Global Water Resources Joins WaterStart to Accelerate Adoption of Innovative Water Technologies

PHOENIX and LAS VEGAS, Jan. 16, 2018 -- Global Water Resources, Inc. (NASDAQ:GWRS), (TSX:GWR), a pure-play water resource management company, has joined WaterStart, a cluster of global leaders in the implementation of water technologies.

Based in the Las Vegas campus of the Desert Research Institute in Nevada, WaterStart brings together strategic resources and expertise, and connects water management agencies, technology companies, and policy makers in order to spur positive growth in the water sector.

As a WaterStart member, Global Water gains access to more than 250 water technology-focused companies and the results of pilot projects implemented by other WaterStart members, including other utilities, and joins a large network of proven first adopters across many sectors. One of WaterStart’s key partners is the Southern Nevada Water Authority, one of the largest water providers in the U.S. Others include the University of Nevada, Las Vegas (UNLV) and MGM Resorts International. 

“We are honored to become the first water resource management company outside Nevada to join WaterStart, a growing leader in water research, innovation and commercialization,” said Ron Fleming, president and CEO of Global Water Resources. “Global Water has always been committed to leveraging advanced technologies to the benefit of our customers, the environment, and our business. WaterStart represents a new channel for Global Water that will help us remain at the forefront of the water management industry, and advance our goals to achieve efficient growth and consolidation.”

Nathan Allen, executive director of WaterStart, commented: “We welcome Global Water to our expanding group of partners working in concert to address challenges in water management today and in the future. As a channel for innovation of water utilities both large and small, and due to technology utilization across all facets of their business, Global Water is an ideal member to bring about new technologies and catalyze adoption.”

“Global Water’s membership extends our presence into Arizona, where they share many of the same drivers for innovative water management,” continued Allen. “Metropolitan Phoenix is steadily growing due to positive population trends and we see innovations in water technology helping to meet the growing demand and ultimately conserve water.”

About WaterStart 
WaterStart is a cluster of global leaders in the implementation of water innovation. Based in the Las Vegas campus of the Desert Research Institute, WaterStart leverages the strategic resources and expertise of its network to evaluate and demonstrate the performance of water innovation. As a channel for innovation, WaterStart accelerates the rate of adoption of new solutions to real challenges facing water management agencies and large consumers.

For more information, visit www.waterstart.com.

About Global Water Resources
Global Water Resources, Inc. is a leading water resource management company that owns and operates nine utility companies which provide water, wastewater and recycled water services. The company’s service areas are located primarily in growth corridors around metropolitan Phoenix. Global Water recycles nearly 1 billion gallons of water annually. To learn more, visit www.gwresources.com.

Cautionary Note Regarding Forward-Looking Statements
This press release includes certain forward-looking statements which reflect the Company's expectations regarding future events. The forward-looking statements involve a number of assumptions, risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in the forward-looking statements. These forward-looking statements include, but are not limited to, statements concerning, future net income growth, our strategy, acquisition plans, our dividend policy, trends relating to population growth, active connections, regulated revenue, housing permit projections, and other statements that are not historical facts as well as statements identified by words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates", or the negative of these terms, or other words of similar meaning. These statements are based on our current beliefs or expectations and are inherently subject to a number of risks, uncertainties, and assumptions, most of which are difficult to predict and many of which are beyond our control. Actual results may differ materially from these expectations due to changes in political, economic, business, market, regulatory, and other factors. Accordingly, investors are cautioned not to place undue reliance on any forward-looking statements, which reflect management’s views as of the date hereof. Factors that may affect future results are disclosed under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our filings with the Securities and Exchange Commission (the "SEC"), which are available at the SEC's website at www.sec.gov. This includes, but is not limited to, our Annual Report on Form 10-K for the year ended December 31, 2016 which was filed with the SEC. We undertake no obligation to publicly update any forward-looking statement, except as required by law, whether as a result of new information, future developments or otherwise.

Company Contact:
Michael J. Liebman
CFO and SVP
Tel (480) 999-5104
[email protected]

Investor Relations Contact:
Ron Both, CMA
Tel (949) 432-7566
[email protected]