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October 27, 2024
Global Water Technologies presents at XPRIZE Water Scarcity summit
INDIANAPOLIS, October 27, 2024 — Global Water Technologies (OTC: GWTR) was invited to present at the North American team summit for the new XPRIZE Water Scarcity competition that is being sponsored by The Mohamed bin Zayed Water Initiative to create reliable, sustainable and affordable seawater desalination systems.
The team summit took place during the WEFTEC conference in New Orleans and Global Water Technologies was one of five teams that presented ideas for the competition, which opened its qualification round last week. The company plans to utilize an innovative approach that leverages non-chemical water technology and is in discussions with strategic partners and potential investors to support this effort.
A summary of the team summit is available at the official XPRIZE Water Scarcity website.
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.