Global Water Technologies issues shareholder letter and 2013 plans

Sponsored by

INDIANAPOLIS, IN, Dec. 31, 2012 -- Global Water Technologies (OTC Pink: GWTR) has released its annual shareholder letter with a review of the company's progress and future opportunities.

Global Water Technologies is working to create a pilot "smart water grid" that utilizes information technology to better manage the distribution of drinking water in the United States. CEO Erik Hromadka said a comprehensive "people + pipes + policy" approach can be a model for sustainable water infrastructure.

The company is seeking municipal and financial partners to demonstrate how its new technology can provide early leak detection and reduce water main breaks.

Hromadka also provided an update related to a patent the company was issued in 2011 for the on-site production of sulfuric acid and noted that securing additional funding is a top priority in 2013.

The company's GWTR stock continues to maintain its "Current Information" status, which is the highest tier for pink sheet companies on the OTC Markets. At the end of 2012, the company had 11,698,605 shares of its common stock issued and outstanding.

"Thank you to all our shareholders, customers, partners, vendors and staff for continuing to support the company as we build Global Water Technologies and look forward to a successful new year," Hromadka said.

The complete shareholder letter and more information about Global Water Technologies is available on the company web site at: www.gwtr.com.

###

Sponsored by

 


TODAY'S HEADLINES

VA water utilities deptartment recognized for excellent performance

The VA Department of Health Office of Drinking Water award the city of Manassas Public Works and Utilities department the 2012 Excellence in Water Treatment Plant Performance award.

City of Seattle developing plans to protect local waterways, reduce stormwater runoff

Seattle Public Utilities is working on projects to reduce stormwater overflows and is preparing a 10-year plan to protect Seattle's waterways.

Great Lakes awarded $570K grant for protection, restoration efforts

The University of Michigan Water Center awarded 12 research grants, totaling nearly $570,000, for Great Lakes restoration and protection efforts.

Biosolids drying system to be installed at WI wastewater treatment plant

HUBER Technology has been selected to provide its BT Medium Temperature Belt Dryer for the Sheboygan Wastewater Treatment Plant in Wisconsin.

© 2013. PennWell Corporation. All Rights Reserved. PRIVACY POLICY | TERMS AND CONDITIONS