Published: September 26, 2008
Global Water Technologies Provides Update on its Onsite Sulfuric Acid Generation Process
DENVER, Sept. 26 /PRNewswire-FirstCall/ -- Global Water Technologies, Inc., ("GWT") a technology driven water purification and services provider to the $400 billion water industry, announced that it has received worldwide interest from its previously announced onsite sulfuric acid generation patent application and process.
Sulfuric acid is the world's single largest chemical market and demand is continuing to rise as developing countries increase their industrial production.
George Kast, CEO stated, "We continue to refine the process and identify a strategic location and application for a demonstration site. We believe the market potential for this technology to be in excess of $2 billion a year, based upon current market conditions."
ABOUT GLOBAL WATER TECHNOLOGIES:
Global Water Technologies, Inc. (Pink Sheets: GWTR) is a "CleanTech" water treatment and services company with "clearly" innovative technologies, focused on the energy, power, oil and gas, process, HVAC and municipal markets. The company utilizes its proprietary technologies and services programs to increase operating efficiencies and reduce water usage through comprehensive water management solutions. GWT has an established client base of over 500 customers in more than 25 countries worldwide. GWT's products treat over 10 billion gallons of water per day.
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.
KEYWORD: COLORADO, CLEANTECH, POWER, ENERGY, UTILITY, WATER,
WASTEWATER, ENVIRONMENT, COAL BED METHANE, AGRICULTURE,
ETHANOL, HVAC, FLORIDA, TEXAS, NON-CHEMICAL
INDUSTRY: GREENTECH
POWER
ENERGY
UTILITY
WATER
ENVIRONMENT
COAL BED METHANE
HVAC
WASTEWATER
ETHANOL
AGRICULTURE
SOURCE Global Water Technologies, Inc.
Copyright © 2012, PRNewswire
Copyright © 2012, NewsBlaze,
Daily News