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Critical Elements Lithium, CRECF, CRE, Company Profile, Stock Summary 

Critical Elements Lithium Corp., OTCQX: CRECF, TSX.V: CRE, FSE: F12, is a Canadian company based in Montreal, Quebec, the company has several high potential mining properties, however, the management is laser focused on developing its largest and most advanced Rose Lithium Project.  

Rose Lithium Project 

Critical Elements can become one of Canada’s largest Lithium producers. Critical Elements is advancing the wholly owned, high purity Rose lithium project in Québec. Rose is the Corporation’s first lithium project to be advanced within a land portfolio of over 700 square kilometers. 

The project has received approval from the Federal Minister of Environment and Climate Change on the recommendation of the Joint Assessment Committee, comprised of representatives from the Impact Assessment Agency of Canada and the Cree Nation Government; The Corporation is working to obtain similar approval under the Québec environmental assessment process. 

Location, Location, Location 

Quebec is emerging as the epicenter of Lithium and other Critical Metals, Quebec can become one of the largest suppliers of critical metals to the rapidly expanding Electrical Vehicle market, its proximity to Detroit and the sprawling Battery-Belt makes Quebec an ideal location for large scale mining investment destination. 

Quebec has what it takes to be the leading producer/supplier of Lithium and other Critical Metals – Plentiful, Low-Cost Electricity. Quebec is the Hydro-Electric hub of North America, as the Lowest-Cost Electricity producer for a power-hungry industry that requires a mind-boggling amount of power to extract and refine the metal makes Quebec one of the most economically attractive Lithium producing regions in the world.  

 

Management 

Jean-Sébastien Lavallée, CEO
Over 26 years of experience in mining exploration
Has served as the CEO of Critical Elements Lithium since 2009 

The Team includes: 
Former Rockwood Lithium CEO and CFO possess strong lithium development and operational knowledge 

Steffen Haber, President
Former CEO and President of Rockwood Lithium
Instrumental in the sale of Rockwood to Albemarle for US$6.2 billion in January 2015 

▪ Marcus Brune, Director and VP, Finance 
Previously served as CFO of Rockwood Lithium from 2011 up until its acquisition
Worked in different executive positions in corporate finance and M&A for Rockwood Holdings and its predecessor
companies since 2004
Seasoned developers and mine operators with experience in de-risking large-scale projects from the
point of discovery to production

▪ Yves Perron, VP Engineering, Construction and reliability 
Over 25 years of experience in project management in the industrial sector within major international firms
Former VP Engineering and Construction for Stornoway Diamond, VP Engineering and Construction for Mason Graphite VP
Engineering and Construction for Loop Industries 

▪ Paul Bonneville, Project Manager
Over 30 years of operational experience in the Canadian mining industry
Former VP, Operations of Scorpio Mining and VP, Mines for Cadiscor Resources 

 
▪ Jacqueline Leroux, Environmental Consultant 
Over 20 years of environmental experience in the Canadian mining industry
Successfully conducted the environmental processes for BlackRock Metals, Mason Graphite and Newmont Goldcorp’s Eléonore
project 

 

About Daily Stock Deals 

Daily Stock Deals helps emerging growth companies reach individual and institutional investors. Daily Stock Deals and its affiliates publish research reports, market analysis and daily stock picks to help investors make informed decisions and achieve their individual investment goals. Our Platform is supported by companies we profile on our network, therefore, our views are neither free of conflict, nor intended as advise to buy/sell any securities and we strongly urge you to read our TOS, Disclaimer/Disclosure and consult with qualified experts. If you would like to get your company featured on Daily Stock Deals network or have any questions, please feel free to contact the editor. editor@DailyStockDeals.com thanks! 

Daily Stock Deals is an affiliated/partner property, please read TOS/Disclaimer/Disclosure, thanks! 

 

Editor, Daily Stock Deals 

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Source: The Company, OxBridge Research, Daily Stock Deals, PennyStockIQ    

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OTLC Keytruda Combination Therapy

OTLC, Oncotelic, Company Profile

Oncotelic Therapeutics, OTLC, is a unique company at the cutting edge of medical research and discovery of precision medicine – Oncotelic is creating new pathways by combining AI tools to accelerate discovery by a magnitude, the AI (in the cloud) helps their team of scientists select the best and most effective molecules, eliminate subpar molecules from the earliest stage of discovery, thereby, saving precious time and increasing the chances of breakthrough discoveries, eliminating the probability of errors and omission by a significant margin, and by merging the AI tools with proven expertise in medicine, the Oncotelic team has cut the time and reduced R&D budget leakage and waste by a huge margin, at Oncotelic every R&D dollar is optimized to deliver better ROI and highly effective drugs/therapies in the most efficient manner than ever before.

Oncotelic is led by one of the most renowned scientists in America, a pioneer in immuno-oncology, a man with 39 Patents to his name and over 100 Patent Applications Pending – Dr. Vuong Trieu.
Dr. Vuong was a joint patent holder who helped develop the block-buster billion dollar drug Abraxane™   – now owned by Bristol-Myers Squibb, NYSE: BMY, a $144 billion dollar company.

Dr. Vuong has put together a team of highly distinguished scientists and researchers, and a superb management team with years of proven marketing, brand building and scaling experience – a team that has turned startups into multi-billion dollar enterprises.

Oncotelic Developing Distinct Drugs Targeting Several Extremely Brutal Diseases (Each of them has the potential to be a block buster) let’s focus on one for now.

Primary Focus:

The one we are most excited about for the time being (without diminishing the importance of the other drugs that are in various stages of development) is a potential therapy that could increase the efficacy of an existing FDA approved drug (by as much as 100%) a drug that has generated over $17 billion in revenue last year alone and expected to hit $20 billion in 2025. The name of the drug is Keytruda owned by Merck.

Keytruda meet > OT-101

What Dr. Vuong and his excellent team did here is absolutely breathtaking! Dr. Vuong likes Keytruda, it’s great and it’s helping a lot of folks but it could do more, a whole lot more!  When you combine the existing drug (Keytruda) with Dr. Vuong’s breakthrough discovery (after the FDA approval) the initial indications are that the rate of efficacy of Keytruda can increase by up to 100%!

Dr. Vuong’s newly discovered – inhibitor blocker eliminator – when given to patients along with Keytruda, the patients who are currently not benefiting can benefit! Imagine the relief combo-therapy can bring to the patients and their families around the world, right now, a lot of patients who can not benefit from Keytruda alone – can soon benefit from the combination therapy which Dr. Vuong has discovered!

Dr. Voung’s discovery is one of the most brilliant things I’ve ever seen –  let me recap – A highly successful FDA approved Block Buster Drug that’s on the market today, whose efficacy can jump as much as 100% from where it is now – That’s what motivates me and the team at Oncotelic, a lot of patients and their families are needlessly suffering now!

As an investor you obviously look at the size of addressable market and that’s what motivates investors, right?  As I’ve mentioned Keytruda has made $17 billion for Merck last year – if Dr. Vuong’s invention/discovery helps increase the efficacy rate of Keytruda even by only 50%, you do the math!  We are talking about an opportunity worth billions! Think about it.

OT-101 Pipeline

Oncotelic is an artificial intelligence driven immuno-oncology company with a robust pipeline of first in class TGF-β immunotherapies for late stage cancers such as gliomas, pancreatic cancer and melanoma. OT-101, the lead immuno-oncology drug candidate of Oncotelic, is a first-in-class anti-TGF-β RNA therapeutic that exhibited single agent activity in relapsed/refractory cancer patients.

Rare Pediatric Cancer Designation

Oncotelic is seeking to leverage its deep expertise in oncology drug development to improve treatment outcomes and survival of cancer patients with a special emphasis on rare pediatric cancers. Oncotelic also has rare pediatric designation for DIPG (OT-101), melanoma (CA4P), and AML (OXi 4503). The Company also acquired (“PointR”) Data in November 2019.

Management Team

Dr. Voung Trieu, PHD,  CEO, Chairman

Dr. Trieu, an expert in pharmaceutical development, currently serves as CEO/Chairman of Oncotelic Inc. Previously he was President and CEO of Igdrasol- developer of 2nd generation Abraxane- where he pioneer the regulatory pathway for approval of paclitaxel nanomedicine through a single bioequivalence trial against Abraxane. When Igdrasol merged with Sorrento Therapeutics, he became CSO and Board Director. He was Board Director of Cenomed- a company focusing on CNS drug development. Before that he was Director of Pharmacology, Pharmacokinetics, and Biology at Abraxis where he lead the development of albumin encapsulated therapeutics along building high throughput platform for small molecules, mirRNA, kinases. Prior to that he was Group Leader at Applied Molecular Evoluton where he was developing biobetter for Humira and Enbrel. Before that he was Director of Cardiovascular Biology at Parker Hughes Institute. Dr. Trieu holds a PhD in Microbiology, BS in Microbiology and Botany. He is member of ENDO, ASCO, AACR, and many other professional organization. Dr. Trieu published widely in oncology, cardiovascular, and drug development. Dr. Trieu has over 100 patent applications and 39 issued US patents.

Seymour Fein, MD, CMO

Dr. Fein’s professional activities have been focused on drug development research for over 35 years. He has been extensively involved in the successful evelopment of numerous drugs, biologics and medical devices over this time leading to FDA approvals for over 20 drugs (NDAs, sNDAs, BLAs) and devices (PMAs). Dr. Fein began his career at Hoffmann-La Roche Ltd. as a senior research physician and was responsible for a clinical development program that led to U.S. Food and Drug Administration (FDA) approval of recombinant interferon-alpha for cancer treatment. Dr. Fein was also the medical director of Bayer Healthcare Pharmaceuticals (U.S.) where he was responsible for therapeutic areas including gastroenterology, oncology, and cardiology. He later served as medical director for Rorer Group (now part of Sanofi) and Ohmeda (now part of Baxter). Dr. Fein founded and has been managing partner of a clinical and regulatory consulting organization and has worked closely with the Division of Gastroenterology and Inborn Errors Products at the FDA. He has participated in the development of and FDA approval of numerous drug products in many therapeutic areas. Dr. Fein has successfully overseen entrepreneurial drug development leading to the FDA approval of two orphan drug products in the field of gastroenterology.

Dr. Fein received his B.A. degree from the University of Pennsylvania and his M.D. degree with honors from New York Medical College. He completed a three-year residency in internal medicine at Dartmouth and a three-year fellowship in medical oncology and hematology at Harvard Medical School, where he served as an instructor of medicine during his final fellowship year. Dr. Fein is board-certified in both oncology and internal medicine.

Amit Shah, CFO

Amit Shah, age 53, has served as a senior financial officer for a number of life science companies, including Chief Financial Officer at Marina Biotech, Inc., a publicly traded biotechnology company (2017 to 2018); Vice President of Finance & Accounting and Acting Chief Financial Officer at Insightra Medical Inc. (2014 to 2015); VP Finance and Acting Chief Financial Officer at IgDraSol Inc. (2013); Corporate Controller & Director of Finance at ISTA Pharmaceuticals (2010 to 2012); Corporate Controller at Spectrum Pharmaceuticals (2007 to 2010): and as Controller / Senior Manager Internal Audits at Caraco Pharmaceuticals Laboratories (2000 to 2007). In addition to his work with life sciences companies, Mr. Shah served as the Chief Financial Officer at Eagle Business Performance Services, a management consulting and business advisory firm (2018 through March 2019) and as a consultant and ultimately Senior Director of Finance – ERP, at Young’s Market Company (2015 to 2017). Mr. Shah received a Bachelor’s of Commerce degree from the University of Mumbai, and is an Associate Chartered Accountant from The Institute of Chartered Accountants of India. Mr. Shah is also an inactive CPA from Colorado, USA

Saran Saund, CBO/GM of AI Division

Silicon Valley entrepreneur, Saran has been founder, CEO and GM at startups and public companies. Passionate about applying technology innovations to real world markets, he successfully founded an AI consortium to accelerate enterprise adoption of AI which engaged leading universities and technology vendors. A startup veteran, his track record includes senior leadership roles at companies that were acquired by leaders such as Marvell (MRVL) and Qualcomm (QCOM). His startup Cybercash (CYCH) had a successful IPO on NASDAQ. Saran started his career at Xerox PARC pushing 1’s and 0’s as a software engineer

Anthony E. Maida III, PhD, Chief Clinical Officer-Translational Medicine

Dr. Maida, an expert in immuno-oncology, currently serves as Senior Vice President – Clinical Research at Northwest Biotherapeutics, Inc. Prior to joining Northwest Dr. Maida served as Vice President, Clinical Research and General Manager, Oncology, World-wide at PharmaNet, Inc. Prior to joining PharmaNet Dr. Maida served as Chairman, Founder and Director of BioConsul Drug Development Corporation and Principal of Anthony Maida Consulting International, servicing pharmaceutical firms, venture capital, hedge funds and Wall Street. Dr. Maida’s skill set includes the leading execution and oversight of finance, operations, research, clinical and scientific development, regulatory and manufacturing for the development of various oncology immunotherapies. Over the past 25 years Dr. Maida has served in a number of executive roles, including, Chairman, CEO, COO, CSO, CFO and business development. Over recent years Dr. Maida has raised, or assisted in financings, nearly $200 million for emerging biotechnology companies. Dr. Maida serves as an advisor, consultant and technical analyst for CMX Capital, LLC, Sagamore Bioventures, Roaring Fork Capital, Toucan Capital, North Sound Capital, The Bonnie J. Addario Lung Cancer Foundation and vFinance; the later three companies are located on the East Coast. Additionally, Dr. Maida has been retained by Abraxis BioScience, Inc., Northwest BioTherapeutics, Inc. and Takeda Chemical Industries, Ltd. (Osaka, Japan). Dr. Maida holds a Ph.D. in Immunology, a B.A. degree in Biology, a B.A. Degree in History, a MBA and a MA in toxicology. He is a member of the American Society of Clinical Oncology (ASCO), the American Association for Cancer Research

About Daily Stock Deals/PennyStockIQ

Daily Stock Deals helps emerging growth companies reach individual and institutional investors. Daily Stock Deals and its affiliates publish research reports, market analysis and daily stock picks to help investors make informed decisions and achieve their individual investment goals. Our Platform is supported by companies we profile on our network, therefore, our views are neither free of conflict, nor intended as advise to buy/sell any securities and we strongly urge you to read our TOS, Disclaimer/Disclosure and consult with qualified experts. If you would like to get your company featured on Daily Stock Deals network or have any questions, please feel free to contact the editor. editor@DailyStockDeals.com thanks!

