H2O INNOVATION INC.
TSX VENTURE : HEO
TSX CROISSANCE : HEO

H2O INNOVATION INC.

April 16, 2007 15:56 ET

H2O Innovation (2000) Inc./ERRATUM : Press Release of April 16th, 2007

QUEBEC CITY, QUEBEC--(CCNMatthews - April 16, 2007) - H2O Innovation (2000) inc. ("H2O") (TSX VENTURE:HEO)(Alternext:MNEMO:ALHEO). In the press release of April 16th , 2007 - pertaining to the CAN$ 15M financing and the acquisition of a US wastewater treatment Company - it has been omitted to announce that the placement could amount to CAN$ 16.5M. It is worth mentioning that the private placement is composed of units at a price of $1.75 per unit. Each unit will consist of one common share of H2O and one common share purchase warrant. Each share purchase warrant entitles the holder thereof to purchase one common share at a price of $2.30 at any time prior to 5:00 p.m. (Montreal time) on the date that is 24 months following the closing of the offering.

The TSX Venture Exchange and the Alternext Exchange assume no responsibility for the relevance or accuracy of this press release.

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