Global Water Resources Appoints Senior Water Industry Expert, Jake Lenderking, as Director of Water Resources

PHOENIX, March 07, 2018 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ:GWRS) (TSX:GWR), a pure-play water resource management company, has appointed Jake Lenderking as director of Water Resources.

"Jake's senior leadership experience on water resource management throughout Arizona makes him a great addition to Global Water," said company president and CEO, Ron Fleming. "We expect his knowledge and expertise to help us remain at the forefront of the water management industry, and advance our mission of achieving efficient growth and consolidation."

Lenderking brings to Global Water more than 10 years of leadership experience in water resource management, water policy formation, conservation program development and compliance, management of capital investment projects and other multi-state operational knowledge. He also has experience with representing water utilities before the Arizona Corporation Commission, and city and town councils on the formation of water policy, rates and regulation.

Lenderking earlier served as water resource manager for an investor-owned water utility serving over 200,000 customer connections. He oversaw the utility's water resources for 13 service areas in Arizona and New Mexico, ensuring optimum utilization and compliance with all applicable rules and regulations. He also oversaw certain operations in Texas.

Additionally, Lenderking served as chairman for West Valley Water Association (formerly WESTCAPS), a collaboration of West Valley municipal and private water providers, where he led a number of member agencies to plan and implement the use of renewable water supplies. He also served on the Arizona Department of Water Resources' (ADWR) Modified Non-Per Capita Conservation Program Steering Committee, as well as served on ADWR's Statewide Water Advisory Group to assist in statewide water policy formation.

Earlier, Lenderking served as water resource specialist for the City of Phoenix Water Services Department, where he was responsible for water resources and water conservation, and oversaw the implementation of the city's Residential Retrofit Program.

He began his career at the Arizona Department of Water Resources' Phoenix Active Management Area, where he climbed the ranks to water resource specialist III and was later promoted to Water Resource Specialist IV Recharge Team Leader.

Lenderking holds a Global MBA from Thunderbird School of Global Management in Glendale, Arizona, and holds a Bachelor of Science in Environmental Resources from Arizona State University.

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]