Daily Stock Deals is an affiliated/partner property, please read TOS/Disclaimer/Disclosure, thanks!

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iQSTEL, IQST, Company Profile, Summary

iQSTEL, IQST,  is based in Florida and serves mainly countries in the Caribbean and Latin America, the  region of Latin America and the Caribbean is one of the fastest growing consumer markets in the world.

The company’s top executives have a great insight and deep knowledge of the region, its people and know how the governments in these countries operate. The unique insight has helped the company establish successful telecom, transport and financial services in each country then they managed to interconnect consumers from their neighboring countries, opening up more opportunities for people to communicate and trade and loop back to the USA, making the network as a whole more valuable and scalable. iQSTEL has created a vibrant ecosystem that has been growing each year, contributing double digit revenue gains and helping company introduce new services and gain more customers.

Telecom: Services: SMS, VoIP, PBX, Omnichanel services, International Fiber-Optic connectivity for 5G.

Electric Vehicle (EV): Services: Electric Motorcycles for Latin America, One – Stop – Shop solutions for Electric Vehicles (EV) industry: EV Batteries, EV Chargers, EV Battery Management System, IoT Connectivity, Mobile App for EV connectivity, EV Dashboard Display, etc.

Fintech : Services: Visa/Mastercard Money One (Visa/Mastercard debit card), Remittances, Mobile Top Up, Cryptocurrencies Exchange Services.

Technology (IoT): Services: Internet of Things (IoT) Devices and Platforms IoTSmartGas, IoTSmartTank.

Blockchain: Services: Blockchain Platforms Solutions: Mobile Number Portability Application (MNPA), Settlement and Payment Marketplace (SPM).

About Daily Stock Deals / Penny Stock IQ

Daily Stock Deals helps emerging growth companies reach individual and institutional investors. Daily Stock Deals and its affiliates publish research reports, market analysis and daily stock picks to help investors make informed decisions and achieve their individual investment goals. Our Platform is supported by companies we profile on our network, therefore, our views are neither free of conflict, nor intended as advise to buy/sell any securities and we strongly urge you to read our TOS, Disclaimer/Disclosure and consult with qualified experts. If you would like to get your company featured on Daily Stock Deals network or have any questions, please feel free to contact the editor. editor@DailyStockDeals.comthanks!

Daily Stock Deals is an affiliated/partner property, please read TOS/Disclaimer/Disclosure, thanks!

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Orchid Ventures Reports Fiscal Year End 2019 Financial Results

Orchid Ventures Announces FYE 2019 Financial Results

IRVINE, CA / ACCESSWIRE / October 1, 2019 / Premium cannabis brand Orchid Ventures, Inc. (CSE:ORCD) (OTC PINK:ORVRF) (“Orchid Ventures” or the “Company”) today released its consolidated financial results for the fiscal year end 2019. All financial information for the period ended May 31, 2019 is reported in US dollars, unless otherwise indicated.

“We are making steady progress on our revenue generating strategic priorities while simultaneously remaining vigilant of our commitment to our customers, our shareholders and our employees. We remain focused on creating the highest standards in cannabis and creating safe, quality products while maintaining a low cost profile. We are proud to present our year end results and continue to improve our trajectory as a Company. I am motivated by our team’s dedication and hard-work to date, and excited for the acquisitions that have been made so far in fiscal year 2020.” says Corey Mangold, CEO & Founder of Orchid Ventures

FINANCIAL COMMENTARY:

The net assets of the Company improved significantly from 2018. Net assets increased from a deficiency of $633,947 at May 31, 2018 to $2,933,140 at May 31, 2019, an increase of $3,567,087.

Working capital as at May 31, 2019 was $2,580,475, a significant improvement from the year prior’s deficiency of $690,465. The increase in working capital is mostly attributed to a 53% increase in the Company’s trade receivables.

Revenue increased by $3 million (or 123%) from $2.5 million to $5.5 million for the year ended May 31, 2019. The increase in sales were from expanding into California in January 2019.

Gross profit for the year ended May 31, 2019 increased to $1,973,118 (36% of revenues) compared to $1,256,918 for the year ended May 31, 2018 (51% of revenues). Gross profit decreased due to lower margins being realized in the California market as well as specific pricing reductions in Oregon. In addition, the Company has written down a portion of its older inventory that was purchased in 2019 that was included in cost of sales.

Operating expenses from ongoing operations for the Company increased by 63%, or by $1.82 million. The increase in costs is a result of the Company’s focused expansion in the Oregon cannabis market. Other reasons include costs associated with the reverse take-over and listing on the CSE, and costs associated with the regulatory environment of being a new publicly traded entity. Furthermore, the Company’s expansion required significant expenditures in compensation costs, administrative, and rent and utilities.

The Company’s net loss from ongoing operations increased from $1.7 million in 2018 to $2.35 million in 2019. Net loss from ongoing operations excludes non-cash items such as share-based payment and listing expenses, which totaled $4.3 million.

2019 HIGHLIGHTS

  • Launched line of Orchid Essentials products in California and revenue increased by 123%, from $2.5 million in 2018 to $5.5 million in 2019.
  • Launched 9 new SKU’s which also helped drive new customers and new sales
  • Acquired Forrest Green Distribution in Long Beach, CA with a BCC Type-11 provisional distribution license
  • Acquired a distribution license with light manufacturing in Clackamas, OR
  • Began filling cartridges and finished goods packaging in Oregon which led to a reduction in costs
  • Listed on the CSE (CSE:ORCD) through a reverse takeover (RTO) of Earny Resources
  • Management team changes and formation of a Board of Directors including independents Tom Soto & Robert MacDonald

ADDITIONAL INFORMATION

Additional information relating to the Company’s fiscal year end 2019 results is available on SEDAR at www.sedar.com in the Company’s Interim Financial Statements and Management Discussion & Analysis (“MD&A”) for the year.

The Company will hold an earnings call on Thursday, October 17th at 10am PT (1pm ET). Individuals interested in listening to the conference call may do so by dialing (844) 407-9500 for domestic calls or (862) 298-0850 for international calls. To listen to a live webcast, please visit: https://www.investornetwork.com/event/presentation/53829.

The call will provide details surrounding the recently released financial statements and provide an opportunity for Q&A.

A replay of the call will be available until October 24th, 2019. To access the replay, dial (877) 481-4010 for domestic calls or (919) 882-2331 for international calls. The replay passcode is 53829. The webcast will be available until January 17th, 2019 at https://www.investornetwork.com/event/presentation/53829.

ABOUT ORCHID ESSENTIALS

Orchid Essentials is an Irvine, CA based multi-state operator that launched in Oregon and California in August 2017 and has since developed a mass-market brand and loyal consumer following with its premium cannabis products. Orchid’s product lines are currently sold in 350+ dispensaries across California and Oregon and are handcrafted and designed for optimal user-experience and overall enjoyment. The company’s proven processes and passion for what it does carry through into its products. The end result is an unparalleled experience for new and practiced cannabis users alike. Orchid plans to expand its operations into new national markets, as well as global markets such as Latin America and Europe. With a continued focus on brand and intellectual property development, Orchid will continue to execute strategic acquisitions to further solidify it’s vertically integrated infrastructure with the goal of becoming a dominant premium cannabis company in the United States. Orchid’s management brings significant branding, product development and distribution experience with a proven track record of scaling revenues, building value-generating partnerships and creating enterprise value. Learn more at https://orchidessentials.com/.

ON BEHALF OF THE BOARD OF DIRECTORS – ORCHID VENTURES, INC.

Corey Mangold
CEO and Director
investors@orchidessentials.com

Investor Relations

Antonio Cruz
(949) 769-3859
a.cruz@orchidventures.com

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding “Forward-Looking” Information
SOURCE: Orchid Ventures, Inc.

*Orchid Ventures is a client

Editor https://dailystockdeals.com/     http://pennystockiq.com/

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Orchid Ventures Announces State Approval of a Type 11 Distribution License

CA Forrest Green Distribution, LLC, a subsidiary of Orchid Ventures, is granted a provisional distribution license by the BCC

IRVINE, CA / ACCESSWIRE / August 9, 2019 / Premium cannabis brand Orchid Ventures, Inc. (OTC PINK:ORVRF) (CNSX:ORCD) (“Orchid Ventures” or the “Company”) announces the Bureau of Cannabis Control (“BCC”) has granted the Company a provisional distribution license.

Orchid Venture, Inc.’s subsidiary, CA Forrest Green Distribution, LLC, a California limited liability company, was approved for a provisional Type 11 Cannabis distribution license with the Bureau of Cannabis Control (C11-0000967-LIC) for its Long Beach location. The Type 11 distribution license gives licensees the ability to distribute products, store, package, test, transport, re-package, label, and re-label cannabis, including pre-rolled cannabis for retail sale.

Orchid Ventures plans to use the licensed facility as a packaging and distribution center. Although this is a distribution license, the Company doesn’t plan to self distribute products in California.

“This furthers our California footprint and our ability to maintain appropriate stock levels and adds agility to our supply chain,” commented Orchid Ventures CEO and Director, Corey Mangold. “We have a great distributor in California in Indus Holdings, Inc. (CSE:INDS) and have no intention or interest in moving away from this partnership, in fact we are working with Indus to further our involvement and partnership.”

In addition, last week Orchid Ventures hired Rick Brown as its President. Orchid Ventures is paying Mr. Brown partially in stock the total of 200,000 shares of common stock (“Shares”) at CAD$.30 per share and is granting him an option to purchase 1,200,000 Shares at CAD$.30 pursuant to the Company’s 2019 Stock Option Plan. None of the Shares have been or will be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and any Shares are anticipated to be issued in reliance upon available exemptions from such registration requirements pursuant to Rule 506(b) of Regulation D and/or Section 4(a)(2) of the U.S. Securities Act and applicable exemptions under state securities laws. In addition, the securities issued under an exemption from the registration requirements of the U.S. Securities Act will be “restricted securities” as defined under Rule 144(a)(3) of the U.S. Securities Act and will contain the appropriate restrictive legend as required under the U.S. Securities Act.

ABOUT ORCHID ESSENTIALS

Orchid Essentials is an Irvine, Calif.-based brand that launched in Oregon and California in August 2017 and has since developed a mass-market brand and loyal consumer following with its premium vape products. Orchid’s products lines are currently sold in 350+ dispensaries across California and Oregon and are handcrafted and designed for maximum flavor and overall enjoyment. The company’s proven processes and passion for what it does carry through into its products. The end result is an unparalleled experience for new and practiced cannabis users alike. Orchid plans to expand its brand into new national markets, as well as global markets such as Latin America and Europe. With a continued focus on brand and intellectual property development, Orchid will execute strategic acquisitions to solidify an integrated cannabis manufacturing and distribution infrastructure with the goal of becoming a dominant premium cannabis brand in the United States. Orchid’s management brings significant branding, product development and distribution experience with a proven track record of scaling revenues, building value generating partnerships and creating enterprise value. Learn more at https://orchidessentials.com/.

ON BEHALF OF THE BOARD OF DIRECTORS – ORCHID VENTURES, INC.

Corey Mangold
CEO and Director
investors@orchidessentials.com

Investor Relations
Antonio Cruz
(949) 769-3859
a.cruz@orchidventures.com

THE CANADIAN SECURITIES EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE

source: Orchid Ventures

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Synthetic cannabinoids: What are they? 

Synthetic cannabinoids can cause severe illness and death.

