Sharc International Systems Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023

SHARC International Systems Inc. is a Canada-based company, which is engaged in energy recovery from the wastewater the Company send down the drain every day. The Company is engaged in providing wastewater energy transfer (WET) expertise and products that service commercial, industrial, public utilities and residential development projects. Its products include SHARC Series and PIRANHA Series. The SHARC Series taps the potential of wastewater energy to reduce energy and water consumption, carbon emissions and energy costs at large, industrial scales. The SHARC utilizes the power of wastewater for both heating and cooling for the large capacity requirements of multi-family residential, commercial and energy districts. The PIRANHA Wastewater Heat Recovery & Cooling System is a specialized water-to-water heat pump that recovers energy directly from wastewater and uses this source energy to produce hot water. PIRANHA Series is typically used for potable domestic hot water (DHW) purposes.