Sharc International Systems Inc. is a world leader in thermal heat recovery. The Sharc heat pump technology recycles the heat derived from waste streams by amplifying the natural warmth within the sewer system, thereby, generating clean, renewable thermal energy for commercial and residential buildings, reducing heating costs and carbon emissions. Through the development of its SHARC line of equipment for large applications, and its PIRANHA line of equipment for smaller applications, the Company can engineer energy saving solutions for most multi-residential complexes, as well as reduce energy costs as well as the carbon footprint for a variety of industries. Sewage that runs through municipal pipe networks is 98% composed of water and has a temperature of about 21 to 22 degrees Centigrade. A US Department of Energy study found that 400 billion kilowatt-hours of energy, or $40 billion worth of power, is lost through the draining of sewage each year in the US alone. The objective of SHARC is to obtain a 5-10% share of this potential within the next five years.