AgriFORCE Granted Further Patent from the USPTO Related to its FORCEGH+ Facilities
16 Febbraio 2024 - 11:00PM
AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI;
AGRIW), an intellectual property (IP) focused AgTech company, today
announced that on February 13, 2024, the USPTO granted Patent No.
11,895,958 entitled "STRUCTURES FOR GROWING PLANTS (TO GENERATE
MICRO-ENVIRONMENT CONDITIONS)" to the Company.
This continuation patent covers the innovative
FORCEGH+ facility design, including its ability to integrate with
different automated systems. This patent expands on the Company’s
previously announced patent related to its FORCEGH+ facilities.
FORCEGH+ is the Company’s proprietary grow facility design, a
sustainable methodology and environment, including in extreme macro
climates, for growing optimized crops through Good Manufacturing
Practices (GMP) equivalent pharma-grade standards. FORCEGH+
facilities are designed as advanced AgTech, high efficiency
building envelopes developed through proprietary engineering and
materials. FORCEGH+ advantages include facility designs that
harness solar power; advanced hydroponics providing precise and
consistent high yield crop growth cycles; and the ability to be
deployed in a variety of ecosystems. The Company has developed
FORCEGH+ with the intent to optimize crop yields to as near
maximize genetic potential, while eliminating the need for
pesticides, fungicides, and herbicides, thereby providing customers
with the next-generation of controlled-environment agriculture.
“We see the benefits of adding another key U.S.
patent around our FORCEGH+ technology, which significantly expands
the scope of coverage and extends the timeline around our IP,”
commented Richard Wong, Chief Financial Officer of AgriFORCE.
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:
Mauro Pennella, President Brands and CGO,
mpennella@agriforcegs.com
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