Sharc International to Expand Sales of Thermal Energy Recycling Technology in Midwestern US and Pacific Northwest

VANCOUVER, British Columbia, Nov. 15, 2017 (GLOBE NEWSWIRE) — Sharc International Systems Inc.  (CSE:SHRC) (FSE:IWIA) (OTCQB:INTWD)  (“SHARC” or “the Company”) is pleased to announce that it has entered Sales Representative Agreements (“Sales Agreement”) with Midwest Machinery Co. and Johnson Barrow Inc.

Under the terms of the Agreement, Midwest Machinery has been authorized to sell and promote the sale of SHARC products throughout the Midwestern United States. Midwest has offices located in St. Louis, Denver, Kansas City, Oklahoma City and Tulsa.

As the American Midwest undergoes its biggest energy transformation in decades, Midwest Machinery is uniquely positioned to lead the region’s transition towards a sustainable, low-carbon future. As the first and oldest cooling tower sales representative in the United States, Midwest Machinery embodies the Midwest’s tradition of hard work and innovation. With its extensive history in the HVAC sector, Midwest Machinery has formed relationships with industry leaders, building owners, contractors, engineers, and longstanding customers. Midwest Machinery’s strong contact base in a rapidly growing renewable energy market makes them well-positioned to sell SHARC products.  

Richard Miller, General Manager of Midwest Machinery Denver stated: “Midwest Machinery is known for innovation and SHARC perfectly aligns with our portfolio of solutions. Helping our clients in reducing global carbon emissions and energy costs is very important to us.” 

Johnson Barrow, with offices in British Columbia, Washington, and Oregon, has been authorized to sell and promote the sale of SHARC products in the Pacific Northwest, with a focus on British Columbia.

Johnson Barrow is one of the most established and respected HVAC representative organizations in the Pacific Northwest, the lowest carbon-emitting region in North America. With 50 years of innovation, Johnson Barrow represents over 40 of the leading HVAC manufacturers and concentrates on providing the most innovative and eco-friendly technologies. Establishing an Agreement with Johnson Barrow positions SHARC to significantly expand its presence throughout the Pacific Northwest.  

Edward Fox, Principal of Johnson Barrow stated: “Johnson Barrow has dedicated 50 years to providing the Pacific Northwest with the most innovative HVAC technologies. The Pacific Northwest has a high demand for eco-friendly technologies and SHARC is at the forefront of this innovation. We are delighted to be working with SHARC as we continue to work towards a sustainable future.”

Lynn Mueller, CEO of SHARC stated: “Midwest Machinery and Johnson Barrow have a long history of success in the HVAC market which has made them two of the most respected representative organizations. As SHARC expands its sales strategy throughout North America, Midwest Machinery and Johnson Barrow provide an extensive network that will lead to exciting revenue producing opportunities in 2018.”

About Midwest Machinery Co.

http://midwestmachinery.net/

Midwest Machinery remains the first and oldest cooling tower sales representative in the United States. Since that time, Midwest has expanded its focus to the entire mechanical system, bringing energy efficient solutions to the building owner, contractor and engineer. Midwest has grown quickly in the last two decades to span several states and offices. This is due to their Mission and Core Values leading the way. At the end of the day, Midwest realizes what really matters is for customers to get the products, service, and price they need to succeed.

About Johnson Barrow Inc.

http://www.jbarrow.com/

With 50 years of innovation, Johnson Barrow has evolved into one of the most established and respected HVAC representative organizations in the Pacific Northwest. We currently represent over 40 of the finest manufacturers in our industry and are committed to the goal of providing quality service for our customers and manufacturer partners. We are proud to be on the cutting edge of system technology, extremely critical in today’s energy conscious market.

About Sharc International Systems

Sharc International Systems is a world leader in thermal heat recovery. Its systems recycle thermal energy from waste water, generating the most energy-efficient and economical systems for heating, cooling and hot water for commercial, residential and industrial buildings.

Further information about the Company is available on our website at www.sharcenergy.com  or under our profile on SEDAR at www.sedar.com.

ON BEHALF OF THE BOARD

“Lynn Mueller”

Chairman and Chief Executive Officer

For further information, please contact:

Sharc International Systems Inc.
Zach Hillhouse
Phone: +1 (604) 475-7710                                                                                                                       
Email: zach.hillhouse@iws-sharc.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. SHARC’s actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Company. SHARC believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company’s expectations as of the date hereof, and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.