Warning! The Illinois Department of Public Health (IDPH) has received reports of multiple cases, including some deaths, of severe bleeding among people who have used contaminated synthetic cannabinoids. Other states also have reported similar cases. If you have purchased any of this product (e.g., K2, spice, and synthetic marijuana) since March 1, 2018, do not use it. In addition to these particular products, consumption of any synthetic marijuana poses health risks and should be avoided. If you have used any of these products and start experiencing severe, unexplained bleeding or bruising, please have someone take you to the hospital immediately or call 911. Do not walk or drive yourself. Tell your health care providers about the possible link between your symptoms and synthetic cannabinoid use. CDC’s Clinical Action alert

See how one small company trading on OTC went from a mere $0.20 cents to $9.00 in just 6 months! CVSI has risen rapidly in the past six months, the company’s market cap is well over $700 million dollars today!   CVSI was known as CannaVest Corp. came under SEC scrutiny in the past. See the details below:

https://dailystockdeals.com/more/financial-press/1235-sec-charges-ceo-and-hemp-oil-company-with-fraud-securities-and-exchange-commission-v-cannavest-corp-a-k-a-cv-sciences-cvsi-and-michael-j-mona-jr

CVSI is now on a tear after reaching a settlement with the SEC. A remarkable story of CVSI see chart

Synthetic cannabinoids are not one drug. Hundreds of different synthetic cannabinoid chemicals are manufactured and sold. New ones with unknown health risks become available each year. Synthetic cannabinoids are popular because users often believe they are legal and relatively safe.

These chemicals are called cannabinoids because they act on the same brain cell receptors as tetrahydrocannabinol (THC), the main active ingredient in marijuana. However, the hundreds of known synthetic cannabinoid chemicals and THC are different chemicals. In fact, synthetic cannabinoids may affect the brain in different and unpredictable ways compared to marijuana.

Synthetic cannabinoids are used in a variety of ways:

  • Sprayed onto plant material and smoked
  • Mixed into a liquid and vaped in electronic nicotine delivery devices (such as e-cigarettes)
  • Added to herbal tea or to food and swallowed

Synthetic cannabinoids are widely available.

Consumers can buy synthetic cannabinoids in convenience stores, from individual drug dealers, or online as incense or natural herbal products.They are sold under a number of brand names, including

  • K2
  • Spice
  • AK-47
  • Happy
  • Scooby Snax
  • Kush
  • Kronic

Many synthetic cannabinoids are illegal.

  • The federal government has banned many specific synthetic cannabinoids. Many state and local governments have passed their own laws targeting other synthetic cannabinoids.
  • Recent federal and state laws targeting synthetic cannabinoids have banned general categories of ingredients, rather than specific chemicals.
  • Makers of synthetic cannabinoids try to get around these laws by creating new products with different ingredients or by labeling them “not for human consumption.”

Synthetic cannabinoid products are unsafe. It is hard to know what the products contain or what your reaction to them will be.

  • There are no standards for making, packaging, or selling synthetic cannabinoid chemicals. That means that two packets of a brand-named product may have completely different chemicals.
  • The amount of the synthetic cannabinoid chemical(s) can vary between batches or even within the same batch.
  • Synthetic cannabinoid products may also be contaminated with other drugs or toxic chemicals, such as synthetic cathinones (“bath salts,” “flakka”).

Synthetic cannabinoids can harm your health.

Synthetic cannabinoids can cause severe illness and death.

Synthetic cannabinoids can affect brain function. Signs and symptoms include:

  • Agitation and irritability
  • Confusion and concentration problems
  • Hallucinations, delusions, psychosis, suicidal thoughts, and violent behavior
  • Seizures
  • Sleepiness and dizziness

Fentanyl: a powerful synthetic opioid, is often mixed into heroin or cocaine. It is 50 times more powerful than heroin, 100 times more powerful than morphine and can kill a user almost instantly.

By Sari Horwitz   Reporter, Washington Post

CONCORD, N.H. — Attorney General Jeff Sessions on Thursday ordered federal prosecutors in 10 areas that have been especially hard-hit by overdose deaths from fentanyl to bring drug charges against anyone suspected of dealing the synthetic opioid, regardless of quantity.

An additional prosecutor will also be sent to each of the designated areas in Ohio, Tennessee, Kentucky, West Virginia, Maine, California and Pennsylvania as well as in New Hampshire, Sessions said.

“Fentanyl is a killer drug,” Sessions said in an interview Thursday morning as he flew to New Hampshire to meet with state and local law enforcement officials about the fentanyl crisis. “Fentanyl is so powerful that the slightest error in how much you take can go from this extremely pleasurable feeling to death.”

According to the Centers for Disease Control and Prevention, more than 42,000 Americans died of opioid overdoses in 2016, a figure driven by a dramatic surge in deaths from fentanyl and other synthetic opioids.

West Virginia had the highest number of drug overdoses, with 52 deaths per 100,000 residents, while New Hampshire and Ohio were the next-highest-ranking states, with 39 deaths per 100,000 residents.

“Having a prosecutor solely dedicated to working these fentanyl cases is going to be a huge, enormous benefit to us here,” said Brian Boyle, the Drug Enforcement Administration special agent in charge of the New England Field Division, who described the fentanyl problem as “scary.”

“The amount of fentanyl we’re seeing is affecting everybody, all walks of life, all communities,” Boyle said. “You’re seeing it in rural areas, urban areas, big cities, middle-of-nowhere areas in New England.”

Fentanyl, a powerful synthetic opioid, is often mixed into heroin or cocaine. It is 50 times more powerful than heroin, 100 times more powerful than morphine and can kill a user almost instantly.

Source: CDC, Washington Post, Oxbridge Research, Daily Stock Deals

U.S. Attorney General Jeff Sessions on Thursday announced a targeted crackdown on fentanyl (Jonathan Ernst/Reuters)

SHARC Announces Agreement with Air Treatment Corp. to Represent Sharc Systems in Western USA and US Island Territory Markets

GlobeNewswire•May 25, 2018

“It’s an honor to represent their remarkably innovative technology in the Western United States market,” – Vice President of Sales of Air Treatment

VANCOUVER, British Columbia, May 25, 2018 (GLOBE NEWSWIRE) — SHARC International Systems Inc. (CSE:SHRC) (IWIA.F) (INTWF)(“SHARC”) is pleased to announce that it has entered Sales Representative Agreements (“Sales Agreement”) with Air Treatment Corporation (“Air Treatment”).

Under the terms of the Sales Agreement, Air Treatment has been authorized to sell Vancouver based SHARC products throughout the California, Arizona, Utah, Idaho, Colorado, Hawaii, Nevada and, U.S. island territory of Guam in Micronesia, effective immediately.

We are excited about extending our product lines into the Western United States with Air Treatment,” said Mr. Mueller. “Craig and the whole team shares our mission to revolutionize the HVAC industry and recognises the enormous potential of SHARC technology. It’s a great fit.”

The partnership combines SHARC’s unique and innovative waste water energy recycling technology, which provides efficient and economical space heating and cooling for commercial, residential and industrial buildings, with Air Treatment’s leading experts in commercial and industrial HVAC and refrigeration system solutions as a world class manufacturer’s representative firm.

Los Angeles based Air Treatment represent over four dozen companies and systems from specialty refrigeration equipment, condensing boilers, cooling towers, custom air handling units, to vertical in-line centrifugal pumps. The team consists of skilled and experienced staff dedicated to providing application and product selection assistance to consulting engineers, design build contractors, sound consultants and architects that are committed to ensuring buildings operate as efficiently as possible. Air Treatment encourages community involvement and family based company activities to distinguish itself from our competitors and believes this will enhance our family oriented culture and result in happier employees.

“SHARC shares our commitment to challenging the status quo by increasing building efficiency, and it’s an honor to represent their remarkably innovative technology in the Western United States market,” said Craig Domagala, Vice President of Sales of Air Treatment.”

About AIR TREATMENT

Air Treatment is an HVAC & R Manufacture’s Representative Firm that has been serving the industry for nearly 35 years. Our staff practices active listening skills, partnering with our customer’s to clearly identify their needs. Our system solutions are always mindful of the most efficient use of energy and water. Once a system solution has been implemented, start up services as well as any warranty execution is performed by our factory certified Service Technicians.

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 (INTWF) and Germany (IWIA.F).

Further information about the Company is available on our website at www.sharcenergy.com or 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:
Ray Crowley
Telephone: 604 782 0773
Email: ray.crowley@sharcenergy.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts 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 by the use of 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’s actual results could differ materially from those anticipated in this forward-looking information as a result 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 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 as a result of new information, future events or otherwise, except as required by applicable securities legislation.

SHARC International Announces Closing of First Tranche of Non-Brokered Private Placement

GlobeNewswire•May 15, 2018

VANCOUVER, British Columbia, May 15, 2018 (GLOBE NEWSWIRE) — SHARC International Systems Inc. (CSE:SHRC) (IWIA.F) (INTWF) (“SHARC”) is pleased to announce that it has closed the first tranche a Non-Brokered Private Placement (the “Private Placement”) raising gross proceeds, of $2,332,598.00 from the issuance and sale of 5,831,495 Units at a price of $0.40 per Unit. No new insiders were created, nor any change of control occurred, as a result of this Private Placement.

Each Unit at a purchase price of $0.40 per Unit, and the Unit consists of one (1) common share (“Common Share”) of the Company and one (1) non-transferable share purchase warrant (“Warrant”).

Lynn Mueller, President and CEO commented, “We are very pleased with the wide level of support investors have in SHARC and the Private Placement. As a result of the successful closing of the first tranche, we have the funding required to advance and expedite the product development. This financing is a major milestone for SHARC as it continues to build shareholder value and advance projects worldwide.”

Each Warrant will entitle the holder to acquire one (1) Common Share at an exercise price of $0.60 for a period of 24 months from the closing date of the Private Placement. In the event that the Company’s common shares trade at a closing price on the Exchange of greater than $1.00 per share for a period of 10 consecutive trading days at any time after the closing date, the Company may accelerate the expiry date of the Warrants by giving notice to the holders thereof and in such case the Warrants will expire on the 30th day after the date hereafter referred to as the (“Eligible Acceleration Date”) on which such notice is given by the Company.

These Common Shares and Warrants issued under the first tranche of the Private Placement will be subject to a four month and one day resale restriction expiring August 11, 2018.

All securities issued in the financing will be subject to a statutory hold period expiring four months and one day after closing of the financing. Completion of the financing is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals, including approval of the Canadian Securities Exchange (“CSE”).

In connection with the Private Placement, SHARC has paid certain eligible persons (the “Finders”) a cash commission equal to $53,200 and also issued 133,000 warrants (“Finder’s Warrants”). Each Finder’s Warrant has the same terms as the Warrants issued under the Offering.

The Company intends to use the net proceeds of the Private Placement for the advancement of the Company’s projects that are currently in the pipeline and will also be evaluating new project opportunities as part of its business model.

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 (INTWF) and Germany (IWIA.F).

Further information about the Company is available on our website at www.sharcenergy.com or 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:
Ray Crowley
Telephone: 604 782 0773
Email: ray.crowley@sharcenergy.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts 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 by the use of 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’s actual results could differ materially from those anticipated in this forward-looking information as a result 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 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 as a result of new information, future events or otherwise, except as required by applicable securities legislation.

———————————————————————
SHARC International Announces Non-Brokered $2.5 Million Private Placement

VANCOUVER, British Columbia, April 19, 2018 (GLOBE NEWSWIRE) — SHARC International Systems Inc.  (CSE:SHRC) (IWIA.F) (INTWF) (“SHARC”) is pleased to announce a Non-Brokered Private Placement (the “Private Placement”) and will be issued in connection with the creation and issue of an aggregate of 6,250,000 Units (“Units”) or 8,750,000 Units, if the Over-Allotment Option (“Over-Allotment”) is exercised in full, for aggregate gross subscription proceeds of $2,500,000 or $3,500,000 if the Over-Allotment is exercised in full, to be sold by the Corporation by private placement (the “Offering”).

Each Unit at a purchase price of $0.40 per Unit, and the Unit consists of one (1) common share (“Common Share”) of the Company and one (1) non-transferable share purchase warrant (“Warrant”).

The “Over-Allotment Option” means the option of the Corporation, exercisable up to 48 hours prior to the Closing (as defined below), to sell up to an additional 2,500,000 Units at $0.40 per Unit.

Each Warrant will entitle the holder to acquire one (1) Common Share at an exercise price of $0.60 for a period of 24 months from the closing date of the Private Placement. In the event that the Company’s common shares trade at a closing price on the Exchange of greater than $1.00 per share for a period of 10 consecutive trading days at any time after the closing date, the Company may accelerate the expiry date of the Warrants by giving notice to the holders thereof and in such case the Warrants will expire on the 30th day after the date hereafter referred to as the (“Eligible Acceleration Date”) on which such notice is given by the Company.

All securities issued in the financing will be subject to a statutory hold period expiring four months and one day after closing of the financing. Completion of the financing is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals, including approval of the Canadian Securities Exchange (“CSE”).

The Company may, in its sole discretion, pay a finder’s fee within CSE policy guidelines in connection with the Private Placement.

The Company intends to use the net proceeds of the Private Placement for the advancement of the Company’s projects that are currently in the pipeline and will also be evaluating new project opportunities as part of its business model.

