GUELPH, ON, June 2 /CNW/ - BIOREM Inc. (TSXV:BRM) announced today the
receipt of a biotrickling filter order in Florida valued at $700,000.
Biorem will supply three Mytilus(R) biotrickling filtration systems to
treat 24,000 cfm of polluted air streams with high hydrogen sulfide levels at
a municipal wastewater treatment plant. The project is expected to revenue in
the latter part of this year.
"Our continuing improvement in our products and standardization allows us
to maximize performance and drive down net delivered cost," said Peter
Bruijns, President & CEO." This has allowed us to evolve into a leader in
delivering large-scale biological air pollution control systems."
About BIOREM Inc.
BIOREM(R) manufactures Biosorbens(R) biofilter media and is a leading
supplier of biofilters for air pollution control in municipal and industrial
applications, including BIOCUBE(R) modular units and Mytilus(R) biotrickling
filters. With over 600 installed systems and over a decade of experience, the
Company's products are the technology of choice for odor control at wastewater
treatment plants across North America. Additional information on BIOREM(R) is
also available at our web site at 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.
This press release contains forward-looking statements based on current
expectations. These forward-looking statements contain various risks and
uncertainties that could cause actual results to differ materially from those
reflected in the forward-looking statements. Risks and uncertainties about the
Company's business are more fully discussed in the disclosure materials,
financial statements and MD&A filed with the securities regulatory authorities
in Canada on www.sedar.com
"Order Bookings" and "Order Backlog" do not have any standardized meaning
prescribed by Canadian generally accepted accounting principles ("GAAP") and
may not be comparable to measures presented by other companies.
Order Bookings and Order Backlog are non-GAAP measures that the Company
uses to evaluate its sales performance. Order Bookings are those binding
contracts that the Company enters into with a third party for the delivery of
our products or services. As Order Bookings are received, the contract value
(before any associated sales taxes) is included in the Order Backlog. The
Order Backlog is reduced by the revenue that is recognized on each project.
For further information:
For further information: Ed Corbett, Chief Financial Officer, BIOREM
Technologies Inc., email@example.com, Tel: (519) 767-9100 x275