Scottsdale, Arizona 6/30/2009 1:43:33 AM
News / Finance

BioNeutral Group, Inc. (BONU.OB) Retains Chertoff Group as Strategic Advisors

QualityStocks would like to highlight BioNeutral Group, Inc. (OTCBB: BONU). BioNeutral Group is a chemical technology-based Life Science company that intends to commercialize a combinational chemistry-based technology which can neutralize harmful environmental contaminants, toxins and dangerous micro-organisms including bacteria, viruses, mold, fungi and spores.

 

In the company’s news Friday,

 

BioNeutral Group, Inc. announced the company has retained the Chertoff Group to provide strategic advisory services. Based in Washington, D.C. and led by former Secretary of Homeland Security Michael Chertoff, the Chertoff Group is a security and risk management advisory firm that counsels corporate and government clients addressing threats related to terrorism, fraud, cyber security, border protection and supply chain security.

 

Under the terms of this agreement, the Chertoff Group will focus on making preliminary recommendations for BioNeutral’s proprietary chemical technology for potential use in commercial and government health, defense and bio security markets in the United States.

 

Stephen J. Browand, president and chief executive officer of BioNeutral Group, Inc., stated, “We are excited to engage former Secretary Chertoff and his firm to assist us in our endeavors; presenting our proprietary technology to the various markets including health, defense and bio security.” He continued, “It is a privilege to have such an elite group represent our company and we are confident that they will play a significant role in the successful strategic introduction of our life-saving technology.”

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.