Bennett Environmental Inc.

Bennett Environmental Inc.

November 18, 2010 13:43 ET

Bennett Environmental Inc. Announces Non-Binding Letter of Understanding

OAKVILLE, ONTARIO--(Marketwire - Nov. 18, 2010) - As previously announced, Bennett Environmental Inc. (TSX:BEV) (the "Company" or "BEI") continues to be committed to completing a significant acquisition or program to support its diversification objectives. In connection with its diversification efforts, the Company announces today that it has entered into a non-binding letter of understanding with a potential acquisition target. Once due diligence has been completed and both parties have concluded that they wish to proceed with the potential transaction, it is expected that this non-binding letter of understanding will form the basis for a definitive agreement. The Company will release details of the transaction in the event that the parties conclude a definitive agreement.

Forward Looking Statements

Certain statements contained in this press release and in certain documents incorporated by reference into this press release constitute forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and "confident" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. BEI believes that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in, or incorporated by reference into, this press release should not be unduly relied upon. These statements speak only as of the date of this press release. BEI undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About Bennett Environmental Inc.

Bennett Environmental Inc. is a North American leader in high temperature treatment services for the treatment of contaminated soil and has provided thermal solutions to contamination problems throughout Canada and the U.S. Bennett Environmental's technology provides for the safe, economical and permanent solution to contaminated soil. Independent testing has consistently proven that the technology operates well within the most stringent criteria in North America. For information, please visit the Bennett Environmental website at:

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