New Page 2
By: AllPennyStocks.com
A company out of Guelph, Ontario purports to do well by doing good, and is
starting to make genuine headway in these tense economic and environmental
times, announcing contracts for its revolutionary technology to help enhance
both its reputation and its bottom line.
It’s called Biorem Inc., (TSX-Venture:BRM), and it’s a leading clean technology
company occupied with the design and supply of high-efficiency biological-based
air emissions control systems. On the next-to-last day of June, the company
announced two separate orders for odour-control systems, totaling $2.3 million.
One order comes from the Greater Toronto Area, which needs a large-scale
four-cell biofilter designed to treat air emissions from a wastewater treatment
plant, The other order, from whose home is south of the border, is for a
biotrickling filter treating hydrogen sulfide at a wastewater treatment plant in
the American southeast.
The twin orders come a week to the day after a $500,000 order for BRM’s advanced
biological-based volatile organic compounds (VOC) abatement system. VOCs are
emitted primarily from solvents and fuels and react in the atmosphere to form
ground-level ozone. This system will be used to remove VOC emissions from a U.S.
Environmental Protection Agency- (EPA) designated "ozone-non-attainment area"
where ground-level ozone standards are not being met.
BRM has been developing next-generation biological solutions for the degradation
of VOCs using biological techniques. The result is a technology solution able to
achieve up to 95% destruction of VOCs using biological processes. BRM has, to
date, filed three patent applications covering a number of innovations which
will provide a competitive advantage.
Headquartered, as mentioned, in Guelph, BRM has offices in Victor, New York and
Beijing, Biorem began as a derivative company from the University of Waterloo.
Incorporated in 1991, BRM has quickly grown as an industry leader in air
pollution control.
BRM is a leading clean technology company that designs, manufactures and
distributes a comprehensive line of high-efficiency biological-based air
emissions control systems. These systems are used to eliminate odours, VOCs and
hazardous air pollutants (HAPs), and for the conditioning of biogas renewable
energy.
With sales and manufacturing offices across the continent, a dedicated research
facility, a worldwide sales representative network and more than 600 installed
systems worldwide, BRM not only offers state-of-the-art technology-based
products but also peace of mind for municipalities, industrial companies and
their surrounding communities.
The announcement of the two contracts didn’t shake up the market on June 29, as
investors were likely pre-occupied with the troubles in China. Only 1,000 BRM
shares changed hands that day, although they brought the price a penny higher,
to 63 cents. The stock’s peak for the last 52 week is around 99 cents, achieved
last March, after falling to a low of 30 cents last July. But with brighter
things on the horizon for this clean-air company, momentum is likely to build,
and soon, and investors should take heed.
About AllPennyStocks.com:
AllPennyStocks.com is a website devoted to Canadian and American Stocks and
Penny Stocks. Some features in the website include quotes, news and charts. The
site also offers weekly write-ups of financial news, weekly penny stocks to
watch, daily top 50 penny stocks info, technical analysis, a portfolio manager,
a section for visitors to input their own penny stock picks, as well as an
elaborate amount of information for beginning investors. Visitors can sign up to
the AllPennyStocks.com mailing list to receive more penny stock articles, stock
profiles and more. AllPennyStocks.com is a well developed and recognized
financial site among the investment community.
