Forward Water Technologies Corp. Announces New Intellectual Property Allowance

About this update from Forward Water Technologies Corp

TORONTO, May 20, 2026 /CNW/ - Forward Water Technologies Corp. ("FWTC" or the "Company") (TSXV: FWTC) is pleased to announce that the Company has been informed by the United States Patent and Trademark Office (USPTO) that its patent application for a new forward osmosis technology useful in the food and beverage sector has been allowed and issuance of the patent is anticipated in the next 3-4 weeks. Forward osmosis has long been known to enable the cold concentration of food and beverage products, which can include dairy, juices, caffeinated products and alcoholic beverages such as beer and wine. The resultant concentrates are known to be superior to those made using thermal evaporation and maintain the high quality of the original liquids. The challenge has been finding pathways to ensure this is an economically viable process. Forward Water in conjunction with Queen's University in Kingston Ontario Canada, has developed a new proprietary pathway to enable a cost-effective forward osmosis method to create these enhanced concentrates that could exceed the level of concentration previously achieved by others. C. Howie Honeyman, CEO of FWTC says, "moving into the food and beverage sector with key new intellectual property enables FWTC to quickly and uniquely address the demand for new ways to differentiate product lines, reduce costs of transportation, and enable new products in a sector demanding new innovation." 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 innovation centre supported by the government of Canada. The Company's technology allows for the reduction of challenging waste streams simultaneously returning fresh water for re-use or surface release. The Company's mandate is to focus on the large-scale implementation of its technology in multiple sectors, including industrial wastewater, oil and gas, mining, agriculture and ultimately municipal water supply and re-use market sectors. In addition, the Company has initiated early-stage R&D for the treatment of food and beverage process streams. For more information, please visit www.forwardwater.com. Neither the TSX Venture Exchang...

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