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Recent News & Events
November 1, 2017
Global Water Technologies notes progress on Indiana water infrastructure financing
INDIANAPOLIS, November 1, 2017 -- Global Water Technologies (OTC: GWTR) is pleased to note progress on the new federal program for water infrastructure financing announced this summer.
In July, Indiana was selected as one of 12 entities in the United States invited to participate in the initial Water Infrastructure Finance and Innovation Act (WIFIA) program. The effort, which is being coordinated through the United States Environmental Protection Agency (US EPA), was supported by Global Water Technologies in 2013-14. The company was an initial member of the agency's national water cluster initiative and has worked on Indiana's participation since 2011.
During a national meeting of the Council of Infrastructure Financing Authorities (CIFA) held in Indianapolis this week and attended by representatives from more than 40 states, Indiana was recognized for having submitted the first completed application in the nation. A final decision on the proposed financing for the state is expected in early 2018.
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.