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 (INTWF) and Germany (IWIA.F).

Further information about the Company is available on our website at www.sharcenergy.com or 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:

Ray Crowley
Telephone: 604 782 0773
Email: ray.crowley@sharcenergy.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts 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 by the use of 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’s actual results could differ materially from those anticipated in this forward-looking information as a result 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 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 as a result of new information, future events or otherwise, except as required by applicable securities legislation.

———————————————————————
Newark renewables firm wins massive Scottish contract

March 29 2018

Sam Metcalf

The Business Desk

Newark-based SHARC Energy Systems a won the contract to install a low carbon district heating system to Clyde Gateway.

Clyde Gateway was established in 2008 to carry out the regeneration of 840 hectares across the east end of Glasgow and South Lanarkshire.

Working in partnership with Glasgow City Council, South Lanarkshire Council, Scottish Enterprise and the Scottish Government, Clyde Gateway is driving forward £1.5bn of private sector investment to establish the area as a hub of business activity.

The success to date has been impressive – of the 800,000 sq ft of Grade A office and industrial space that Clyde Gateway has already developed, more than 85 per cent has been let or sold.

SHARC Energy Systems, the European arm of Vancouver-based SHARC International Systems, has been contracted by Clyde Gateway to install a low carbon district heating system at the site, using its heat recovery technology that taps into the latent heat of the town sewer systems to drive efficient operation of water source heat pumps.

SHARC has designed and developed a new method for extracting waste heat from raw sewage flows. Through heat pump technology, it produces clean, renewable thermal energy for buildings, resulting in vital savings in energy, costs and carbon emissions.

Russ Burton, chief operating officer of SHARC Energy Systems, said: “We are really excited to be supporting Clyde Gateway’s ambitions, and having established the viability of our technology and business solution as a method for developing a low carbon or renewable district heating solution, we are delighted to be nearing financial close on the development of the project, which is also supported by the LCITP.

“It was a great pleasure to welcome Paul Wheelhouse MSP, Scotland’s Minister for Business, and to have the opportunity to discuss the Scottish Government’s ambition for a low carbon economy and the transition strategy they are pursuing in this quest.

Business Minister Paul Wheelhouse said: “The economic and social regeneration of disadvantaged communities is a key priority for the Scottish Government, and we are committed to the Clyde Gateway project which is continuing to deliver positive outcomes on behalf of its communities, which it has done with Scottish Government financial support since 2007.

“I have been very much impressed by the exciting work being done by Clyde Gateway to bring derelict land back into use, enable quality new build premises and homes to be constructed, and to bring businesses to the area and encourage local businesses to grow.

“Clyde Gateway are doing a great job in creating new, sustainable employment opportunities for local people and delivering on inclusive growth across the area and I wish them even further success in the future.”

Ian Manson, chief executive of Clyde Gateway said: “It has been a pleasure to welcome the Minister to Clyde Gateway and show him why the regeneration of this area has been so successful to date. Companies tell us they are being attracted by the quality of business space, the excellent transport links, the cost savings compared with city centers and the business support on offer. The fact that a workforce of 1.5 million live within a 60-minute commute of Clyde Gateway also makes recruitment easy, which is an added bonus.”

The Business Desk

Sharc Energy


Nottinghamshire’s SHARC Energy Systems contracted to install a low carbon district heating system

By Tess Egginton

29th March 2018

Business Link – East Midlands

Paul Wheelhouse SMP on Clyde Gateway visit.

Nottinghamshire-based SHARC Energy Systems welcomed Scotland’s Minister for Business, Innovation and Energy, Paul Wheelhouse MSP, to Clyde Gateway where it has been contracted to install a low carbon district heating system.

Clyde Gateway was established in 2008 to carry out the regeneration of 840 hectares across the east end of Glasgow and South Lanarkshire.

Working in partnership with Glasgow City Council, South Lanarkshire Council, Scottish Enterprise and the Scottish Government, Clyde Gateway is driving forward £1.5 billion of private sector investment to establish this area as a hub of business activity.

So far, of the 800,000 square feet of Grade A office and industrial space that Clyde Gateway has already developed, more than 85 per cent has been let or sold.

SHARC Energy Systems, the European arm of Vancouver-based SHARC International Systems, has been contracted by Clyde Gateway to install a low carbon district heating system at the site, using its heat recovery technology that taps into the latent heat of the town sewer systems to drive efficient operation of water source heat pumps.

Russ Burton, Chief Operating Officer of SHARC Energy Systems, said: “We are really excited to be supporting Clyde Gateway’s ambitions, and having established the viability of our technology and business solution as a method for developing a low carbon / renewable district heating solution, we are delighted to be nearing financial close on the development of the project, which is also supported by the LCITP.

“It was a great pleasure to meet Paul Wheelhouse and to have the opportunity to discuss the Scottish Government’s ambition for a low carbon economy and the transition strategy they are pursuing in this quest.

“SHARC is working hard to ensure its technology meets the Scottish Government’s policy criteria and we look forward to continuing to support the delivery of this progressive agenda being championed by the Minister and his department, across Scotland.

Business Minister Paul Wheelhouse said: “The economic and social regeneration of disadvantaged communities is a key priority for the Scottish Government, and we are committed to the Clyde Gateway project which is continuing to deliver positive outcomes on behalf of its communities, which it has done with Scottish Government financial support since 2007.

“I have been very much impressed by the exciting work being done by Clyde Gateway to bring derelict land back into use, enable quality new build premises and homes to be constructed, and to bring businesses to the area and encourage local businesses to grow.

“Clyde Gateway are doing a great job in creating new, sustainable employment opportunities for local people and delivering on inclusive growth across the area and I wish them even further success in the future.”

Ian Manson, Chief Executive of Clyde Gateway said: “It has been a pleasure to welcome the Minister to Clyde Gateway and show him why the regeneration of this area has been so successful to date. Companies tell us they are being attracted by the quality of business space, the excellent transport links, the cost savings compared with city centers and the business support on offer. The fact that a workforce of 1.5 million live within a 60-minute commute of Clyde Gateway also makes recruitment easy, which is an added bonus.”

Business Link

Sharc Energy


MAJOR SCOTLAND CONTRACT FOR NOTTS FIRM

 29 Mar 2018 Midlands – Business

Jon Robinson – Senior Digital Staff Writer

Insider Media

A Nottinghamshire-based company has welcomed a Scottish Government minister to Clyde Gateway where it has been contracted to install a low carbon district heating system.

SHARC Energy Systems welcomed Paul Wheelhouse, minister for business, innovation and energy, when the business has been appointed to install a low carbon district heating system at the site, using its heat recovery technology that taps into the latent heat of the town sewer systems to drive efficient operation of water source heat pumps.

Clyde Gateway was established in 2008 to carry out the regeneration of 2,070 acres across the east end of Glasgow and south Lanarkshire.

Working in partnership with Glasgow City Council, South Lanarkshire Council, Scottish Enterprise and the Scottish Government, Clyde Gateway is driving forward £1.5bn of private sector investment.

SHARC Energy Systems is the European arm of Vancouver-based SHARC International Systems.

Russ Burton, chief operating officer of SHARC Energy Systems, said: “We are really excited to be supporting Clyde Gateway’s ambitions, and having established the viability of our technology and business solution as a method for developing a low carbon / renewable district heating solution, we are delighted to be nearing financial close on the development of the project, which is also supported by the LCITP.

“It was a great pleasure to meet Paul Wheelhouse and to have the opportunity to discuss the Scottish Government’s ambition for a low carbon economy and the transition strategy they are pursuing in this quest.

“SHARC is working hard to ensure its technology meets the Scottish Government’s policy criteria and we look forward to continuing to support the delivery of this progressive agenda being championed by the Minister and his department, across Scotland.

Wheelhouse said: “The economic and social regeneration of disadvantaged communities is a key priority for the Scottish Government, and we are committed to the Clyde Gateway project which is continuing to deliver positive outcomes on behalf of its communities, which it has done with Scottish Government financial support since 2007.

“I have been very much impressed by the exciting work being done by Clyde Gateway to bring derelict land back into use, enable quality new build premises and homes to be constructed, and to bring businesses to the area and encourage local businesses to grow.

“Clyde Gateway are doing a great job in creating new, sustainable employment opportunities for local people and delivering on inclusive growth across the area and I wish them even further success in the future.”

InsiderMedia.com

Sharc Energy


SHARC Announces Agreement with HIGHMARK NY to Sell Its Waste Water Energy Recycling Systems in New York City Market

GlobeNewswire•March 23, 2018

VANCOUVER, British Columbia, March 23, 2018 (GLOBE NEWSWIRE) — SHARC International Systems Inc.  (CSE:SHRC) (IWIA.F) (INTWF)(“SHARC”) is pleased to announce that it has entered Sales Representative Agreements (“Sales Agreement”) with HIGHMARK NY, LLC (“HIGHMARK”).

Under the terms of the Sales Agreement, HIGHMARK has been authorized to sell Vancouver-based SHARC products throughout the New York City metro area, effective immediately.

The partnership combines SHARC’s unique and innovative waste water energy recycling technology, which provides efficient and economical space heating and cooling for commercial, residential and industrial buildings, with HIGHMARK’s commitment to reducing energy consumed and carbon emissions produced by New York City’s buildings.

New York City-based HIGHMARK is a pioneer in building efficiency as it searches the world for the most innovative products and technologies on the market. The team consists of a global network of HVAC professionals committed to ensuring buildings operate as efficiently as possible. Since its founding in 2013, the company has experienced double-digit annual growth, and continues to expand its extensive client base.

“SHARC shares our commitment to challenging the status quo by increasing building efficiency, and it’s an honor to represent their remarkably innovative technology in the New York City market,” said Richard Gerbe, Co-Founder and CEO of HIGHMARK. “The amount of energy that’s wasted to heat domestic water in buildings is astronomical. Fossil fuels are burned to heat the water, the energy is then flushed down the drain with the wastewater and new energy is required to heat more water, thus burning more fossil fuels. It’s a vicious cycle of inefficiency and wasted energy,” he said.

“SHARC technology puts an end to this energy waste,” Gerbe continued. “Its technology recovers the energy used to heat water and keeps the energy in the building to be reused for additional heating, cooling and conditioning. Essentially, SHARC is the last line of defense for energy recovery by reusing energy from domestic water systems and industrial cleaners. It’s a privilege to be the first company in the New York City metro area to represent such an outside-the-box technology.”

SHARC Founder and CEO Lynn Mueller commented on the partnership, “We selected HIGHMARK as a like-minded, purpose-driven partner, and believe in their company’s mission to tap into the 87 billion gallons of waste water in North America and Europe that go directly into the sewer each day, which can potentially replace 1.5 billion Mwh of natural gas now used for heating and cooling.”

“We are excited about extending our product sales into the New York City metro area with HIGHMARK,” Mr. Mueller continued. “HIGHMARK shares our mission to revolutionize the HVAC industry and understands the enormous potential of SHARC technology. It’s an ideal fit.”

Vancouver-based SHARC is rapidly becoming recognized for its line of energy systems that extract the heat energy from waste water. SHARC recently won Best Innovation at the Scottish Green Energy Awards for the installation of the United Kingdom’s first sewage heat recovery system at Borders College in Scotland, which aims to displace 1.8 GWH (GigaWatt Hours) of natural gas and eliminate more than 230 tonnes of carbon emissions per year.

SHARC’s first US project, announced November 7, 2017 and currently under construction, will provide heat and cooling for the new $60 million District of Columbia Water and Sewer Authority (DC Water) headquarters in Washington DC.

About HIGHMARK NY, LLC
HIGHMARK helps engineers, contractors, building owners and building operators who are serious about building efficiency and sustainability by rigorously vetting the best technologies, embracing new innovations and challenging the status quo, with a focus on HVAC, energy services and water management. Since 2013, we’ve partnered with likeminded industry leaders from across the globe in order to bring to market high-quality and advanced products and technologies that will better the built environment for centuries to come.

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 (INTWF) and Germany (IWIA.F).

Further information about the Company is available on our website at www.sharcenergy.com or under our profile on SEDAR at www.sedar.com.

The Company also announces the issuance of 250,000 stock options at $0.46 to directors, management, and consultants of the Company for a term of twelve (12) months.

ON BEHALF OF THE BOARD

“Lynn Mueller”
Chairman and Chief Executive Officer

For further information, please contact:

Ray Crowley
Telephone: 604 782 0773
Email: ray.crowley@sharcenergy.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts 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 by the use of 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’s actual results could differ materially from those anticipated in this forward-looking information as a result 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 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 as a result of new information, future events or otherwise, except as required by applicable securities 

###


SHARC Energy Systems UK and Scottish Water Horizons Launch JV to Support Green Energy Agenda

Vancouver – (March 20, 2018) – SHARC International Systems Inc.  (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC”), is pleased to announce that its SHARC subsidiary, SHARC Energy Systems (“SHARC”) has joined forces with Scottish Water Horizons (“SWH”), a commercial subsidiary wholly owned by Scottish Water, to establish a joint venture (“JV”) which will enable them to expand and accelerate the deployment of wastewater heat recovery systems across Scotland.

