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Clearford India has 20/20 Vision for the New Year

By Sanjay Deshpande, Executive Director & Head of Operations, Clearford India

Done and Dusted! 2019 was a very busy year in India for Clearford. When it began, Clearford had just completed the first manufacturing unit sewerage system at HILTI Engineering Plant 1 and was nearing completion of the McCain Foods plant. At the start of the year, Clearford was also involved in Phase 1 of the L&T Hydrocarbon Engineering sanitation project at Alwa Village as a part of their Corporate Social Responsibility (CSR) mandate.

2019 was a breakthrough year for Clearford India. We were awarded major contracts throughout the year which led to an expansion of activity outside of Gujarat State, where all of the Company’s projects were located in 2018. Clearford committed to several projects that provided sanitation systems to aid human health and environmental sustainability. With the exception of the HILTI plants, all the projects were contracted with different clients.

Awarded three manufacturing plant projects:
- Mahindra Automotive
- HILTI Unit 2
- HILTI Unit 3
Granted expansion of original system installation for McCain Foods plant
Awarded four additional village sanitation CSR projects:
- Plot Pada, near Mumbai, Maharashtra
- Alwa (Phase 2), Vadodara, Gujarat
- Palavasna (Phase 1), Mehsana, Gujarat
- Rangapuram, Chennai, Tamil Nadu

Clearford India’s clientele more than doubled this year to seven clients and expanded geographically to projects in three states – Gujarat, Maharashtra and Tamil Nadu. Four clients have committed to executing additional projects with Clearford. To balance the growth, Clearford opened two new regional offices – one in Ahmedabad, Gujarat and the other in Chennai, Tamil Nadu – to support the Company headquarters in Pune, Maharashtra.

Most of these projects were the result of people coming to see our completed projects in Gujarat and being impressed by not only Clearford’s engineering capabilities, but also the quality of construction and the positive feedback they repeatedly heard from the project stakeholders.

The year ahead looks equally busy with three existing sanitation projects carrying into the first quarter of 2020, plus the confirmation of three additional projects in the second quarter and prospective manufacturing plant projects on the horizon in two different states. Discussions are also underway with ISED, IRAP, NRC and SDTC to assess whether a Demonstrator Project can be funded as a part of the Government of India’s Naomi Ganga (Clean Ganga) River project.

There is a lot to look forward to in 2020. The Clearford India team is focused on working hard to complete current projects, execute new contracts, and pursue its first slum sewerage project in Mumbai.

About Clearford Water Systems Inc.
Clearford Water Systems Inc. is a provider of unified water management solutions for the design, build, finance, operation and maintenance of water and wastewater infrastructure systems. The Company’s technology-based water solutions include Clearford One^® wastewater infrastructure systems, Clearford M-brane™ packaged treatment solutions, and a full range of UV Pure^® water disinfection products. Clearford is the winner of the Frost & Sullivan 2017 Enabling Technology Leadership Award for Global Decentralized Water & Wastewater Treatment. For more information on Clearford Water Systems, please visit www.clearford.com.

Forward Looking Statements
This news release contains certain statements that constitute forward-looking statements as they relate to the Company and its management. Forward-looking statements are not historical facts but represent management’s current expectation of future events, and can be identified by words such as “believe”, “expects”, “will”, “intends”, “plans”, “projects”, “anticipates”, “estimates”, “continues” and similar expressions. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that they will prove to be correct.

By their nature, forward-looking statements include assumptions and are subject to inherent risks and uncertainties that could cause actual future results, conditions, actions or events to differ materially from those in the forward-looking statements. If and when forward-looking statements are set out in this news release, Clearford will also set out the material risk factors or assumptions used to develop the forward-looking statements. Except as expressly required by applicable securities law, the Company assumes no obligation to update or revise any forward looking statements. The future outcomes that relate to forward-looking statements may be influenced by many factors, including, but not limited to: industry cyclicality; the ability to secure third party agreements; successful integration of Clearford’s system with third party technology; competition; reduction in demand for products; collection from customers; relationships with suppliers; product liability; intellectual property; reliance on key personnel; environmental; interest rates; uninsured and underinsured losses; operating hazards; risks of future legal proceedings; income tax matters; credit facilities; availability and terms of financing; distribution of securities; restrictions on potential growth; effect of market interest rates on price of securities; and potential dilution.

For more information contact:
Kevin Loiselle, President & CEO
Clearford Water Systems Inc.
Phone: 613 599 6474 ext. 303
www.clearford.com