BioteQ Environmental Technologies Inc.
TSX : BQE

BioteQ Environmental Technologies Inc.

June 17, 2009 08:30 ET

BioteQ Named One of Canada's Top 50 Most Socially Responsible Corporations

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 17, 2009) - BioteQ Environmental Technologies Inc. (TSX:BQE), a leader in the treatment of industrial waste water, has been named one of Canada's Top 50 Most Socially Responsible Corporations in the 2009 Jantzi-Maclean's Corporate Social Responsibility Report. BioteQ has been recognized for its role in helping resource companies around the world to convert contaminated industrial wastewater from an environmental liability into a useful resource.

Brad Marchant, Chief Executive Officer for BioteQ, stated, "We are delighted to be recognized as one of Canada's Most Socially Responsible Corporations. Our technologies help to solve challenging water treatment problems at industrial sites around the world, and we are proud of our role in helping our customers to deliver environmentally responsible water treatment solutions."

BioteQ treats industrial wastewater that is contaminated with dissolved metals and sulphate by using its unique patented technologies that selectively recover dissolved metals in a form that can be recycled into useful products, while also producing clean water that can be re-used or safely discharged to the environment. BioteQ's processes help customers to reduce their impact on the environment and comply with environmental regulations.

The 50 Most Socially Responsible Corporations report was compiled by Jantzi Research, an independent investment research firm that evaluates and monitors the environmental, social, and governance performance of public companies globally. Jantzi Research partnered with Maclean's, one of Canada's leading news magazines, to profile companies that have demonstrated strong performance in corporate responsibility. The report appears in the June 22, 2009 issue of Maclean's magazine.

In addition to being named one of Canada's Most Socially Responsible Corporations, BioteQ's sustainable water treatment solutions have been recognized with the Globe Award for Environmental Excellence, the PDAC Award for Environmental and Social Responsibility, the China Mining Environmental Protection Award, and the Mines & Money Sustainable Development Award.

BioteQ Corporate Profile

BioteQ is an industrial water treatment company that applies innovative technologies and operating expertise to solve challenging water treatment problems for the world's leading resource companies, reducing environmental liabilities while generating revenue from wastewater. The Company's commercially proven technologies treat industrial wastewater contaminated with dissolved heavy metals and sulphate, producing saleable by-products and clean water that can be discharged safely to the environment. BioteQ has built 8 plants at sites in Canada, the US, China, Australia and Mexico, with additional projects in design and construction. BioteQ is headquartered in Vancouver, Canada, and trades on the TSX under the symbol BQE. For additional information, please go to www.bioteq.ca.

On behalf of the Board of Directors

Brad Marchant

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Except for statements of historical fact relating to the Company, certain information contained herein constitutes "forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate" and other similar words, or statements that certain events or conditions "might" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the development, construction and operation of water treatment plants, variations in water quality, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors described in the section entitled "Risks" in the Company's Annual Report for the Year Ended December 31, 2008. Circumstances or management's estimates or opinions could change. The reader is cautioned not to place undue reliance on forward-looking statements.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

Contact Information

  • BioteQ Environmental Technologies Inc.
    Tanja McQueen
    Corporate Development
    1-800-537-3073 or 604-685-1243
    or
    BioteQ Environmental Technologies Inc.
    Caren Holtby
    Investor Relations
    1-800-537-3073 or 604-685-1243
    604-685-7778 (FAX)
    investor@bioteq.ca
    www.bioteq.ca