Alternext: MNEMO: ALHEO
QUEBEC CITY, Feb. 19, 2013 /CNW Telbec/ - (TSXV: HEO) - H2O Innovation Inc. ("H2O Innovation" or the "Company") announces that Professional Water
Technologies ("Professional Water Technologies" or "PWT"), its
Californian business unit specialized in reverse osmosis specialty
chemicals and membrane forensics services, has recently entered into
agreements with three new distributors, expanding its sales network to
Pakistan, Chile and Oklahoma, United States. Sales have already started
and first orders have been shipped. Professional Water Technologies can
now count on 20 distributors, ensuring a strong presence worldwide in
its field of expertise.
Professional Water Technologies is also proud to announce that it
received two major certifications in China. First, its SpectraGuard™ product has been approved for thermal desalination technologies, and
more specifically for low temperature multi-effect distillation (MED).
This approval has been issued by Zhonghe Seawater Desalination
Engineering Co., Ltd., a cooperation of three giants China state-owned
organizations and the Chinese scientific research institute.
Additionally, the Ministry of Health in China has delivered a
certificate for use of Titan ASD™ 200 SC, a concentrated, liquid reverse osmosis antiscalant, in plants
producing drinking water. "We are very confident that these new
certifications will increase our sales level of specialty chemicals,
not only in China but also abroad where thermal desalination is used.
This important milestone reinforces our strategy to target high-growth
niche markets through our innovative and competitive chemicals", stated
Frédéric Dugré, President & CEO of H2O Innovation.
In parallel, as part of its continuous proactive approach to support
innovation and improve product development for its PWT product line,
the Company has recently hired a new Product Development Chemist
holding a Ph.D. in chemical engineering, and notably specialized in
antiscalants and cleaners for membrane applications. "With 9 years of
academic and industrial experience in water and wastewater treatment
and in membrane separation, this new resource will bring major
knowledge and expertise to our existing team, setting up improved
grounds for innovation", concluded David Russell, Vice President, Specialty Chemicals & Services.
Certain statements set forth in this press release regarding the
operations and the activities of H2O Innovation as well as other communications by the Company to the
public that describe more generally management objectives, projections,
estimates, expectations or forecasts may constitute forward-looking
statements within the meaning of securities legislation.
Forward-looking statements concern analysis and other information based
on forecast future results and the estimate of amounts that cannot yet
be determined. Forward-looking statements include the use of words such
as "anticipate", "if", "believe", "continue", "could", "estimate",
"expect", "intend", "may", "plan", "potential", "predict", "project",
"should" or "will", and other similar expressions, as well as those
usually used in the future and the conditional, notably regarding
certain assumptions as to the success of a venture. Those
forward-looking statements involve a number of risks and uncertainties,
which may result in actual and future results of the Company to be
materially different than those indicated. Information about the risk
factors to which the Company is exposed is provided in the Annual
Information Form dated September 25, 2012 available on SEDAR (www.sedar.com). Unless required to do so pursuant to applicable securities
legislation, H2O Innovation assumes no obligation to update or revise forward-looking
statements contained in this press release or in other communications
as a result of new information, future events and other changes.
About Professional Water Technologies
Professional Water Technologies, an H2O Innovation brand, develops, manufactures and markets specialty
chemicals for municipal and industrial nanofiltration ("NF") and
reverse osmosis ("RO") membrane systems. Its environmentally friendly
phosphate-free super-concentrated antiscalants are eleven times more
concentrated than standard antiscalants, reducing shipping/handling by
90% and reduce drum disposal requirements. With a complete line of NF
and RO pretreatment and maintenance products, comprehensive analytical
and technical capabilities, and an innovative research and development
group, Professional Water Technologies offers solutions to maximize the
efficiency and economy of membrane systems operations.
About H2O Innovation
H2O Innovation designs and provides state-of-the-art, custom-built, and
integrated water treatment solutions based on membrane filtration
technology to municipal, energy & natural resources end-users. H2O Innovation also provides a complete line of specialty chemicals and
consumables for membrane filtration and reverse osmosis systems. For
more, 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.
For further information:
H2O Innovation Inc.