Bio-Extraction Inc. (TSX VENTURE:BXI) ("BioExx" or "the Company") is pleased to
announce that it has received a Certificate of Registration that certifies that
the Food Safety Management System of BioExx Specialty Proteins Inc. ("BSPI") has
been assessed by NSF-ISR and found to be in conformance with ISO 22000:2005
where the Scope of Registration is Canola oilseed processing. NSF-ISR is a not-
for-profit, non-governmental organization that is the world leader in standards
development, product certification, education, and risk-management for public
health and safety. BSPI is a wholly owned subsidiary of Bio-Extraction Inc. and
is the owner and operator of the Company's canola processing facility in
Saskatoon. 


ISO 22000:2005 requires that all hazards that may be reasonably expected to
occur in the food chain, including hazards that may be associated with the type
of process and facilities used, are identified and assessed. Thus it provides
the means to determine and document why certain identified hazards need to be
controlled by a particular organization and why others need not. ISO 22000
integrates the principles of the Hazard Analysis and Critical Control Point
(HACCP) system and application steps developed by the Codex Alimentarius
Commission.


To successfully complete the ISO 22000:2005 audit, an applicant must also
demonstrate that it has adequately installed both HACCP and GMP procedures and
is practicing both to a level that is consistent with the requirements set out
under ISO 22000:2005.


HACCP is internationally recognized as the primary means for enhancing food
safety throughout the food chain, and is increasingly being used around the
world. HACCP, or, Hazard Analysis Critical Control Points, is a standard
designed to prevent, reduce or eliminate potential biological, chemical and
physical food safety hazards.


Good manufacturing practices or "GMP" is a term that is recognized worldwide for
the control and management of manufacturing and quality control of foods,
pharmaceutical products, and medical devices. GMPs are guidelines that outline
the aspects of production that would affect the quality of a product. In Canada,
GMP is controlled and monitored by Health Canada.


"We are very proud of our Saskatoon team for achieving this important
certification so early in the plant life-cycle. While firmly expected, we do
believe this is an important milestone as it demonstrates a readiness to manage
the critical issue of food safety, and the additional controls that will be
required, as we commence our specialty protein production," says BioExx CEO
Chris Carl. "We also believe that this is exemplary of the very strong
importance that senior management puts on quality in every aspect of our
operations."


ABEX Award

BioExx is very proud to announce that it is the recipient of the 2009
Achievement for Business Excellence (ABEX) Award in the category of
Technology-In-Action New Saskatchewan Product. The award, which was issued by
the Saskatchewan Chamber of Commerce on Saturday, October 24th, and sponsored by
the Saskatchewan Research Council, goes to a business demonstrating exceptional
performance in launching a new Saskatchewan- made product, technology or
service, which is original and has strong commercial potential.


Laurence Parslow, General Manager of the Saskatoon Plant and Director of
Research and Development for BioExx, accepted the award. "It is a great honour
to be recognized in our community among so many other excellent Saskatchewan
companies," said Mr. Parslow. "We are very excited about the new canola based
protein products that we are bringing to market and we look forward to continued
success working with some of the best minds and research organizations in the
industry here in Saskatchewan."


The award also includes a $10,000 monetary prize provided by SRC's
Technology-in-Action Fund. BioExx intends to use the funds either to make a
donation, or to create a program of its own, aimed at assisting others in
furthering their post-secondary, science-related education in Saskatchewan.


About Bio-Extraction Inc.

Headquartered in Toronto, Canada, BioExx is a leading technology and industrial
processing company focused on the extraction of oil and high-value proteins from
oilseeds for the global food, beverage, and nutrition markets. BioExx's patented
technology allows for the use of significantly lower temperatures than
conventional methods in extracting the active ingredients and oils from
oilseeds, resulting in higher yields and higher-quality meal, oils and proteins.
BioExx's low energy requirements, environmentally sound process, and high-yield
production have the potential to make a valuable contribution in alleviating
food scarcity. BioExx operates a commercial scale extraction facility in
Saskatoon, Saskatchewan, and has a mission to construct additional and larger
processing facilities on a global basis. To find out more about Bio-Extraction
Inc. (TSX VENTURE:BXI), please visit www.bioexx.com


The statements made in this press release include forward-looking statements
that involve a number of risks and uncertainties. These statements relate to
future events or future performance and reflect management's current
expectations and assumptions. A number of factors could cause actual events,
performance or results to differ materially from the events, performance and
results discussed in the forward-looking statements, such as the economy,
generally, competition in its target markets, the demand for BioExx's products,
the availability of funding, the efficacy of its technology, and the anticipated
costs of BioExx's plant construction and operation. These forward-looking
statements are made as of the date hereof and BioExx does not assume any
obligation to update or revise them to reflect new events or circumstances.
Actual events or results could differ materially from BioExx's expectations and
projections."


Bioexx Specialty Proteins Ltd Com Npv (TSXV:BXI)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Bioexx Specialty Proteins Ltd Com Npv Charts.
Bioexx Specialty Proteins Ltd Com Npv (TSXV:BXI)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Bioexx Specialty Proteins Ltd Com Npv Charts.