Thursday, April 01, 2021 8:19:28 AM
https://www.otcmarkets.com/stock/GWTR/news/story?e&id=1853687
Global Water Technologies and Envirologics bring new pipeline rehabilitation technology to the United States for sustainable infrastructure program
INDIANAPOLIS, April 01, 2021 (GLOBE NEWSWIRE) -- Global Water Technologies (OTC: GWTR) and Envirologics Engineering, Inc. are pleased to announce their collaboration to bring a new pipeline rehabilitation technology to the United States, where sustainable infrastructure investment was just announced as a national priority for renewing the economy.
“This new system is an exciting tool for protecting our nation’s drinking water while extending the life of existing infrastructure in a cost-effective manner,” said Erik Hromadka, CEO of Global Water Technologies.
“Our evidence-based asset management system is the first to clean, evaluate, line and protect drinking water pipelines in a sustainable manner,” said Randy Cooper, CEO of Envirologics.
The two companies have been working together since 2016, when they hosted an initial demonstration of the technology in the 16 Tech innovation district of Indianapolis. Since then, the patented technology has been deployed in several water systems in the U.S., Canada and the United Kingdom.
Although the pandemic and subsequent border closing impacted projects over the past year, this week’s infrastructure announcement by the White House has prompted a greater focus on the need for this system to help renew America’s drinking water distribution pipes.
Envirologics’ patented technology uses an airborne stream of aggregate to quickly remove tuberculation, corrosion and contaminants from the inside of water distribution pipes. That is followed by a live-streaming evaluation of pipe wall thickness, an application of drinking-water approved pipe lining and external corrosion protection. The technology can also be used to encapsulate any lead found in drinking water pipe joints.
More information is available at: gwtr.com and envirologics.ca.
FORWARD-LOOKING STATEMENT:
Statements relating to plans, strategies, economic performance, 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. Although we believe 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.
Contact: info@gwtr.com
Source: Global Water Technologies, Inc.
DISCLAIMER: Anything that I may post should be viewed as a personal opinion. Do not misconstrue these opinions as investment or trading advice. All posts are for entertainment purposes only!
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM