H2O Innovation bags new contracts worth $3.1 million

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H2O Innovation bags new contracts worth $3.1 million

Greentech Lead America: H2O Innovation has recently won
new contracts worth $3.1 million.

H2O Innovation will provide custom-built water treatment
systems and equipment to industrial and municipal end-users in the U.S. and
Canada.

These contracts were awarded to H2O Innovation and bring
the company’s order backlog for water treatment systems and equipment to $28.1
million as of March 30, 2012.

As per one of the contracts, H2O Innovation will design,
build, test and commission a greensand and reverse osmosis system for a boiler
feed water treatment package to an oil & gas producer in Northern Alberta.

The company will also deliver a two-skid reverse osmosis
water treatment system to the California State Polytechnic University, Pomona.
The system will produce potable water for and H2O Innovation will also provide
operator training, installation assistance and performance testing services.

Two Canadian and one U.S. municipal end-users have also
awarded contracts to H2O Innovation.

The Municipality of Sainte-Sophie in Quebec’s Laurentians
region has contracted H2O Innovation to design and supply a nanofiltration
membrane treatment system including pre-treatment.

The Swan Lake First Nation in Manitoba has contracted H2O
Innovation to provide a skid-mounted drinking water production system composed
of green sand filters and reverse osmosis with calcite polishing.

H2O Innovation will also design, assemble and deliver a
reverse osmosis system to the Yucaipa Valley Water District in California. This
water reuse system will be used at the Water District’s wastewater treatment
facility where it will reduce the salinity of the plant’s effluent, rendering
it usable for irrigation and other non-potable uses.

“With these contracts, our bookings for the third
quarter of fiscal 2012 total close to $6 million. These successes demonstrate
the validity of our long-standing focus on North American small to mid-size
municipalities, where demand is strong and numerous sales opportunities exist.
This efficiently counterbalances any weaknesses in demand from larger U.S.
municipalities, a market we are not actively targeting,” said Frederic
Dugre, president and CEO of H2O Innovation.

[email protected]

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