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File: 18-03-08 SHARC ETS Piranha News release.docx
PRESS RELEASE
--->March 8, 2018
SHARC AND ENVIRONMENTAL TECHNOLOGY SOLUTIONS TO LAUNCH AUSTRALIA'S FIRST PIRANHA SYSTEM
VANCOUVER - (March 8, 2018) - SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC" or "t
--->he Company"), is pleased to announce that Environmental Technology Solutions Pty Ltd. ("ETS") has received its first p
--->urchase order for one PIRANHA(TM) wastewater heat recovery system.
On October 26, 2017, the Company announced a strategic Licensing Agreement ("Agreement") with ETS of Australia, for th
--->e commercialization of its PIRANHA(TM) and SHARC(TM) wastewater heat recovery systems in Australia and New Zealand. Th
--->e Licensing Agreement gives SHARC a platform to launch its products throughout Australasia and to strengthen its first
---> mover advantage in all parts of the world.
Pursuant to the Agreement, SHARC received this initial purchase order from ETS. The order is intended to supply one of
---> Australia's largest hotel operators, Meriton Suites, with one PIRANHA wastewater heat recovery system that will provi
--->de immediate and long-term economic and environmental savings.
Meriton Suites has 17 establishments and a total of 4,469 suites, making it Australia's largest owner of hotel rooms.
--->Known for their exceptional living spaces and amenities, Meriton Suites delivers a world-class experience to their gue
--->sts. Hotel staff and guests demand a significant amount of hot water and most of that energy is lost down the drain. W
--->ith the installation of their first PIRANHA(TM) wastewater heat exchange system, Meriton Suites is recognizing guest p
--->references for eco-friendliness, while substantially decreasing energy costs within their hotel's daily operations.
"Following October's announcement of our Licensing Agreement with ETS, receiving the first purchase order from ETS mar
--->ks an important milestone in our sales and deployment strategy to strengthen our first to market advantage in all part
--->s of the world," said Lynn Mueller, CEO of SHARC. "We are very pleased to be working with Australia's top environmenta
--->l solutions company, ETS, and look forward to many more sales in 2018."
"We are extremely excited, not only to be the holder of the license in Australia and New Zealand for this unique techn
--->ology but to be involved with the team at SHARC International Systems," said Philip Mitchell, Director ETS. "This orde
--->r represents a significant milestone for the SHARC technology in this market. Meriton Suites are the largest apartment
---> builders and owners in Australia so the sale of this system will be a catalyst for future sales. We have no doubt tha
--->t this will be the first of many, many systems that will be installed here."
About Environmental Technology Solutions
ETS is a solutions provider in the fields of energy efficiency and sustainability. We pride ourselves on our ability t
--->o harness real collaboration and leading-edge technologies in delivering outcomes for our clients. Our goal is to make
---> change in the way people produce and consume energy such that the legacy we leave is a planet that will sustainably s
--->upport the human race for future generations. ETS licenses, designs, manufactures, and supplies complete systems and u
--->nique technology solutions: Combined Heat and Power, Waste Heat Recovery, Waste-to-energy as well as hybrid systems an
--->d renewable technologies. ETS are also specialists in a complete range of emissions treatment devices and solutions. O
--->ur product is to allow our clients to concentrate on their core business while we make that business more efficient, s
--->ustainable, kinder to the environment and profitable as a result. At ETS we strive to embody the "Triple Bottom Line"
--->in everything we do.
Further information about ETS is available on their website at www.etsprojects.com.au
About Sharc International Systems
Sharc International Systems Inc. is a world leader in thermal heat recovery. SHARC systems recycle thermal energy from
---> wastewater, generating one of the most energy efficient and economical systems for heating, cooling & hot water prehe
--->ating for commercial, residential and industrial buildings. SHARC is publicly traded in Canada (CSE: SHRC), the United
---> States (OTC: INTWF) and Germany (Frankfurt: IWIA).
Further information about the Company is available on our website at www.sharcenergy.com or under our profile on SEDAR
---> at www.sedar.com.
ON BEHALF OF THE BOARD
"Lynn Mueller"
Lynn Mueller
Chairman and Chief Executive Officer
FOR MORE INFORMATION, PLEASE CONTACT:
Ray Crowley
Telephone: 604 788 1091
Email: ray.crowley@sharcenergy.com
The CSE does not accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
This release includes certain statements that may be deemed "forward-looking statements". All statements in this relea
--->se, other than statements of historical facts, that address events or developments that the Company expects to occur,
--->are forward-looking statements. Forward-looking statements are statements that are not historical facts and are genera
--->lly, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "p
--->rojects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should
--->" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reas
--->onable assumptions, such statements are not guarantees of future performance and actual results may differ materially
--->from those in the forward-looking statements. Factors that could cause the actual results to differ materially from th
--->ose in forward-looking statements include regulatory actions, market prices, exploitation and exploration successes, a
--->nd continued availability of capital and financing, and general economic, market or business conditions. Investors are
---> cautioned that any such statements are not guarantees of future performance and actual results or developments may di
--->ffer materially from those projected in the forward-looking statements. Forward-looking statements are based on the be
--->liefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by a
--->pplicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the even
--->t that management's beliefs, estimates or opinions, or other factors, should change.
