Bio-Extraction Inc.
TSX VENTURE : BXI

Bio-Extraction Inc.

March 31, 2009 07:01 ET

BioExx Commences Commercial Sales Activity and Advances to 24 Hour Per Day Production

TORONTO, ONTARIO--(Marketwire - March 31, 2009) - Bio-Extraction Inc. (TSX VENTURE:BXI) ("BioExx" or "the Company") is pleased to announce that it is now commencing commercial delivery of its oil and meal products from its canola processing facility in Saskatoon, Saskatchewan. As of March 30, 2009 it has also commenced 24 hour per day production.

After the initial start-up on March 2, 2009, BioExx has worked through the anticipated challenges at the plant, including various equipment issues, minor design modifications, stress testing various components, and gradually increasing throughput and yield. As a result of cumulative successes, BioExx has elected to move from daytime production to 24 hour production. The facility is still anticipated to take another 30 days to reach full capacity, but production volumes are now high enough that the Company expects to be shipping truckload quantities of its products on a near daily basis.

"We are extremely pleased with the professional, dedicated, and energetic approach that each member of the Saskatoon team has demonstrated during start-up", said BioExx CEO, Chris Carl. "There have been some very challenging days to be sure, but we are very pleased with the performance of the plant at this point, and we look forward to continuing to ramp production and revenues through to full capacity."

About Bio-Extraction Inc.

Headquartered in Toronto, Canada, BioExx is a leading technology company focused on the extraction of oil and high-value proteins from oilseeds for the global food market. BioExx' patented technology allows for the use of significantly lower temperatures than conventional methods in extracting the active ingredients and oils from oilseeds, resulting in higher yields and higher-quality meal, oils and proteins. BioExx' low energy requirements, environmentally sound process, and high-yield production have the potential to make a valuable contribution in alleviating food scarcity. BioExx operates a commercial scale extraction facility in Saskatoon, Saskatchewan, and has a mission to construct additional and larger processing facilities on a global basis. To find out more about Bio-Extraction Inc. (TSX VENTURE:BXI), please visit www.bioexx.com.

The statements made in this press release include forward-looking statements that involve a number of risks and uncertainties. These statements relate to future events or future performance and reflect management's current expectations and assumptions. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements, such as the economy, generally, the demand for BioExx' products, the availability of funding, and the anticipated costs of BioExx' plant construction and operation. These forward-looking statements are made as of the date hereof and BioExx does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from BioExx' expectations and projections.

The TSX Venture Exchange has not reviewed this press release and neither approved nor disapproved the information contained in this press release.

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