The joint venture, to be called Bandwidth Energy Ltd. (“Bandwidth”) has been set up to manage the installation and maintenance of a number of key green energy projects which are currently in the advanced stages of planning.

Scottish Water Horizons will provide commercial funding for the projects, with SHARC providing the design, build and operational expertise for the green energy installations.

The Scottish Government is supporting the projects by providing 50 per cent grant capital support through its Low Carbon Infrastructure Transition Programme (“LCITP”).

The new alliance will support the Scottish Government’s ambitious renewable heat and carbon reduction targets for 2020. It is the result of three years of collaboration between SHARC and Scottish Water Horizons, which has created a £20 million ($36.8 million CAD) pipeline of potential installations across Scotland that, when deployed, will generate 170 GWHs per year of heating and cooling to displace the fossil fuel currently used.

This joint venture follows the launch of the UK’s first Sewage Heat Recovery system, developed and installed by SHARC and facilitated by Scottish Water Horizons, at Borders College in Galashiels, which aims to displace 1.8 GWhs (Giga Watt hours) of natural gas and save over 150 tonnes of carbon emissions per year.

The system provides heating and cooling to customers through a heat supply agreement. This works much like that of any energy supplier, but the main difference is that customers have no up-front costs. Included in the heat supply agreement are the costs of design, installation, servicing and maintenance and the supply of equipment.

The innovative SHARC™ wastewater heat exchange system, which has been deployed in numerous international locations, intercepts wastewater from sewers and uses heat pump technology to amplify the natural warmth of wastewater. This generates an energy-saving, cost-effective and environmentally-friendly system for heating, cooling and hot water production in commercial and residential buildings.

Russ Burton, SHARC’s Chief Operating Officer said: “This announcement is a very exciting step for SHARC and represents the culmination of three years of very productive work with Scottish Water Horizons to identify opportunities for the SHARC technology. “Having the support from Scottish Water Horizons will give customers confidence in the SHARC technology, positioning it as a sustainable and viable wastewater heat recovery solution.”

Paul Kerr, Managing Director of Scottish Water Horizons, said: “Heat accounts for over 50 percent of Scotland’s total energy use, so by forming this alliance to deploy further heat from waste water schemes, we can help further develop Scotland’s low carbon economy. Our alliance with SHARC provides us with a unique and exciting opportunity to maximise the residual heat that runs through some of Scottish Water’s 32,000 miles of sewer pipes.  Using this innovative technology we are able to roll out a sustainable, low-carbon heating solution to our customers, whilst enhancing and protecting the environment. “

For further information on Bandwidth JV please contact Lauren Mills at SHARC UK at +44 07591 202 587 or Scottish Water Corporate Affairs team on +44 0141 414 7186

About IWWS (UK) LTD – (SHARC UK)

Launched in June 2014, IWWS (UK) LTD is registered in England & Wales (No. 08879759) and specializing in sewage heat recovery technology that is a sustainable alternative energy source.  Unique in the UK and Europe, the system generates energy-saving, cost-effective and environmentally-friendly solutions for heating, cooling and hot water for commercial and residential buildings. SHARC brought the technology to the UK for the first time and provides a full design, manufacture and installation service. The SHARC™ system is suitable for both new build and retrofit projects on residential and commercial developments.

SHARC, in partnership with Scottish Water Horizons, recently won two prestigious industry awards.

SHARC Energy Systems and Scottish Water Horizons were nominated in the innovation category for their ground-breaking project at Borders College, in Galashiels, which was launched in 2015, and in November, the project was recognised for its positive impact on sustainability when Borders College won the Best Newcomer Award at the Green Gown Awards. These awards celebrate sustainability initiatives being undertaken in the university and college sector.

In December, they won the innovation award at the Scottish Green Energy Awards 2017. The awards, hosted by Scottish Renewables, honour the determination and creative thinking which defines new approaches to sustainable energy.

About Scottish Water Horizons

Scottish Water Horizons Ltd is a commercial subsidiary wholly owned by Scottish Water.  The company plays a key role in supporting the development of Scotland’s sustainable and circular economy by making the most of the public utility’s vast array of assets.

From generating renewable energy from wind, solar power and waste water to recycling food waste and facilitating industry innovation, Scottish Water Horizons is helping Scotland meet its renewable targets, reduce carbon emissions and support sustainable development.

The company’s growth strategy is to support Scotland as a developing Hydro Nation and take opportunities to harness Scottish Water’s asset base through both its own development and working in partnership with other organizations including the public and private sectors.

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.com or under our profile on SEDAR at www.sedar.com.

The Company also announces the issuance of 250,000 stock options at $0.46 to directors, management, and consultants of the Company for a term of twelve (12) months.

ON BEHALF OF THE BOARD

“Lynn Mueller”

Chairman and Chief Executive Officer

For further information, please contact:

Ray Crowley

Telephone: 604 788 1091

Email: ray.crowley@sharcenergy.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts 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 by the use of 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’s actual results could differ materially from those anticipated in this forward-looking information as a result 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 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 as a result of new information, future events or otherwise, except as required by applicable securities legislation.

###


SHARC International Introduces Mass Market MAKO System

Award-winning waste water heat exchange system now available for individual homes 

Vancouver – (March 13, 2018)SHARC International Systems Inc.  (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF)  (“SHARC” or “the Company”), is pleased to announce it has completed the design and fabrication of the MAKO™ waste water heat exchange system. The system is currently undergoing testing at a single detached home in Vancouver, British Columbia.

The MAKO is the residential version of the award-winning SHARC energy system that until now has only been available to provide heating, cooling, and hot water for large-scale projects such as college campuses and high-rise apartment buildings.

The MAKO meets LEED® Canada for Homes criteria, is easily installed in new and retrofit projects. The MAKO will provide families with immediate and long-term energy savings and carbon reduction, and is expected to qualify for the Government of Canada’s clean technology investment program.

The average Vancouver household spends approximately $1,550.00 per year on thermal energy that can be recovered by the MAKO. The estimated operating cost for the MAKO is $350.00 per year, while it delivers annual savings of approximately $1,200.00, paying for itself in less than four years.

As more people around the world install the MAKO, it will cut GHG emissions significantly, offsetting an estimated three to four tonnes of CO2 emissions per year for each household. The MAKO can also be tied to a home’s solar electric system allowing families to gain energy independence with an off-grid system.

“SHARC is continuously driving innovation and finding ways to help clients reduce their energy bill and carbon footprint,” said SHARC CEO Lynn Mueller. “In a very short time, SHARC has extended its reach from district networks all the way down to single detached dwellings, increasing its customer base and importantly for all, having a significant global impact on reducing carbon emissions. Our bigger systems, the SHARC™ and PIRANHA™, are now recognized as mainstream technology; the time has come for the widespread adoption of the MAKO.”

The Company also announces the issuance of 300,000 stock options at $0.36 to directors, management, and consultants of the Company for a term of twelve (12) months.

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 (OTC: INTWF) and Germany (Frankfurt: IWIA).

Further information about the Company is available on our website at www.sharcenergy.com or 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:

Ray Crowley

Telephone: 604 782 0773

Email: ray.crowley@sharcenergy.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts 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 by the use of 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’s actual results could differ materially from those anticipated in this forward-looking information as a result 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 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 as a result of new information, future events or otherwise, except as required by applicable securities legislation.

 

###

SHARC Wins Top Award at Scottish Green Energy Awards

VANCOUVER — (December 1, 2017) — SHARC International Systems Inc.  (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF)  (“SHARC” or “the Company”), is pleased to announce that Sharc International Systems Inc. has won the Best Innovation Award at the Scottish Green Energy Awards.
The Awards, hosted by Scottish Renewables, honour the determination and creative thinking which defines new approaches to sustainable energy. SHARC and Scottish Water Horizons were nominated in the Innovation category for their ground-breaking project at Borders College, Galashiels, which was launched in 2015.
SHARC’s wastewater heat exchange system works by intercepting wastewater from the adjacent town sewer line operated by Scottish Water. SHARC™ technology extracts the natural warmth contained within wastewater and transfers the heat to the clean side of the heating system via a heat exchanger. The recovered heat is then amplified via heat pumps to generate the appropriate temperatures for use in buildings. It supplies the college campus with the majority of its annual heating and hot water demand, enabling it to save 150 tonnes of carbon per annum.
The heat produced is sold to Borders College under a 20-year purchase agreement, producing savings in energy, costs and carbon emissions.
The innovative scheme is the first of its kind in the UK and the first time the technology has been integrated with the public sewerage system. With significant potential for further roll out across Scotland, there are already several projects scheduled for completion next year.
It is the second time in a month that the project has been recognized for its positive impact on sustainability. On November 15, it won the Best Newcomer Award at the Green Gown Awards, which celebrate sustainability initiatives being undertaken in the university and college sector.
Russ Burton, Chief Operating Officer at SHARC Energy Systems, said: “It is a privilege for SHARC to have been involved in developing the Borders installation. The work we have done with Scottish Water Horizons and Borders College is a real demonstration of how collaboration and shared vison can generate an outstanding outcome for all stakeholders of a process. To have been included in the Innovations category of the Scottish Green Energy Awards alongside some of the other exciting renewable energy projects being driven forward by Scotland’s appetite and enthusiasm for green energy activity, was very flattering. It is a testament to all the hard work from the teams at SHARC, Scottish Water Horizons and Borders College and we look forward to building on these achievements over the next few months.”
Donald MacBrayne, Scottish Water Horizons Business Development Manager, said: “These Awards are a real showcase for sustainable energy and it’s an honour to have been nominated in this category. Innovation is at the heart of what we do in terms of developing new ways to generate sustainable energy – in this case heat – which will have a wide range of positive benefits. We hope that this latest recognition, added to the project’s success in the Green Gown Awards, adds to the excitement across our communities and our industry about the potential for this kind of technology and systems like the Borders College heat from sewage network.”
Pete Smith, Vice Principal, Finance and Resources, at Borders College, said: “Borders College is delighted that this innovative project is gaining recognition nationally, first winning a Green Gown Award and now also winning this Green Energy Award. It really is testament to the entire team that the project has been such a success and shows what a true spirit of partnership working can achieve.”
About Sharc International Systems Inc.
Sharc International Systems Inc. is a world leader in thermal heat recovery. SHARC systems recycle thermal energy from wastewater, generating the most energy efficient and economical systems for heating, cooling & hot water for commercial, residential and industrial buildings. SHARC is publicly traded in Canada (CSE: SHRC), the United States (OTC: INTWD) and Germany (Frankfurt: IWIA).
Further information about the Company is available on our website at www.sharcenergy.com or under our profile on SEDAR at www.sedar.com.
ON BEHALF OF THE BOARD
“Lynn Mueller”
Lynn Mueller
Chairman and Chief Executive Officer

SHARC Helps Borders College Win Prestigious Industry Award

VANCOUVER, Canada — Sharc International Systems Inc.  (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWD) (“SHARC” or “the Company”) is pleased to announce that the Company’s revolutionary SHARC™ wastewater heat exchange system has helped Borders College win a top award at the prestigious Green Gown Awards.
Established in 2004, the Green Gown Awards recognize the exceptional sustainability initiatives being undertaken by universities and colleges. With sustainability becoming increasingly important, the Awards have become established as the most prestigious recognition of best practice within the further and higher education sector.
The Green Gown Awards’ Best Newcomer Award was won for the work Borders College did alongside SHARC and Scottish Water Horizons.
In December 2015, Borders College in Galashiels, Scotland, became the first organization in the UK to benefit from a wastewater heat exchange system. Backed by investment from Equitix and the UK Green Investment Bank, the SHARC™ system intercepts wastewater from the adjacent town sewer line operated by Scottish Water.
SHARC™ technology extracts the natural warmth contained within this water and transfers the heat to the clean side of the heating system via a heat exchange mechanism. The recovered heat is then amplified via heat pumps to generate the appropriate temperatures for use in buildings. The heat produced is sold to Borders College under a 20-year heat purchase agreement, producing significant savings in energy, costs, and carbon emissions.
The system now provides around 95 percent of the heat needed by the Galashiels campus and does not impact the normal operation of the local wastewater network.
Russ Burton, Chief Operating Officer of SHARC said: “We are delighted to have won this award alongside Borders College and Scottish Water Horizons. This is a great example of how strong relationships, shared vision and great working partnerships can come together to make a significant impact for all of the parties involved. We are really looking forward to helping the college achieve their next level in carbon reduction activity over the next two years.”
Pete Smith, Vice Principal, Finance and Resources, at Borders College said: “The College is absolutely delighted to be recognized as a finalist in the Green Gown Awards, but to win the Best Newcomer Award for our SHARC project is absolutely fabulous. It shows what a small institution can achieve when working in partnership with like-minded organizations, benefitting not only the institution itself but society more widely.”
Scottish Water Horizons, a subsidiary of public utility Scottish Water, supports the development of a sustainable economy in Scotland and played a key role in turning the project into reality.
Scottish Water Horizons’ Business Development Manager, Donald MacBrayne, said: “We are delighted to have played a part in this winning project, contributing to significant cost and carbon savings for the college and bringing with it wider environmental benefits. The Borders College installation is just the beginning for heat from wastewater schemes in Scotland and, working alongside SHARC, we are actively rolling out more of these innovative projects, with several scheduled for completion next year.”
About Sharc International Systems Inc.
Sharc International Systems is a world leader in thermal heat recovery. Its systems recycle thermal energy from waste water, generating the most energy-efficient and economical systems for heating, cooling and hot water for commercial, residential and industrial buildings.
Further information about the Company is available on our website at www.sharcenergy.com  or under our profile on SEDAR at www.sedar.com.
ON BEHALF OF THE BOARD
“Lynn Mueller”
Chairman and Chief Executive Officer

