AgriFORCE Growing Systems Announces Commercial Launch and First Purchase Order for its AgriFORCE-RCS Hydroxyl Device
18 Settembre 2023 - 2:30PM
AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI;
AGRIW), an intellectual property (IP)-focused agtech company, today
announced the commercial launch and first purchase order for its
AgriFORCE-RCS Hydroxyl device with Commercializadora DESICO
(“DESICO”), a leading distributor of AC, heating and air
ventilation systems. The AgriFORCE RCS-Hydroxyl device, developed
by Radical Clean Solutions Ltd (RCS), is a chemical-free technology
proven to eliminate pathogens, mold, mildew, and volatile organic
compounds (VOCs) in food production facilities and indoor farms.
AgriFORCE Interim CEO, Richard Wong commented, “This first
purchase order marks a major milestone in the commercial rollout of
the AgriFORCE-RCS Hydroxyl devices. We have conducted extensive
analysis and worked closely with Radical Clean Solutions Ltd.
(RCS), the inventor and developer of the technology, to customize
the technology for the specific needs of customers in the
controlled environment agriculture (CEA) and food manufacturing
industries. The patent-pending system seeks out and destroys both
airborne and surface-based mold, bacteria, virus, and VOCs, as well
as other pathogens and pollutants in real-time. By reducing mold
and VOCs, we expect to have a dramatic impact on the bottom line of
our customers through reducing food spoilage. In fact, according to
Food and Agricultural Organization (FAO), it is estimated that
mycotoxin (mold) affects nearly 25% of the world’s crops. We
believe this is just the first of many orders with DESICO and in
the Mexico market with vast acres of greenhouses as potential
clients, and a large food manufacturing industry. We currently have
units in testing within greenhouses in the United States and expect
test results soon. We also look forward to expanding into new
markets around the world.”
ABOUT AGRIFORCE
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) is an
AgTech company focused on building an integrated AgTech platform
that combines the best technology, intellectual property, and
knowledge to solve an urgent problem – providing the best solutions
to help drive sustainable crops and nutritious food for people
around the world. The AgriFORCE vision is to be a global leader in
delivering plant-based foods and products through an advanced and
sustainable AgTech platform that makes positive change in the
world—from seed to table. Additional information about AgriFORCE is
available at: www.agriforcegs.com.
Follow AgriFORCE on Twitter: @agriforcegsFollow AgriFORCE
on Facebook: AgriFORCE Growing Systems Ltd.Connect with
AgriFORCE on LinkedIn: AgriFORCE Growing Systems Ltd.
This press release contains forward-looking statements within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Statements other than
statements of historical facts included in this press release may
constitute forward-looking statements and are not guarantees of
future performance, condition or results and involve a number of
risks and uncertainties. Actual results may differ materially from
those in the forward-looking statements as a result of a number of
factors, including those described from time to time in our filings
with the Securities and Exchange Commission and elsewhere. The
Company undertakes no duty to update any forward-looking statement
made herein. All forward-looking statements speak only as of the
date of this press release. This announcement is for informational
purposes only and does not constitute an offer to sell or a
solicitation of an offer to buy securities of the issuer. Any offer
to sell or solicitation of an offer to buy securities of the issuer
may only be made pursuant to a valid prospectus pursuant to an
effective registration statement or pursuant to a valid exemption
from registration under the Securities Act of 1933, as amended and
the rules and regulations promulgated thereunder.
Company Contact:Ian PedersenTel: (604)
757-0952Email: ipedersen@agriforcegs.com
Investor Relations:Crescendo Communications,
LLCDavid Waldman/Alexandra SchiltTel: (212)
671-1021Email: AGRI@crescendo-ir.com
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