International Wastewater Systems Announces Hadi Dowlatabadi and Pär Dalin to Join Advisory Board

International Wastewater Systems Announces Hadi Dowlatabadi and Pär Dalin to Join Advisory Board

VANCOUVER, B.C., October 21, 2016 – International Wastewater Systems Inc. (the “Company”) (CSE:IWS) (FRANKFURT:IWI) (OTC PINK:INTWF) is pleased to announce that Dr. Hadi Dowlatabadi and Mr. Pär Dalin have joined as members of the IWS Advisory Board. IWS’s Advisory board was established to formally leverage IWS’s network of renewable energy experts and industry leaders already supporting the adoption of IWS technology around the world.

Dr. Hadi Dowlatabadi

Dr. Dowlatabadi is the Canada Research Chair & Professor in Applied Mathematics and Global Change at the University of British Columbia; a University Fellow at Resources for the Future, a Washington DC think tank; and an Adjunct Professor at Carnegie Mellon University’s Department of Engineering & Public Policy.

Dr. Dowlatabadi received a BSc in Physics from Edinburgh University (1980) and a PhD in physics (focussing on integrated energy systems) from the Cavendish Laboratories at the University of Cambridge (1984). His research focuses on interacting social, economic and environmental systems, and how these systems create and respond to challenges over time, at the interface of technology, energy, the environment, public health and public policy.

In 2004 Dr. Dowlatabadi co-founded the non-profit Offsetters Climate Neutral Society, a leading provider of sustainability and carbon-management solutions. Offsetters made the 2010 Vancouver Winter Olympics climate neutral and has been a pioneer in GHG reduction strategies.

In 2007 Dr. Dowlatabadi co-founded Green-Erg Technologies, a Company focused on energy efficiency projects. Green-Erg is currently building the first off-grid biomass based community energy system (3MWth, 720kWe) in Canada.

In 2012 Dr. Dowlatabadi co-founded HydroRun a company that is developing a novel hydrokinetic device to generate electricity from the energy of free-flowing streams, with the goal of dispatchable renewable electricity generation at competitive prices to the grid.

Dr. Dowlatabadi was a lead author on the Intergovernmental Panel on Climate Change and also on the Millennium Ecosystem Assessment.

Mr. Pär Dalin

Mr. Pär Dalin is currently the Chairman and Partner at Devcco AB (District Energy Venture) in Stockholm, Sweden, a developer of international energy utility and district energy projects. Devcco’s partners have led several of the world’s largest and most pioneering District Cooling and multi utility developments for the last two decades.

Mr. Dalin was previously a co-founder and CEO of Capital Cooling Holding AB where he led energy utility development partnerships with a focus on District Cooling in the US, China, Middle East, Europe and the Caribbean.

Mr. Dalin currently serves as a District Energy advisor to both the Swedish Environmental Protection Agency and the United Nations. He also serves as the Swedish representative and Chairman of the District Cooling group of Euroheat & Power, a Brussels-based group representing the District Energy sector with public and private sector representatives from over thirty countries.

Mr. Dalin holds a Bachelor degree from Thayer School of Engineering in Hanover, USA, and a Masters degree from the Royal Institute of Technology, Stockholm.

Lynn Mueller, CEO of IWS commented: “The global District Energy sector is growing rapidly due to increased economic incentives for energy efficiency projects worldwide, and demand for IWS’s thermal heat recovery technology in district-scale projects is growing commensurately. Dr. Dowlatabadi and Pär Dalin are world class additions to our Advisory Board and IWS will benefit enormously from their expertise in District Energy projects.”

ON BEHALF OF THE BOARD

“Lynn Mueller”

Lynn Mueller

Chairman and Chief Executive Officer

FOR MORE INFORMATION, PLEASE CONTACT:

Yaron Conforti, CFO and Director

Telephone: (416) 716 8181

Email: [email protected]

About International Wastewater Systems Inc.

International Wastewater Systems Inc. is a world leader in thermal heat recovery. IWS systems recycle thermal energy from wastewater, generating the most energy efficient and economical 2 systems for heating, cooling & hot water for commercial, residential and industrial buildings. IWS is publicly traded in Canada (CSE: IWS), the United States (OTC: INTWF) and Germany (Frankfurt: IWI).

The CSE does not accept responsibility for the adequacy or accuracy of this release.

About SHARC Energy

SHARC International Systems Inc. is a world leader in energy recovery from the wastewater we send down the drain every day. SHARC Energy’s systems recycle thermal energy from wastewater, generating one of the most energy efficient and economical systems for heating, cooling & hot water production for commercial, residential and industrial buildings.

SHARC Energy is publicly traded in Canada (CSE: SHRC), the United States (OTCQB: INTWF) and Germany (Frankfurt: IWIA) and you can find out more on our SEDAR profile.

Learn more about SHARC Energy: Website | Investor Page | LinkedIn | YouTube | PIRANHA

ON BEHALF OF THE BOARD

Lynn Mueller
Chairman and Chief Executive Officer

INVESTOR INQUIRIES

Hanspaul Pannu
Chief Financial Officer
(604) 475-7710 ext. 4

MEDIA INQUIRIES

Mike Tanyi
Director of Marketing and IT 
(604) 475-7710 ext.109

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements 

Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified using words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. SHARC Energy’s actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Company. SHARC Energy believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company’s expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether because of new information, future events or otherwise, except as required by applicable securities legislation. 


[1] Sales Pipeline is a Non-IFRS measure. Please see discussion of Alternative Performance Measures and Non-IFRS Measures in the nine months ended September 30, 2021 MD&A.

[2] Sales Order Backlog is a Non-IFRS measure. Please see discussion of Alternative Performance Measures and Non-IFRS Measures in the nine months ended September 30, 2021 MD&A.

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