###
File: 18-03-08 SHARC ETS Piranha News release.pdf
PRESS RELEASE March 8, 2018
SHARC AND ENVIRONMENTAL TECHNOLOGY
SOLUTIONS TO LAUNCH AUSTRALIA'S FIRST
PIRANHA SYSTEM
VANCOUVER -- (March 8, 2018) -- SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB:
INTWF) ("SHARC" or "the Company"), is pleased to announce that Environmental Technology Solutions
Pty Ltd. ("ETS") has received its first purchase order for one PIRANHATM wastewat er heat recovery system.
On October 26, 2017, the Company announced a strategic Licensing Agreement ("Agreement") with ETS
of Australia, for the commercialization of its PIRANHATM and SHARCTM wastewater heat recovery systems
in Australia and New Zealand. The Licensing Agreement gives SHARC a platform to launch its products
throughout Australasia and to strengthen its first mover advantage in all parts of the world.
Pursuant to the Agreement, SHARC received this initial purchase order from ETS. The order is intended to
supply one of Australia's largest hotel operators, Meriton Suites, with one PIRANHA wastewater heat
recovery system that will provide immediate and long-term economic and environmental savings.
Meriton Suites has 17 establishments and a total of 4,469 suites, making it Australia's largest owner of
hotel rooms. Known for their exceptional living spaces and amenities, Meriton Suites delivers a world-
class experience to their guests. Hotel staff and guests demand a significant amount of hot water and
most of that energy is lost down the drain. With the installation of their first PIRANHATM wastewater heat
exchange system, Meriton Suites is recognizing guest preferences for eco-friendliness, while substantially
decreasing energy costs within their hotel's daily operations.
"Following October's announcement of our Licensing Agreement with ETS, receiving the first purchase
order from ETS marks an important milestone in our sales and deployment strategy to strengthen our first
to market advantage in all parts of the world," s aid Lynn Mueller, CEO of SHARC. "We are very pleased to
be working with Australia's top environmental solutions company, ETS, and look forward to many more
sales in 2018."
"We are extremely excited, not only to be the holder of the license in Australia and New Zealand for this
unique technology but to be involved with the team at SHARC International Systems ," said Philip Mitchell,
Director ETS. "This order represents a significant milestone for the SHARC technology in this market.
Meriton Suites are the largest apartment builders and owners in Australia so the sale of this system will
be a catalyst for future sales. We have no doubt that this will be the first of many, many systems that will
be installed here."
About Environmental Technology Solutions
ETS is a solutions provider in the fields of energy efficiency and sustainability. We pride ourselves on our
ability to harness real collaboration and leading-edge technologies in delivering outcomes for our clients.
Our goal is to make change in the way people produce and consume energy such that the legacy we leave
is a planet that will sustainably support the human race for future generations. ETS licenses, designs,
manufactures, and supplies complete systems and unique technology solutions: Combined Heat and
Power, Waste Heat Recovery, Waste-to-energy as well as hybrid systems and renewable technologies.
ETS are also specialists in a complete range of emissions treatment devices and solutions. Our product is
to allow our clients to concentrate on their core business while we make that business more efficient,
sustainable, kinder to the environment and profitable as a result. At ETS we strive to embody the "Triple
Bottom Line" in everything we do.
Further information about ETS is available on their website at www.etsprojects.com.au
About Sharc International Systems
Sharc International Systems Inc. is a world leader in thermal heat recovery. SHARC systems recycle
thermal energy from wastewater, generating one of the most energy efficient and economical systems
for heating, cooling & hot water preheating for commercial, residential and industrial buildings. SHARC is
publicly traded in Canada (CSE: SHRC), the United States (OTC: INTWF) and Germany (Frankfurt: IWIA).
Further information about the Company is available on our website at www.sharcenergy.com or under
our profile on SEDAR at www.sedar.com.
ON BEHALF OF THE BOARD
"Lynn Mueller"
Lynn Mueller
Chairman and Chief Executive Officer
FOR MORE INFORMATION, PLEASE CONTACT:
Ray Crowley
Telephone: 604 788 1091
Email: ray.crowley@sharcenergy.com
The CSE does not accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
This release includes certain statements that may be deemed "forward-looking statements". All
statements in this release, other than statements of historical facts, that address events or developments
that the Company expects to occur, are forward-looking statements. Forward-looking statements are
statements that are not historical facts and are generally, but not always, identified by the words
"expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar
expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the
Company believes the expectations expressed in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and actual results may differ
materially from those in the forward-looking statements. Factors that could cause the actual results to
differ materially from those in forward-looking statements include regulatory actions, market prices,
exploitation and exploration successes, and continued availability of capital and financing, and general
economic, market or business conditions. Investors are cautioned that any such statements are not
guarantees of future performance and actual results or developments may differ materially from those
projected in the forward-looking statements. Forward-looking statements are based on the beliefs,
estimates and opinions of the Company's management on the date the statements are made. Except as
required by applicable securities laws, the Company undertakes no obligation to update these forward-
looking statements in the event that management's beliefs, estimates or opinions, or other factors, should
change.
###
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