Alternext: MNEMO: ALHEO
All amounts in Canadian dollars unless otherwise stated
QUÉBEC, June 6, 2013 /CNW Telbec/ - (TSXV: HEO) - H2O Innovation Inc. ("H2O Innovation" or the "Company") announces today that it was recently
awarded $4.7 million in new contracts. These new contracts bring H2O Innovation's order backlog for water treatment projects to $17.4
million as of June 5, 2013. The Company continue to expand its systems
sales network by adding a new sales manager in British-Columbia.
Among the projects announced today, one of them will see H2O Innovation design, assemble, deliver and commission a membrane
filtration system, combining the use of ultrafiltration (UF) and
ultraviolet (UV), for a community in British-Columbia. Once installed
later this fall, the system will produce 1.1 MGD (4,200 m3/d) of drinking water from a surface water source.
H2O Innovation is proud to announce, for the first time in its history,
the hiring within its North American systems sales force of a sales
manager based in British Columbia. Reporting to H2O Innovation's sales hub located in Calgary, Alberta, this sales manager
will support the Company in developing its sales network and promoting
its products & services in Western Canada.
"In British Columbia notably there are many small and medium-sized
municipalities that still need improvement of their drinking water and
wastewater plants. The territory also abounds with multiple natural
resources related projects. The signature of this new contract in
British Columbia and the addition of a new sales expert to our Western
Canadian team are two major milestones that will definitely increase
and improve our presence in this high-growth market", commented Frédéric Dugré, President and Chief Executive Officer of H2O Innovation.
An important institutional end-user in California has selected H2O Innovation for the design, fabrication, assembly and delivery of an
integrated membrane filtration system combining UF and reverse osmosis
(RO) units. The proposed system will consist of a 0.5 MGD (1,900 m3/d) UF unit and a 0.7 MGD (2,650 m3/d) RO unit, which will treat concentrate from an electrodialysis
reversal (EDR) system to minimize waste volume for this
zero-liquid-discharge (ZLD) facility. Working closely with the
contractor the option was developed and proposed as value-engineered
option to the client.
Another system will be delivered for Everglades City in Florida. This
nanofiltration system will treat brackish water to produce 0.55 MGD
(2,080 m3/d) of drinking water.
Additionally, the Company will supply a 2-train RO system for an
industrial water reclamation project in Iowa. This system has an
overall capacity of 0.35 MGD (1,325 m3/d). Lastly, the Company will also deliver a 2-train nanofiltration
system for the production of drinking water in Québec.
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 25, 2012 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 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.