SHARC Energy Secures Purchase Order for Back-Flush Only (BFO) System Marking Commercial Launch of New Product
MWN-AI** Summary
SHARC International Systems Inc. (CSE: SHRC), a frontrunner in Wastewater Energy Transfer technology, has secured a significant purchase order for its newly launched Back-Flush Only (BFO) system, intended for deployment at a Wastewater Treatment Plant in Calgary, Alberta. This order signifies the official commercial launch of the BFO system, enhancing SHARC Energy's product lineup and expanding its market reach.
The BFO system is designed as a passive thermal energy transfer solution for environments where the wastewater contains minimal solids, thus differentiating it from SHARC's larger filtration systems that deal with raw wastewater. Its ability to efficiently harvest thermal energy from cleaner effluent streams enables applications in various sectors, including greywater management, data centers, hydronic heating and cooling systems, and district energy networks.
Michael Albertson, CEO and President of SHARC Energy, emphasized that this development is not just a project win—it represents a broader leap into a new product category. The system's design specifically accommodates the high- to medium-temperature effluent typically found in wastewater treatment plants, enabling significant energy recovery while avoiding the complexities of solids management.
As of now, SHARC Energy's sales order backlog has escalated to $7.8 million, highlighting the company’s ongoing commercial momentum across multiple sectors. The BFO system's introduction aligns with SHARC's objectives to meet growing demands for energy efficiency and sustainability in municipal operations.
Overall, this milestone reinforces SHARC Energy’s commitment to innovation in wastewater energy recovery, positioning the company favorably in the urgent quest for energy efficiency and decarbonization solutions.
MWN-AI** Analysis
SHARC International Systems Inc. (CSE: SHRC) has secured a pivotal purchase order for its Back-Flush Only (BFO) system, signaling a significant milestone in its commercialization efforts of innovative technologies in wastewater energy recovery. The BFO system is tailored for environments with minimal to no solids in effluent streams, such as wastewater treatment plants, data centers, and hydronic HVAC systems, effectively broadening SHARC Energy's market reach.
From a market perspective, this development holds several implications for investors. First, the increasing order backlog, now at $7.8 million since the prior report, highlights SHARC's strengthening commercial momentum and its capacity for revenue generation. It reflects the company's strategy of diversifying its product offerings, thus catering to a wider array of applications, reducing risk exposure tied to any single product or market.
The emphasis on renewable energy solutions and decarbonization initiatives presents a favorable backdrop for SHARC Energy. The BFO system exemplifies an eco-friendly technology that leverages current resources, appealing to municipalities and industries striving to enhance energy efficiency and meet sustainability targets. As cities and industries progressively gravitate toward smarter, greener energy solutions, SHARC Energy appears well-positioned to capitalize on this trend.
Investors should also note that SHARC's execution on these innovative offerings could lead to increased visibility and credibility within the energy recovery sector. This, combined with potential government incentives for sustainable technologies, could further catalyze demand for SHARC's products.
Given these dynamics, SHARC Energy presents an intriguing investment opportunity. However, as with any emerging technology firm, investors should consider the inherent risks, including market competition and regulatory hurdles. It’s advisable to monitor the company's performance closely and the broader market trends affecting its operations as the commercial rollout evolves.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
VANCOUVER, British Columbia, March 04, 2026 (GLOBE NEWSWIRE) -- SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC Energy" or the “Company”), a global leader in Wastewater Energy Transfer (“WET”) technology, is pleased to announce that it has secured a purchase order for its newly introduced Back-Flush Only (“BFO”) system to be deployed at a Wastewater Treatment Plant in Calgary, Alberta.
This purchase order marks an important milestone for SHARC Energy, representing the commercial launch of the BFO system and further demonstrating the Company’s ongoing development of SHARC Energy’s product portfolio to enable expansion of solutions into new markets.
The BFO system is a passive thermal energy transfer solution specifically designed for applications where source effluent contains no or minimal solids and where high- to medium-temperature effluent is available.
