Mr. Howie Honeyman reports

FORWARD WATER TECHNOLOGIES CORP. ANNOUNCES SUCCESSFUL COMPLETION OF A PROOF OF CONCEPT EVALUATION CONTRACT

Forward Water Technologies Corp. has successfully completed a project illustrating how forward osmosis (FO) can be used to concentrate feed streams having high value.

The client, a globally positioned leader in its commercial field expressed interest in evaluating FO as a method to create a high-value concentrate that enable cost-effective downstream production. Under the client sponsored trial, FWT was able to show that using FO in a manner the reflects the capabilities of its proprietary technology, the feed stream could be concentrated far in excess of the target goals. The potential result is a process that could effectively reduce production costs by the elimination multistage thermal evaporation, which is currently used. The customer and the company are now considering the next stages of the project that would ultimately lead to commercial implementation.

"With this result there is good reason to believe that the developing technology FWTC has in its portfolio that a new cold concentration pathway can be established that surpasses those in the current marketplace," said C. Howie Honeyman. Further, he stated, "While we are excited to work with our current client, we will also be able to rapidly deploy this technology in other sectors once we complete these first scale up efforts."

About Forward Water Technologies Corp.

Forward Water Technologies 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 (research and development) for the treatment of food and beverage process streams.

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