H2O Innovation (2000) Inc. ("H2O Innovation" or the "Company") (TSX
VENTURE:HEO)(ALTERNEXT:MNEMO:ALHEO), a Canadian company specializing exclusively
in water technology, has won a bid launched by Petro-Canada Oil Sands Inc.
("PCOSI") on behalf of Fort Hills Energy L.P. to build six water filtration
units with a combined treatment capacity of 3960 cubic meters per day. Using
clean technology, the membrane water filtration units will be installed at the
Fort Hills Mine currently being built in northern Alberta, Canada. Amounting to
CA$9.4 million this contract is the biggest in H2O Innovation's history. It
brings H2O Innovation's sales backlog to CA$29 million.


First delivery in April 2009

H2O Innovation has been hired for its ability to:

- Manufacture made-to-order systems to precise customer specifications

- Meet customer manufacturing and delivery deadlines.

The contract will draw upon resources at all Company offices in Canada and the
United States and will not require any additional investment. Engineering and
project management will be carried out by the Calgary, Canada office, backed by
the team in San Diego, United States while the six units will be built at H2O
Innovation's two plants, one near Quebec City, Canada, the other in Minneapolis,
United States. The contract stipulates that the first two water filtration units
are to be delivered in April 2009, the next two in summer 2009, and the last two
in fall 2009.


The water filtration facilities at the Fort Hills Mine have a projected lifespan
of forty years. The H2O Innovation water filtration units will provide drinking
water to more than 6,000 workers at the site during the construction and
operation phases.


"We are extremely proud to have been awarded this contract for the Fort Hills
Oil Sands Project. This is a landmark assignment for H2O Innovation and it
brilliantly showcases the teamwork of our engineering, manufacturing capacity,
and ability to develop made-to-order solutions. The contract also illustrates
our business development potential and our organic growth capabilities," stated
President and CEO Frederic Dugre.


Fort Hills Energy L.P. is the owner of the Fort Hills Oil Sands Project which
includes the Fort Hills Mine and the proposed Sturgeon Upgrader. Fort Hills
Energy L.P. is comprised of three limited partners: Petro-Canada, UTS Energy
Corporation and Teck Cominco Limited, as well as, general partner Fort Hills
Energy Corporation. Petro-Canada Oil Sands Inc., a wholly owned subsidiary of
Petro-Canada is the contract operator of the Fort Hills Oil Sands Project.


The new H2O Innovation dimension is beginning to bear fruit

In the water sector, reputation is built on references, and H2O Innovation
continues to build a solid and lasting reputation The Company has built a sound
foundation-notably through acquisitions-of solid references (over 400 systems
installed to date in North America) and recognized technological, engineering,
manufacturing know-how, and a strong track record for on-time delivery. H2O
Innovation has the human capabilities (staff of over 100) and material resources
(two manufacturing plants) to complete present and future projects.


About H2O Innovation

H2O Innovation's mission is to design, develop, produce and integrate
state-of-the-art, environmental friendly products dedicated to the production of
drinking water, the treatment of wastewater and industrial processed water, and
the reclamation of water.


Prospective disclosures

This press release may contain prospective disclosures representing current
expectations of H2O Innovation and are subject to certain risks and
uncertainties. H2O Innovation rejects any obligation to revise or update the
prospective disclosures contained in this press release.
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