Unlike SHARC’s large-volume filtration systems designed for raw wastewater, the BFO system is optimized for cleaner effluent streams and does not require solids separation or maceration The system leverages passive thermal energy transfer to efficiently harvest and move energy from suitable hydronic sources to where this thermal energy is needed. The BFO system is engineered for applications including:
- Non-solids effluent streams
- Grey water
- Wastewater treatment plant discharge
- Data centers
- Hydronic HVAC systems
- District heating and cooling Ambient Temperature Loops (ATL’s)
By targeting cleaner source streams, the BFO expands SHARC Energy’s addressable market into facilities and infrastructure environments where traditional wastewater energy recovery systems may not be required, but valuable thermal energy is still being discharged.
“This purchase order represents more than a project win — it represents the successful launch of a new product category within our portfolio,” said Michael Albertson, CEO and President of SHARC Energy. “The BFO system allows us to address a broader range of applications, particularly wastewater treatment plant effluent, data centers and hydronic loop systems, where passive thermal transfer can unlock significant energy recovery without complex solids management.”
Wastewater treatment plants process consistent and often elevated-temperature effluent streams, making them ideal candidates for thermal energy harvesting. The Calgary installation demonstrates SHARC Energy’s ability to support municipalities seeking to reduce energy waste, improve system efficiency, and support electrification and decarbonization initiatives.
The BFO complements SHARC Energy’s broader product portfolio, which includes:
- PIRANHA – a wastewater-source heat pump utilizing a unique evaporator design capable of delivering potable hot water up to 140°F (60°C) with high efficiency (COP range 3.0–6.0).
- SHARC – scalable passive thermal energy transfer systems designed for higher-solids wastewater applications and large-capacity district and multi-building systems.
Together, these solutions enable the harvesting and transfer of thermal energy across residential, commercial, industrial, and municipal applications.
Since its last disclosure on February 4, 2026 and as of the date of this release, SHARC Energy’s Sales Order Backlog1 has increased to $7.8 million, without consideration for any shipments or adjustments since the third quarter of 2025, reflecting ongoing commercial momentum across multiple sectors, the continued maturation of SHARC Energy’s sales pipeline and expanding adoption across diversified end markets.
The Company believes this order validates both the strategic expansion of its product portfolio and the growing recognition of wastewater and hydronic effluent streams as reliable, scalable thermal energy sources.
About SHARC Energy
SHARC International Systems Inc. is a world leader in energy transfer from the wastewater discharged down the drain every day. SHARC Energy's systems exchange thermal energy with wastewater, generating one of the most energy-efficient and economical systems for heating, cooling & hot water production for commercial, residential and industrial buildings along with thermal energy networks, commonly referred to as “District Energy”.
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 | Customers | LinkedIn | YouTube | PIRANHA | SHARC
ON BEHALF OF THE BOARD
Fred Andriano
Chairman
For investor inquiries, please contact:
Hanspaul Pannu
Chief Financial Officer
SHARC Energy
Telephone: (604) 475-7710 ext. 4
Email: hanspaul.pannu@sharcenergy.com
For media inquiries, please contact:
John Louis Fahie
Marketing
SHARC Energy
Telephone: 604.475.7710 Ext.109
Email: johnlouis.fahie@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 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 because of new information, future events or otherwise, except as required by applicable securities legislation.
1 Sales Order Backlog is a non-IFRS measure. Please see discussion of Alternative Performance Measures and Non-IFRS Measures in the Q3 2025 MD&A.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/27c26cec-dbbe-4324-8136-0d534c66ebda
FAQ**
How does the introduction of the Back-Flush Only (BFO) system by Sharc International Systems Inc (INTWF) expand its market reach compared to existing wastewater energy recovery solutions?
What specific advantages does the BFO system provide for wastewater treatment plants and district heating systems that could enhance Sharc International Systems Inc (INTWF) competitive position?
With a Sales Order Backlog of $7.8 million, how is Sharc International Systems Inc (INTWF) planning to utilize this momentum for further product development and market expansion?
Can you provide insights into the expected impact of regulatory decisions and economic conditions on the future growth and operational strategies of Sharc International Systems Inc (INTWF)?
**MWN-AI FAQ is based on asking OpenAI questions about Sharc International Systems Inc (OTC: INTWF).
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