BIOREM Technologies Inc.

BIOREM Technologies Inc.

August 09, 2006 16:00 ET

BIOREM Appoints Advisor to the Board of Directors

GUELPH, ONTARIO--(CCNMatthews - Aug. 9, 2006) -


BIOREM Inc. (TSX VENTURE:BRM)("BIOREM") is pleased to announce the appointment effective today of Stephen V. Ardia as an advisor to Board of Directors. In a business career spanning over 35 years, Stephen V. Ardia, was CEO of Goulds Pumps, a NYSE traded company, from 1985 to 1994 after serving the company in a variety of executive positions for over 20 years. Goulds Pumps is one of the largest pump manufacturers in the World. During his tenure as CEO, sales grew from approximately $250 million to $600 million during a period of industry contraction and consolidation. He was named CEO of Environment One in 1995 where sales grew from $11 million in 1994 to approximately $28 million by the end of 1998, and pre-tax profits improved from a loss of $720,000 to $5.3 million in the same time period. Environment One is a manufacturer and provider of utility systems for the protection and performance optimization of electric utility assets. During 1998 the company was sold for more than $70 million in cash.

"Steve has extensive experience and contacts in the markets served by BIOREM. BIOREM will benefit from Steve's track record in building successful companies and his specific experience in marketing and distribution of capital equipment to industrial and municipal markets," said Bob Nally, Chairman of the Board of BIOREM. "His extensive network of business associates will help BIOREM form strong relationships with large multinationals to leverage business opportunities on a local and global basis."

Mr. Ardia currently serves as Chairman of two of Champlain Capital Partners portfolio investments Elrod Corporation (Indianapolis, IN) and Earth Tools Co. LLC (Milwaukee, WI). Champlain Capital Partners is a private equity fund based in San Francisco. He has served as the Chairman of the Board of Maxim Technologies (Dallas, Texas), as well as eLogic Group LLC (Rochester, NY), and a member of the Board of Trojan Technologies (London, ON). In addition, Mr. Ardia has served on the Boards of banks, health care providers, oil equipment manufacturers as well as a wide range of not-for-profit organizations. Mr. Ardia holds an engineering degree from the United States Merchant Marine Academy and an MBA from Rutgers University.


BIOREM® manufactures BIOSORBENS™ biofilter media and is a leading supplier of biofilters for air pollution control in municipal and industrial applications, including the recently acquired BIOCUBE® modular units. With over 400 installed systems and over a decade of experience, the Company's biofilters are the technology of choice for odor control at Wastewater Treatment Plants across North America.

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.

Forward-Looking Statements

This press release contains forward-looking statements based on current expectations. These forward-looking statements contain various risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Risks and uncertainties about the Company's business are more fully discussed in the disclosure materials, financial statements and MD&A filed with the securities regulatory authorities in Canada on

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