H2O Innovation to Release Fiscal 2011 Q1 Financial Results on November 9, 2010 and Hold Annual General Meeting of Shareholders on November 10, 2010

QUEBEC CITY, Nov. 2, 2010 /CNW Telbec/ - H2O Innovation Inc. (TSX VENTURE:HEO) (ALTERNEXT:MNEMO:ALHEO) ("H2O Innovation" or the "Company") announces that it will release its financial results for the first quarter of fiscal 2011 on Tuesday, November 9, 2010 at approximately 6 p.m. (Eastern time). H2O Innovation also announces that its Annual General Meeting of Shareholders will be held on Wednesday, November 10, 2010, at 10 a.m. (Eastern time) at the Café-spectacles of the Palais Montcalm, 995 Place-d'Youville, Quebec City (Quebec), Canada.

Philippe Gervais, Chairman of the Board, and Frederic Dugré, President and Chief Executive Officer, are pleased to invite shareholders and other interested parties to attend the meeting, during which they will review the results of fiscal 2010, comment the results of the first quarter of fiscal 2011 and provide an update on the Company's long term growth strategy.


For those unable to attend in person, a live webcast of the meeting and management presentation (audio and slides) will be available through the Company's website at www.h2oinnovation.com. The webcast will remain available for replay on the Company's website in the Investors section.

Conference call

At the end of the Annual General Meeting of Shareholders, H2O Innovation will hold a conference call at 11:15 a.m. (Eastern time) to review the results for the first quarter of fiscal 2011 released on the previous day. The call will be held as a question-and-answer period led by the Management. Immediately following the Annual Meeting, it will not feature a presentation by Management.

Shareholders, analysts and institutional investors are invited to participate. The numbers to dial for access are 514-392-9193 (Montreal area) or the North American toll-free number 1-866-542-4146. International participants are invited to dial +1 514-392-9193.

Media representatives and other interested parties may participate in listen only mode or may listen to the live webcast of the conference call (audio and slides) accessible through H2O Innovation's website at www.h2oinnovation.com. The webcast will also remain available for replay on the Company's website for 90 days in the Investors section.

About H2O Innovation 

Building on 10 years of experience, H2O Innovation designs, manufactures, and integrates state-of-the-art custom-built water treatment systems for the production of drinking water, the reclamation of water, the treatment of wastewater and industrial process water in the municipal, commercial, industrial, oil & gas, mining, and energy markets. Additionally, the Company offers complete operating and maintenance solutions for membrane filtration and reverse osmosis systems. H2O Innovation has approximately 100 employees and eight offices including three manufacturing plants in Canada and the United States and is a founding partner of H2O Innovation India, a joint venture based in Mumbai, India. Shares of H2O Innovation are listed on the TSX Venture Exchange (HEO) as well as on the NYSE Euronext Alternext Exchange (MNEMO: ALHEO). 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.


For further information:

H2O Innovation Inc.
Guillaume Ducharme

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