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8-K - BION ENVIRONMENTAL TECHNOLOGIES 3-1-2011 8-K - BION ENVIRONMENTAL TECHNOLOGIES INCbion8k.txt
EX-10 - EXHIBIT 10.1 - BION ENVIRONMENTAL TECHNOLOGIES INCex101.txt
EX-10 - EXHIBIT 10.2 - BION ENVIRONMENTAL TECHNOLOGIES INCex102.txt
EX-10 - EXHIBIT 10.3 - BION ENVIRONMENTAL TECHNOLOGIES INCex103.txt

EXHIBIT 99.1

                     BION ENVIRONMENTAL TECHNOLOGIES, INC.

Bion Gives Kreider Farm Project Update

March 15, 2011.  New York, New York.  Bion Environmental Technologies, Inc.
(OTC BB and OTCQB: BNET) announced today that construction of its initial
Kreider Farm Project has proceeded on schedule and will be largely completed
by the end of the month.  The project is now transitioning into the equipment
testing/shakedown stage.

Bion's technical personnel and engineers are now working with Primus
Engineering, the Project's General Contractor, to establish operational
protocols and ensure a smooth transition to full operations.  Based on the
early startup of the bioreactor in January, Bion estimates it will take only
an additional 90 days to fully stabilize the system biology to reach initial
system startup efficiencies.  At that time, monitoring and testing to verify
the nitrogen and phosphorus credits (already certified under Pennsylvania's
nutrient credit trading program) will commence.  Bion anticipates that over
the next year the system performance will continue to improve beyond its
initial startup efficiencies.

Construction photos taken at Kreider have been posted periodically and can be
viewed on the Bion PA website at www.bionpa.com/photos.

             ______________________________________________________

About Bion: Bion Environmental Technologies has provided environmental
treatment solutions to the agriculture and livestock industry since 1990.
Bion's patented next-generation technology provides a unique comprehensive
treatment of livestock waste that achieves substantial reductions in nitrogen
and phosphorus, ammonia, greenhouse and other gases, as well as pathogens,
hormones, herbicides and pesticides. Bion's process simultaneously recovers
cellulosic biomass from the waste stream to produce renewable energy.

Bion's technology enables development of large scale livestock facilities in
strategic locations that provide greater efficiencies and dramatically
reduced transportation costs but were previously impracticable due to their
environmental impact.  These environmentally-responsible, large scale
facilities can be integrated with existing or new food processing and
renewable energy production operations to substantially reduce risk and
improve the economics of all partners.  For more information, see Bion's
websites: www.biontech.com and www.bionpa.com.

This material includes forward-looking statements based on management's
current reasonable business expectations. In this document, the word
'expect', 'will', 'proposed' 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                               Craig Scott
President                                   Vice President-Capital Markets/IR
719-256-5329                                303-843-6191 direc