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Guidance

In March 2012, BioteQ's management provided guidance on expected financial results for 2012 which indicated that the Company expected to grow revenues by 30% vs. the $7.4 million achieved in 2011, and to reduce cash use by at least 40% vs. 2011 to less than $1.5 million. The Company remains on track with respect to the 2012 operations and financial guidance.

The Company expects to release its 2012 fourth quarter and annual audited financial results in March 2013. The Company will also provide full year operational and financial guidance for 2013 at that time. Details regarding the exact timing of the release and investor conference call will be provided a week prior to the release.

BioteQ Corporate Profile

BioteQ is an innovative clean technology leader in global industrial water treatment, serving the mining and energy markets. The company's proven technologies have been applied at sites around the world to recover dissolved metals and remove sulphate, producing clean water and eliminating residual waste. BioteQ is headquartered in Vancouver, Canada and trades on the TSX under the symbol BQE. Please visit our website at www.bioteq.ca for additional information.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Certain information contained herein may not be based on historical fact and therefore constitutes "forward-looking information" under applicable Canadian securities legislation. This includes without limitation statements containing the words "plan", "expect", "project", "estimate", "intend", "believe", "anticipate", "may", "will" and other similar words or expressions. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks, uncertainties and other factors that may cause actual events or results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the Company's dependence on key personnel and contracts, uncertainty with respect to the profitability of the Company's technologies, competition, technology risk, the Company's ability to protect its intellectual property and proprietary information, fluctuations in commodity prices, currency risk, environmental regulation and the Company's ability to manage growth and other factors described in the Company's filings with the Canadian securities regulators at www.sedar.com (including without limitation the factors described in the section entitled "Risks and Uncertainties" in the Company's Annual Report for the year ended December 31, 2011 and the section entitled "Risk Factors" in the Company's Annual Information Form for the year ended December 31, 2011). Given these risks and uncertainties, the reader is cautioned not to place undue reliance on forward-looking statements. All forward-looking information contained herein is based on management's current expectations and the Company undertakes no obligation to revise or update such forward-looking information to reflect subsequent events or circumstances, except as required by law.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.



Contacts:
BioteQ Environmental Technologies Inc.
Jonathan Wilkinson
CEO
604-685-1243 or 1-800-537-3073
604-685-7778 (FAX)
jwilkinson@bioteq.ca

BioteQ Environmental Technologies Inc.
Paul Kim
CFO
604-685-1243 or 1-800-537-3073
604-685-7778 (FAX)
pkim@bioteq.ca
www.bioteq.ca