SHARC Energy Named Cohort 2 Finalist In New York Climate Exchange's Sustainable Solutions Challenge

2025-09-17 08:01:42

(MENAFN- GlobeNewsWire - Nasdaq) VANCOUVER, British Columbia, Sept. 17, 2025 (GLOBE NEWSWIRE) -- SHARC International Systems Inc . (CSE: SHRC ) (FSE: IWIA ) (OTCQB: INTWF ) ("SHARC Energy" or the“Company”), the pioneer in wastewater energy transfer (“WET”) , is pleased to announce that its best-in-class WET equipment has been selected as a Cohort 2 Finalist in the inaugural Sustainable Solutions Challenge hosted by The New York Climate Exchange (the“ Exchange ”).

The Sustainable Solutions Challenge is a global competition designed to identify and advance groundbreaking, implementation-ready innovations that address climate change and urban resilience. Finalists are recognized for their potential to integrate into The Climate Hub on Governors Island -a first-of-its-kind international center for climate education, research and innovation scheduled to open in 2029. The Challenge, made possible by Amazon Web Services (AWS) and Intel , VELUX and the Lower Manhattan Cultural Council , drew over 100 submissions representing 11 countries across 4 continents.

As a Cohort 2 finalist, SHARC Energy will be featured during The Exchange's Finalist Showcase at Climate Week NYC 2025 on Thursday, September 25, on Governors Island, where attendees will have the opportunity to engage with SHARC's innovative wastewater energy recovery technology. The Company will be displaying an at-scale 3D model of the SHARC 660 WET system currently in operation at the Alafia campus in East New York, Brooklyn. The Showcase will convene 150 stakeholders-including urban planners, developers, investors, researchers, architects, climate entrepreneurs and public officials.

Importantly, SHARC Energy is pleased to be featured alongside a host of other complementary technologies - together representing a portfolio of innovations that can accelerate the adoption of climate-resilient solutions across infrastructure, buildings, and communities.

Participation in Cohort 2 enables SHARC Energy to highlight the role of wastewater energy transfer in creating low-carbon, energy-efficient infrastructure for buildings and communities. The Company also acknowledges the ongoing support of the New York State Energy Research and Development Authority (“NYSERDA”) and Con Edison , whose leadership is helping accelerate the deployment of clean energy and resilient infrastructure solutions in New York.

“Being named a Cohort 2 finalist by the New York Climate Exchange is an important recognition of the role WET can play in decarbonizing cities,” said Michael Albertson, CEO of SHARC Energy.“We are excited to showcase our technology during Climate Week NYC, alongside complementary solutions, and to explore integration pathways in partnership with the Exchange, NYSERDA, Con Edison, and other stakeholders committed to advancing New York's bold climate action goals.”

For more information regarding SHARC Energy and its projects, please visit .

About SHARC Energy

SHARC International Systems Inc. is a world leader in energy recovery from the wastewater we send down the drain every day. SHARC Energy's systems recycle thermal energy from wastewater, generating one of the most energy-efficient and economical systems for heating, cooling & hot water production for commercial, residential, and industrial buildings along with thermal energy networks, commonly referred to as“District Energy”.

SHARC Energy is publicly traded in Canada (CSE: SHRC ), the United States (OTCQB: INTWF ) and Germany (Frankfurt: IWIA ) and you can find out more on our SEDAR profile.

ON BEHALF OF THE BOARD

Fred Andriano
Chairman

For investor inquiries, please contact:	For media inquiries, please contact:
Hanspaul Pannu	John Louis Fahie
Chief Financial & Operating Officer	Marketing
SHARC Energy	SHARC Energy
Telephone: (604) 475-7710 ext. 4	Telephone: 604.475.7710 Ext.109
Email: ...	Email: ...

The Canadian Securities Exchange does not accept 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 using 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 Energy's actual results could differ materially from those anticipated in this forward-looking information because 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 Energy 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 because of new information, future events or otherwise, except as required by applicable securities legislation.

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