Business
BIOREM announces management change
GUELPH, ON, Sept. 8, 2011 /CNW/ - BIOREM Inc. (TSX-V:BRM) today announced that the employment...
About this update from Biorem Inc.
[{"type":"text","content":"\n\n\n\n\n\nGUELPH, ON, Sept. 8, 2011 /CNW/ - BIOREM Inc. (TSX-V:BRM) today\n announced that the employment of Mr. Robert Wood, Chief Financial\n Officer, has been terminated effective September 7, 2011.\n\n\nAbout BIOREM Inc. \nBiorem  is a leading clean technology company that designs, manufactures\n and distributes a comprehensive line of high-efficiency air emissions\n control systems used to eliminate odors, volatile organic compounds\n (VOCs), and hazardous air pollutants (HAPs). With sales and\n manufacturing offices across the continent, a dedicated research\n facility, a worldwide sales representative network and over 700\n installed systems worldwide, Biorem not only offers state-of-the-art\n technology-based products but also peace of mind for municipalities,\n industrial companies and their surrounding communities. Additional\n information on Biorem is available on our website at www.biorem.biz.\n\n\n\n\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as\n that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\n\n\nForward-Looking Statements \nThis press release contains forward-looking statements based on current\n expectations. These forward-looking statements contain various risks\n and uncertainties that could cause actual results to differ materially\n from those reflected in the forward-looking statements. Risks and\n uncertainties about the Company's business are more fully discussed in\n the disclosure materials, financial statements and MDA filed with the\n securities regulatory authorities in Canada on www.sedar.com\n\n\nNon-GAAP Measures\n\"Order Bookings\" and \"Order Backlog\" do not have any standardized\n meaning prescribed by Canadian generally accepted accounting principles\n (\"GAAP\") and may not be comparable to measures presented by other\n companies.\n\n\nOrder Bookings and Order Backlog are non-GAAP measures that the Company\n uses to evaluate its sales performance. Order Bookings are those\n binding contracts that the Company enters into with a third party for\n the delivery of our products or services. As Order Bookings are\n received, the contract value (before any associated sales taxes) is\n included in the Order Backlog. The Order Backlog is reduced by the\n revenue that is recog...