GENTOFTE, DENMARK--(Marketwire - Feb 3, 2012) - LiqTech International, Inc. (OTCQX: [ LIQT ]) (OTCBB: [ LIQT ]) announced today that the Company is now trading on the OTC market's highest tier, OTCQX^®. OTC Markets Group Inc. (OTCQX: [ OTCM ]) operates the world's largest electronic marketplace for broker-dealers to trade unlisted stocks.

"We are very pleased to be trading on the highest tier that the OTC Markets Group offers," stated Aldo Petersen, LiqTech Chairman of the Board.

Sunrise Securities Corp. will serve as LiqTech's Designated Advisor for Disclosure ("DAD") on OTCQX, responsible for providing guidance on OTCQX requirements.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: [ OTCM ]) operates the world's largest electronic marketplace for broker-dealers to trade unlisted stocks. The OTC Link^™ platform supports an open network of competing broker-dealers that provide investors with the best prices in over 10,000 OTC securities. OTC Markets Group categorizes the wide spectrum of OTC companies into three tiers -- OTCQX (the quality-controlled marketplace for investor friendly companies), OTCQB^® (the U.S. reporting company marketplace for development stage companies), and OTC Pink^™ (the speculative trading marketplace) -- so investors can identify the level and quality of information companies provide. To learn more about how OTC Markets Group makes the unlisted markets more transparent, informed, and efficient, visit [ www.otcmarkets.com ].

ABOUT LIQTECH INTERNATIONAL, INC.
LiqTech International, Inc., a Nevada corporation ("LiqTech"), is a cleantech company that for more than a decade has developed and provided state-of-the-art technologies for gas and liquid purification using ceramic silicon carbide filters, particularly, highly specialized filters for the control of soot exhaust particles from diesel engines and for liquid filtration. It also manufactures kiln furniture. Using nanotechnology, LiqTech develops products using proprietary silicon carbide technology. LiqTech's products are based on unique silicon carbide membranes which facilitate new applications and improve existing technologies. For more information, please visit [ www.liqtech.com ].

Forward-Looking Statements
This press release contains "forward-looking statements." Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by us in our reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.