PR Newswire
GUELPH, ON, Dec. 13, 2017
GUELPH, ON, Dec. 13, 2017 /PRNewswire/ - BIOREM Inc. (TSX-V:
BRM) ("Biorem" or "the Company") today announced several new orders totalling $7.0 million.
The orders are for air emission abatement projects in China and North
America.
"Our focus for business development in 2017 has been primarily centered on China and we are
beginning to see the results from all of that effort" said Derek S. Webb, President and Chief
Executive Officer. "Of particular note are several high profile projects in the municipal wastewater and petrochemical refining
industries in China. Recent tightening of the air quality regulations in Tier 1 cities has resulted in a massive demand for
effective long-term solutions."
"We are cooperating closely with our strategic partners and local regulators to capitalize upon this great opportunity and
plan to continue to invest additional resources to ensure we maximize our market share in this fast growing economy. Growth
in China helps to supplement our core market areas in North
America where we continue to grow year over year. With these latest orders, the Company's order backlog stands firm
at approximately $17 million, providing great revenue visibility for the next three to four
quarters."
About BIOREM Inc.
BIOREM is a leading clean technology company that designs, manufactures and distributes a comprehensive line of
high-efficiency air emissions control systems used to eliminate odors, volatile organic compounds (VOCs), and hazardous air
pollutants (HAPs). With sales and manufacturing offices across the continent, a dedicated research facility, a worldwide sales
representative network and more than 1,100 installed systems worldwide, BIOREM offers state-of-the-art technology-based products
and peace of mind for municipalities, industrial companies and their surrounding communities. Additional information on Biorem is
available on our website at www.biorem.biz.
SOURCE Biorem Inc.