GUELPH, ON, Jan. 24 /CNW/ - BIOREM Inc. (TSX-V:BRM) a leading clean
technology company that designs, manufactures and distributes a
comprehensive line of clean technology air emission control systems,
today announced that Mr. Robert Wood has been appointed as Chief
Financial Officer of the Company, effective February 7, 2011.
Before joining Biorem, Mr. Wood served as the CFO of Trojan
Technologies, a leading global water treatment technology company. Mr.
Wood also held positions of progressive responsibility in the field of
financial management as a management consultant in France and at Weston
Bakeries Ltd. in Toronto, Ontario.
"Our expanding business will benefit significantly from having an
accomplished financial executive with an excellent track record in the
large capital equipment industry to support our growth and ensure we
remain focused on achieving positive financial results," said Peter
Bruijns, President and CEO of Biorem.
"I was attracted to Biorem because it is an exciting, growing and
ambitious business. With Biorem's recent expansion into new markets
with its new technologies, this is a great opportunity to contribute to
the Company's future development and success," said Mr. Wood.
Robert Wood is originally from Harrow, Ontario, and is a graduate of the
University of Windsor's MBA program and Wilfrid Laurier's Business
Administration program. Mr. Wood is a Certified Management
About BIOREM Inc.
Biorem is a leading clean technology company that designs, manufactures
and distributes a comprehensive line of high-efficiency
biological-based air emissions control systems. These systems are used
to eliminate odors, volatile organic compounds (VOCs) and hazardous air
pollutants (HAPs), and for the conditioning of biogas renewable energy.
With sales and manufacturing offices across the continent, a dedicated
research facility, a worldwide sales representative network and more
than 600 installed systems worldwide, Biorem not only offers
state-of-the-art technology-based products but also peace of mind for
municipalities, industrial companies and their surrounding communities.
Additional information on Biorem is available on our website at www.biorem.biz.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy 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
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.
For further information: