Global Water Technologies Pledges Water System for World Trade Center Rebuild.

Business Editors

GOLDEN, Colo.--(BUSINESS WIRE)--Sept. 19, 2001

Global Water Technologies, Inc. (GWT)(OTCBB:GWTR), a full-service cooling water treatment company utilizing advanced technologies and engineered solutions to provide process cooling water to power plants, process industries and municipalities worldwide, today announced that it has pledged to New York's Mayor Rudolph Giuliani, the New York Port Authority, and Silverstein Properties, to supply the required water cooling tower for the proposed replacement of the World Trade Center (WTC) Twin Towers.

Commenting on this, George Kast, President and CEO stated: "All employees and suppliers of GWT are very saddened and disheartened by the recent tragic acts of terrorism on the WTC & Pentagon. If the decision is made to replace the WTC, we are prepared to do our part in rebuilding these towers, historically a symbol of financial strength and stability for the United States and the world. Cooling water is essential to the operation of the WTC and all large commercial structures, as it is integral to the HVAC system which is used to cool large-scale computers housed within the building, as well as provide comfort cooling for all tenants."

About Global Water Technologies

Global Water Technologies, Inc. (OTCBB:GWTR) is a company with major interests in the areas of power, energy and water. The company utilizes its proprietary technologies to enhance power production by providing cold, clean water to increase operating efficiencies, reduce water use and operating costs. Through this process, GWTR is able to increase their clients' power output by up to 10% depending upon age, design and efficiency of the plant. GWTR's client base includes, but is not limited to, the following companies: Archer Daniels Midland, British Petroleum Amoco, Calpine (NYSE: CPN), Duke Fluor Daniel, Enron subsidiary companies (NYSE:ENE), General Electric (NYSE:GE), Kerr McGee, Mitsubishi, Mobil, Raytheon Company, Texaco (NYSE:TX), and YORK International.

Forward-Looking Statement

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The Company may experience significant fluctuations in future operating results due to a number of economic, competitive and other factors, including, among other things, the size and timing of customer orders, changes in laws, new or increased competition, delays in new products, production problems, changes in market demand, market acceptance of new products, seasonal product purchases, and changes in foreign exchange rates. These factors, and other factors, which could materially affect the Company and its operations are included in the Company's filings with the Securities and Exchange Commission and are incorporated herein.