GEORGE R. WEST APPOINTED PRESIDENT OF H₂O APPLIED TECHNOLOGIES

BOSTON, MA - December 8, 2008 - H₂O Applied Technologies today announced that it has named George R. West President of the Company. West has over twenty years in the energy and performance contracting markets and will be responsible for overseeing the continued growth of H₂O Applied, expanding its strategic vision and increasing its market reach nationally.

"H₂O Applied Technologies is a leader in the growing energy conservation marketplace and is in a key position to capitalize on this dynamic and exciting sector. With its industry leading water conservation expertise, comprehensive energy conservation capabilities, and unique off-balance sheet financing program, the Company is uniquely positioned in this dynamic marketplace," said West, who will work out of H₂O's Boston Headquarters. "I am looking forward to continuing to build new business, seek out new growth opportunities and help H₂O consistently deliver high performing energy conservation projects."

West comes to H₂O after fourteen years at Siemens Buildings Technologies, Inc. As the Vice President and Division Head of Siemens' Security Solutions, he was responsible for strategy, marketing, product management, operations and performance of their US security integration business.

Prior to Siemens, West spent ten years at Johnson Controls, Inc., where as an Area Performance Contracting Manager in the Northeast, he was focused on developing the performance contracting business and was responsible for both sales and operations for the business unit.

"We are pleased to have George join the H₂O Applied team. With his strong energy industry experience, leadership skills and dedication he will be instrumental in the continued growth and success of the business," said Hope Sidman, Vice Chairman and Chief Executive Officer of H₂O Applied Technologies.

West holds a Masters in Business Administration from Northwestern University's J.L. Kellogg Graduate School of Management and Bachelor's degree in Mechanical Engineering from Rose-Hulman Institute of Technology.

H₂O APPLIED TECHNOLOGIES RECOGNIZED AS WOMAN OWNED BUSINESS IN PENNSYLVANIA

BOSTON, MA - November 24, 2008 - H₂O Applied Technologies has been certified as a woman owned business, or WBE (Women's Business Enterprise) by the Commonwealth of Pennsylvania.

H₂O features a fully expanded offering beyond water conservation, including steam and lighting system retrofits, HVAC system upgrades, and new central energy plant equipment developed and installed by its experienced engineering and construction management staff. Providing these services as a Women Owned Business is expected to be an added benefit to H2O's Energy Service Company (ESCO) partners.

"H₂O Applied Technologies is excited about the increased opportunities that our ESCO partners will see as a result of our certification as a woman owned business," said Hope Sidman, Chief Executive Officer. "Given the current economic climate and rising utility costs, H2O's work with water and energy conservation projects in the Federal, State and local government sectors is taking on an even greater importance, and we are looking forward to growing this aspect of our business with our ESCO partners throughout the United States."

Past H₂O projects, where the Company worked as a subcontractor to ESCOs, also include the University of Massachusetts, the University of Kansas, National Institutes of Health, Veterans Affairs Medical Centers, U.S. Department of Agriculture, U.S. Naval Air Stations, State Correctional Facilities, public schools and low income housing properties.

HOPE SIDMAN NAMED TO BOSTON BUSINESS JOURNAL'S "40 UNDER 40" LIST

BOSTON, MA - August 25, 2008 - Hope Sidman, Chief Operating Officer of H₂O Applied Technologies, has been named to The Boston Business Journal's 11th annual "40 under 40" list, which recognizes young professionals under the age of 40 who are considered to be greater Boston's next generation of business leaders and innovators.

"It is an honor and a privilege to be included with my peers as part of the next generation of business leaders and innovators," said Sidman. "The Boston Business Journal and the '40 under 40' list exemplify the Boston area's importance in shaping the business world and its future."

Since stepping into a leadership role with the company three years ago, Sidman has helped H₂O, which creates water and energy savings for clients, realize double digit growth and earn an Energy Star Partner designation by the Environmental Protection Agency. Under her leadership, H₂O has secured projects in Massachusetts, Pennsylvania, New York, Florida, New Jersey and many other locations.

Sidman was most recently named to the Board of the United Way of Massachusetts Bay and Merrimack Valley. She is an Overseer of the Brigham and Women's Hospital, chaired their Pillar Society Campaign in 2007 and will do so again in 2008. She is also a co-chair for the upcoming 25th anniversary of the Leventhal-Sidman Jewish Community Center Lights and Spice Ball in December 2008.

HOPE SIDMAN IS POSITIONED FOR ENERGY CONSERVATION AS NEED HEATS UP

BOSTON, MA - July 8, 2008 - Click the link above to read Boston Women's Business profile of H₂O Vice Chair and Chief Operating Officer, Hope Sidman.

HOSPITALS MAY FACE NEW 'GREEN' STANDARDS

NECN - June 12, 2008 - Massachusetts health authorities want the state's hospitals and nursing homes to think green. Under new guidelines-- which could be adopted as early as this fall-- any healthcare facility looking to renovate or expand would have to comply with practical green building standards. If approved this would make the Bay State the first to tie environmentally friendly construction with healthcare expansion. Several area hospitals have already voluntarily adopted their standards including Brigham and Women's Hospital. Its new 380 million dollar addition was built to green construction standards. Alfred Scaramelli, President of H₂O Applied Technologies, helped make that happen, and discusses the process, as well as the benefits.

