BIOREM Inc. reported earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company's revenues were CAD 4,892,000 compared to CAD 963,000 a year ago. EBITDA was CAD 350,000 compared to LBITDA of CAD 1,296,000 a year ago. Net earnings were CAD 77,000 or CAD 0.01 per basic share compared to net loss of CAD 1,658,000 or CAD 0.14 per basic share a year ago.

For the nine months, he company's revenues were CAD 11,032,000 compared to CAD 8,597,000 a year ago. LBITDA was CAD 524,000 compared to CAD 1,387,000 a year ago. Net loss was CAD 1,146,000 or CAD 0.09 per basic and diluted share compared to CAD 2,174,000 or CAD 0.18 per basic and diluted share a year ago.

The company also announced that Mr. Steven Ardia has retired from his post as a Director of the Corporation.