INDIANAPOLIS, Nov. 20, 2013 /PRNewswire/ --Global Water
Technologies (OTC Pink: GWTR) is developing smart water solutions
to reduce water loss in the nation's drinking water distribution
system and supports recommendations in a new report on such efforts
in the Great Lakes states.
"The Case for Fixing the Leaks" notes aging underground
infrastructure is wasting an estimated 66.5 billion gallons
annually in the Great Lakes region, according to the Center for
Neighborhood Technology (CNT), a Chicago-based nonprofit focused on sustainable
cities.
"The amount of money lost through aging infrastructure and
collateral damage to communities from increasing numbers of water
main breaks is an issue that deserves national attention and our
region is taking a leadership role in developing solutions," said
Erik Hromadka, CEO of Global Water
Technologies and one of the individuals cited in the report.
Water rates are among the fastest-rising utility bills and
customers are starting to demand greater efficiency and
transparency. Global Water Technologies is developing solutions
that include sensors and software to identify hidden leaks in
underground pipes and better reporting with incentives for water
customers.
The company's "People + Pipes + Policy" approach recognizes
change in the system must include customer education,
infrastructure upgrades and innovative regulation. Those elements
are included in the report, which calls for a collaborative
approach from the region's leaders to implement research, education
and water auditing as best practices for utilities.
"Our aging water supply infrastructure has been an 'out of
sight, out of mind' problem," said Harriet
Festing, CNT's Water Program Director. "The good news is
that there's a clear desire for change."
The report notes failing infrastructure and faulty metering has
contributed to an increase of 90 percent in the cost of water
between 1996 and 2010. Meanwhile, investments in water
infrastructure and new technologies have been effective ways to
save money and create new jobs.
A link to the report and 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.
