CVF Technologies Corporation's Holding - BIOREM Announces $3.0 Million (Cdn) in New Orders
15 Agosto 2007 - 7:30AM
PR Newswire (US)
WILLIAMSVILLE, N.Y., Aug. 15 /PRNewswire-FirstCall/ -- CVF
Technologies Corporation's (OTC:CNVT) (BULLETIN BOARD: CNVT)
holding BIOREM announced the receipt of purchase orders valued at
$3.0 Million (Cdn) including a $1.4 million (Cdn) order for a new
field erected BIOFILTAIR(TM) biofilter system. The system is to be
installed for the control of odors at a new solid waste recovery
facility and is scheduled for completion in January 2008. "This is
a further example of the relationship between BIOREM's odor control
capabilities and the growing applications for solid waste
recovery," said Peter Bruijns, President and CEO of BIOREM. "Our
biofilters support landfill diversion initiatives. This is our
third large scale system for similar applications in the last 18
months and this order caps a strong beginning to the 3rd quarter
where we have seen order backlog climb back over the $10 million
(Cdn) mark with more than $3.0 million (Cdn) in new orders since
July 1, 2007". A principal consideration in the recovery of waste
is the odors associated with the collection, handling and
processing. Biofilters from BIOREM provide superior odor removal
from air emissions and allow the installation of these facilities
within urban industrial areas without offending neighbors. Similar
installations have been installed for customers in Peel Region,
Ontario and Sydney, NS as well as animal by-product recovery
plants. BIOREM(R) (http://www.biorem.biz/) manufactures
BIOSORBENS(TM) biofilter media and is a leading supplier of
biofilters for air pollution control in municipal and industrial
applications, including the recently acquired BIOCUBE(R) modular
units. With over 400 installed systems and over a decade of
experience, the Company's biofilters are the technology of choice
for odor control at Wastewater Treatment Plants across North
America. CVF Technologies Corporation (http://www.cvfcorp.com/) is
headquartered in Williamsville, New York. CVF is a technology
development company, whose principal business is sourcing, funding
and managing emerging pre-public technology companies with
significant market potential. Founded in 1989, CVF's holdings
include four companies involved primarily in environmental
products/services. Certain statements made in this press release
which are not historical facts are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that these statements involve risks and
uncertainties, which may cause actual results or achievements to be
materially different from any future results and achievements
expressed or implied by the forward-looking statements. These risks
include, but are not limited to, product demand and market
acceptance risks for the products and technologies of CVF's
subsidiary companies and investees; the impact of competitive
products, technologies and pricing; delays or difficulties in
developing, producing, testing and selling new products and
technologies; the ability of the company's subsidiaries and
investees to obtain necessary financing for their operations and to
consummate initial public offerings of their stock; the effect of
the Company's accounting policies; the effect of trade restrictions
and other risks detailed in the company's Statement on Form 10-SB/A
filed with the U.S. Securities and Exchange Commission and any
subsequent filings with the Commission. For more information please
contact: http://www.cvfcorp.com/ DATASOURCE: CVF Technologies
Corporation CONTACT: Robert L. Miller, Chief Financial Officer, or
Jeffrey Dreben, President & CEO, both of CVF Technologies
Corporation, +1-716-565-4711 Web site: http://www.cvfcorp.com/
http://www.biorem.biz/
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