Global Water Technologies and Envirologics bring new pipeline rehabilitation technology to the United States for sustainable infrastructure program

Rhea-AI Summary

Global Water Technologies (OTC: GWTR) and Envirologics Engineering, Inc. have partnered to introduce innovative pipeline rehabilitation technology in the U.S. This technology addresses vital infrastructure needs, focusing on safeguarding drinking water while extending the lifespan of existing systems. The recent infrastructure investment announcement underscores its significance, especially as it effectively removes contaminants and protects pipe integrity. The patented system has already been deployed in several regions, offering an evidence-based solution to water distribution challenges.

Positive

• Collaboration with Envirologics brings innovative pipeline rehabilitation technology to the U.S.
• Technology enhances drinking water safety and extends infrastructure lifespan.
• Patented system has been successfully implemented in several countries, indicating proven effectiveness.
• Recent U.S. infrastructure investment highlights the urgency and relevance of the new technology.

Negative

• Challenges from the pandemic and border closures have impacted project execution.
• -

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.

 

FAQ

What is the new technology introduced by GWTR and Envirologics?

The new technology is a pipeline rehabilitation system that cleans and protects drinking water pipelines, extending their lifespan.

When was the collaboration between Global Water Technologies and Envirologics announced?

The collaboration was announced on April 1, 2021.

How does the new pipeline rehabilitation technology work?

The technology uses an airborne stream of aggregate to remove contaminants from pipes, followed by evaluations and protective lining applications.

What impact did the pandemic have on GWTR's projects?

The pandemic and subsequent border closures negatively affected the execution of projects.

Why is pipeline rehabilitation technology important now?

The recent focus on sustainable infrastructure investment in the U.S. highlights the urgent need to renew drinking water systems.