H2O Innovation to Release 2012 Q1 Financial Results and Hold Annual General Meeting of Shareholders on December 7, 2011


QUEBEC CITY, QUEBEC--(Marketwire - Nov. 29, 2011) - H2O Innovation Inc. ("H2O Innovation" or the "Company") (TSX VENTURE:HEO)(ALTERNEXT:MNEMO:ALHEO) announces that it will release its financial results for the first quarter of fiscal 2012 on Wednesday, December 7, 2011, at approximately 7 a.m. (Eastern Time). H2O Innovation also announces that its Annual General Meeting of Shareholders will be held on the same day, December 7, at 10 a.m. (Eastern Time) at Le Cercle, 228 rue St-Joseph Est, Quebec City (Quebec), Canada.

Philippe Gervais, Chairman of the Board, and Frédéric Dugré, President and Chief Executive Officer, are pleased to invite shareholders and all other interested parties to attend the meeting, during which they will review the results of fiscal 2011, comment the results of the first quarter of fiscal 2012 and provide an update on the Company's long term growth strategy.

Webcast

For those unable to attend in person, a live webcast of the meeting and Management presentation (audio and slides) will be available through the Company's website at www.h2oinnovation.com. The webcast will remain available for replay for 90 days on the Company's website in the Investors section.

Conference call

H2O Innovation will also hold a conference call at 1:00 p.m. (Eastern Time) to take questions on the first quarter results from shareholders, analysts and institutional investors. As it will follow by a few hours the Annual General Meeting of Shareholders, the call will not repeat Management presentation and will start directly with the question-and-answer session.

Shareholders, analysts and institutional investors are invited to participate. The numbers to dial for access are 514-392-9193 (Montreal area) or the North American toll-free number 1-866-226-1792. International participants are invited to dial +1 514-392-9193.

Media representatives and other interested parties may participate in listen only mode or may listen to the live webcast of the conference call (audio and slides) accessible through H2O Innovation's website at www.h2oinnovation.com. The webcast will also remain available for replay on the Company's website.

About H2O Innovation

Building on 11 years of experience, H2O Innovation provides integrated technological water treatment solutions based on membrane filtration technology to municipal, energy & mining end-users. H2O Innovation designs state-of-the-art custom-built water treatment systems for the production of drinking water and industrial process water, the reclamation and reuse of water, and the treatment of wastewater, while providing a complete line of specialty chemicals and consumables for membrane filtration and reverse osmosis systems. With more than 100 employees and seven locations in North America, H2O Innovation is also a founding partner of H2O Innovation India, a joint venture based in Mumbai, India. Shares of H2O Innovation are listed on the TSX Venture Exchange (HEO) and the NYSE Euronext Alternext Exchange (MNEMO:ALHEO). For more, visit www.h2oinnovation.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the Alternext Exchange accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

H2O Innovation Inc.
Guillaume Ducharme
+1 418-688-0170, ext. 329
guillaume.ducharme@h2oinnovation.com
www.h2oinnovation.com