This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Global Water Technologies Joins Indianapolis Effort To Promote "living Laboratory" For Sustainability

INDIANAPOLIS, Jan. 10, 2013 /PRNewswire-FirstCall/ -- Global Water Technologies (OTC Pink: GWTR) joins Peerless Pump, a Grundfos company, and the Construction Engineering Management Technology program at Indiana University Purdue University at Indianapolis (IUPUI) in promoting a "living laboratory" for sustainable water solutions.

The three organizations today issued the following open letter:

Dear colleagues and community leaders,

We have an excellent opportunity in 2013 to create new solutions using innovative water technology to make our communities more sustainable, create new jobs and provide leadership on an important issue for Indiana and the United States.

Across the country, aging water systems of underground pipes routinely lose more than 20 percent of our drinking water through undetected leaks and broken water mains. This is a big problem and the American Water Works Association estimates that more than $1 trillion is needed nationally over the next 25 years for underground infrastructure.

At the same time, growing water shortages and increased drought conditions (which we all experienced last summer) are raising awareness of how much we depend on fresh, clean water. We can no longer ignore this problem — instead we must use new technology to reduce water loss and better manage this valuable resource and our critical water infrastructure.

Water clusters are developing in cities like Philadelphia, Cincinnati, Milwaukee, Denver and San Francisco. Now we have a unique opportunity to demonstrate how Indianapolis can use its emerging technology community, strong research universities, advanced manufacturing base, skilled and energetic people and local entrepreneurship to create solutions that improve our system and can be a model for others.

The concept of a "living laboratory" for water technologies has been developed in partnership with several local companies and Indiana University Purdue University at Indianapolis (IUPUI). This would allow new solutions for "people + pipes + policy" to be tested in real-world conditions so that a "smart water grid" can be created with better measurement, more efficient delivery and greater customer education on water use and conservation.

We believe this new water effort will have a number of benefits for Indianapolis and the Central Indiana region, including the following:

  • improve the local water & sewer infrastructure and operations,
  • provide opportunities for new businesses and entrepreneurs to develop innovative ideas and create new jobs,
  • encourage the development of education and training aimed at building and supporting a skilled workforce for new businesses,
  • encourage sales and exports from existing area businesses, and
  • improve water and sewer services and reduce total community costs.

In addition, providing the means to improve our supply of water and sewer services will encourage sustainable practices that reduce water loss and save energy. Sustainability and compression thinking is important in helping us maintain and improve our standard of living in a time of limited financial and natural resources.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs