Business
BIOREM awarded three projects in China
GUELPH, ON, July 28 /CNW/ - BIOREM Inc. (TSXV:BRM) announced today the receipt of three new munic...
About this update from Biorem Inc.
[{"type":"text","content":"\n\n\n\nGUELPH, ON, July 28 /CNW/ - BIOREM Inc. (TSXV:BRM) announced today the\nreceipt of three new municipal orders from our China office. The three orders\ntotaling CAD $450,000 were all for wastewater odor control systems located in\ndifferent cities.\n\n\nBiorem has been marketing its new XLD media in China which offers\nsignificant footprint and performance advantages over other biological odor\nremoval medias. Acceptance of this new technology has been rapid and positions\nBiorem for growth in this market.\n\n\n"These orders have taken us over our bookings target for the year in\nChina," says Peter Bruijns, President and CEO. "We are pleased with the\nacceptance of our technologies in China and look forward to the continued\nsuccess as our Chinese organization matures."\n\n\nIt is anticipated that the revenue from these projects will be entirely\nrecognized for accounting purposes in the 2009 fiscal year.\n\n\nAbout BIOREM Inc.\n\n\nBIOREM designs and manufactures air pollution control systems, including\nbiofiltration and biotrickling systems that safely remove harmful contaminants\nsuch as Hydrogen Sulfide, Reduced Sulfur compounds, and VOC's from the air.\nOur systems are environmentally friendly, clean and sustainable all the while\nreducing greenhouse gas emissions. With more than 600 installed systems\nworldwide, continued extensive research efforts and over 15 years of\nexperience, BIOREM not only offers state of the art technology based products\nbut also peace of mind for municipalities and industrial companies and their\nsurrounding communities. Additional information on BIOREM is also available at\nour web site at www.biorem.biz.\n\n\n-------------------------------------------------------------------------\n\nThe TSX Venture Exchange Inc. has not reviewed and does not accept\nresponsibility for the adequacy or accuracy of this release. The TSX\nVenture Exchange Inc. has in no way passed upon the merits of the\nproposed transaction and has neither approved nor disapproved of the\ncontents of this release.\n\n\nForward-Looking Statements\n\n\nThis press release contains forward-looking statements based on current\nexpectations. These forward-looking statements contain various risks and\nuncertainties that could cause actual results to differ materially from those\nreflected in the forward-loo...