BioteQ Environmental Technologies Inc.
TSX : BQE

BioteQ Environmental Technologies Inc.

October 11, 2011 08:30 ET

Jonathan Wilkinson Joins BioteQ as Chief Executive Officer

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 11, 2011) - BioteQ Environmental Technologies, Inc. (TSX:BQE), a leader in the treatment of industrial waste water, is pleased to welcome Jonathan Wilkinson as Chief Executive Officer. Today, Mr. Wilkinson takes over the role from retiring CEO, Brad Marchant.

Mr. Wilkinson states, "I am excited by the potential of BioteQ. My intention is to move BioteQ to become a rapidly growing, profitable company that generates strong returns for shareholders and provides a rewarding workplace for employees. A key near term priority for me will be working to ensure that we capitalize on the company's strong sales pipeline to drive revenue growth in 2012 and 2013."

Mr. Wilkinson is a seasoned senior executive with extensive experience in the clean technology sector and in public markets. Mr. Wilkinson has previously worked in leadership roles with Nexterra Systems Corporation, QuestAir Technologies, and Bain & Company. A Rhodes Scholar, Mr. Wilkinson obtained degrees from the University of Saskatchewan, Oxford University and McGill University. Mr. Wilkinson has also completed the Executive Development Program at the Ivey School of Business, University of Western Ontario.

BioteQ Corporate Profile

BioteQ creates custom water treatment solutions to recover dissolved metals and remove sulphate from water impacted by mining, energy and industrial activities. The company's clean technologies convert wastewater into a useful resource while delivering lower life cycle costs for water treatment. BioteQ has designed and built 14 plants at sites in Canada, the US, Mexico, Australia and China, with additional projects in development.

BioteQ's sustainable water treatment solutions have been recognized with national and international awards for innovation and sustainability. BioteQ is headquartered in Vancouver, Canada, and trades on the TSX under the symbol BQE. For additional information, please visit our website at www.bioteq.ca.

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, 2010. 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 Toll Free: 1-800-537-3073
    604-685-7778 (FAX)
    investor@bioteq.ca
    www.bioteq.ca