Sharc International to Expand Sales of Thermal Energy Recycling Technology in Midwestern US and Pacific Northwest

VANCOUVER, Canada — Sharc International Systems Inc.  (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWD)  (“SHARC” or “the Company”) is pleased to announce that it has entered Sales Representative Agreements (“Agreement”) with Midwest Machinery and Johnson Barrow Inc.
Under the terms of the Agreement, Midwest Machinery has been authorized to sell and promote the sale of SHARC products throughout the Midwestern United States. Midwest has offices located in St. Louis, Denver, Kansas City, Oklahoma City and Tulsa.
As the American Midwest undergoes its biggest energy transformation in decades, Midwest Machinery is uniquely positioned to lead the region’s transition towards a sustainable, low-carbon future. As the first and oldest cooling tower sales representative in the United States, Midwest Machinery embodies the Midwest’s tradition of hard work and innovation. With its extensive history in the HVAC sector, Midwest Machinery has formed relationships with industry leaders, building owners, contractors, engineers, and longstanding customers. Midwest Machinery’s strong contact base in a rapidly growing renewable energy market makes them well-positioned to sell SHARC products.
Richard Miller, General Manager of Midwest Machinery Denver stated: “Midwest Machinery is known for innovation and SHARC perfectly aligns with our portfolio of solutions. Helping our clients in reducing global carbon emissions and energy costs is very important to us.”
Johnson Barrow, with offices in British Columbia, Washington, and Oregon, has been authorized to sell and promote the sale of SHARC products in the Pacific Northwest, with a focus on British Columbia.
Johnson Barrow is one of the most established and respected HVAC representative organizations in the Pacific Northwest, the lowest carbon-emitting region in North America. With 50 years of innovation, Johnson Barrow represents over 40 of the leading HVAC manufacturers and concentrates on providing the most innovative and eco-friendly technologies. Establishing an Agreement with Johnson Barrow positions SHARC to significantly expand its presence throughout the Pacific Northwest.
Edward Fox, Principal of Johnson Barrow stated: “Johnson Barrow has dedicated 50 years to providing the Pacific Northwest with the most innovative HVAC technologies. The Pacific Northwest has a high demand for eco-friendly technologies and SHARC is at the forefront of this innovation. We are delighted to be working with SHARC as we continue to work towards a sustainable future.”
Lynn Mueller, CEO of SHARC stated: “Midwest Machinery and Johnson Barrow have a long history of success in the HVAC market which has made them two of the most respected representative organizations. As SHARC expands its sales strategy throughout North America, Midwest Machinery and Johnson Barrow provide an extensive network that will lead to exciting revenue producing opportunities in 2018.”
About Midwest Machinery Co.
http://midwestmachinery.net/
Midwest Machinery remains the first and oldest cooling tower sales representative in the United States. Since that time, Midwest has expanded its focus to the entire mechanical system, bringing energy efficient solutions to the building owner, contractor and engineer. Midwest has grown quickly in the last two decades to span several states and offices. This is due to their Mission and Core Values leading the way. At the end of the day, Midwest realizes what really matters is for customers to get the products, service, and price they need to succeed.
About Johnson Barrow Inc.
http://www.jbarrow.com/
With 50 years of innovation, Johnson Barrow has evolved into one of the most established and respected HVAC representative organizations in the Pacific Northwest. We currently represent over 40 of the finest manufacturers in our industry and are committed to the goal of providing quality service for our customers and manufacturer partners. We are proud to be on the cutting edge of system technology, extremely critical in today’s energy conscious market.
About Sharc International Systems
Sharc International Systems is a world leader in thermal heat recovery. Its systems recycle thermal energy from waste water, generating the most energy-efficient and economical systems for heating, cooling and hot water for commercial, residential and industrial buildings.
Further information about the Company is available on our website at www.sharcenergy.com  or under our profile on SEDAR at www.sedar.com.
ON BEHALF OF THE BOARD
“Lynn Mueller”
Chairman and Chief Executive Officer

           

Digital Town named Government Technology magazine GovTech 100 company for 2017

Smart Cities for a better living, Digital Town Platform transforming life in cities across the world

Our neighborhoods are very important to us, that’s where we live, work, play and shop. There is always something new going on in the neighborhood, brand new stores coming to town, your favorite restaurant cooking up great food and offering irresistible deals. There is so much going on in your city, for a busy person like yourself it is not easy to keep track of everything.

That’s where Digit Town comes in, it makes your life more manageable. You will learn about everything that’s important to you, everything that you care about is in one place that make much easier and quicker.

The platform brings all the stores in your city at one place. Your favorite ice cream shop, beauty salon, boutiques and bars, everything is now at your fingertip! Cities across The United States and around the world using Digital Town platform to provide better services for their citizens.

As an investor you could imagine the opportunity, we think the Digital Town’s platform has a huge potential. Learn more about $DGTWsee the company profile click here.

To get a better sense of what the Digital Town platform is all about, check out London and Nashville city platforms.

City of London platform

Sources: The Company, Daily Stock Deals, OxBridge Research

Why Local Search may be the answer to Winner-take-All Online Platforms

As CEO of DigitalTown, DGTW, over the last 18 months, I have had the opportunity to meet with hundreds of executive leaders from around the world who are on the front lines when it comes to small business. From Indianapolis to Istanbul, these people represent small business through Chambers of Commerce, Economic Development Agencies, Trade Associations, Municipalities as wells as independent business owners of all sizes. For a large percentage of these people, a recurring theme is how to engage with an economic playing field that is rapidly evolving towards “winner take all”.

According to a comprehensive study of Amazon’s eCommerce dominance published by the Institute for Local Self-Reliance, 55% of all US online retail searches now start at Amazon. With Amazon’s latest purchase of Whole Foods, the grocery industry was put on notice. Within weeks of the Whole Foods deal being announced, Amazon entered the meal kit business that newly-public Blue Apron was poised to lead. Indeed, it is looking like no significant vertical will remain untouched for much longer. What happened to the taxi industry with Uber, with 2016 gross revenues reported at $20 billion, is now happening to niche verticals. Consider the example of Rover.com, which has created the AirBnB of pet care, raising $155 million in private equity and has reportedly grown to gross revenues of over $100 million with commission rates of 20%.

At the most recent meeting of the International Society of Hospitality Association Executives, behind closed door sessions, it was apparent that even the major hotel brands are starting to worry. Their economic models are being disrupted by AirBnB, which is making it harder for property developers to secure the funding with which to build new large hotels to be managed by the major hotel brands. In the meantime, state lobbyists for the lodging industry are doing their best to keep Short Term Rentals in check through legislation, all the while knowing that in a country built on free enterprise that is looking like a losing battle.

The news from the Council of State Restaurant Associations is hardly better as their member base contends with the mainstreaming of not only meal kits, but also meal delivery services like Seamless, GrubHub, and Uber Eats, as well as online booking titans like OpenTable (now part of Priceline Group), Yelp and Resy squeeze ever larger fees out of the dining economy as these habit-forming and consumer-facing brands play a larger role when it comes to putting butts in seats and determining online reputation. Based on the gig economy pattern, the restaurant industry should be bracing for the imminent mainstreaming of “Dine at my House” business models, in addition to a dramatic acceleration of local delivery of door-to-door room service.

In an online economy that is being dominated by winner-take-all platforms, there is a large — and in some cases even existential — challenge for smaller independents. Consider a Marriott that pays Expedia a 14% commission for a lodging booking and gets paid the net proceeds on or before the day of stay. Contrast that with an independent hotel who pays as much as 40% and gets paid 60 days after stay. As online booking platforms of all types become more habit-forming, and users become more loyal, the capacity grows for those platforms to use market power to extract larger commissions. In the case of Uber, which started out at a benign 5% commission with no minimum, the commission is now 30%. In the not too distant future, Uber will keep 100% as Uber cars become autonomous vehicles.

So we come to the ultimate question: what exactly can communities, cities and regions do to stem the tide against winner-take-all platforms? I believe the answer is found in providing a competing alternative, which starts with local search branded in the identity of the cities with which residents and visitors have a local affinity and ends with making local direct transactions frictionless. Rather than having the municipality, chamber of commerce, convention and visitor bureau, and destination marketing organization compete with each other for search ranking in major search engines, these organizations have an opportunity to come together around a unifying approach that makes it easy for both locals and visitors to see the world through local eyes.

The DigitalTown – an idea whose time has come

The DigitalTown SmartCity platform provides cities with a framework to empower local stakeholders with the means to search, share and buy local.

  • Local Smart Search branded in the identity of the City: In a DigitalTown, each city, town or region is equipped with its own highly relevant local search engine branded in a memorable way, e.g. Nashville.city for Nashville. By branding the local search engine, the city can smartly route visitors to local solutions from the public sector and the private sector, bypassing the traditional agents of the “extraction economy”, including search engine optimization specialists, pay-per-click advertising fees and high transaction fees. The goal is for a city-branded site to become an intuitive and habit-forming homepage for all things local.
  • A Single Online Wallet for the City and Beyond: The DigitalTown single-sign-on SmartWallet provides every registered citizen with a free verified login with which they can securely connect, shop, and pay both locally and globally across both public and private services, everything from local shopping, booking a table at a restaurant or signing up for parks and recreation. Community members and businesses can also securely transmit funds in real-time without fees by using their SmartWallets.
  • A storefront for every business: DigitalTown has developed or integrated solutions for local commerce across retail, services, dining, and lodging. Registered businesses are able to secure at no cost, a storefront with which to begin transacting immediately. Merchants pay low transaction fees. Where applicable merchants are encouraged to make use of the SmartWeb standard. Each mobile-ready storefront has the option of running on a free subdomain (e.g. roast.london.shop) or on their own unique domain.
  • A secure platform for local innovation: Each city is able to use DigitalTown’s Application Program Interface (API) at no cost to local developers. With a DigitalTown-powered city platform, the capacity for local civic innovation is unlimited, and the capacity for great ideas to spread is unprecedented. During London Tech Week in June 2017, attended by more than 50,000 delegates from both London and abroad, nearly 400 development teams participated in theSmart.London global Hackathon sponsored by DigitalTown in cooperation with London-based partners.

Smart.London and Nashville.city are two learning laboratories where DigitalTown is partnering with local stakeholders to co-create Smart communities around a new economic paradigm that is centered around local search and direct commerce and works globally through single-sign-on. In total, the DigitalTown network is expected to grow to more than 20,000 cities around the world.

Platform Cooperativism as Framework for Co-Creating Digital Economies

New School Professor Trebor Scholz, first coined the term Platform Cooperativism in 2014. Since then, the term has gained some following from sharing economy innovators. However, to my knowledge Platform Cooperativism has never been applied to cities, and certainly not at scale. Beyond co-creation of local content and shared use of a local search engine and transaction framework, it is also possible to have shared ownership of the entire City portal in order to generate recurring cash flow for local institutions in a way that is not dependent on taxes, dues or debt. In this construct, local stakeholders have shared ownership in the city portal. In addition, each party maintains right of first refusal on the other stakeholders’ interest in order to provide a sustainable path for maintaining local ownership of the entity. During the startup phase for a given unified city search portal, local stakeholders may choose to not form a dedicated legal entity and simply use DigitalTown as the merchant of record. As the city search portal achieves critical mass, and as transactions grow to a material level, DigitalTown provides a seamless path for enabling either (1) form a dedicated legal entity to serve as long-term merchant of record for local payment processing, or (2) invite the municipality itself to acquire the rights from a proven multi-stakeholder city portal. In the meantime, the DigitalTown multi-stakeholder ownership model serves to align incentives among the local stakeholders in order to position each city to collectively compete against shared external opponents.

In summary, there has perhaps never been a more urgent time since the advent of the Digital Age for cities to position themselves for sustainable economic sovereignty. DigitalTown is partnering with local stakeholders around the world in order to provide turn-key, managed solutions with which to equip cities to compete and win in the Digital Age.

For more information about DigitalTown, visit us on the web at DigitalTown.com or feel free to contact me at rob@digitaltown.com.

Disclaimer: DigitalTown (OTC: DGTW) is a fully-reporting publicly traded company which periodically completes private placements among accredited investors. Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. DigitalTown, Inc. undertakes no obligation to update any such statements to reflect actual events.

