Forward Water Technologies Corp. (“Forward Water” or the “Company“) (TSXV:FWTC) is pleased to announce an amendment to the signing of a non-binding letter of intent and announce that the Company has signed and entered into a definitive agreement dated February 3rd, 2022 with Membracon (UK) Ltd. (“Membracon“) that outlines the terms of their joint venture. The joint venture will be resourced by both Membracon and Forward Water and will be responsible for delivery of Forward Water’s proprietary forward osmosis processes and solutions within the United Kingdom and Ireland. Matt Williams, Managing Director for Membracon said,” The addition of Forward Water’s FO technology to the Membracon water treatment portfolio allows us to better serve our client base and provide unique and highly effective solutions for their challenging water management needs.”