BADEN TECHNOLOGIES INC.
TSX VENTURE : BDZ

BADEN TECHNOLOGIES INC.

September 21, 2005 16:20 ET

Baden Technologies Inc.: Issue of Stock Options

CALGARY, ALBERTA--(CCNMatthews - Sept. 21, 2005) - Richard Ball, Chairman of the Board of Directors of Baden Technologies Inc. (TSX VENTURE:BDZ), today announced that the Company has entered into Stock Option Agreements with directors and key employees of the Company. The Agreement provides for the issuance of a total of 975,000 stock options; the options have a five-year term and an exercise price of $0.10.

The options are granted in lieu of cash compensation to the directors and employees, and are granted as part of the Company's incentive program.

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.

Contact Information

  • Baden Technologies Inc.
    Richard Ball
    President & CEO
    (403) 571-4230
    (403) 230-3106 (FAX)
    Email: richard.ball@baden.ca
    or
    Baden Technologies Inc.
    Ian Ball
    Chief Financial Officer
    (403) 571-4230
    (403) 230-3106 (FAX)
    Email: ian.ball@baden.ca