SHARC Energy Strengthens Management Team as Paul Aucoin Joins as New Regional Manager

Vancouver – (August 23, 2018) – SHARC International Systems Inc.  (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC”)is pleased to announce that Paul C. Aucoin has joined SHARC Energy Systems in a newly created position as Regional Manager, heading up the sales department and as a member of the executive team, reporting to CEO Lynn Mueller. Paul will be responsible for SHARC’s overall sales execution and go-to-market activities.

Paul Aucoin is one of the original founders of SHARC, providing his sales and technical expertise to the operation in its early beginnings.  Paul’s firm was one of the original distributors of SHARC products and is very familiar with our products and services.

Mr. Aucoin is a professional electrical engineer, with his degree from Concordia University in Montreal.  He had a 13 year career with the Trane Inc. in Halifax, Sudbury and Vancouver before starting his own HVAC rep firm in Vancouver.  Paul started HVAC Systems and Solutions Ltd. in 1999 in the basement of his house and grew it to $15M in sales, and 23 employees before selling it in 2015.

CEO SHARC International Systems, Mr. Lynn Mueller, commented: “We are delighted to welcome Paul back to our team. His appointment represents an important step towards our sales plans for double digit growth over the next 5 years with our slate of innovative products.”

“I am incredibly excited to be joining Lynn and the SHARC team again in leading the transformation of the sales department in today’s carbon reduced driven world,” said Aucoin. “I see this as a considerable opportunity that has the power to change how SHARC engages with its customers and distributors, limited only by the imagination of real estate developers, municipalities and while helping in reducing our carbon footprint globally.”

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.comor 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:

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

NT4