TSXV: HEO
Alternext: MNEMO: ALHEO
OTCQX:
HEOFF
All amounts in Canadian dollars unless otherwise
stated.
QUEBEC CITY, Jan. 6, 2016 /CNW Telbec/ - (TSXV: HEO) –
H2O Innovation Inc. ("H2O Innovation" or the
"Company") is proud to announce that it was recently awarded two
(2) new contracts in Canada and
one new contract in the United
States, one of which will integrate the
Clearlogx® technology. These new contracts bring the
Company's sales backlog to a record high of $50.8 M, excluding the sales backlog from its
specialty products and services business line (PWT, Piedmont and H2O Innovation
Maple).
The first project has been awarded to the Company by Englishman
River Water Service and consists of
the design, manufacture and commissioning of a two stage
ultrafiltration (UF) system with a total of five (5) trains to
treat water from the Englishman River. Once completed, the system
will produce 4.2 MGD (16,000 m3/day) of potable water
for the City of Parksville, in
British Columbia. Furthermore, the
system is expandable to 12.7 MGD (48,000 m3/day) to meet
current and future demands of the City. This system is designed
with the FiberFlexTM skid, an open platform technology
developed by H2O Innovation that allows
interchangeability between several types of UF modules. The
recently-acquired Clearlogx® technology will also be
part of the system in order to monitor and automatically optimize
coagulant dose, maximizing the life of the membrane and reducing
overall plant operating expenses.
"H2O Innovation has managed, once again, to stand out
as a provider of innovative technologies and has proven its ability
to adapt to meet customer needs. The FiberFlexTM and
Clearlogx® technologies are differentiating factors that
help us win new projects. We are especially pleased by the rapid
integration of the Clearlogx® technology to our offer
and the positive response generated by our customers only a few
weeks after its introduction. The interest Clearlogx® is
generating could have positive effects on our project business line
as well as on our PWT specialty products line, which will ensure
long-term supply of coagulants", stated Frédéric Dugré,
President and Chief Executive Officer of H2O
Innovation.
The second award is for the pre-selection for supply of a new
six (6) trains UF system to treat tertiary effluent from the
Valencia Water Reclamation Plant of the Sanitation Districts of Los
Angeles County. This system will also be designed with the
FiberFlexTM skid and will produce up to 10.3 MGD (38,989
m3/day) of water to be reused in agricultural
applications.
Finally, the third contract awarded is for the design,
manufacture and commissioning of a wastewater treatment system for
the national historic site of Lower Fort Garry in Manitoba. This system will use the biological
Bio-WheelTM process to treat municipal wastewater and
provide nutrient removal, at a low operating cost. The system
designed for Lower Fort Garry is very sturdy, reliable, simple to
operate and will have low energy consumption requirements. The
system will treat 7,925 to 15,850 gal/day (30 to 60
m3/day) of wastewater.
Prospective disclosures
Certain statements set forth
in this press release regarding the operations and the activities
of H2O Innovation may constitute forward-looking
statements within the meaning of securities legislation.
Forward-looking statements concern analysis and other information
based on forecast future results, performance and achievements and
the estimate of amounts that cannot yet be determined. Those
forward-looking statements, based on the current expectations of
management, involve a number of risks and uncertainties, known and
unknown, which may result in actual and future results, performance
and achievements of the Company to be materially different than the
said forward-looking statements. Information about the risk factors
to which the Company is exposed is provided in the Annual
Information Form dated September 22,
2015 available on SEDAR (www.sedar.com).
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, energy and natural
resources end-users. Also, directly and through its affiliates,
H2O Innovation provides products and services
complementary to its membrane filtration and reverse osmosis
systems. These products consist of a complete line of specialty
chemicals, consumables and couplings. 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.