BioQuest Technologies Inc. Names Arne Rotne II as CEO
2007-06-26 11:09 ET - News Release
JUPITER, Fla., June 26, 2007 (PRIME NEWSWIRE) -- BioQuest Technologies, Inc., (Pink Sheets:BQTG), a leading developer of innovative, environmentally safe antimicrobial products, recently named Arne Rotne II as President and CEO. Rotne's expertise in developing manufacturing products and bringing them to the retail and wholesale markets spans over 25 years.
Before joining BioQuest, Rotne spearheaded a number of multi-million dollar projects including being the Director of New Product Development for Blue Star Food Products, one of the leading crabmeat companies in the U.S. Mr. Rotne was responsible for building a line of retail products and developing a processing system as well. Prior to Blue Star, he was President of Perfect Foods and ALR Enterprises where he developed state of the art food products and modified air packaging for a product line sold exclusively to Sam's Club called Chef Arne's.
"I firmly believe BioQuest has the ability to gain a significant share of the multi-billion dollar antimicrobial industry," Rotne said. "Some of our biggest products are cutting edge and patented. BioShield 75 and ProShield 5000 for instance are taking a multitude of industries by storm and have generated serious attention based on their incredible benefits. BioQuest is perfectly positioned to meet the growing demand of consumers who are seeking proven solutions against bacteria and mold."
Rotne will be based in Jupiter, Florida, headquarters for BioQuest accounting, regulatory affairs IT and operations.
About BioQuest Technologies, Inc.:
BioQuest Technologies Inc. develops innovative antimicrobial products that are environmentally safe protecting homes and businesses from dangerous mold, bacteria and fungi. The company's best-selling and revolutionary new product is its patented BioShield 75 product which is EPA registered. BioShield 75 eliminates and inhibits further growth of bacteria, fungi, algae, mold and mildew. In addition, BioShield 75 is water based, odorless and colorless, protects a wide range of surfaces and has been accepted by the USDA for use on food contact surfaces. BioQuest's ProShield 5000 provides antimicrobial protection in textiles such as jerseys, socks, towels, and various surfaces. BioQuest Technologies offers a variety of products that provide durable and effective antimicrobial protection against damaging microbes. For more information about BioQuest Technologies go to: www.BioQuestech.com. BioQuest Technologies makes no health claims when discussing results for its' antimicrobial products.
Safe Harbor: This letter contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability of the Company to successfully implement its turnaround strategy, changes in costs of raw materials, labor, and employee benefits, as well as general market conditions, competition and pricing. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this letter will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as representation by the Company or any other person that the objectives and plans of the Company will be achieved. In assessing forward-looking statements included herein, readers are urged to carefully read those statements. When used in the Annual Report on Form 10-K, the words "estimate," "anticipate," "expect," "believe," and similar expressions are intended to be forward-looking statements.
CONTACT: The Cervelle Group
Investor Relations
David Donlin
(407) 475-9966
info@thecervellegroup.com
With trading you must conquer your emotions and be very disciplined about your goals.
