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H2O Innovation Inc (2)
Symbol HEO
Shares Issued 40,144,214
Close 2017-09-28 C$ 1.35
Market Cap C$ 54,194,689
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H2O Innovation signs $9.1M contract with San Diego

2017-09-28 09:28 ET - News Release

Mr. Marc Blanchet reports

H2O INNOVATION AWARDED ITS LARGEST ULTRAFILTRATION CONTRACT WORTH $9.1 M WITH THE CITY OF SAN DIEGO, CALIFORNIA

H2O Innovation Inc. has been awarded its largest ultrafiltration contract to date with the City of San Diego, Calif. This new contract, for a water treatment plant of 40 million gallons per day (151,416 cubic metres per day) capacity, brings the company's project sales backlog to $56.8-million.

The San Diego north city pure water facility is a project that was developed to address the need for a new, locally controlled, drought-proof water supply to diversify the city's drinking water portfolio. A one MGD (3,785 cubic metres per day) advanced water purification demonstration facility was developed in 2009 and has operated for years to evaluate the feasibility of a full-scale reservoir augmentation. The projects' operational testing and monitoring verified that the water purification process meets all state and federal drinking water standards.

As a result of this demonstration project, successful pilot testing and bidding process, the City of San Diego awarded the contract to the company for the design, manufacturing, start-up and commissioning of a 12-train hollow fibre ultrafiltration system that will treat 40 MGD (151,416 cubic metres/day) of nitrified, tertiary filtered, ozone-enhanced biologically active filtration wastewater.

"H2O Innovation is ecstatic to be working with the City of San Diego and its consultants on the north city pure water facility. We have been involved with many great and well-known indirect potable reuse projects, like Orange County Water District's GWRS [groundwater replenishment system], Los Angeles Sanitation's Terminal Island water reclamation plant, Water Replenishment District's Leo J. Vander AWTF expansion [advanced water treatment facility], and now to have another premier project, and our largest UF reference to date, just down the road from our Vista office is very exciting," stated David Faber, vice-president, capital projects sales, of H2O Innovation.

About H2O Innovation Inc.

H2O Innovation designs and provides state-of-the-art, custom-built and integrated water treatment solutions based on membrane filtration technology for municipal, industrial, energy and natural resources end-users. The company's activities rely on three pillars which are i) water and wastewater projects; ii) specialty products and services, including a complete line of specialty chemicals, consumables, specialized products for the water treatment industry as well as control and monitoring systems; and iii) operation and maintenance services for water and wastewater treatment systems. For more information, visit the company's website.

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