July 12, 2010 09:30 ET

Lisa Henthorne Joins Board of Directors of H2O Innovation

QUEBEC CITY, QUEBEC--(Marketwire - July 12, 2010) - H2O Innovation Inc. (TSX VENTURE:HEO)(ALTERNEXT:MNEMO:ALHEO) ("H2O Innovation" or the "Company), a complete water treatment solutions company providing custom designed systems along with specialty chemicals for membrane filtration systems, announces that Ms. Lisa Henthorne, PE, Chief Technology Officer of Water Standard and immediate past president of the International Desalination Association, has been appointed to the Company's Board of Directors. Ms. Henthorne's appointment increases the size of H2O Innovation's Board of Directors to seven directors and the number of independent directors to six.

"We are very pleased to see Lisa join our Board of Directors. I am excited about the extensive knowledge and track record of success that she brings to our Board", said Philippe Gervais, Chairman of the Board of H2O Innovation Inc. "Her unique experience in the field of membranes and desalination will help us develop strategies that will deliver increased value, particularly for our international activities. She will bring complementary expertise to our Board and will no doubt be a valuable asset for H2O Innovation".

"It is a pleasure to join the Board of Directors of H2O Innovation, an exciting and dynamic company. I look forward to focusing on the Company's growth, at a time where it is evolving from a North American leader to a more global player in the water treatment industry", said Lisa Henthorne, PE.

Lisa Henthorne holds a MS in Chemical Engineering from the Colorado School of Mines and a BS in Chemistry from the Missouri State University. Ms. Henthorne has over 25 years of extensive experience in the field of membranes and desalination in seawater, brackish water and wastewater reclamation applications. She served as a Vice President of CH2M HILL, a $6 billion global engineering and construction business, and was their Global Director of Desalination from 2004 to 2008. Over the course of her career, she has leaded and served as technical advisor on some of the world's largest desalination projects. She has also worked for the U.S. Bureau of Reclamation, the U.S. State Department and Aqua Resources International, a consulting firm specializing in desalination technology. She is Chief Technology Officer at Water Standard, where she is responsible for directing and developing the technology and design aspects of vessel-based desalination solutions. Ms. Henthorne was elected as the President of the International Desalination Association for the term 2007-2009, after having served on its Board since 1997.

Pursuant to the terms and conditions of the Company's stock option plan, H2O Innovation has granted 20,000 stock options to Ms. Henthorne. Each stock option entitles its holder the right to acquire one common share of the Company at a price of $0.75 before July 12, 2020.

Prospective disclosures

Certain statements set forth in this press release regarding the operations and the activities of H2O Innovation as well as other communications by the Company to the public that describe more generally management objectives, projections, estimates, expectations or forecasts may constitute forward-looking statements within the meaning of securities legislation. Forward-looking statements concern analysis and other information based on forecast future results and the estimate of amounts that cannot yet be yet determined. Forward-looking statements include the use of the words "expect", "believe", "estimate" and other similar terms as well as those usually used in the future and the conditional, notably regarding certain assumptions as to the success of a venture. Those forward-looking statements involve a number of risks and uncertainties which may result in actual and future results of the Company to be materially different than those indicated. Information about the risk factors to which the Company is exposed is provided in the Annual Information Form dated September 28, 2009 available on SEDAR (www.sedar.com). Unless required to do so pursuant to applicable securities legislation, H2O Innovation assumes no obligation to update or revise forward-looking statements contained in this press release or in other communications as a result of new information, future events and other changes.

About H2O Innovation 

With 10 years of experience developing water treatment solutions, H2O Innovation is establishing itself as a key player in sustainable development and clean technologies in North America and abroad. H2O Innovation designs, develops, and integrates custom-built water treatment systems for the production of drinking water, the reclamation of water, the treatment of wastewater and industrial process water in the municipal, commercial, industrial, oil & gas, mining, and energy markets. Additionally, the Company offers complete operating and maintenance solutions for membrane filtration and reverse osmosis systems. H2O Innovation has approximately 90 employees and eight offices including three manufacturing plants in Canada and the United States and is a founding partner of H2O Innovation India, a joint venture with Chembond Chemicals Ltd. of Mumbai, India. Shares of H2O Innovation are listed on the TSX Venture Exchange (HEO) as well as on the NYSE Euronext Alternext Exchange (MNEMO: ALHEO). For more information about H2O Innovation, visit www.h2oinnovation.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the Alternext Exchange accepts responsibility for the adequacy or accuracy of this release.

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