VANCOUVER, BRITISH COLUMBIA, Oct 1, 2008 (Marketwire via COMTEX) -- BQE | Quote | Chart | News | PowerRating -- BioteQ Environmental Technologies Inc. (TSX:BQE), a leader in the treatment of metal and sulphate contaminated water, announced that, for the second year in a row, it has been named one of British Columbia's Top 25 Exporters by the Canadian Manufacturers & Exporters Association. The awards recognize the positive impact exporters make to the provincial economy. BC's Top 25 Exporters include the top three candidates in eight sector categories plus the Leadership Award winner. BioteQ is a finalist in the New Exporter category. Category winners will be announced on November 21 at the Hyatt Regency Vancouver.
This award is the third to recognize BioteQ this year. Earlier this month, BioteQ was named one of BC's 100 Fastest Growing Companies by Business in Vancouver. In March, the company won the 2008 Globe Award for Environmental Excellence presented by the Globe Foundation and Globe & Mail and sponsored by the Export Development Corporation.
"These awards underscore our international growth and the increasing importance of environmental sustainability to the mining industry," said Brad Marchant, CEO, BioteQ Environmental Technologies. "We have five water treatment plants in operation around the world, including new plants commissioned this year in Australia, China and Mexico - another eight projects are in development in Chile, China, Mexico, Canada and the US. It is an honour to be recognized for the work we are doing to reduce the environmental liability associated with industrial wastewater."
BioteQ is also shortlisted for two environmental awards by the Queensland Environmental Protection Agency in Australia, as well as the Australian Mining Prospect Awards, for its water treatment work in that country. BioteQ has recently commissioned a new plant at the Mt. Gordon mine owned by Aditya Birla, located near Mt. Isa in Queensland, Australia. The plant is currently recovering copper, cobalt, and nickel using BioteQ's proprietary ChemSulphide(R) process to produce saleable metals and clean water. The award winners will be announced later this fall.
BioteQ Corporate Profile
BioteQ builds, owns and operates water treatment plants for the world's mining companies and utility operators, reducing environmental liabilities while generating revenue from waste. 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 is headquartered in Vancouver, Canada, and trades on the TSX under the symbol BQE. For additional information, go to www.bioteq.ca.
On behalf of the Board of Directors
Brad Marchant
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Except for statements of historical fact relating to the Company, certain information contained herein constitutes "forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate" and other similar words, or statements that certain events or conditions "might" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the development, construction and operation of water treatment plants, variations in water quality, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors described in the section entitled "Risks" in the Company's Annual Report for the Year Ended December 31, 2007. Circumstances or management's estimates or opinions could change. The reader is cautioned not to place undue reliance on forward-looking statements.
SOURCE: BioteQ Environmental Technologies Inc.
BioteQ Environmental Technologies Inc. Tanja McQueen Corporate Development 1-800-537-3073 or (604) 685-1243 BioteQ Environmental Technologies Inc. Caren Holtby Investor Relations 1-800-537-3073 or (604) 685-1243 (604) 685-7778 (FAX) Email:
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Website: www.bioteq.ca









