Vancouver, British Columbia–(Newsfile Corp. – October 30, 2015) – Following a reverse takeover, International Wastewater Systems (CSE: IWS), formerly Amana Copper, began trading on the Canadian Securities Exchange under the symbol IWS. The company has developed and deployed a patent pending method for extracting heat from wastewater flows.
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The company’s two proprietary products, the SHARC and PIRANHA wastewater heat exchange systems provide simple and direct heat exchange from untreated waste water, resulting in the most energy-saving, cost-effective and environmentally friendly solutions for heating, cooling and hot water for any building, residential or commercial.
The proprietary filtration unit is the cornerstone of the equipment, separating solids and liquids, the latter of which are sent through a heat exchange process before meeting back up with the solids and exiting back into the main sewer system. Up to 95{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of waste water can be put through this process by simply “plugging in”to existing piping infrastructure.
The systems work together with established heat pump technology to capture and recycle heat that would have otherwise been wasted down the drain. The company’s systems can handle a wide spectrum of applications, including condominiums, hospitals, and office buildings, with the scope extending to energy districts and supplemental use on large geothermal installations. SHARC and PIRANHA systems are custom tailored to building specifications and can be installed as new or retrofit applications.
The shares are trading at $0.60, and with 80.9 million shares outstanding, the company is capitalized at $48.6 million.
For more information, please visit the company’s website www.sewageheatrecovery.com or contact Lynn Mueller, CEO, at 604-475-7710 or email lynnm@iwhes.com.
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