BIOREM Technologies Inc.

BIOREM Technologies Inc.

February 28, 2005 15:17 ET

BIOREM INC. Announces the Grant of Options to Purchase Comon Shares


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: BIOREM INC.

TSX VENTURE SYMBOL: BRM

FEBRUARY 28, 2005 - 15:17 ET

BIOREM INC. Announces the Grant of Options to Purchase
Comon Shares

GUELPH, ONTARIO--(CCNMatthews - Feb. 28, 2005) - BIOREM INC. (TSX
VENTURE:BRM)

NOT FOR U.S. DISTRIBUTION

BIOREM INC. (TSX VENTURE:BRM) (the "Corporation") announced that it has
granted options to purchase a total of 137,000 common shares to its
directors, officers and senior management in accordance with its stock
option plan. The options were granted at an exercise price of $3.27 per
share and have an expiry date of five years ending February 15, 2010.

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. 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.

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.
    Brian Herner
    Chief Executive Officer
    (519) 767-9100 x404
    or
    Biorem Technologies Inc.
    Tim Gallagher
    (519) 767-9100 x404
    ir@biorem.biz
    www.biorem.biz