AgriFORCE Granted Patent from the United States Patent and Trademark Office Related to its FORCEGH+ Facility
24 February 2023 - 01:00AM
GlobeNewswire Inc.
AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ:
AGRI; AGRIW), an intellectual property (IP)-focused agtech
company dedicated to advancing sustainable cultivation practices
and food and plant products, today announced it was granted a
patent from the United States Patent and Trademark Officer (USPTO)
titled “Structures for Growing Plants,” relating to its FORCEGH+
facilities.
This granted patent is among a group of applications the Company
has submitted related to its FORCEGH+ facilities for controlled
environment agriculture. Specifically, this granted patent has 19
claims relating to the unique features and design of its structures
for growing plants including transmissive panels that maximize the
full light spectrum, enhanced insulation for maximizing energy
efficiency, and innovative formation of structure support
materials.
“This granted patent marks another milestone for AgriFORCE and
further strengthens our patent portfolio in key markets,” commented
Ingo Mueller, Chief Executive Officer of AgriFORCE. “We believe our
unique designs and technologies, deployable in virtually any
climate or geography, have the potential to set a new industry
standard for higher quality and higher yield crops and anticipate
additional patents to be granted related to our FORCEGH+
facilities.”
About FORCEGH+ (previously, the AgriFORCE
GrowHouse)FORCEGH+, the Company’s proprietary grow
facility design, is 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
revolutionary facility designs that harness the power of the sun;
advanced hydroponics providing precise and consistent high yield
crop growth cycles; and the ability to be deployed virtually
anywhere. The Company has developed FORCEGH+ to optimize crop
yields to as near their full genetic potential as possible, while
eliminating the need for pesticides, fungicides, and herbicides,
thereby providing customers with the next-generation of
controlled-environment agriculture.
About AgriFORCEAgriFORCE 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
Media Relations:PeppercommHannah RobbinsTel:
(415) 633-3205Email: AgriFORCE@peppercomm.com
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