H₂O APPLIED TECHNOLOGIES BECOMES WOMEN OWNED BUSINESS

BOSTON, MA - March 4, 2008 - H₂O Applied Technologies, which creates energy savings for hospitals and universities by identifying inefficiencies and installing new energy conservation equipment, announced today that it has become a Women-Owned Business.

"H₂O Applied Technologies' designation as a women owned business is a reflection of our operational and ownership structure and is an important and exciting designation for the Company," said Hope Sidman, Vice Chairman and Chief Operating Officer. "As utility costs continue to rise, H₂O is extremely well positioned to expand its participation in water and energy conservation projects in the Federal, State and local government sectors and is looking forward to growing this aspect of our business with our Energy Service Company partners throughout the United States."

H₂O features a fully expanded offering beyond water conservation, including steam and lighting system retrofits, HVAC system upgrades, and new central energy plant equipment developed and installed by its experienced engineering and construction management staff. Providing these services as a Women Owned Business is expected to be an added benefit to H₂O's ESCO partners.

Past H₂O projects, where the Company worked as a subcontractor to ESCOs, have included the University of Massachusetts, the University of Kansas, National Institutes of Health, State of Pennsylvania Office Buildings, Veterans Affairs Medical Centers, U.S. Department of Agriculture, U.S. Naval Air Stations, State Correctional Facilities, public schools and low income housing properties.

H₂O APPLIED TECHNOLOGIES, BRIGHAM AND WOMEN'S HOSPITAL TEAM ON ENERGY CONSERVATION EFFORTS

BOSTON, MA - October 18, 2007 - H₂O Applied Technologies, which creates energy savings for hospitals and universities by identifying inefficiencies and installing new energy conservation equipment, announced today that it has entered into a contract with Brigham & Women's Hospital in Boston. As part of the agreement, H₂O Applied Technologies will work closely with the hospital to finance, develop and install a number of energy efficiency improvements to conserve energy. The project is expected to save the hospital approximately $750,000 annually.

"We continually face important and competing needs for health care dollars. Our first priority is directing funds to support state-of-the-art, quality patient care; focusing on our campus infrastructure and deferred maintenance is always a challenge," said Gary L. Gottlieb, M.D., President of Brigham and Women's Hospital. "We are pleased to partner with H₂O Applied Technologies so we can focus on cost savings as well as underscore our collective commitment to green buildings and the environment."

Beginning in fall 2007, H₂O will install systems to make heating and cooling in the hospital more efficient. Controls that supply air into rooms for heating and air conditioning will be replaced with new systems. These new systems will allow heating and cooling to reduce only in areas that are unoccupied at night (e.g., kitchen, offices, certain outpatient areas), thereby saving on energy. Major portions of the hospital's older steam distribution system will be replaced with new piping, insulation and steam control valves. Many motors on various pumps and fans will be replaced with new, high efficiency motors that allow the motor to slow down or speed up as needed.

"At H₂O, we realize that hospitals and universities suffer from an inability to raise capital for energy conservation even though they recognize its importance," said Hope Sidman, Vice Chairman, H₂O Applied Technologies. "We applaud the Brigham and Women�s Hospital for taking a leadership stance on energy conservation and being at the forefront of the Green Movement. Energy conservation is no longer optional, and by reducing their utility consumption and carbon footprint the Brigham is doing the right thing for the environment."

Other H₂O clients currently experiencing reduced energy costs and increased energy efficiency include North Shore University Hospital, Long Island Jewish Medical Center, The Western Pennsylvania Hospital and Catholic Health East hospitals. The company has also worked extensively with St. Elizabeth's Medical Center in Brighton, Mass. and New England Medical Center in Boston, Mass.

H₂O APPLIED TECHNOLOGIES APPROVED AS ENERGY STAR PARTNER

BOSTON, MA - September 26, 2007 - H₂O Applied Technologies, which creates energy savings for hospitals and universities by identifying inefficiencies and installing new energy conservation equipment, announced today that it has been approved as an Energy Star Partner by the Environmental Protection Agency (EPA) and the Department of Energy (DOE).

As an Energy Star Partner, H₂O has further confirmed its commitment to promoting and using energy efficiency in all business practices. As a result of its partner status, H₂O will now be included in the EPA database for other partners, giving the Company a chance to showcase its business model and mission � to create energy savings.

H₂O uses a unique off balance sheet funding method to provide energy savings and new equipment at no cost to its clients � the client and H₂O share in the savings. H₂O evaluates all utilities for its clients, from natural gas and oil, steam and electricity to water and telecommunications. After a detailed energy audit, the company works with each client to make equipment replacements and/or improvements to ensure the most effective method for achieving and measuring sustainable energy savings.

"The Energy Star trademark is a recognizable symbol of quality and efficiency, and we are pleased to demonstrate to our clients that we align our projects and business practices with Energy Star standards," said Hope Sidman, Vice Chairman, H₂O Applied Technologies.

As part of the Energy Star partner program, H₂O is also able to use Energy Star software to benchmark clients� buildings and show the improvements made due to the work H₂O conducts. It also provides recognition from Energy Star to the buildings if they operate in the top 25 percent of their peers in energy use per square foot, ultimately promoting energy efficiency while congratulating organizations that are doing well.

ENERGY STAR is a joint program of the U.S. Environmental Protection Agency and the U.S. Department of Energy helping us all save money and protect the environment through energy efficient products and practices. For more information, visit www.energystar.gov