VANCOUVER, BC – BioteQ Environmental Technologies Inc. (TSX:BQE), a leader in the treatment of metal and sulphate contaminated water, has been named the top new exporter in British Columbia at the 2008 BC Export Awards sponsored by the Canadian Manufacturers and Exporters. The award recognizes companies that have achieved export success in entering new international markets. BioteQ’s President and Chief Operating Officer, David Kratochvil, accepted the award at a luncheon on Friday November 21.
“We are delighted to be named British Columbia’s top exporter in 2008. This award recognizes BioteQ’s expansion into China, Australia, and Mexico during the past year. This is a significant achievement, and marks the dedication and hard work of all BioteQ staff as the team builds water treatment plants in new markets,” stated Brad Marchant, BioteQ’s CEO.
BioteQ’s expansion into new markets is reflected in its recently released financial results. In the nine months ended September 30, 2008, BioteQ nearly doubled its revenues to $6.5 million, compared to $3.5 million for the same period in 2007. The increase in revenues is primarily due to contributions from new operations in China, Australia, and Mexico.
BioteQ Corporate Profile
BioteQ builds, owns and operates industrial water treatment plants, reducing environmental liabilities while generating revenue from waste water. The Company’s commercially proven technologies treat acid mine drainage and other metal-laden waste water by sequentially removing metals and sulphate, producing saleable metal products and clean water that can be discharged safely to the environment. BioteQ has built 8 plants at sites in Canada, the US, China, Australia and Mexico, with 7 more projects in design and construction. BioteQ is headquartered in Vancouver, Canada, and trades on the TSX under the symbol BQE. For additional information, please go to www.bqewater.com.
On behalf of the Board of Directors
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