TORONTO, FEBRUARY 19, 2010 - XPV Capital is pleased to announce the first close of its XPV Water Fund Limited Partnership.  The Fund will invest in water technology companies seeking to take advantage of global water trends affecting municipal, industrial, agricultural, and commercial water users.  XPV will focus on high growth companies and platform investments within their current areas of focus, including demand reduction, wastewater to product, wastewater reuse, infrastructure renewal, and desalination.  Led by an experienced group of Managing Directors and backed by a world-class Strategic Advisory Board and institutional limited partners, XPV believes it is well positioned to capitalize on the unprecedent investment opportunities now present in the sector.

About XPV Capital Corporation

XPV Capital Corporation is a Toronto-based investment firm that has been focused on making a difference in water since 2005.  By combining water entrepreneurs with investment professionals, XPV considers itself a value added financial partner for both investors and companies aiming to capitalize on the sweeping transformation taking place in the global water industry.  XPV uses its industry insight and focused approach to invest in rapidly growing water enterprises.  They put their water and investment resources to work by helping portfolio companies expand their strategic networks and execute market-driven milestones.  XPV invests at all stages of a company’s growth cycle and seeks potential investments throughout the global water community.