BioteQ Environmental Technologies Inc.
TSX : BQE

BioteQ Environmental Technologies Inc.

October 29, 2009 08:30 ET

BioteQ Recognized for International Wastewater Treatment Solutions

Named to British Columbia's Top 25 Exporters

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 29, 2009) - BioteQ Environmental Technologies, Inc. (TSX:BQE), a leader in the treatment of industrial waste water, announced that, for the third year in a row, it has been named one of British Columbia's Top 25 Exporters by the Canadian Manufacturers & Exporters Association. The awards recognize the positive impact exporters make to the provincial economy. BC's Top 25 Exporters include the top three candidates in eight sector categories plus the Leadership Award winner. BioteQ is a finalist in the Advancing Technologies category. In 2008, BioteQ won the New Exporter category. This year's category winners will be announced at a luncheon in Vancouver on October 30.

"This award highlights our international growth and the increasing importance of environmental sustainability and life cycle costs for water treatment," said Brad Marchant, BioteQ's Chief Executive Officer. "We now have operations in Canada, the US, Mexico, Australia, and China, and new projects in development around the world. We are honoured that our staff have been recognized for the work they are doing on an international stage to reduce the environmental liability associated with industrial wastewater."

BioteQ is gaining national and international award recognition. 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 Corporate Profile

BioteQ is a water treatment company that applies innovative technologies and operating expertise to solve challenging water treatment problems, reducing environmental liabilities while delivering lower life cycle costs for water treatment. The company treats 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
    BioteQ Environmental Technologies Inc.
    Caren Holtby
    Investor Relations
    1-800-537-3073
    investor@bioteq.ca
    www.bioteq.ca