H2O Innovation Secures Four New Industrial Projects Totalling $3.1 M

QUEBEC CITY, June 28, 2018 (GLOBE NEWSWIRE) — H2O Innovation Inc. (TSX VENTURE:HEO) (“H2O Innovation” or the “Corporation”) is proud to announce it was awarded four (4) new industrial projects in North America. These new contracts, worth $3.1 M, will bring the Corporation’s project sales backlog to $55.1 M.

The first project was awarded by a major manufacturer in North Carolina, and consists of an industrial wastewater treatment system, combining membrane bioreactor (MBR) and reverse osmosis (RO) technologies. The system will include two (2) MBR trains that will treat 75,000 GPD (283.9 m3/day) of wastewater, followed by an RO system that will treat 50,000 GPD (189.3 m3/day) of the MBR effluent.

The second contract won by the Corporation is for an industrial customer, with whom H2O Innovation has worked with in the past, in the Midwest with a production expansion of their RO system to 576,000 GPD (2,180.4 m3/day).

The last two projects consist of systems using nanofiltration (NF) and RO technologies. One project will include two (2) NF trains and will produce up to 194,400 GPD (735.9 m3/day) of drinking water for a resort located in Central Alaska. The other project will produce 7,200 GPD (27.3 m3/day) of water used in the processing chain of a food company located in the province of Quebec. This is the 12th project that the Corporation has won in 3 years with this company.

“The industrial sector is filled with complex water and wastewater treatment problems. Rather than just supplying membrane process equipment, H2O Innovation becomes a partner, utilizing our industry experts to extensively analyze the problem and facilitate the best solutions, not only for today, but with future considerations as well. Our industrial customers truly appreciate our unique and collaborative approach which differentiate ourselves from the competition on this market”, stated David Faber, Vice President – Capital Project Sales of H2O Innovation.

About H2O Innovation
H2O Innovation designs and provides state-of-the-art, custom-built and integrated water treatment solutions based on membrane filtration technology for municipal, industrial, energy and natural resources end-users. The Corporation’s activities rely on three pillars which are i) water and wastewater projects; ii) specialty products and services, including a complete line of specialty chemicals, consumables, specialized products for the water treatment industry as well as control and monitoring systems; and iii) operation and maintenance services for water and wastewater treatment systems. For more information, visit www.h2oinnovation.com.

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

Source:
H2O Innovation Inc.  
www.h2oinnovation.com

Contact:
Marc Blanchet
+1 418-688-0170
marc.blanchet@h2oinnovation.com