New Clean Air Technology Creates Jobs in Ontario, Canada
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TORONTO--(Business Wire)-- Ontario, Canada is supporting the development of new wastewater treatment technology that will create jobs and help fight air pollution. The province is investing almost $1.2 million through the Innovation Demonstration Fund to help BIOREM Technologies Inc. bring its new air filtration and purification technology to the global market. The company designs and manufactures systems that remove odours and contaminants from the air. This funding will help BIOREM showcase its new "Unity" technology to customers and investors, including a project at the Preston Wastewater Treatment Plant in Cambridge, Ontario. The company also anticipates hiring 27 new employees over the next five years including engineers, and mechanical and design technologists This funding is part of Ontario's Innovation Agenda, a plan to make research and innovation the driving force of Ontario's future economy. QUICK FACTS * The recent provincial budget boosted Ontario's commitment to support emerging green technology companies by creating a new $250-million Emerging Technologies Fund and injecting another $50 million into the highly successful Innovation Demonstration Fund. * More than 14,000 wastewater treatment plants in North America (including 465 sewage treatment plants in Ontario) require some form of air filtration. "The Ontario government is proud to support companies like BIOREM in their efforts to commercialize great ideas in Ontario fast, and bring new technologies to the global market first. They are driven by the fact that through innovation, businesses can compete globally, create good jobs and protect our health and environment at the same time," said John Milloy, Minister of Research and Innovation. "BIOREM is a creative, aggressive, technology company that recognizes the need to capitalize on the principle of 'speed to market'. This support from the Ontario government is helping us move our Unity product into the marketplace more quickly so that we can seize a competitive market position and grow our company," said Peter Bruijns, President and CEO, BIOREM Technologies Inc. BlissPR John C. Pappas, 212-840-1661 Senior Account Executive pappas@blisspr.com or Ministry of Economic Development and Trade Ray Lancashire, 416-326-1608 Media Relations, Invest Ontario ray.lancashire@ontario.ca Copyright Business Wire 2009
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