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April 29, 2011

Global Water Technologies orders NOBO list

INDIANAPOLIS, April 29, 2011 -- Global Water Technologies. Inc. (GWTR.PK) has ordered a list of its non-objecting beneficial owners (NOBO) effective at the end of business on April 29, 2011. The list provides shareholder information for accounts held through a broker or bank custodian in "street name" which are in addition to those shares belonging to "registered" holders that have shares in certificate form or on the books of the transfer agent.

The move is part of the company's ongoing efforts to maintain effective management of its operations and regular communications with its shareholders.

Unusual trading activity

The company also notes that while its policy is not to comment on the price and/or trading volume of its shares, it does monitor such activity.

Trading volume of 45,085,301 shares on April 28, 2011 was among the top 25 most active stocks in terms of share volume on the OTC Markets. The company did not announce any news and is not aware of any material changes since its last update. Information about the company is posted to its web site at gwtr.com and maintained at otcmarkets.com. The company has not engaged any promoters for its stock nor has it authorized any third parties to speak on its behalf.

While the company believes that the increase in trading volume of its stock over the past two years is generally a favorable metric that provides increased liquidity for both existing and new shareholders, it notes that the current share structure and company size may result in such volumes being accompanied by volatile swings in share price.

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.

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