BioteQ Environmental Technologies Inc.
TSX : BQE

BioteQ Environmental Technologies Inc.

May 21, 2013 17:00 ET

BioteQ Secures Contract for Selenium Removal Piloting

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 21, 2013) - BioteQ Environmental Technologies, Inc. (TSX:BQE), a leader in industrial waste water treatment, has secured a contract from Teck Resources Limited (Teck) to conduct pilot scale testing of its innovative new Selen-IX™ technology for selenium removal. Under the terms of the agreement, BioteQ will construct and deploy a pilot scale plant for on-site field testing. BioteQ will retain ownership of the pilot plant and all associated intellectual property.

The total value of the contract will vary depending on the time required for adequate field testing but is anticipated to be approximately $900,000 CDN. Work under the contract is expected to be completed by late 2013. This contract follows successful laboratory testing that BioteQ conducted during 2012 and early 2013.

"BioteQ is very pleased to be moving its Selen-IX™ technology from lab scale to the pilot plant stage," stated Jonathan Wilkinson, BioteQ's CEO. "The continuing development and deployment of this novel technology leverages BioteQ's existing technology platforms and capabilities. Selenium removal represents an expansion to our existing product portfolio and opens up new, significant market opportunities for the Company."

Selenium is essential to all life, but can affect aquatic life at higher concentrations. Selenium management is an important environmental issue that has been identified by regulators and mining organizations in North America.

BioteQ Corporate Profile

BioteQ is an innovative clean technology leader in global industrial water treatment, serving the mining and energy markets. The company has technology expertise and proven operational capabilities in sulphide precipitation, ion exchange, alkali/lime precipitation, leaching, sulphate removal and SART technology. Over the past decade, BioteQ has designed and commissioned waste water treatment plants at mine sites for leading organizations including Xstrata, Freeport McMoran, Jiangxi Copper and the US EPA. These plants recover dissolved metals and/or remove substances such as sulphate and selenium, producing clean water and minimizing or eliminating residual waste. BioteQ is headquartered in Vancouver, Canada and trades on the TSX under the symbol BQE. Please visit our website at www.bioteq.ca for additional information.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Certain information contained herein may not be based on historical fact and therefore constitutes "forward-looking information" under applicable Canadian securities legislation. This includes without limitation statements containing the words "plan", "expect", "project", "estimate", "intend", "believe", "anticipate", "may", "will" and other similar words or expressions. 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, uncertainties and other factors that may cause actual events or results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the Company's dependence on key personnel and contracts, uncertainty with respect to the profitability of the Company's technologies, competition, technology risk, the Company's ability to protect its intellectual property and proprietary information, fluctuations in commodity prices, currency risk, environmental regulation and the Company's ability to manage growth and other factors described in the Company's filings with the Canadian securities regulators at www.sedar.com (including without limitation the factors described in the section entitled "Risks and Uncertainties" in the Company's Annual Report for the year ended December 31, 2012 and the section entitled "Risk Factors" in the Company's Annual Information Form for the year ended December 31, 2012). Given these risks and uncertainties, the reader is cautioned not to place undue reliance on forward-looking statements. All forward-looking information contained herein is based on management's current expectations and the Company undertakes no obligation to revise or update such forward-looking information to reflect subsequent events or circumstances, except as required by law.

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

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