INDIANAPOLIS, March 31, 2014 /PRNewswire/ -- Global Water
Technologies (OTC Pink: GWTR) notes increasing water prices and
limited supplies are increasing demand for tools that improve the
efficiency of water distribution systems.
The company has assembled innovative technologies for improving
water efficiency, ranging from sensors and software that reduce
leaks and pipeline rehabilitation techniques to customer dashboards
that improve usage data. All fit into the company's "People + Pipes
+ Policy" approach and can be used by water utilities to better
manage drinking water distribution and improve customer
service.
One example is GreenSuite, a new Software-as-a-Service (SaaS)
platform that helps utility customers better understand their
billing patterns, learn about conservation and infrastructure
issues and save money through rewards and competition. Such
services are being adopted among electric utilities, with companies
such as Opower providing demand-side solutions, and rapidly
increasing water rates and periods of shortage are highlighting the
need for similar water solutions.
Global Water Technologies is in discussions with potential
investors and water utilities about opportunities to deploy
GreenSuite in beta testing to improve service for water
customers.
Separately, the company has also submitted a proposal for a
national research project on water efficiency at airports, in
partnership with two leading universities and two private sector
partners.
Global Water Technologies organized the research team in
response for a request for proposals on an 18-month project to
identify management strategies that improve water efficiency at
airports in the United States. If
selected for the project, the research would begin in the second
half of the year.
More information about Global Water Technologies is available
at: www.gwtr.com
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.
SOURCE Global Water Technologies, Inc.
