TerraBioGen Technologies Inc.
TSX VENTURE : TBG

TerraBioGen Technologies Inc.

September 12, 2011 07:00 ET

TerraBioGen Completes Process Review

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 12, 2011) -

NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TerraBioGen Technologies Inc. (TSX VENTURE:TBG), a developer and marketer of proprietary technologies for the production of organic-based, high-value agricultural products from organic wastes, announces that it has completed a comprehensive review of its plant process.

The review was conducted by Quadrogen Power Systems, Inc., an applied process engineering company located in Vancouver, B.C. The review included a detailed analysis to evaluate and optimize the TerraBioGen process in terms of design and economics. Estimates for capital costs, revenues, and operating costs were conducted initially on 50 tonne per day (TPD) plant and a 100 TPD plant and subsequently on plants of 250 TPD and 500 TPD. A sensitivity analysis was also performed to show the effect that key parameters have on internal rates of return of the process.

The results of the review indicate a significant reduction in the capital cost of a plant and a similar reduction in the operating costs. The effect of these reductions is a much faster payback period and attractive internal rates of return. For companies wanting to manage their organic waste and also offer quality agricultural products, the TerraBioGen technology is a viable alternative.

Blair Heffelfinger, President and CEO of the Company stated, "We are very pleased with the independent process review conducted by Quadrogen. Their analysis has allowed us to focus on the key success factors in our plants in order to provide high value, consistent products that offer an attractive option for potential customers. One of these key success factors is the production of our plant growth promoter which we announced and filed a patent on earlier this year."

About TerraBioGen

Located in North Vancouver, BC, TerraBioGen Technologies Inc. is committed to research and development to continue to improve the efficiency of its technology and the quality of its agricultural products. It is further committed to developing a worldwide marketing capability to ensure market acceptance of its products.

About Quadrogen

Located in Vancouver, BC, Quadrogen designs and integrates biogas clean-up and hydrogen co-production technologies for high-efficiency distributed power generation systems. The company also conducts feasibility studies, market analysis, due diligence, and project development and management work.

This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although TerraBioGen believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of TerraBioGen's management on the date the statements are made. Except as required by law, TerraBioGen undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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