H2O Innovation : H2O Innovation: Professional Water Technologies expands its
sales network, gets certified in China, and accentuates innovation
Quebec City, February 19, 2013 - (TSXV: HEO) - HOInnovation Inc. ("HO
Innovation" or the "Company") announces that Professional Water Technologies
("Professional Water Technologies" or "PWT"), its Californian business unit
specialized in reverse osmosis specialty chemicals and membrane forensics
services, has recently entered into agreements with three new distributors,
expanding its sales network to Pakistan, Chile and Oklahoma, United States.
Sales have already started and first orders have been shipped. Professional
Water Technologies can now count on 20 distributors, ensuring a strong
presence worldwide in its field of expertise.
Professional Water Technologies is also proud to announce that it received two
major certifications in China. First, its SpectraGuard(TM) product has been
approved for thermal desalination technologies, and more specifically for low
temperature multi-effect distillation (MED). This approval has been issued by
Zhonghe Seawater Desalination Engineering Co., Ltd., a cooperation of three
giants China state-owned organizations and the Chinese scientific research
institute. Additionally, the Ministry of Health in China has delivered a
certificate for use of Titan ASD(TM) 200 SC, a concentrated, liquid reverse
osmosis antiscalant, in plants producing drinking water. "We are very
confident that these new certifications will increase our sales level of
specialty chemicals, not only in China but also abroad where thermal
desalination is used. This important milestone reinforces our strategy to
target high-growth niche markets through our innovative and competitive
chemicals", stated Frédéric Dugré, President & CEO of HOInnovation.
In parallel, as part of its continuous proactive approach to support
innovation and improve product development for its PWT product line, the
Company has recently hired a new Product Development Chemist holding a Ph.D.
in chemical engineering, and notably specialized in antiscalants and cleaners
for membrane applications. "With 9 years of academic and industrial experience
in water and wastewater treatment and in membrane separation, this new
resource will bring major knowledge and expertise to our existing team,
setting up improved grounds for innovation", concluded David Russell, Vice
President, Specialty Chemicals & Services.
Certain statements set forth in this press release regarding the operations
and the activities of HOInnovation as well as other communications by the
Company to the public that describe more generally management objectives,
projections, estimates, expectations or forecasts may constitute
forward-looking statements within the meaning of securities legislation.
Forward-looking statements concern analysis and other information based on
forecast future results and the estimate of amounts that cannot yet be
determined. Forward-looking statements include the use of words such as
"anticipate", "if", "believe", "continue", "could", "estimate", "expect",
"intend", "may", "plan", "potential", "predict", "project", "should" or
"will", and other similar expressions, as well as those usually used in the
future and the conditional, notably regarding certain assumptions as to the
success of a venture. Those forward-looking statements involve a number of
risks and uncertainties, which may result in actual and future results of the
Company to be materially different than those indicated. 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).
Unless required to do so pursuant to applicable securities legislation,
HOInnovation assumes no obligation to update or revise forward-looking
statements contained in this press release or in other communications as a
result of new information, future events and other changes.
About Professional Water Technologies
Professional Water Technologies, an HO Innovation brand, develops,
manufactures and markets specialty chemicals for municipal and industrial
nanofiltration ("NF") and reverse osmosis ("RO") membrane systems. Its
environmentally friendly phosphate-free super-concentrated antiscalants are
eleven times more concentrated than standard antiscalants, reducing
shipping/handling by 90% and reduce drum disposal requirements. With a
complete line of NF and RO pretreatment and maintenance products,
comprehensive analytical and technical capabilities, and an innovative
research and development group, Professional Water Technologies offers
solutions to maximize the efficiency and economy of membrane systems
HOInnovation 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. HOInnovation 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.
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HO Innovation Inc.
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information contained therein.
Source: H2O Innovation via Thomson Reuters ONE
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