BioteQ Environmental Technologies Inc.
TSX : BQE

BioteQ Environmental Technologies Inc.

December 02, 2009 08:30 ET

BioteQ Receives 2009 Canada Export Achievement Award for Pacific Region

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 2, 2009) - BioteQ Environmental Technologies Inc. (TSX:BQE), a leader in the treatment of industrial waste water, has received the 2009 Canada Export Achievement Award for the Pacific Region. Presented by Export Development Canada and PROFIT Magazine, the Canada Export Achievement Awards celebrate the spirit and strategies of Canadian small and mid-sized enterprises that are succeeding in foreign markets. Complete profiles of the 2009 winners are pub­lished in the December 2009-January 2010 issue of PROFIT Magazine and online at www.exportawards.ca and www.prixexport.ca.

BioteQ is a Vancouver-based water treatment company that is active in Canada, the US, Mexico, Australia, Chile, and China. The company treats wastewater contaminated with dissolved heavy metals and sulphate, producing saleable by-products that can be recycled and clean water that can be discharged safely to the environment. By converting wastewater into a useful resource, BioteQ helps its customers to reduce environmental liabilities and save money from lower life cycle costs for water treatment. BioteQ works with leading companies and regulatory agencies in the resource and power generation industries.

"This year's Canada Export Achievement Award winners are exactly the type of role models the program was created to recognize," said Ian Portsmouth, Editor of PROFIT Magazine. "They illustrate how a little innovation combined with a focus on foreign sales can seize the huge opportunity that lies beyond our borders."

"EDC is proud to be involved in this new award that highlights the importance of international trade and investment to Canada's current and future prosperity," said Eric Siegel, President and CEO of EDC. "Recognizing and promoting innovation and leadership among Canadian exporters will not only benefit the winners, but will also help nurture a trade culture among all Canadian companies."

In addition to receiving the 2009 Canada Export Achievement Award for the Pacific Region, BioteQ has been named one of Canada's Top 50 Most Socially Responsible Corporations by Jantzi Research and Maclean's, and the company'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 is headquartered in Vancouver, Canada, and trades on the TSX under the symbol BQE. Additional information is available at www.bioteq.ca.

About Export Development Canada and PROFIT Magazine:

Export Development Canada (EDC) is Canada's export credit agency, offering innovative commercial solutions to help Canadian exporters and investors expand their international business. EDC's knowledge and partnerships are used by more than 8,300 Canadian companies and their global customers in up to 200 markets worldwide each year. EDC is financially self-sustaining, a recognized leader in financial reporting and economic analysis, and has been recognized as one of Canada's Top 100 Employers for nine consecutive years.

PROFIT: Your Guide to Business Success, is Canada's pre-eminent publication dedicated to the management issues and opportunities facing small and mid-sized businesses. For more than 25 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them increase their revenues, boost their profitability and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at www.profitmagazine.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
    604-685-1243 or 1-800-537-3073
    or
    BioteQ Environmental Technologies Inc.
    Caren Holtby
    Investor Relations
    604-685-1243 or 1-800-537-3073
    604-685-7778 (FAX)
    investor@bioteq.ca
    www.bioteq.ca