Global innovators in water technology recognized

Sydney, Australia - California's 'The Artemis Project' has selected the Australian company Ioteq IP as one of the winners of its international 'Top 50 Water Companies' competition.

This award places Ioteq among the leading companies in the world in one of the great high-growth industries of the 21st century.

"The winners have excelled in key strategic areas in the emerging advanced water technology sector," said Laura Shenkar, principal of The Artemis Project.

"We are excited to spotlight these innovative companies for the first time on the world's stage and congratulate them for their achievements in introducing the solutions that will reinvent the water landscape," she said.

Ioteq CEO Jared Franks described his company's patented Isan technology "as an iodine-based disinfection system for use across many industries, including food safety, water sanitation and agriculture."

"The Isan system is an environmentally clean technology that replaces chlorine for water disinfection in many high profile industries such as food and beverage production, wastewater and drinking water. The system can extract all iodine from the water once disinfection is complete, allowing the water to be recycled or dumped without harmful chemical residues. "With more than 150 Isan systems sold in Australia and New Zealand, Ioteq has begun its international growth by establishing strategic partnerships overseas. They include BioLargo Inc. (symbol BLGO.OB), with whom we have signed an agreement to market the Isan technology exclusively in the US and on a non-exclusive basis globally. We are delighted to have received this honour and recognition by The Artemis Project," he said.

About Ioteq;

Ioteq IP developed its award-winning Isan technology in Australia, providing innovative, cutting-edge water disinfection technologies for use across multiple industry sectors. Following more than six years of R&D, Ioteq implemented its technology in Australia in 2002, followed by New Zealand.

About The Artemis Project

The Artemis Project is a boutique consulting practice that brings unique capabilities to 21st century water management, combining an understanding of the most advanced solutions with an international network of developers, investors and users of advanced water technology. The group specializes in developing holistic water management strategies for major corporations. It also supports product launches into business operations worldwide, actively participates in water industry events and supports environmental policy initiatives. More information and the list of competition winners is available at http://www.theartemisproject.com/.

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Jared Franks, CEO

Phone +61 2 9212 7774

Mobile 0414 575 558 (International +61 414 575 558)