CVF Technologies Corporation's Holding - Biorem
11 Febrero 2008 - 9:13AM
PR Newswire (US)
Biorem Appoints Chief Financial Officer and Reports Booking Update
WILLIAMSVILLE, N.Y., Feb. 11 /PRNewswire-FirstCall/ -- CVF
Technologies Corporation's (OTC:CNVT) (BULLETIN BOARD: CNVT)
holding Biorem announced the appointment of Mr. Ed Corbett to the
position of Chief Financial Officer of the corporation effective
February 11, 2008. He brings with him a diverse set of abilities
appropriate for the stage of development of Biorem. "We are pleased
that Mr. Corbett is joining the company," said Peter Bruijns,
President and CEO of Biorem. "He will provide the necessary
financial leadership as we continue to build the company's systems
to manage anticipated growth." Ed Corbett brings more than 15 years
of senior financial and operational experience in Professional
Services and technology-related companies to Biorem. Ed has over 10
years of experience specializing in business consulting and closed
over $350 million (Cdn) of transactions through joint ventures,
technology licensing and financings. Ed grounded his career at GE
Canada as well as a major insurance company. Most recently, he
served as Director of Finance, Customer Delivery for RightNow
Technologies where he was responsible for the budgeting,
forecasting and operations of the Professional Services group
across North America, and Internationally. Previously, he was the
financial officer and Secretary to the Board of Directors for Serco
DES, a $600 million (Cdn) public-private partnership that operates
the Ontario Ministry of Transportations' driver examination
services. Ed holds a Bachelor of Commerce from Dalhousie University
and a CMA accounting designation. Biorem is also pleased to provide
a bookings update for January where over $800,000 of new orders
were received, triple the average for the past two years. This
represents a good start to an ambitious year for the company and is
a continuation of a strong and growing order book, particularly in
light of the fact that January is typically a slow month for
receipt of new orders. BIOREM(R) manufactures BIOSORBENS(R)
biofilter media and is a leading supplier of biofilters for air
pollution control in municipal and industrial applications,
including BIOCUBE(R) modular units and the recently introduced
MYTILUS(R) biotrickling filters. With over 500 installed systems
and over a decade of experience, the Company's products are the
technology of choice for odor control at Wastewater Treatment
Plants across North America. http://www.biorem.biz/ 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, clean-tech companies with significant market
potential. 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/
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