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Global Water Technologies Subsidiary Addresses Energy & Water Conservation Mandate of Presidential Executive Order

ARCHIVED 2002–2016: Originally distributed via the eWire press wire service. Preserved as historical record.

Global Water Technologies Subsidiary Addresses Energy & Water Conservation Mandate of Presidential

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Global Water Technologies Subsidiary Addresses Energy & Water Conservation Mandate of Presidential

COLORADO, GOLDEN, Jun. 12 -/E-Wire/Business Wire/-- Global Water Technologies, Inc. (GWT), a full-service cooling water treatment company utilizing advanced technologies and engineered solutions to provide process cooling water to power plants, process industries, HVAC systems and municipalities worldwide, today announced that its subsidiary, Applied Water Technologies, Inc. (AWT), recently participated in ENERGY 2002, a Federal Government sponsored education forum that provides an opportunity for Federal Government and Military Energy Managers to learn about new technologies and services in the area of energy management and water conservation.

Under Presidential Executive Order #13123, all Federal agencies and the U.S Post Office are mandated to reduce energy consumption 35% by 2010.

AWT's AquaPhysics(TM) program is a non-chemical cooling water treatment service that incorporates proprietary technologies to assist government, military, and commercial enterprises achieve their energy efficiency mandates through improved chiller performance. Implementation of the AquaPhysics(TM) program can result in higher cycles of concentration thereby reducing water consumption and discharge. Environmental benefits are also realized through the elimination of chemicals in the cooling tower discharge.

Commenting on the ENERGY 2002 forum, George Kast, Chairman and CEO, stated: "Our AquaPhysics(TM) program was well received by the attendees. In addition to the energy and water conservation benefits, the AquaPhysics(TM) program allows government and military sites to replace chemical treatment of their cooling towers, thereby eliminating exposure, liability, and discharge concerns associated with traditional chemical treatment. We currently have several AquaPhysics(TM) proposals under consideration."

ABOUT GLOBAL WATER TECHNOLOGIES

Global Water Technologies, Inc. (OTCBB:GWTR) is a water technology and services company with major installations in the areas of power, process and HVAC. The company utilizes its proprietary technologies to enhance a facility's production by providing cold, high-quality water to increase operating efficiencies, reduce water use and operating costs. GWTR's client base includes, but is not limited to, the following companies: Archer Daniels Midland, British Petroleum Amoco, Calpine, Duke Fluor Daniel, General Electric (NYSE:GE), Mitsubishi, Mobil, Shaw Group (NYSE:SGR), Texaco (NYSE:TX), and YORK International (NYSE:YRK).

FORWARD-LOOKING STATEMENT

This news release discusses certain matters that may be considered "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the intent, belief or current expectations of Global Water Technologies, Inc. ("The Company") and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results. The Company may experience significant fluctuations in future operating results due to a number of economic, competitive and other factors, including, among other things, the size and timing of customer orders, changes in laws, new or increased competition, delays in new products, production problems, changes in market demand, market acceptance of new products, seasonal product purchases, banking, bonding and changes in foreign exchange rates. These factors, and other factors, which could materially affect the Company and its operations are included in the Company's filings with the Securities and Exchange Commission and are incorporated herein. All information set forth in this press release is as of today's date, and the Company undertakes no duty to update this information.

Global Water Technologies, Inc.

Global Water Technologies, Inc., Steve Rash, 303/215-5192, [REDACTED-EMAIL]

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