SET Bluemetric Environmental, Inc.

OTTAWA, March 31 /CNW/ -- OTTAWA, March 31 /CNW/ - Seprotech Systems Incorporated (TSX-V: SET; "Seprotech" or the "Company") is pleased to report that on March 31, 2011 it entered into an agreement with its principal lender to increase availability under its line of credit until May 31, 2011. The additional $400,000 term loan facility (the "Term Loan Facility") will be secured by a general security agreement over all the assets of the Company. The Term Loan Facility was completed in accordance with the terms of a partial revocation (the "Partial Revocation") of a cease trade order issued by the Ontario Securities Commission (the "Commission") on March 8, 2011. The proceeds of the Term Loan Facility will be used to finance completion of a contract with a significant customer, for legal and audit expenses related to preparation and filing with the Commission continuous disclosure documents with a view to obtaining full revocation of the cease trade order, and to fund preparation of contract bids for new business. Seprotech is a provider of pre-engineered water and wastewater treatment plants to the land development sector, the resource sector and military market place, including CrystalBlue™ membrane-based water recycling systems and the ROTORDISK(®) wastewater treatment systems. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. Some of the statements in this press release, including those relating to the Company's strategies and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates" or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company's expectations, estimates and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as required by law. To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/March2011/31/c8191.html p Mr. Matthew Anderson, Investor Relationsbr/ Tel: (613) 523-1641br/ Fax: (613) 731-0851 /p

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