through the United States Environmental Protection Agency (US EPA), was supported by Global Water Technologies in 2013-14 and the company has participated in the agency's water cluster initiative to drive innovation in the sector since 2011.
Global Water Technologies is in active discussions with several potential partners to move forward with participation in the Indiana opportunities, which are expected to begin during the state's 2017-18 budget year and take place in numerous communities across Indiana.
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.