BADEN TECHNOLOGIES INC.
TSX VENTURE : BDZ

BADEN TECHNOLOGIES INC.

August 11, 2006 09:27 ET

Baden Announces Another Record Quarter

CALGARY, ALBERTA--(CCNMatthews - Aug. 11, 2006) - Richard Ball, Chairman of the Board of Directors of Baden Technologies Inc. (TSX VENTURE:BDZ), is pleased to announce financial results for the second quarter of 2006.

The company recorded results for its second consecutive record quarter. Growth in both Baden's domestic operations and export sales were evidenced by a 500% increase in revenue over the second quarter of 2005. Baden generated overall revenues of $2.79 million for the quarter, resulting in net earnings of approximately $465,000 (2.7 cents per share). The Company saw robust sales growth in all product groups, including ultra-filtration service contracts, a blending plant project in the Fort McMurray area, and oilfield filtration equipment manufacturing.

Baden shipped the first of two contracted FSI Brine Plants during the second quarter of 2006 (see News Release dated March 7, 2006). The second Brine Plant will ship Revenue for this contract will total approximately $3.9 million.



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Q2 ended Q2 ended
June 30, 2006 June 30, 2005
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Revenue $2,787,815 $ 465,515
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Earnings (loss) before interest, taxes,
depreciation and amortization (EBITDA) 499,798 (9,223)
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Profit (Loss) for the period 464,274 (32,604)
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- per share (basic) $ 0.027 $ (0.001)
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The Company's cost-reduction initiatives and focused marketing efforts will continue for the balance of 2006 and forward.

Complete financial statements are available on www.sedar.com or on our website: www.baden.ca

Through its wholly owned subsidiary FSI International Services Ltd., Baden Technologies Inc. is a Calgary-based manufacturing and service company specializing in customized filtration, filtration-related technologies and Brine Plants for the international and domestic energy and chemical industries.

Certain statements in this document may be "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by Baden at the time of preparation, may prove to be incorrect. There is no representation by Baden that actual results achieved during the forecast period will be the same in whole or in part as those forecast. Baden disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

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

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