Business
Forward Water Technologies Corp Announces Sales Representative Agreement with Mabarex Inc.
TORONTO, ON / ACCESSWIRE / February 14, 2022 / Forward Water Technologies Corp. (" Forward W...
About this update from Forward Water Technologies Corp
[{"type":"text","content":"Forward Water Technologies Corp Announces Sales Representative Agreement with Mabarex Inc.TORONTO, ON / ACCESSWIRE / February 14, 2022 / Forward Water Technologies Corp. (\"Forward Water\" or the \"Company\") (TSXV:FWTC) is pleased to announce the signing of a Sales Representative Agreement with Mabarex Inc. (\"Mabarex\"), confirming its leading position in the supply of innovative technologies for wastewater reuse and management.Through Mabarex's extensive commercial relationships, the Company expects to be able to better deliver Forward Water's proprietary forward osmosis process and solutions to the Canadian market. Under the arrangement with Mabarex, Forward Water will provide laboratory, engineering, and system support to enable the implementation of its technology while Mabarex will identify commercial applications for its client base. The Company's patented forward osmosis solution recovers clean water from industrially produced wastewater. This process results in a significant reduction in the volume of wastewater sent for disposal while at the same time lowering operational costs, reducing energy requirements, and minimizing greenhouse gas emissions (GHG) in comparison to conventional technologies and approaches.Forward Water's low-cost forward osmosis system operates by selectively extracting pure water from difficult to treat feed streams, enabling new reuse opportunities in client processes or aquafer recharging. Forward Water CEO, Mr. Honeyman comments, \"Mabarex is well positioned in Canada to identify and support commercial opportunities for Forward Water's technology and in doing so continue to provide value to their clients.\"Forward Water expects that the low-energy requirements and remarkable capabilities of Forward Water's technology combined with the technology offerings of Mabarexwill allow for the delivery of innovative and unique treatment platforms in support of industrial wastewater, oil and gas, mining, agriculture, and municipal and other sectors concerned with water reuse sustainability and the lowering of their carbon footprint.About Forward Water Technologies Corp.Forward Water Technologies Corp. is a publicly traded Canadian company dedicated to saving the earth's water supply using its patented Forward Osmosis technology. The Company was founded by GreenCentre Canada, a leading technology innovat...