The principle of MVHR is to recover heat that would otherwise be lost through natural ventilation of the home and recycle it. You will still need a conventional heating system however, with efficiencies of over 90% heat recovery the MVHR systems Fervo supply, it will cost less to run because you will require less heat input.
It is possible to add an in-line heater to some MVHR systems however this will not be sufficient to heat a home.