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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
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
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.