BioteQ Environmental Technologies Inc.
TSX : BQE

BioteQ Environmental Technologies Inc.

February 25, 2009 08:30 ET

BioteQ Honoured With 2009 Environmental & Social Responsibility Award From Leading Mining Industry Association

Prospectors and Developers Association of Canada Recognizes BioteQ for technology that removes contaminants from mine waste water

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 25, 2009) - BioteQ Environmental Technologies Inc. (TSX:BQE), a leader in the treatment of metal and sulphate contaminated water, has been named the recipient of the 2009 Environmental and Social Responsibility Award by the Prospectors and Developers Association of Canada (PDAC).

Selection criteria for this award include outstanding leadership in the protection of the natural environment and/or in the establishment of good community relations during exploration or mining. BioteQ Environmental Technologies was named the winner of this award for developing water treatment systems that reduce the environmental liability associated with mine wastewater. BioteQ's technology treats industrial wastewater such as acid mine drainage and other metal laden wastewater by sequentially removing dissolved metals and sulphate, producing saleable metal products and clean water that can be discharged safely to the environment.

The award will be presented at a gala ceremony, sponsored by Barrick Gold Corporation, during the PDAC's 2009 International Convention, Trade Show and Investors Exchange to be held at the Metro Toronto Convention Centre from March 1st to 4th.

The PDAC award is one of several business and mining industry awards that BioteQ has received over the last year, including:

- Globe Foundation / Globe and Mail: Environmental Excellence

- China Mining: Environmental Protection

- Mines and Money: Sustainable Development

- Business in Vancouver: BC's 100 Fastest Growing Companies

- Vancouver Sun: Fastest Growing Companies

- Canadian Manufacturers and Exporters: New Exporter

"This award underscores the increasing importance of environmental sustainability to the mining and mineral processing industry," said Brad Marchant, CEO, BioteQ Environmental Technologies. "We have built 8 water treatment plants around the world, including new plants commissioned during 2008 in Australia, China, Mexico, and the US, with additional projects in development in Chile, China, Canada and the US. It is always a welcome surprise to receive an award and have our staff recognized for the work they are doing to reduce the environmental liability associated with industrial wastewater."

About Prospectors and Developers Association of Canada

The Prospectors and Developers Association of Canada is a national association representing the mineral exploration and development industry. Its 7,000 individual and corporate members are involved in the exploration, discovery and development of new mines and new wealth. The association hosts the world's largest annual mineral industry convention in March in Toronto with delegates coming from more than 100 countries. For more information visit www.pdac.ca.

About BioteQ Environmental Technologies Inc.

BioteQ is an industrial water treatment company that applies innovative technologies to solve complex water problems, reducing environmental liabilities while generating revenue from wastewater. The Company's commercially proven technologies treat industrial wastewater contaminated with dissolved heavy metals and sulphate, producing saleable by-products and clean water that can be discharged safely to the environment. BioteQ has built 8 plants at sites in Canada, the US, China, Australia and Mexico, with additional projects in design and construction. BioteQ is headquartered in Vancouver, Canada, and trades on the TSX under the symbol BQE. For additional information, please go to www.bioteq.ca.

On behalf of the Board of Directors

Brad Marchant

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Except for statements of historical fact relating to the Company, certain information contained herein constitutes "forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate" and other similar words, or statements that certain events or conditions "might" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the development, construction and operation of water treatment plants, variations in water quality, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors described in the section entitled "Risks" in the Company's Annual Report for the Year Ended December 31, 2007. Circumstances or management's estimates or opinions could change. The reader is cautioned not to place undue reliance on forward-looking statements.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

Contact Information

  • BioteQ Environmental Technologies Inc.
    Tanja McQueen
    Corporate Development
    (604) 685-1243 or 1-800-537-3073
    or
    BioteQ Environmental Technologies Inc.
    Caren Holtby
    Investor Relations
    (604) 685-1243 or 1-800-537-3073
    (604) 685-7778 (FAX)
    Email: investor@bioteq.ca
    Website: www.bioteq.ca