VANCOUVER, B.C., Feb. 13, 2019 (GLOBE NEWSWIRE) -- Sharc International Systems Inc.  (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC" or "the Company") is pleased to announce the appointment of Mr. Brock Trimble to the position of Interim Sales Coordinator for the company, assisting customers with EfficiencyBC funding program.

Mr. Trimble will play a key role in assisting SHARC’s customers access funding through EfficiencyBC, a new program jointly funded by the BC and Federal Governments which, through partner programs, will provide up to $200,000 for a commercial business to switch to high-efficiency heating equipment and to make building envelope improvements. The program was launched in September 2018 in partnership with the federal government, BC Hydro, FortisBC, BC Housing, and many local governments. The program is jointly funded by the Province and the Government of Canada under the Low Carbon Economy Leadership Fund. In addition, both BC Hydro and FortisBC offer supporting programs that provide additional incentives for energy efficiency of up to $200,000 and $500,000 respectively.

Further information about EfficiencyBC funding is available on the EfficiencyBC website.

“I am confident that Brock will be a key resource helping our customers to access this important funding initiative and the partnerships within the EfficiencyBC program to help reduce their energy costs and lower their carbon footprint,” said SHARC CEO Lynn Mueller. “EfficiencyBC provides an important financial incentive and Brock is here to provide a seamless experience.”

Mr. Trimble has been with SHARC for 4 years and previously had been Supervisor of Production and Service, where he oversaw production of all SHARC systems and led the service team.  His intimate knowledge of the SHARC family of products is a great fit as he moves into his role as interim sales coordinator.

About SHARC International Systems

SHARC International Systems Inc. is a world leader in thermal heat recovery. SHARC™ technology systems recycle thermal energy from wastewater, generating one of the most energy efficient and economical systems for heating, cooling & hot water preheating for commercial, residential and industrial buildings. SHARC is publicly traded in Canada (CSE: SHRC), the United States (OTCQB: INTWF) and Germany (Frankfurt: IWIA).

Further information about the Company is available on our website at www.sharcenergy.com or under our profile on SEDAR at www.sedar.com .

ON BEHALF OF THE BOARD

“Lynn Mueller” Chairman and Chief Executive Officer

For further information, please contact:

Investor Relations

Jeff Walker The Howard Group Phone: (888) 221-0915 or (403) 221-0915 Email: jeff@howardgroupinc.com

Jamie Hyland SHARC International Systems Inc. Telephone: (604) 442-2425 Email: jamie.hyland@sharcenergy.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts 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 by the use of 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'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 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 as a result of new information, future events or otherwise, except as required by applicable securities legislation.