CLEARFORD-ASI NOW LARGEST WATER/WASTEWATER MANAGEMENT COMPANY IN ONTARIO

STONEY CREEK, Ontario, August 12, 2019 – ASI Group Ltd. (ASI) has sold controlling interest of the

ASI Water division to Clearford Water Systems Inc. ASI Water, previously a division of ASI Group Ltd. has been responsible for water and wastewater operations and management for clients across Ontario. ASI will retain a minority ownership in the new company and will be involved in the strategic direction of the new company; Clearford-ASI.

“Joining the two companies will now make Clearford – ASI the largest privately-owned water and wastewater companies in Ontario operating over 170 sites across the province.” said Carmen Sferrazza, President and CEO, ASI Group Ltd.

The sale of ASI Water will allow for ASI Group Ltd. to concentrate on it’s long-standing core service offerings including underwater surveys, remote inspections, commercial dive and biofouling (mussel) control and monitoring and allow for additional Research & Development opportunities.

The new Clearford-ASI will continue to operate out of the current Stoney Creek office.

About ASI Group Ltd.

ASI Group Ltd. (ASI) was founded in 1987 as Aquatic Sciences Inc. by a small team of technical professionals committed to providing industries and governments worldwide with innovative underwater infrastructure inspection solutions.

For more information about this project, please contact:

Andrew Vitaterna