DENVER - Global Water Technologies Inc., a water treatment and services company serving several markets including HVAC, has announced the opening of a new office in Indianapolis and the appointment of a new chief executive officer and chief financial officer.

Erik Hromadka, who currently serves on the company’s board and is a longtime shareholder, replaces George Kast as CEO and president of Global Water Technologies and its operating subsidiary, Electric H2O Inc. Dave Treacy, who also serves on the company’s board, replaces Matthew Veal as its CFO and treasurer. Veal continues to serve as a board member. Tim Coughlin, a member of the board and shareholder, assumes the role of chairman, previously held by George Kast, who resigns from the board.

“I am excited for the company and its shareholders, as this is a positive move that brings new talent and resources to help facilitate the company’s continued growth and prosperity,” said Kast. “Now is an excellent time to be investing in water and I will continue to be a resource for the company.”

“There is a growing need to improve energy efficiency and benefit the environment through the use of non-chemical water technologies,” said Erik Hromadka. “Global Water Technologies has been an early innovator in this area and we look forward to continuing that effort and exploring new opportunities as a member of the entrepreneurial communities in both Denver and Indianapolis.”

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Publication date:02/23/2009