Global Water Technologies notes growing attention for drinking water spplies on World Water Day
2013年3月23日 - 1:02AM
OTC Markets
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Global Water Technologies notes growing attention for
drinking water supplies on World Water Day
Efforts
seek to improve conditions in both developing countries and the
United
States
INDIANAPOLIS,
March 22, 2013 -- Global Water Technologies (OTC Pink: GWTR) notes
the growing attention that is focused on providing adequate
drinking water and infrastructure, both in developing countries and
here in the United States.
World Water Day is held annually on March 22 after being
recommended by The United Nations Conference on Environment and
Development and starting in 1993. This year's theme is Water
Cooperation, emphasizing that water issues cross many boundaries
and use of water impacts a wide range of groups, from individual
families to agriculture and industry.
A lack of safe drinking water is an issue for nearly 1 billion
people and with world population estimated to grow from 7 billion
to 8 billion in the next 15 years, the value of fresh, clean water
is growing quickly. Cooperation among governments, business leaders
and the water industry is seen as key to addressing the
problem.
“While dire situations in many parts of the world are a real
concern, we also have drinking water issues here in the United
States,” notes Erik Hromadka, CEO of Global Water Technologies. “We
have the highest consumption of water per capita and have neglected
our distribution system for so long that leaking underground pipes
now lose 20 percent of the drinking water that we've cleaned before
it gets to any customer.”
Fortunately, that issue is also starting to get attention. A U.S.
Senate committee this week passed legislation that would create a
Water Infrastructure Finance and Innovation Authority (WIFIA) as
part of the Water Resources Development Act of 2013. The
legislation is getting bipartisan support and expected to reach the
Senate floor by May. If enacted, WIFIA would make low-interest
federal loans available to address large water infrastructure
projects in communities across the United States.
“We also need cooperation among leaders at the local, state and
federal levels to ensure that we protect our drinking water system
and take steps to reduce water loss and make it more efficient,”
Hromadka said.
Global Water Technologies is working to create a pilot “smart water
grid” that utilizes information technology to better manage the
distribution of drinking water through a comprehensive “people
+ pipes + policy”approach that can be a model for sustainable water
infrastructure.
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.
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