BIOREM Technologies Inc.

BIOREM Technologies Inc.

March 31, 2005 09:00 ET

BIOREM Announces Appointment Of CFO


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: BIOREM INC.

TSX VENTURE SYMBOL: BRM

MARCH 31, 2005 - 09:00 ET

BIOREM Announces Appointment Of CFO

GUELPH, ONTARIO--(CCNMatthews - March 31, 2005) - BIOREM Inc. (TSX
VENTURE:BRM) announced that Mr. Greg Flanagan has accepted the position
of Chief Financial Officer and will be joining BIOREM, effective April
18, 2005. Mr. Flanagan was most recently the CFO and Corporate Secretary
of The Nu-Gro Corporation of Brantford, Ontario. Nu-Gro was a public
company on the Toronto Stock Exchange (TSX:NU) until it was sold to
United Industries Corp., St Louis, MO in 2004 for total consideration of
$193 million.

During his 13 years of employment, Mr. Flanagan was one of the key
architects in charting Nu-Gro's growth in revenue from $30 to $200
million. The revenue growth was fueled largely via eleven acquisitions
(including four in the United States) and several rounds of financing.
Mr. Flanagan holds a BA in Economics from Wilfred Laurier University and
obtained his CA designation in 1985 while at Ernst and Young in London,
Ontario.

"I am very pleased that Greg has joined us." said Brian Herner,
President and CEO of BIOREM Inc. "Greg will provide BIOREM with the
breadth of financial expertise that we require moving forward as a
public company. His experience in oversight of the financial control
environment, reporting regulations as a public company, acquisitions and
strategic planning will be a great asset to the Company."

Mr. Hugh McCaul, who has provided financial services to BIOREM for 12
years, served as CFO for BIOREM during the recent going public
transaction and will continue to provide financial services for BIOREM.
"I would like to thank Hugh for his diligent and tireless work in
coordinating our complex financial transactions over the last year and
look forward to his continuing contributions." said Herner.

BIOREM Inc., through its wholly owned subsidiary, BIOREM Technologies
Inc., manufactures BIOSORBENS™ biofilter media and is a leading
supplier of biofilters for air pollution control in municipal and
industrial applications including the BASYSTM modular and BIOFILTAIRTM
field erected systems. With over 100 installed systems and over a decade
of experience, the Corporation's groundbreaking biofilters are the
technology of choice for Wastewater Treatment Plants across North
America. www.biorem.biz.

Brian Herner, Chief Executive Officer

The TSX Venture Exchange Inc. has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. The TSX
Venture Exchange Inc. has in no way passed upon the merits of the
proposed transaction and has neither approved nor disapproved of the
contents of this release.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    BIOREM Technologies Inc.
    Tim Gallagher
    (519) 767-9100 x404
    ir@biorem.biz