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Press release from CNW Group


Monday, January 24, 2011

BIOREM APPOINTS ROBERT WOOD AS CHIEF FINANCIAL OFFICER07:00 EST Monday, January 24, 2011GUELPH, ON, Jan. 24 /CNW/ - BIOREM Inc. (TSX-V:BRM) a leading clean technology company that designs, manufactures and distributes a comprehensive line of clean technology air emission control systems, today announced that Mr. Robert Wood has been appointed as Chief Financial Officer of the Company, effective February 7, 2011.Before joining Biorem, Mr. Wood served as the CFO of Trojan Technologies, a leading global water treatment technology company. Mr. Wood also held positions of progressive responsibility in the field of financial management as a management consultant in France and at Weston Bakeries Ltd. in Toronto, Ontario. "Our expanding business will benefit significantly from having an accomplished financial executive with an excellent track record in the large capital equipment industry to support our growth and ensure we remain focused on achieving positive financial results," said Peter Bruijns, President and CEO of Biorem."I was attracted to Biorem because it is an exciting, growing and ambitious business. With Biorem's recent expansion into new markets with its new technologies, this is a great opportunity to contribute to the Company's future development and success," said Mr. Wood.Robert Wood is originally from Harrow, Ontario, and is a graduate of the University of Windsor's MBA program and Wilfrid Laurier's Business Administration program.  Mr. Wood is a Certified Management Accountant.     About BIOREM Inc. Biorem 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 odors, volatile organic compounds (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, Biorem not only offers state-of-the-art technology-based products but also peace of mind for municipalities, industrial companies and their surrounding communities. Additional information on Biorem is available on our website at TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking StatementsThis press release contains forward-looking statements based on current expectations. These forward-looking statements contain various risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Risks and uncertainties about the Company's business are more fully discussed in the disclosure materials, financial statements and MD&A filed with the securities regulatory authorities in Canada on www.sedar.comNon-GAAP Measures"Order Bookings" and "Order Backlog" do not have any standardized meaning prescribed by Canadian generally accepted accounting principles ("GAAP") and may not be comparable to measures presented by other companies.Order Bookings and Order Backlog are non-GAAP measures that the Company uses to evaluate its sales performance. Order Bookings are those binding contracts that the Company enters into with a third party for the delivery of our products or services. As Order Bookings are received, the contract value (before any associated sales taxes) is included in the Order Backlog. The Order Backlog is reduced by the revenue that is recognized on each project.For further information: Peter Bruijns, President & CEO                      James Smith, Investor RelationsBIOREM Inc. The Equicom Group jsmith@equicomgroup.comTel:  (519) 767-9100 x244 Tel: (416) 815-0700 x229