GUELPH, ON, Sept. 24 /CNW/ - BIOREM Inc. ("Biorem" or "the Company") (TSX-V: BRM) announced today that Peter Bruijns, President and CEO of Biorem, will be a panel participant at the World Trade Organization ("WTO") Workshop on Environmental Goods and Services in Geneva, Switzerland. The panel presentation is titled "Air Pollution Control and Environmental Technologies" and is scheduled for tomorrow, September 25, 2009, from 10:00 a.m. to 11:30 a.m. (CEST) at the World Meteorological Organization (7bis Avenue de la Paix, Room A). Mr. Bruijns will be a panel participant with three other industry experts and government officials from around the world.
"We are honored to be invited to present as a panel specialist in air emissions control at the WTO's Workshop in Geneva," said Peter Bruijns, President and CEO. "The workshop provides an excellent platform for an interactive exchange among delegations and experts on key issues relating to developing markets for clean technologies and their trade opportunities and barriers. We feel that our invitation to participate as an expert panel member reinforces our position as a recognized leader in air emissions management in North America and internationally."
"The global emissions market is a large and highly fragmented industry that provides significant opportunity for consolidation," added Mr. Bruijns. "Our mission is to become the world's leading clean technology air emissions control company. We believe that by consolidating best-in-class technologies and then distributing them via our strong worldwide sales network, we will be able to grow into a global player in the emissions market."
About BIOREM Inc.
BIOREM designs and manufactures air emission control systems, including biofiltration and biotrickling systems that safely remove harmful contaminants such as Hydrogen Sulfide, Reduced Sulfur compounds, and VOC's from the air. Our systems are environmentally friendly, clean and sustainable all the while reducing greenhouse gas emissions. With more than 600 installed systems worldwide, continued extensive research efforts and over 15 years of experience, BIOREM not only offers state of the art technology based products but also peace of mind for municipalities and industrial companies and their surrounding communities. Additional information on BIOREM is available at our web site at www.biorem.biz.
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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.
SOURCE BIOREM Inc.
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