Digital Town, DGTW, Acquires Smart Touris Platform Comencia

SEATTLE, WA — (Marketwired) — 07/05/17 — DigitalTown, Inc. (OTC PINK: DGTW) announced today the acquisition of Comencia Inc., a provider of global travel affiliate solutions.

Effective July 1, 2017, DigitalTown has acquired a 100% interest in Comencia, Inc. Comencia will continue to operate as a wholly owned subsidiary of DigitalTown. Mike Cartwright, Co-Founder and CEO of Comencia has been appointed to the position of Chief Technical Officer at DigitalTown, reporting to Rob Monster, CEO.

Rob Monster, CEO of DigitalTown commented on the deal: “DigitalTown has been working with Comencia since January. We have been delighted with the results and think there is tremendous untapped potential in Comencia. Mike Cartwright is a rare talent who can translate a complex and evolving platform vision into a technical roadmap comprised of intuitive user experiences that are powered by scalable, cost-effective and secure technologies. On behalf of the DigitalTown Board, I am delighted to welcome Mike to the executive team.”

Originally founded in 2016, Comencia is a fast-growing provider of online travel affiliate portals that equip any publisher with the ability to turn their site into a travel search portal. A true private label solution, Comencia enables the effective monetization of traffic while maintaining brand integrity. Comencia’s efficient cloud based technology and associated low hosting costs means companies of any size can have their own private label travel site.

Today, Comencia has over 200 Affiliates located around the world that range from Travel Agency Networks, to tourist boards, online travel bloggers and event management companies. Built as a global platform, Comencia have enabled the booking of over 13,000 room nights in 2000 unique destinations for customers from more than 60 different countries.

Mike Cartwright explained, “Comencia is a young company with a great future. What we saw in the compelling vision of DigitalTown, was an opportunity to be part of a movement that will not only revolutionize how people travel but how they see the world and its people. Our scalable technology was a natural fit to their portfolio, and their existing solutions will enable Comencia to accelerate its growth through expanding both functionality and reach.”

The brand Comencia.com will continue to operate as a service of DigitalTown. In addition to integrating Comencia technology into DigitalTown’s Global Smart City network, DigitalTown will expand adoption of the Comencia platform.

Comencia’s hotel booking technology is featured in the global rollout of the DigitalTown Smart City platform beginning in Nashville, TN during the American Chamber of Commerce Executives conference July 15-17 in Nashville, where the company will also host a joint event with the Tennessee Hospitality and Tourism Association, a partner of DigitalTown and fellow member of the International Association of Hotel Executives (ISHAE).

For more information on Comencia visit Comencia.com.

About DigitalTown

DigitalTown, Inc. (DGTW) powers Smart Cities to succeed in the Digital Age. Through a proprietary global network of Smart City Portals, DigitalTown improves quality of life as residents and visitors search, connect, share and buy local. For more information about the company, please visit www.digitaltown.com.

Safe Harbor Language: Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act 1995. Readers are cautioned not to place undue reliance on forward-looking statements. DigitalTown, Inc. undertakes no obligation to update any such statements to reflect actual events.

Media Contact:
Rob Monster
Chief Executive Officer
DigitalTown, Inc.
(425) 295-4564
rob@digitaltown.com

Source: DigitalTown, Inc.

DigitalTown partners with Tennessee Hospitality and Tourism Association for SmartTourism Initiative

Greg Adkins (CEO of TnHTA) and Rob Monster (CEO of DigitalTown) celebrating a win for Tennessee Tourism in Honolulu

Digital Town Launching A Huge Smart City Portal .LONDON (in partnership with Dot London Domains).

There is no better, easier and faster way to start a business than the .LONDON platform, launch your own business in minutes! You don’t need to build your website from scratch , in just few clicks you could be in business.

South Dakota Hotel & Lodging Association Joins DigitalTown Smart Tourism Network

SEATTLE, WA and PIERRE, SD — (Marketwired) — 05/11/17 — DigitalTown, Inc. (OTC PINK: DGTW) is pleased to announce the execution of a definitive operating agreement with the South Dakota Hotel & Lodging Association (SDHLA) to introduce DigitalTown’s Smart Tourism platform across South Dakota.

The partnership calls for rollout of the DigitalTown Smart City platform for each of the major cities across South Dakota where residents and visitors can connect, share and transact locally. The first rollout will occur in Summer 2017 in Pierre, SD, utilizing the domain Pierre.city. This will be followed by cities across South Dakota, as well as a state-wide lodging discovery portal to help travelers book locally and to help visitors see South Dakota through local eyes.

Deb Stanley, President of SDHLA, commenting on the announcement explains, “DigitalTown is moving at lightning speed to change the playing field in the tourism industry. The balance of power needs to shift back to the local economies who know these markets best. On behalf of our organization, we are very pleased to welcome DigitalTown as our partner and strategic ally in marketing what South Dakota has to offer to tourists from around the world.”

Rob Monster, CEO of DigitalTown, added, “South Dakota has much to offer to visitors. From the Black Hills to the Missouri River to the Glacial Lakes as well as the cultural and retail treasures of the southeast, the tourism industry will benefit from effective direct marketing of available lodging supply. With independent lodging operators paying as much as 40% commissions to Expedia and being paid 60 days after a stay, the economic model is overdue for reinvention. DigitalTown is pleased to play a role in South Dakota’s tourism future.”

Onboarding of lodging operators will begin in Summer 2017 through outreach to be coordinated through SDHLA. Under the agreement, lodging operators will be able to utilize DigitalTown’s lodging booking platform without fixed costs. Lodging commissions are capped at just 12% and are shared with SDHLA. Lodging operators can sign up as a lodging provider at the web page http://travel.digitaltown.com/sdhla. There is no cost to join for members of SDHLA.

For more information about DigitalTown’s rollout in South Dakota, please contact Rob Monster, CEO of DigitalTown at rob@digitaltown.com or Michele Brich at Michele@sdhla.com

About DigitalTownDigitalTown, Inc. (DGTW) powers Smart Cities to succeed in the Digital Age. The company provides turn-key hosted solutions to power “Digital Towns,” which improve Quality of Life for residents and visitors through integrated solutions for economic development, civic engagement, digital inclusion and smart tourism for cities around the world. For more information about the company, please visit www.digitaltown.com.

About South Dakota Hotel and Lodging Association (SDHLA)The South Dakota Hotel & Lodging Association is a non-profit association incorporated under the laws of the State of South Dakota and governed by a 15-member Board of Directors. SDHLA’s objective is to promote travel and tourism in South Dakota and to work on behalf of the lodging industry to ensure a fair and balanced regulatory climate — so that South Dakota’s hospitality businesses can continue to provide great, friendly service to visitors.

Safe Harbor Language: Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act 1995. Readers are cautioned not to place undue reliance on forward-looking statements. DigitalTown, Inc. undertakes no obligation to update any such statements to reflect actual events.

Media Contacts:

Rob Monster
CEO
DigitalTown, Inc.
Email: rob@digitaltown.com
Phone: 425-295-4564

Michele Brich
SDHLA
Email: info@sdhla.com
Phone: (605) 224-1330

Source: DigitalTown, Inc.

California Hotel & Lodging Association Joins DigitalTown Global Smart Tourism Network

SEATTLE, WA and SACRAMENTO, CA — (Marketwired) — 05/10/17 — DigitalTown, Inc. (OTC PINK: DGTW) is pleased to announce the execution of a definitive operating agreement with the California Hotel & Lodging Association (CH&LA) to introduce DigitalTown’s Smart Tourism platform across California.

The partnership calls for rollout of the DigitalTown Smart City platform for each of the major cities across California where residents and visitors can connect, share and transact locally. The first rollout will occur in Summer 2017 in San Diego, CA, utilizing the domain name SanDiego.city. This will be followed by cities across California, as well as a state-wide lodging discovery portal to help travelers book locally and to help visitors see California through local eyes.

Jennifer Flohr, Senior Vice President of CH&LA, commenting on the announcement explains, “I am very excited that CH&LA has partnered with DigitalTown. Their Smart City technology helps potential tourists from around the world discover the best lodging to meet their needs and will equip our member organizations to compete and win in the Digital Age.”

Rob Monster, CEO of DigitalTown added, “The lodging industry in California has been quick to embrace emerging technologies. DigitalTown is pleased to partner with CH&LA during this time of significant innovation in the lodging industry.”

Onboarding of lodging operators will begin in Summer 2017 through outreach to be coordinated through CH&LA. Under the agreement, lodging operators will be able to utilize DigitalTown’s lodging booking platform without fixed costs. Lodging commissions are capped at just 12% and are shared with CH&LA.

DigitalTown will conduct onboarding sessions at the CH&LA annual meetings to be held in San Francisco on May 23 and Los Angeles on May 25. CH&LA and DigitalTown will also participate in the June 21-23 meeting of the International Society of Hotel Association Executives in Chicago where DigitalTown will have the opportunity to present to industry leaders from across the country.

For more information about DigitalTown’s rollout in California, please contact Rob Monster, CEO of DigitalTown at rob@digitaltown.com or Jennifer Flohr at Jennifer@calodging.com.

About DigitalTownDigitalTown, Inc. (OTC PINK: DGTW) powers Smart Cities to succeed in the Digital Age. The company provides turn-key hosted solutions to power “Digital Towns,” which improve Quality of Life for residents and visitors through integrated solutions for economic development, civic engagement, digital inclusion and smart tourism for cities around the world. For more information about the company, please visit www.digitaltown.com.

About California Hotel and Lodging Association (CH&LA)Recognized as one of the most influential state lodging associations throughout the country, the California Hotel & Lodging Association’s mission is to protect the rights and interests of owners and operators and be their indispensable business resource. Established in 1893, to represent a burgeoning industry, CH&LA has built upon the goals and objectives first established in 1893. CH&LA continues to serve the unique interests of each segment of California’s diverse lodging industry.

Safe Harbor Language: Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act 1995. Readers are cautioned not to place undue reliance on forward-looking statements. DigitalTown, Inc. undertakes no obligation to update any such statements to reflect actual events.

Media Contacts:
Rob Monster
CEO
DigitalTown, Inc.
Email: rob@digitaltown.com
Phone: 425-295-4564

Jennifer Flohr
CH&LA
Email: Jennifer@calodging.comPhone: 916-554-2667

Source: DigitalTown, Inc.

DigitalTown, Digital Greenwich, Dot London Domains and MMX Announce Strategic Partnership for a Smart London

LONDON, UNITED KINGDOM and SEATTLE, WA — (Marketwired) — 05/09/17 —

  • London’s businesses and citizens to receive Smart Wallets to make it easier to search, connect and transact locally via web and mobile devices
  • Licensed Businesses and Residents to receive verified .LONDON digital identity which can be personalized
  • Services to be launched at London Tech Week on June 13, 2017 with full-day briefing by Smart City Experts
  • University of Greenwich and Digital Greenwich join forces to measure impact and accelerated innovation of Smart City tech

DigitalTown, Inc. (OTC: DGTW), the Seattle-based digital “smart community” company, today announces a major strategic partnership with Dot London Domains Limited and Minds + Machines (LSE: MMX), operators of the .LONDON top-level domain name. The ambitious partnership aims to align the .LONDON domain extension, a suite of cloud-hosted software applications and verified digital identity, with emerging Smart City initiatives to support business and inspire digital innovation in London.

The initiative — Smart.London — will entitle residents and licensed businesses to a free verified digital identity and allow them to optionally select a unique personal brand that they can own forever. Smart.London will be launched at London Tech Week on June 13, 2017.

London was identified by DigitalTown as the ideal city to showcase the possibilities of its suite of cloud-hosted Smart City applications, given London’s leading global status as a digital hub for internet based businesses. The suite includes a SmartWallet, which enables residents and visitors to search, connect and transact via web and mobile devices, all with a single login. Residents of London and licensed businesses will be able to secure a verified digital identity at no cost. The expected result is that more money stays in London while improving economic prospects for businesses and simplifying access to services for residents all across Greater London.

Smart.London will be formally launched at London Tech Week on June 13, 2017 with full-day briefing by Smart City Experts.

Rob Monster, CEO of DigitalTown, explained why London Tech Week, taking place at venues across the capital, was selected for the global launch of Smart.London as part of the Global Smart City Network. “The undeniable success of peer-to-peer marketplaces such as Uber has shown the power of cloud-based software as an organizing force to connect stakeholders in ways that transform economies in innovative ways. However, while Uber has blazed a trail, vast potential remains for innovation by civic innovators of all sizes and all types. Our aspiration is one day that Smart.London will become a global standard by which businesses and citizens connect, share and transact in smart cities.”

The .LONDON registry is now one of 24 other top-level domain registries that are part of the emerging Smart Web movement.

Dan Hill, Head of Dot London, the official domain name created for the benefit of London businesses, residents, and those wishing to be associated with the city, commented, “London’s established legacy of embracing new technology, as well as its tremendous capacity for innovation and creativity, will be on full display during London Tech Week as we convene an estimated 45,000 people from 70 countries. This strategic partnership with DigitalTown is a great example of how the new Smart Web can provide breakthrough capability for enabling London residents and visitors to engage and transact locally, while equipping London businesses to engage and sell globally.”

