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    In consideration for the Agreement, the Company will issue 1,093,750 common shares that are subject to a statutory four (4) month and one (1) day hold. The shares will be released to the Consultant in thirds; one-third (1/3) up front, one-third (1/3) in two (2) months and 1/3 in four (4) months into the term.

    Issuance of Stock Options

    The Company would like to announce that it has granted 2,900,000 stock options to Officers, Directors, Employees and Consultants at an exercise price of $0.075. The stock options will be exercisable for 5 years.

    About SHARC International Systems

    SHARC International Systems Inc. is a world leader in thermal heat recovery. SHARC technology 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.

    If you wish to receive news releases and investor updates straight to your inbox, please click here to sign up.

    ON BEHALF OF THE BOARD

    “Lynn Mueller”
    Chairman and Chief Executive Officer

    For further information, please contact:

    Investor Relations
    Jamie Hyland
    SHARC International Systems Inc.
    Telephone: (604) 442-2425
    Email: jamie.hyland@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.

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    SHARC International Secures a Key Account in the State of Washington - Seite 2 VANCOUVER, British Columbia, Jan. 20, 2020 (GLOBE NEWSWIRE) - SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC" or "the Company") is pleased to announce that it has secured a Key Account in the State of Washington …

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