VANCOUVER, BC – BioteQ Environmental Technologies Inc. (TSX:BQE), a leader in the treatment of metal and sulphate contaminated water, announces the appointment of Paul Kim, C.A. to the role of Vice President and Chief Financial Officer, effective November 1, 2008. Mr. Kim replaces John York, who is retiring after a 35 year career including 8 years with BioteQ. As part of the corporate succession plan, Mr. York will continue with the Company in an advisory role on contract.
Brad Marchant, BioteQ’s CEO, stated, “We are delighted to welcome Paul to his new role at BioteQ. He brings a strong background in financial management and analysis, and has proven to be an energetic and valuable member of our management team. At the same time, we extend our gratitude and good wishes to John York in his retirement. John has helped grow BioteQ from a start-up to a successful operating company, and we greatly appreciate his dedication and service to the Company.”
Paul Kim holds a Bachelor of Arts degree from the University of British Columbia, and is a member of the Institute of Chartered Accountants of British Columbia. Prior to joining BioteQ as Controller, Mr. Kim held positions with Lohn Caulder Chartered Accountants, Norsat International Inc. (TSX:NII), and most recently with Xantrex Technology Inc. Teresa Wong has been promoted to take over the role of Controller, providing continuity within the accounting team.
BioteQ Corporate Profile
BioteQ builds, owns and operates water treatment plants, reducing environmental liabilities while generating revenue from waste water. The Company’s commercially proven technology treats 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, go to www.bqewater.com.
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On behalf of the Board of Directors
Brad Marchant
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.