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SHARC Announces Agreement with Frontier Refrigeration & Mechanical Services Ltd. to Represent SHARC Energy Systems in the Manitoba Market

“It's an honor to represent their remarkably pioneering technology in the Manitoba market," – President of Frontier Refrigeration & Mechanical Services Ltd.

VANCOUVER, British Columbia, June 12, 2018 (GLOBE NEWSWIRE) -- SHARC International Systems Inc. (CSE:SHRC) (FSE:IWIA) (OTCQB:INTWF) ("SHARC") is pleased to announce that it has entered Sales Representative Agreements (“Sales Agreement”) with Frontier Refrigeration & Mechanical Services Ltd. (“Frontier”).

Under the terms of the Sales Agreement, Frontier has been authorized to sell Vancouver based SHARC products throughout the Province of Manitoba, effective immediately.

“We are excited about extending the SHARC product lines into Manitoba with Frontier,” said Mr. Mueller, CEO SHARC International Systems. “I am excited to be working with Walter and his whole team as they share our mission to provide professional, high quality, efficient services in the HVAC industry and recognises the enormous potential of SHARC technology. Frontier is a great fit.”

The partnership combines SHARC’s unique and innovative waste water energy recycling technology, which provides efficient and economical space heating and cooling for commercial, residential and industrial buildings, with Frontier’s leading experts in commercial and industrial HVAC and refrigeration system solutions as a world class manufacturer’s representative firm.

Since 1979, Frontier has proven to be a true “Solutions Provider”. Based in West St. Paul, Manitoba, Frontier represent companies and systems from specialty refrigeration equipment, condensing boilers, cooling towers, custom air handling units, arena/curling Facilities-Artificial ice plants to computer room cooling prepackaged, design build.  The team consists of skilled and experienced staff dedicated to providing application and product selection assistance to consulting engineers, design build contractors, sound consultants and architects that are committed to ensuring buildings operate as efficiently as possible.

Frontier encourages community involvement and family based company activities to distinguish itself from our competitors and believes this will enhance our family oriented culture and result in happier employees.

"Our mission is quite simple, we want to methodically sell the very best energy recovery technology in the world to our prequalified customers that will see an ROI quickly. SHARC Energy Systems offers all of this and more with a simple, yet effective energy recovery technology for endless applications within our existing and new customers alike,” said Walter Lehmann, President of Frontier Refrigeration & Mechanical Services. “I think Swimming with the SHARCS will be an exciting chapter for both Frontier and SHARC.”

About Frontier

Frontier is an HVAC & R Manufacturer's Representative Firm that has been serving Manitoba for nearly 40 years. Our expertise in design and installation can assist you from concept through completion. Afterwards, you can feel at ease knowing Frontier’s well trained technicians can keep your investment operating efficiently with our tailored preventative maintenance program. Should you have unplanned needs, our 24 hour computerized dispatch service will ensure someone is responding to your concerns promptly.

About SHARC International Systems

SHARC International Systems Inc. is a world leader in thermal heat recovery. SHARC 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:
Ray Crowley
Telephone: 604 782 0773
Email: ray.crowley@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.

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