WILLIAMSVILLE, NY (08/17/06) -- CVF Technologies Corporation's (OTC Bulletin Board: CNVT) holding BIOREM announced the appointment of Stephen V. Ardia as an advisor to Board of Directors. In a business career spanning over 35 years, Stephen V. Ardia, was CEO of Goulds Pumps, a NYSE traded company, from 1985 to 1994 after serving the company in a variety of executive positions for over 20 years. Goulds Pumps is one of the largest pump manufacturers in the world. During his tenure as CEO, sales grew from approximately $250 million to $600 million during a period of industry contraction and consolidation. He was named CEO of Environment One in 1995 where sales grew from $11 million in 1994 to approximately $28 million by the end of 1998, and pre-tax profits improved from a loss of $720,000 to $5.3 million in the same time period. Environment One is a manufacturer and provider of utility systems for the protection and performance optimization of electric utility assets. During 1998 the company was sold for more than $70 million in cash.

"Steve has extensive experience and contacts in the markets served by BIOREM. BIOREM will benefit from Steve's track record in building successful companies and his specific experience in marketing and distribution of capital equipment to industrial and municipal markets," said Bob Nally, Chairman of the Board of BIOREM. "His extensive network of business associates will help BIOREM form strong relationships with large multinationals to leverage business opportunities on a local and global basis."

Mr. Ardia currently serves as Chairman of two of Champlain Capital Partners portfolio investments Elrod Corporation (Indianapolis, IN) and Earth Tools Co. LLC (Milwaukee, WI). Champlain Capital Partners is a private equity fund based in San Francisco. He has served as the Chairman of the Board of Maxim Technologies (Dallas, Texas), as well as eLogic Group LLC (Rochester, NY), and a member of the Board of Trojan Technologies (London, ON). In addition, Mr. Ardia has served on the boards of banks, health care providers, oil equipment manufacturers as well as a wide range of not-for-profit organizations. Mr. Ardia holds an engineering degree from the United States Merchant Marine Academy and an MBA from Rutgers University.

BIOREM® (www.biorem.biz) manufactures BIOSORBENS(TM) biofilter media and is a leading supplier of biofilters for air pollution control in municipal and industrial applications, including the recently acquired BIOCUBE® modular units. With over 400 installed systems and over a decade of experience, the company's biofilters are the technology of choice for odor control at Wastewater Treatment Plants across North America.

CVF Technologies Corporation (http://www.cvfcorp.com) is headquartered in Williamsville, New York. CVF is a technology development company, whose principal business is sourcing, funding and managing emerging pre-public technology companies with significant market potential. Founded in 1989, CVF's holdings include four companies involved primarily in environmental products/services.

Certain statements made in this press release which are not historical facts are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these statements involve risks and uncertainties, which may cause actual results or achievements to be materially different from any future results and achievements expressed or implied by the forward-looking statements. These risks include, but are not limited to, product demand and market acceptance risks for the products and technologies of CVF's subsidiary companies and investees; the impact of competitive products, technologies and pricing; delays or difficulties in developing, producing, testing and selling new products and technologies; the ability of the company's subsidiaries and investees to obtain necessary financing for their operations and to consummate initial public offerings of their stock; the effect of the Company's accounting policies; the effect of trade restrictions and other risks detailed in the company's Statement on Form 10-SB/A filed with the U.S. Securities and Exchange Commission and any subsequent filings with the Commission.