BioteQ Environmental Technologies Inc. reaffirms earnings guidance for the year 2012. 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.