BioQuest Technologies Makes Statement Regarding Spam E-Mails or Spam Faxes and Marketing In Relation to Their Stock.

Company Encourages Investors to Disregard Such Emails and Base Investment Opinions Solely on Due Diligence 

PALM BEACH GARDENS, Fla. -- BioQuest Technologies, Inc. (Pink sheets:BQTG), an antimicrobial services outfit servicing homes and businesses to protect them from harmful and even dangerous bacteria, mold and mildew recently has been responding to various complaints that it has received regarding "spam e-mails or spam faxes" that allege to come from a third party retained by the company. The company has firmly stated that it has not retained such a third party and denounces any investor sending out such spam e-mails or spam faxes in an attempt to possibly increase the value of their own personal investment.

BioQuest Technologies President Arne Rotne stated, "We are stunned by the emails that have been forwarded to our company along with complaints from the email recipients. We want to ensure potential investors that these spam e-mails or spam faxes, some of them very poorly written and/or highly crude in language, are not originating from our company, and in no manner represent our company, beliefs, strategies or expectations."

Rotne continued, "Spam E-mails or Spam Faxes are sent by people that prey on inexperienced investors as a means, in most cases, of increasing the value of the spammer's own personal investment. In some cases, to legitimize their implied knowledge, the spammer's outright state that they have inside information on the company, know of an upcoming piece of news, and/or have been compensated by our company to promote our stock. Regrettably, some potential investors want to believe that they have been fortunate enough to receive this inside information and as a result make financial decisions on highly inaccurate information. Be very wary of emails that promise low or no risk, unrealistically high profits or guaranteed returns. Such sound opportunities simply do not exist."

"We denounce these spam e-mails or Spam faxes in every aspect and strongly discourage investors from using these emails as part of their investment strategies. Investors should perform due diligence on our company, speak with their financial advisors, and read company sponsored press releases to make sound investment decisions. We want to reiterate that these spammers have no legitimate inside information that makes their opinions legitimate. We have been fortunate enough to assemble a strong, reputable and highly talented team to develop a unique service with great products. It is regrettable that in the midst of such great excitement within the walls of our company we must shift our focus to address this matter."

The company stated that spammers capitalize on the fact that small investors often do not verify the validity of the information presented to them. Also spammers like in this case, disregard laws of individuals and businesses. Also BioQuest Technologies is reviewing all possible legal ramifications against a marketing firm that might have been somehow involved with these spammers BioQuest feels actually might have had a part in creating a declining stock value. BioQuest has severed all ties with that group and has no control over the value of the stock in the market, as that is created by the selling and buying in the market, news from the company, and runs its company as positively as possible offering credible news and information for investors to make their own decisions. Sometimes stock offers a value of the company, and sometimes stocks are guided by completely different occurrences. The company further indicated that investors should immediately question any email spam and/or fax sent by an "anonymous source" offering a great financial opportunity or financial independence. An investment made solely on the validity of an anonymous email spam and/or fax is, without exception, a high risk investment. And investing in a stock is solely at the risk of the investor.

Arne Rotne concluded, "We have been attempting to track the sources of these spam emails and spam faxes but have been unsuccessful so far, as these emails are sent from anonymous third party proxy servers. We ask anyone that successfully identifies a source of one of these emails spam and/or faxes to forward their information directly to us or to the SEC's enforcement division at [e-mail] so that these spammers and/or faxes may be immediately stopped."