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H2O Innovation Inc (2)
Symbol HEO
Shares Issued 40,144,214
Close 2016-11-30 C$ 1.87
Market Cap C$ 75,069,680
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H2O Innovation wins $8-million in new contracts

2016-12-01 11:00 ET - News Release

Mr. Marc Blanchet reports

H2O INNOVATION AWARDED $8 M OF NEW CONTRACTS IN NORTH AMERICA

H2O Innovation Inc. has been awarded three new contracts: two waste water projects using the membrane bioreactor (MBR) technology and a drinking water project. These new contracts bring the corporation's project sales backlog to $55-million, which is included in the $108-million consolidated backlog (combining projects and operation and maintenance contracts).

The two first contracts won by the corporation consist of waste water treatment systems using the MBR technology. The first of them was awarded by the City of Decatur in Arkansas, and currently has a sequential batch reactor (SBR) operating at a flow rate of approximately 1.2 million gallons per day (4,542 cubic metres per day). H2O Innovation was selected among five suppliers to retrofit the existing process with a membrane bioreactor. The addition of the MBR will increase the system capacity to 3.8 million gallons per day (14,385 cubic metres per day), with future expansion to 4.6 million gallons per day (17,413 cubic metres per day), and will incorporate biological nutrient removal. The corporation's unique approach will allow the retrofit to occur without interruption to the treatment system. This will be the first MBR system in the state of Arkansas. "We are very excited to be a part of this innovative MBR retrofit in Arkansas. There are hundreds of SBR water treatment systems in North America that require expansion, and this project will certainly pave the way to secure similar opportunities in the future," stated Dr. Fraser Kent, PEng, manager of waste water process engineering of H2O Innovation.

The second MBR project will treat up to 100,000 gallons per day (421 cubic metres per day) of waste water from the municipality of Riviere-Beaudette in the province of Quebec. This will be the third MBR system installed by the corporation in Quebec.

The third and last project is for a water treatment system using reverse osmosis (RO), and provides up to two million gallons per day (7,571 cubic metres per day) of drinking water for Cinco Municipal Utility District No. 1 in Fort Bend county, Texas.

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