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Fri, May 13, 2011

Noveko Filtration Wins the PINNACLE INNOVATION AWARD in the BOMA AWARDS 2011-2012


Published on 2011-05-13 08:32:10 - Market Wire
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MONTREAL, May 13 /CNW Telbec/ - Noveko International Inc. (TSX: EKO) (the "Company") is pleased to announce that the Building Owners and Managers Association (BOMA Québec) has granted its Noveko Filtration division the prestigious PINNACLE INNOVATION AWARD in the BOMA AWARDS 2011-2012. The winners of the various BOMA AWARD categories were revealed at the gala held yesterday evening in Montreal.

"We are very pleased to be honoured by BOMA Québec, the largest group of real estate owners and managers in the province. We received this award whereas several prestigious names were among the finalists, attesting to the innovativeness of our filtration solutions. It represents industry recognition that Noveko(TM) filters combine effectiveness, cost savings, eco- and environmental friendliness, making them a particularly profitable product for the real estate segment," indicated Mr. Simon Labrecque, Vice-President, Filtration, Noveko. "The high profile of this award increases our visibility and paves the way for us to penetrate broader markets, which will contribute to consolidate our position as a provider of ideal filtration solutions for any sustainable development strategy."

As the winner of the PINNACLE INNOVATION AWARD granted by BOMA Québec, Noveko Filtration is now eligible to participate at the national level. The winners' names will be revealed during the BOMEX(R) Congress to be held in Newfoundland in September 2011.

About Noveko(TM) Filtration Solutions

The filters incorporating Noveko's patented technologies consist of multiple layers of synthetic fibre built into a rigid aluminum framework, making them perfectly leak-proof and resistant to variations in temperature and humidity. Their superior filtration effectiveness enables users to achieve energy savings related to their ventilation systems. Their increased durability, combined with the fact that they are cleanable and recyclable, significantly reduces the number of filters used and the costs associated with their replacement and the elimination of waste, making them an ideal eco-friendly solution. It is notably the incorporation of antimicrobial agents into the filter fibres, thanks to Noveko's patented antimicrobial filtration technology, that protects the filters against deterioration due to the action of microorganisms and accounts for their cleanability and durability.

About Noveko International Inc.

Noveko International Inc. offers innovative solutions in the environmental and medical fields worldwide. Through its subsidiaries, the Company specializes primarily in the following business segments: the development, manufacturing and marketing of derivative products from its patented antimicrobial filtration technologies, mainly air filters, surgical masks and respirators, as well as other products with antibacterial properties such as hand sanitizers - and the development, manufacturing and marketing of medical equipment, primarily portable real-time ultrasound scanners for use in human and veterinary medicine.

Certain statements set forth in this press release constitute forward-looking statements. In some cases, these statements are identified by the use of terms such as "may", "could", "might", "intend", "should", "expect", "project", "plan", "believe", "estimate" or other comparable variants. These statements are based on the information available at the time they are written, on assumptions made by management and on the expectations of management, acting in good faith, regarding future events, including those relating to economic conditions, fluctuations in exchange rates and operating expenses, and the absence of unusual events entailing supplementary expenditures. Although management considers these assumptions and expectations reasonable based on the information available at the time they are written, they could prove inaccurate. Forward-looking statements are also subject, by their very nature, to known and unknown risks and uncertainties such as those related to the industry, acquisitions, labor relations, credit, key officers, supply and product liability. The actual results of Noveko International Inc. could differ materially from those indicated or underlying these forward-looking statements. The reader is therefore recommended not to unduly rely on these forward-looking statements. Forward-looking statements do not reflect the potential impact of special items, any business combination or any other transaction that may be announced or occur subsequent to the date hereof. Unless otherwise required under securities laws, the Company does not intend and undertakes no obligation to update or revise the forward-looking statements.

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