Global Water Technologies plans pilot "smart water grid" project
with people + pipes + policy
INDIANAPOLIS, Dec. 14, 2012 /PRNewswire/ -- Global Water
Technologies (OTC Pink: GWTR) is planning to launch a pilot "smart
water grid" that demonstrates the importance of addressing
sustainable infrastructure through a comprehensive approach that
shows benefits to people, pipes and policy.
In the past year, the company has announced a patented new
sensor + software solution for monitoring conditions in underground
water pipes and partnered with the Buried Asset Management
Institute – International (BAMI-I) to test new solutions for aging
water infrastructure.
Now Global Water Technologies is expanding the focus on water loss
in underground pipes to include its impact on people in local
communities and public policy that can make better use of valuable
water resources.
"People, pipes and policy are the three key factors in creating
sustainable water infrastructure and we are working to demonstrate
how a comprehensive approach can make a real difference in the
water sector," said Erik Hromadka,
CEO of Global Water Technologies.
Hromadka said collaboration among water utilities, community
leaders, research universities and innovative companies will be key
to successfully demonstrating local solutions to national water
infrastructure problems in the United
States.
Global Water Technologies is seeking municipal and financial
partners to demonstrate how such an approach can address the major
crisis of aging water pipes that lose 20 percent of drinking water
and cause hundreds of water main breaks in the United States every day.
New technology can be a helpful tool for maintaining water
pipes, but its real impact is on the people affected by water loss
and we need public policy that provides clean, safe water, Hromadka
said.
Parties interested in participating in a pilot smart water grid
project should contact the company. More information about Global
Water Technologies is available at: www.gwtr.com
FORWARD-LOOKING STATEMENT:
Statements 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.
SOURCE Global Water Technologies