Technology Green 15 Award

November 13, 2013

For a fifth consecutive year, Bionest wins Technology Green 15^tm Award at the 2013 Deloitte Technology Fast 50 ^tm Awards

Trois-Rivières, November 13, 2013 – Bionest is a named winner of the prestigious Deloitte Technology Green 15^tm Award for developing technology solutions and intellectual property that promotes efficient use of the earth’s resources. The Deloitte Technology Green 15^tm Award recognizes winners that create technology solutions that reduce environmental impacts while improving operational performance and productivity.

“Deloitte’s Technology Green 15^tm companies make a positive impact on the environment with innovations that help reduce global warming, and save energy to preserve the environment,” said Richard Lee, Deloitte’s National Managing Partner, Technology, Media & Telecommunications. “They deserve to be recognized for their leadership in creating major breakthroughs in the field of clean technology.”

Bionest’s Executive Vice-President and Director General, Mr Pierre Saint Laurent, says “Bionest invests a significant part of its revenue in research and development in order to continuously push for innovative and high performance products through the use of state of the art technology which results in providing water a new life”.

Technology Green 15^tm companies own proprietary technology or intellectual property that contributes to a significant portion of operating revenue. To qualify for the Technology Green   15^tm Award, companies must be headquartered in Canada or be Canadian controlled with a management team and R&D activities in the country. Winning companies invest at least 5% of gross revenue in R&D and maintain minimum revenue of $50,000 in its most recent year of operations.

About the Deloitte Technology Green 15^TM – The Technology Green 15^TM recognizes Canada’s leading GreenTech companies. GreenTech, the industry term for "green technologies", is taking on greater importance in the world in general and the world of business in particular. It includes any technology that promotes a more efficient use and re-use of the earth's resources in industrial production and consumption. GreenTech products and services are designed to reduce or eliminate environmental impacts and improve operational performance, productivity, or efficiency while reducing costs, inputs, energy consumption, waste, or pollution. Although many companies within GreenTech industry sectors are very different, they share a common trait: all use new, innovative technology to create products and services that compete with existing products and services on price and performance while reducing impact on the environment.

About the Deloitte Technology Fast 50^TM - The Deloitte Technology Fast 50^TM program is Canada’s pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features four distinct categories including the Technology Fast 50^TM Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than five years, with the potential to be a future Deloitte Technology Fast 50^TM candidate,) Leadership Awards (companies that demonstrate technological leadership and innovation within the industry) and the Deloitte Technology Green 15^TM Awards (Canada’s leading GreenTech companies that promote a more efficient use and re-use of the earth's resources in industrial production and consumption.) Program sponsors include Deloitte, Bennett Jones and OMERS Ventures. For further information, visit www.fast50.ca.

About Bionest – Bionest specializes in developing and marketing advanced wastewater treatment systems. It offers systems with unsurpassed performances which allow water re-use. Targeted markets are residential dwellings, businesses and municipalities. Several products are offered, in various configurations which easily adapt to regulations and site conditions; quality of the treated water, robustness, simplicity and reliability are key features which make these products stand out from the competition. Bionest is recognized throughout Canada, the United States, Europe, the Caribbean, Latin America and the Middle East. The company has over 150 employees.