Mr. Lynn Mueller reports

SHARC ENERGY PIRANHA WET SYSTEM SECURES FIRST CALIFORNIA INSTALLATION

Sharc International Systems Inc. has received a purchase order from CHC Hydro for four Piranha T15 waste water energy transfer (WET) systems to be installed in a 26-storey mixed-use development in downtown Berkeley, Calif. This installation not only represents the largest single Piranha installation in the company's history, but it also marks the first Sharc installation in the state of California -- adding to Sharc's growing global portfolio, with over 30 projects in various stages of operation or installation in the United States, Canada, the United Kingdom and Australia.

The project is aiming to achieve LEED Gold certification which is significantly bolstered by the Piranha WET system's capability to efficiently extract thermal energy from waste water and leverage the recovered thermal energy for high-efficiency water heating as the only waste water to water heat pump solution on the market. Notably, the Piranha WET system demonstrates exceptional performance; for every dollar of energy used to operate the system, it generates $4 worth of output on average. This remarkable efficiency not only enables reduction in greenhouse gas emissions but also provides operational cost savings.

"We are pleased to support an ambitious LEED Gold project as our first installation in one of the largest markets in the world, California. Sharc Energy technology is a cornerstone for sustainable development and installations like this only help bring awareness to our capabilities," says Lynn Mueller, president and chief executive officer of Sharc Energy.

This project, supported by Sharc Energy's Washington and California representative CHC Hydro, is an example of how innovative technology can be seamlessly integrated into urban development and stands as a beacon of progressive, sustainable urban architecture.

"It is exciting to secure our first California installation for Sharc Energy technology. The Piranha is one of the most efficient all-electric hot water solutions on the market today and we are proud to represent it along with the Sharc WET system," says David Anderson, division business development manager -- Columbia with CHC Hydro. "The future of WET on the West Coast is bright!"

About Sharc International Systems Inc.

Sharc is a world leader in energy recovery from the waste water sent down the drain every day. Sharc's systems recycle thermal energy from waste water, generating one of the most energy-efficient and economical systems for heating, cooling and hot water production for commercial, residential and industrial buildings.

Sharc Energy is publicly traded in Canada, the United States and Germany.

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