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Microcap & Penny Stocks : GWTR-Global Water Tech -- Ignore unavailable to you. Want to Upgrade?

To: purecntry5 who wrote (11)	3/27/1998 3:03:00 PM
From: Cosmo Kramer	Respond to of 198

Another press release: Friday March 27, 2:45 pm Eastern Time Company Press Release SOURCE: Global Water Technologies, Inc. Global Water Technologies Moves Corporate Headquarters and Announces Personnel Changes GOLDEN, Colo., March 27 /PRNewswire/ -- In response to its recent growth, Global Water Technologies, Inc. (OTC Bulletin Board: GWTR - news) has announced the relocation of its corporate offices and the expansion of its professional staff. The company has moved its offices to an architecturally distinctive building in the Denver West Office Park in Golden, CO. The log cabin-inspired building was formerly the Coleman Company's World Headquarters. According to George Kast, Chairman and CEO, ''The additional space will allow GWTR and its wholly owned subsidiaries, Psychrometric Systems, Inc. (PSI) and Advanced Oxidation Technologies, Inc., to continue their growth and expansion plans for 1998.'' The company has announced that Robert L. Tomz has joined the company as Chief Financial Officer and Kelli Kast has re-joined the company as Director of Administration and Associate General Counsel. ''Mr. Tomz and Ms. Kast bring significant experience in the mergers and acquisitions arena. Their knowledge and expertise will play an important role in our future plans'' said George Kast. In addition, PSI announced the promotions of Steve D. Adams to Vice President of Applications and William W. Howard to Vice President of Engineering. Global Water Technologies, through its subsidiary Psychrometric Systems, Inc., provides process cooling water primarily through the design, engineering and construction of cooling towers to industrial and manufacturing clients worldwide. Also, through its recently formed Advanced Oxidation Technologies, Inc. subsidiary, the company will provide customers with proprietary non- chemical, water treatment systems designed to meet the growing need for environmentally sound water purification and reclamation worldwide. SOURCE: Global Water Technologies, Inc.