Sherwin-Williams and BioQuest Technologies to Create a Private Label Antimicrobial Paint for the Lynd Company

June 28, 2007

New Private Label Paint to Use BioQuest’s ProShield 5000 JUPITER, Fla.--(BUSINESS WIRE)--BioQuest Technologies, Inc., (Pink Sheets:BQTG), a leading developer of innovative, environmentally safe antimicrobial products, today announced it has been contracted by the Lynd Company, one of the top 50 largest apartment management companies in the U.S., to work with the Sherwin-Williams Company (NYSE:SHW) on a private label paint. The new private label antimicrobial paint will be a blend of BioQuest’s ProShield 5000 and Sherwin-Williams paint. The Lynd Company will use the new private label paint in its apartment communities which are location throughout the U.S. The Lynd Company, headquartered in San Antonio, TX, is a 25 year old professional property management company dedicated to providing quality living environments for an enjoyable living experience. The Lynd Company and its subsidiaries have financed, brokered and/or purchased over $1 billion in multifamily investments across markets in the southeastern and southwestern U.S. The company was ranked the 35th largest apartment manager in the U.S. for 2007, up from 40th place in 2006 by the National Multi Housing Council. “Developing an antimicrobial paint with Sherwin-Williams on behalf of the Lynd Company reinforces the proven effective, measurable benefits our products offer like ProShield 5000,” said Arne Rotne II, CEO of BioQuest Technologies, Inc. “Since our products can be used in a multitude of areas incorporating our powerful antimicrobial solution with the quality of Sherwin-Williams paint makes a lot of sense. Apartment communities, homes and condos alike can realize direct results with BioQuest’s unique line of products which reduce and even can eliminate bacteria on most surfaces.” Rotne said the Lynd Company is one of the largest customers of Sherwin-Williams paint which makes it possible to have them involved when it comes to creating a private label antimicrobial paint. By utilizing the new private label antimicrobial paint it will greatly reduce or eliminate mold and mildew in each apartment unit. In addition, maintenance costs are reduced and property value is maintained along with creating a better, safer, healthy living environment.

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