AgriFORCE Invests in Radical Clean Solutions’ Innovative Food Safety Technology
04 Ottobre 2023 - 2:30PM
AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI;
AGRIW), an intellectual property (IP)-focused AgTech company, today
announced it has purchased a 14% stake in Radical Clean Solutions
(“RCS”). RCS, under the leadership of Roger Slotkin, has developed
and is commercializing a suite of proprietary and patent-pending
chemical-free Hydroxyl devices that are proven to eliminate
pathogens, mold, mildew and VOCs in food production facilities,
indoor farms and medical, commercial and home environments.
Hydroxyl technology produces hydroxyl radicals that break down
and oxidize pollutants at a molecular level. The hydroxyl radicals
then quickly revert back to oxygen and hydrogen, leaving no toxic
residues. RCS technologies are powered and integrated using RCS’
proprietary IOT platform that provides real-time data and analytics
on device performance, utilization, and compliance.
Mauro Pennella, President AgriFORCE Brands stated, "Investing in
RCS builds on our previously acquired worldwide rights to
exclusively commercialize RCS’ suite of Hydroxyl devices,
management systems and processes in controlled environment
agriculture (“CEA”) and food manufacturing, warehousing and
distribution facilities, as well as a co-ownership of the pending
patent for CEA. We believe that RCS’ chemical-free technologies
could become a critical component for helping reduce food spoilage,
ensuring maximum food safety, employee health and operational
efficiency for any facility at which they are deployed. RCS’
technologies are proven to eliminate foodborne pathogens like
Salmonella, E. coli, and Listeria, as well as airborne and surface
viruses like Norovirus, common colds and the Flu (2) (3). I am
especially pleased to report that our first shipments have already
been delivered to our Mexico distributor, DESICO.”
Roger M. Slotkin, CEO of Radical Clean Solutions, added: “We at
RCS are proud to strengthen our relationship with AgriFORCE, which
is already our exclusive, worldwide licensee for the marketing,
sale and distribution of our products to the CEA and food
production/manufacturing industries. Unlike virtually all “air
cleaning technologies” on the market today, the Radical solution
does not simply filter or treat the air that passes through it. Our
hydroxyl technology is dispersed throughout the environment in
which it operates, thereby sanitizing all surfaces, materials,
equipment and the very air itself. It does so through a natural,
chemical-free process that is 100% harmless to people, pets and
plants.”
(1) USDA,
Economic Research Service (ERS) using data from ERS Cost of
Foodborne Illness Data Product, U.S> Bureau of Economic
Analysis, and U.S. Department of Labor, Bureau of Labor
Statistics.
(2) Alshannaq
A, Yu JH. Occurrence, toxicity, and analysis of major mycotoxins in
food. International Journal of Environmental Research and Public
Health. 2017;14(6):632. DOI: 10.3390/ijerph14060632
(3) BCI
Labs, GainesVille Florida, Microbial reduction efficacy using
laboratory disinfection testing protocol by ISO 17025:2017
accredited lab. Methodology based on ASTM E2315.
About Radical Clean Solutions
Ltd
Radical Clean Solutions has developed an advanced and
patent-pending product line consisting of “smart hydroxyl
generation systems” focused on numerous industry verticals and that
is proven to eliminate 99.99+% of all pathogens, virus, mold,
volatile organic compounds (VOCs) and allergy triggers.
Applications for the system range from home, office, medical and
senior care facilities to restaurants, transportation and more.
Radical’s goal is to create a safe and healthy world, especially in
light of the recent COVID pandemic.
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.
Investor Relations:Crescendo Communications,
LLCDavid Waldman/Alexandra SchiltTel: (212)
671-1021Email: AGRI@crescendo-ir.com
Grafico Azioni AgriFORCE Growing Systems (NASDAQ:AGRIW)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni AgriFORCE Growing Systems (NASDAQ:AGRIW)
Storico
Da Gen 2024 a Gen 2025