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Bion Environmental Technologies, Inc. Announces Completion of Audit, Integration Model & Patent Application, Strengthening Management Team, and Development Plans

June 23, 2006.  New York, New York.  Bion Environmental Technologies, Inc. (‘Bion’) (Pink Sheets: BNET) announced the following today:

About Bion:  Bion Environmental Technologies, Inc.’s patented and proprietary technology provides a comprehensive environmental solution to the single largest source of pollution in US agriculture, Confined Animal Feeding Operations (CAFO’s)--dairy cows, beef cattle, swine and poultry.  Bion’s technology is ‘comprehensive’ in that it surpasses current (as well as likely future) environmental regulations for both nutrient releases to water and air emissions from livestock waste streams. Additionally, Bion’s technology platform integrates ethanol production and renewable energy (methane, combustion & co-generation) production and on-site utilization with large-scale CAFO’s (and their end-product users) in an environmentally and economically sustainable manner while reducing CAPEX and operating costs for the entire integrated complex.

This material includes forward-looking statements based on management's current reasonable business expectations.  In this document, the word ‘intends’, ‘projects’, ‘anticipates’ and similar expressions identify certain forward-looking statements. These statements are made in reliance on the Private Securities Litigation Reform Act, Section 27A of the Securities act of 1933, as amended.  There are numerous risks and uncertainties that could result in actual results differing materially from expected outcomes. 

Contact information:

Mark A. Smith
President
303-517-5302
mas@biontech.com
Craig Scott
Vice President-Capital Markets/IR
303-843-6191 direct
cscott@biontech.com

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