VANCOUVER, British Columbia, March 24, 2023 (GLOBE NEWSWIRE) -- SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC Energy" or the "Company") would like to applaud the twenty-two Mechanical Contractors Association of America (“MCAA”) student chapters that submitted a mock proposal for the installation of the National Western Center Campus Energy project as part of MCAA Annual Student Chapter Competition. SHARC Energy would like to further celebrate the Final Four and Merit Award winner teams.
The Final Four includes California Polytechnic State University, Farleigh Dickinson University, McMaster University and Pittsburg State University. The Merit Award winner teams include Ball State University, Kent State University, Purdue University, University of Maryland College Park, University of Washington, and Wentworth Institute of Technology.
The teams will present their proposals on the afternoon of March 28th at MCAA23 in Phoenix, Arizona, where the next generation of mechanical contractors are competing for a $10,000 prize. The contest requires students to submit proposals for the installation of three 1000-ton cooling towers, six 6000-mbh boilers, a SHARC Wastewater Energy Transfer (“WET”) system, plate and frame heat exchangers, pumps, piping and supporting infrastructure.
The National Western Center project is currently the largest operating WET system in North America, a significant milestone for both the industry and SHARC Energy. The contest’s focus on the project showcases how WET is entering the mainstream consciousness and highlights the potential for widespread adoption.
Furthermore, the contest highlights the increasing popularity of wastewater energy transfer among young Science, Technical, Engineering and Mathematics (“STEM”) enthusiasts, who are actively engaging with SHARC Energy’s proprietary technology to develop more sustainable solutions for heating and cooling buildings today and into the future.
SHARC Energy wishes the winner teams’ good luck in the Final Four!
About SHARC Energy
SHARC International Systems Inc. is the world leader in energy transfer with wastewater. SHARC Energy's systems recycle and reject thermal energy from wastewater, generating one of the most energy-efficient and economical systems for heating, cooling and 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 Series | SHARC Series
ON BEHALF OF THE BOARD
Lynn Mueller
Chairman and Chief Executive Officer
| For investor inquiries, please contact: | For media inquiries, please contact: |
| Hanspaul Pannu | Mike Tanyi |
| Chief Financial Officer | Director of Marketing & IT |
| SHARC Energy | SHARC Energy |
| Telephone: (604) 475-7710 ext. 4 | Telephone: (604) 475-7710 ext. 109 |
| Email: hanspaul.pannu@sharcenergy.com | Email: mike.tanyi@sharcenergy.com |
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 because 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 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 applicable.