Toby Hall, the CEO of MMX, the operator of the .LONDON registry, added, “As a major global registry operator, we have a responsibility to support innovative and breakthrough applications of how domain extensions and domain address conventions can be used. We are delighted to play a central role in bringing this project to life.”

The rollout of the Smart.London platform will be supported by ongoing in-market research to be conducted by the University of Greenwich in order to measure market acceptance and economic impact of the Smart.London initiative. The research effort is led by Professor Bruce Cronin, who is Director of Research at the Business School, as well as Director of the Centre for Business Network Analysis. Professor Cronin commented, “At this critical time, on the eve of Brexit, London stakeholders need to adapt to a new competitive playing field — one that is increasingly digital. We are delighted to partner with such an impressive group to bring forth a wave of innovation on a scale perhaps not previously witnessed as we tap into the tremendous innovative capacity of the bright minds that call London home.”

Digital Greenwich was started in 2013 as an initiative sponsored by the Royal Borough of Greenwich to bring breakthrough Smart City technology to Greenwich. With an estimated 18 million visitors per year coming to Greenwich, and the home of the O2 arena, Greenwich is no stranger to the topic of Smart Tourism. To mark the launch of Smart.London at London Tech Week, Paul Copping, Chief Innovation Officer at Digital Greenwich and a respected expert on Smart City technology, will lead a panel of hackathon judges through the process of selecting the winning project and advising participants.

Mr. Copping commented, “Smart Cities are fundamentally about co-creating Quality of Life. The Smart.London hackathon project is a natural extension of the rollout of this exciting Smart.London platform. We are looking forward to an exciting surge of Smart City innovation across Greater London made possible by this breakthrough developer framework.”

Licensed Businesses and Residents of Greater London wishing to secure a verified London Digital Identity are encouraged to register ahead of the June launch by visiting www.Smart.London where registrations for Smart.London identities can be made.

Notes to Editors:

For more information about DigitalTown, contact Rob Monster, CEO, at rob@digitaltown.com. For more information about partnering with Smart.London, visit www.Smart.London.

About DigitalTownDigitalTown, Inc. (OTC PINK: DGTW) powers Smart Cities to succeed in the Digital Age. The company provides turn-key hosted solutions to power “Digital Towns,” which improve Quality of Life for residents and visitors through integrated solutions for smart government, economic development, civic engagement, digital inclusion and smart tourism for cities around the world. For more information about the company, please visit www.digitaltown.com.

About Dot London Domains LimitedDot London is the official Top Level Domain Name (TLD) for the city. Businesses, organisations and individuals can give their websites the “power of London” through a closer association with the city’s brand and reputation. For more information, and to register your Dot London domain today, visit Smart.London.

About Digital GreenwichDG Cities Ltd is the commercial arm of Digital Greenwich. It enables the organisation to work flexibly with external partners in research consortia, local government, consultancy and other new business opportunities related to smart city development. As a team, DG Cities Ltd offers a broad mix of skills in smart city strategies, urban innovation, economics & business development, sustainability, the modern built environment and technology management.

About MMXMinds + Machines Group Limited (LSE: MMX) is the owner and operator of a world class portfolio of top-level domain assets (gTLDs). As a sales and marketing-led registry business, we are focused on commercializing our portfolio in partnership with our expanding global network of distribution partners. The MMX portfolio is currently focused around geographic domains (e.g. .london, .boston, .miami, .bayern), professional occupations (e.g. .law, .abogado, and .dds), consumer interests (e.g. .fashion, .wedding, .vip), lifestyle (e.g. .fit, .surf, .yoga), outdoor activities (e.g. .fishing, .garden, .horse) and generic names such as .work and .casa. As a business, we work through our expanding international network of registrars and distribution partners to bring the benefits of affinity based domain addresses to B2B and consumer audiences. For more information on MMX, please visit www.mmx.co

Safe Harbor Language: Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act 1995. Readers are cautioned not to place undue reliance on forward-looking statements. DigitalTown, Inc. undertakes no obligation to update any such statements to reflect actual events.

Media Contacts:
Rob Monster
Chief Executive Officer
DigitalTown, Inc.
+1.425-295-4564
rob@digtitaltown.com

Source: DigitalTown, Inc.

New Jersey Tourism Industry Association (NJTIA) partners with DigitalTown.com 

New Jersey Tourism Industry Association Partners With DigitalTown for Smart Tourism

SEATTLE, WA and ATLANTIC CITY, NJ — (Marketwired) — 04/21/17  

DigitalTown, Inc. (OTC PINK: DGTW) is pleased to announce the execution of a definitive operating agreement with the New Jersey Tourism Industry Association (NJTIA) to introduce DigitalTown’s flagship Smart Tourism platform across the Great State of New Jersey.

Joe Simonetta, the Executive Director of the NJTIA, invited DigitalTown to speak to New Jersey’s destination marketing organizations March 9th at Resorts Casino Hotel prior to Lt. Governor Kim Guadagno revealing New Jersey’s tourism industry yearly results. DigitalTown’s address to the plenary was made by New Jersey native, Faris Oweis, Vice President of Corporate Development at DigitalTown. On the occasion of the announcement, Mr. Simonetta commented:

“As leading global innovators in the emerging field of Smart Tourism, the team at DigitalTown is uniquely equipped to partner with New Jersey to bring Tourism and Destination Marketing here into the Digital Age. We look forward to bringing this innovative capability to our member cities and equipping local merchants in order to improve visitor satisfaction, invigorate tourism growth, and keep more funds in the local economies that we serve.”

Faris Oweis, VP Corporate Development commented, “Being from New Jersey, it’s particularly rewarding to partner with the NJTIA. Meeting with destination marketing organizations across the state after my presentation, it’s clear the right teams are on the ground to welcome visitors and help them discover all our state has to offer. Even some things I was unaware of before attending the event.”

Looking ahead, DigitalTown and the NJTIA will be working with destination marketing organizations, municipalities, businesses, and relevant stakeholders to bring cities across the state into the digital age through rollout of Smart Tourism sites for each city all connected by single login for accessing services from both the public and private sector in a way that is intuitive, personalized, and secure.

For more information about DigitalTown’s rollout in New Jersey, please contact Faris Oweis at faris@digitaltown.com

About DigitalTown

DigitalTown, Inc. (DGTW) powers Smart Cities to succeed in the Digital Age. The company provides turn-key hosted solutions to power “Digital Towns,” which improve Quality of Life for residents and visitors through integrated solutions for economic development, civic engagement, digital inclusion and smart tourism for cities around the world. For more information about the company, please visit www.digitaltown.com.

About New Jersey Tourism Industry Association (NJTIA)

Established in 1984, the organization is comprised of associations, businesses, industries, resorts, attractions, destination marketing organizations, transportation companies, cultural arts and historic organizations and advocates public policies that encourage the growth and development of New Jersey’s travel and tourism industry. Motivated by our commitment to tourism’s capacity to foster economic development, generate revenues and create jobs, NJTIA is the leading voice for promoting the knowledge and understanding that travel and tourism is essential to the economy, the image and the quality of life of New Jersey.

Safe Harbor Language: Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act 1995. Readers are cautioned not to place undue reliance on forward-looking statements. DigitalTown, Inc. undertakes no obligation to update any such statements to reflect actual events.

Media Contact:
Faris Oweis
VP Corporate Development
DigitalTown, Inc.
Phone: (973) 960-2267
Email: faris@digitaltown.com

Press Contact for NJTIA:
Joseph Simonetta,
Executive Director
P: (609) 393-7799
E: jsimonetta@njpsi.com

Source: DigitalTown, Inc. and New Jersey Tourism Industry Association

DigitalTown partners with Tennessee Hospitality and Tourism Association (TnHTA).

CEO of DigitalTown.com

Digital Town (OTC: DGTW) – GovTech for Smart Cities

Picture if you will a Hawaiian Luau to the tune of Nashville Honky Tonk…

Well, last Thursday through Saturday, DigitalTown had the privilege of hosting a Smart Tourism summit meeting in Honolulu together with thought leaders who have a shared interest in improving the experience for residents and visitors when it comes to answering such questions as where to go, what to do, where to stay, how to pay and who to meet. One of our honored guests was Greg Adkins, the visionary CEO of the Tennessee Hospitality and Tourism Association, based in Nashville.

In the meantime, earlier today, DigitalTown announced a multi-year operating agreement with the TnHTA to bring DigitalTown to Tennessee. A joint launch event is planned for the upcoming annual conference of the American Chamber of Commerce Executives (ACCE) which will be in Nashville this year, and where DigitalTown is a sponsor and exhibitor. The TnHTA is a respected member of the International Society of Hotel Association Executives (ISHAE) which DigitalTown also joined earlier this month.

With a cloud-hosted DigitalTown, any city can be a Smart City. Residents and Visitors search, connect and transact local via an secure Smart Wallet via Web, Mobile or approved SmartCard. Trade Association members for Lodging, Dining and Tourism, members of local Chambers of Commerce, and municipality-verified merchants, pay no fixed fees, get paid quickly, and only pay for transactions. Municipalities and approved destination marketing organizations are able to use advanced content tools, all for free.

DigitalTown is rolling out Smart Cities across Tennessee and around the world with integrated solutions for Retail, Services, Dining, Lodging, Property and Transportation. For hotel and lodging providers who are tired of paying up to 40% commission to Expedia, or waiting up to 60 days after a guest stay to get paid, help is on the way. For restaurants, that are tired of managing biased Yelp reviews or don’t see the economic benefit of paying OpenTable cover fees of up to $9 per cover, the cavalry is here.

When it comes to Smart City innovation, forget about infrastructure-heavy Internet of Things (IoT). The low hanging fruit is in the cloud! AirBnB and Uber have shown the way — smart cloud software is the organizing force that connects stakeholders using existing infrastructure. DigitalTown’s Smart City platform helps residents and visitors co-create quality of life through Smart Government, Economic Development, Civic Engagement, Digital Inclusion and Smart Tourism.

So, in 2017 it is time for cities around the world to Get Smart. Honky Tonk optional.

Tennessee Hospitality & Tourism Association signs historic pact with Digital Town.                                                                                                                                    Digital Town rolling out ‘Smart Tourism’ portals for cities across Tennessee.

SEATTLE, WA and NASHVILLE, TN — (Marketwired) — 03/09/17 — DigitalTown, Inc. (OTC PINK: DGTW) is pleased to announce the execution of a definitive operating agreement with the Tennessee Hospitality and Tourism Association (TnHTA) to introduce DigitalTown’s flagship Smart Tourism platform across the Great State of Tennessee.

Greg Adkins, the President & CEO of the TnHTA participated in DigitalTown’s inaugural Smart Tourism summit in Honolulu from March 2-4. Reflecting on his time with members of DigitalTown’s management team and Directors, Mr. Adkins commented:

“I’m extremely excited that TnHTA is now officially a strategic partner with DigitalTown. I’m impressed by the robust and in-depth technological platform that makes it easy and practical for guests to directly book rooms, make reservations, order to-go food, make retail purchases and even buy tickets for attractions. It is truly smart tourism.”

Rob Monster, CEO commented, “We are delighted to partner with the TnHTA. Greg Adkins brings the rare combination of restaurant industry savvy, legislative experience and a vision for what technology can do to improve both the user experience and operating economics.”

During Spring 2017, DigitalTown will roll out a network of city-specific portals across Tennessee as part of the DigitalTown Smart City network. The result will be more opportunities to support thriving local economies while making communities more intuitive for both residents and visitors as they navigate services from both the public and private sector.

Looking ahead, DigitalTown and the TnHTA will conduct a joint Smart Tourism event in Nashville on Monday, July 17, 2017 concurrent with the American Chamber of Commerce Executive (ACCE) conference where DigitalTown is an exhibitor, member and sponsor.

For more information about the DigitalTown Smart Tourism event in Nashville, visit DigitalTown.com/ACCE. To learn more about the Nashville ACCE conference visit convention.acce.org.

About DigitalTownDigitalTown, Inc. (DGTW) powers Smart Cities to succeed in the Digital Age. The company provides turn-key hosted solutions to power “Digital Towns,” which improve Quality of Life for residents and visitors through integrated solutions for economic development, civic engagement, digital inclusion and smart tourism for cities around the world. For more information about the company, please visit www.digitaltown.com.

About Tennessee Hospital & Tourism Association (TnHTA)

The Tennessee Hospitality and Tourism Association is a trade association that is the advocacy voice and key resource for information and education for the hospitality and tourism industry in Tennessee. The purpose of TnHTA is to represent in an ethical and professional manner the common interest of its members in the state’s hospitality & tourism industry, including political action and government relations, education and professional development, and industry advancements and development.

Safe Harbor Language: Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act 1995. Readers are cautioned not to place undue reliance on forward-looking statements. DigitalTown, Inc. undertakes no obligation to update any such statements to reflect actual events.

Media Contact:
Rob Monster
Chief Executive Officer
DigitalTown, Inc.
(888) 462-3303
rob@digitaltown.com

Source: DigitalTown, Inc.

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