Global Water Technologies Names New Partnerships

Oct 13, 2010, 09:31 ET from Global Water Technologies, Inc.

INDIANAPOLIS, Oct. 13 /PRNewswire-FirstCall/ -- Global Water Technologies, Inc. (Pink Sheets: GWTR) has added Benjamin Brant, CEO of Agregy Renewables, to its advisory board and become an affiliate of Indiana University's Research & Technology Corporation.

Agregy Renewables, is a company formed to commercialize and develop bio-intensive farm and energy systems around the world. Brant has 36 years of award-winning experience in water, waste, energy and sustainable development with both public and private companies. In 2004, he helped Global Water emerge from its reorganization.

"We appreciate Benjamin Brant's previous work on behalf of the company and welcome his expertise as we continue to move forward," said Erik Hromadka, chairman and CEO of Global Water Technologies.

Hromadka also stressed the importance of the company's new affiliation with Indiana University's Research & Technology Corporation through its Emerging Technology Center in downtown Indianapolis.

"When Global Water moved to Indiana, we knew that the state provided an excellent business environment and its university system has been a key asset for growing companies," Hromadka said. "We look forward to exploring numerous new opportunities for innovation with Indiana University, one of the nation's leading research universities."

Additional information, including a third-quarter update, is available on the company's web site at: www.gwtr.com.

ABOUT GLOBAL WATER TECHNOLOGIES:

Global Water Technologies, Inc. (GWTR.PK) is a "clean technology" water treatment and services company providing innovative non-chemical and filtration technologies. Global Water seeks to develop and commercialize proprietary technologies to improve water efficiency.

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.



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