False Creek NEU Service Area Current and Future customer map for False Creek NEU SHARC 880 Systems at False Creek NEU SHARC 880s are critical components of the False Creek Neighbourhood Energy Utility VANCOUVER, British Columbia, Oct. 23, 2025 (GLOBE NEWSWIRE) -- SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC Energy" or the “Company”), a world leader in Wastewater Energy Transfer (“WET”), is proud to announce that SHARC Energy has completed the supply and commissioni ...

Core Insights - SHARC International Systems Inc. has received significant patent grants for its SHARC wastewater heat exchange technology in the United States and Europe, enhancing its competitive position in major markets [2][3][8] - The company is actively pursuing global patent filings, with applications pending in multiple countries, indicating a strategic expansion of its intellectual property portfolio [4][5] - SHARC Energy anticipates substantial growth in orders over the next 12-15 months, reflecting confidence in its technology and market demand [6] Patent Developments - The United States patent (No. 12,415,149) was issued on September 16, 2025, providing protection until February 14, 2043, contingent on annual renewal fees [2][8] - The European patent (No. 4 282 506) was granted on September 3, 2025, with protection lasting until July 2, 2042, also subject to annual renewal fees [2][8] - The Canadian patent (No. 2,926,576) was issued on June 9, 2020, further solidifying the company's intellectual property in North America [3] Global Expansion Strategy - SHARC Energy has filed for international patent applications under the Patent Cooperation Treaty (PCT), securing global patent-pending status for 30 months [4] - The company is pursuing national-phase filings in Canada, Australia, the UK, Mexico, UAE, Saudi Arabia, India, and South Korea, with plans for additional European validations [4][5] - Ongoing validation processes in key EU jurisdictions aim to ensure comprehensive protection across priority markets [5] Company Overview - SHARC Energy specializes in energy recovery from wastewater, providing energy-efficient systems for heating, cooling, and hot water production for various building types [7] - The company is publicly traded in Canada (CSE: SHRC), the United States (OTCQB: INTWF), and Germany (Frankfurt: IWIA) [8]

Core Insights - SHARC International Systems Inc. reported strong financial results for Q2 2025 and YTD 2025, with revenues of $0.85 million and $1.86 million respectively, marking increases of 19% and 9% compared to the same periods in 2024 [1][2] - The company’s Sales Order Backlog increased by 3% to $3.7 million, representing a 71% improvement over the revenue for the year ended December 31, 2024 [1][2] - SHARC Energy is expanding its presence in District Energy Systems (DES) projects, particularly in Ottawa and Vancouver, and is seeing growing acceptance of its Wastewater Energy Transfer (WET) systems [1][3] Financial Performance - Revenue for YTD 2025 is $1.86 million, which is 86% of the total revenue earned in 2024, and represents a 19% increase from $1.56 million in YTD 2024 [2] - Q2 2025 revenue increased by 9% to $0.85 million compared to $0.78 million in Q2 2024 [2] - The company reported a loss of $0.82 million in Q2 2025, compared to a loss of $0.71 million in Q2 2024, indicating a 15% increase in losses [2] Sales and Order Backlog - As of August 29, 2025, the Sales Pipeline stands at $16.6 million, with a Sales Order Backlog of $3.7 million, reflecting a 3% growth since the last disclosure [2] - The Sales Order Backlog is expected to convert to revenue within an average of 12 months, showing a 71% improvement compared to the previous year’s revenue of $2.17 million [2] Market Expansion and New Opportunities - SHARC Energy is targeting new sectors such as wastewater treatment facilities, universities, and water utilities, which are expected to provide fewer regulatory hurdles and shorter sales cycles [3] - The company plans to launch new products soon, leveraging relationships with original equipment manufacturers to enhance customer service and increase revenue [3] Recent Developments - SHARC Energy has shipped two WET systems to a U.S. government-affiliated project and is involved in the Sen̓áḵw District Energy System, the largest real estate development in Canadian First Nations history [6] - The company is also working on the False Creek Neighbourhood Energy Utility expansion in Vancouver [6] - A non-brokered private placement of unsecured convertible debentures was closed for a principal amount of $1.57 million [6]

Core Insights - SHARC International Systems Inc. has shipped two SHARC 880 Wastewater Energy Transfer (WET) Systems to a U.S. government-affiliated project, indicating the company's growing influence in the market [1] - The company's WET technology is gaining traction in the U.S. and is recognized for its role in sustainable infrastructure, as highlighted in a Wall Street Journal article [2] - SHARC Energy's systems recycle thermal energy from wastewater, providing energy-efficient solutions for heating, cooling, and hot water production across various sectors [4] Company Overview - SHARC Energy is a leader in energy recovery from wastewater, offering economical systems for commercial, residential, and industrial applications, as well as for district energy networks [4] - The company is publicly traded on multiple exchanges, including the Canadian Securities Exchange, OTCQB in the U.S., and Frankfurt Stock Exchange [5]

VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) -- SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC Energy" or the "Company") is pleased to announce that Fred Andriano has been named Chairman of the Board of Directors ("BOD") and Executive Officer. Mr. Andriano replaces SHARC Energy's founder Lynn Mueller as Executive Chairman. Mr. Mueller will remain on the Board as Vice Chairman and Executive Officer of the Company. Mr. Andriano has extensive experience and expert ...