IRVINE, CA--(NewMediaWire - Mar 30, 2016) - Sky440, Inc.
(OTC
PINK: SKYF) announced today that it has entered into a
joint venture agreement with Houston, Texas based Advantage
Underwriters Services, Inc. and its Grow-Tech LLP division to
manufacture and distribute state of the art customized grow
containers.
"This is a major step for Sky440, both in terms of generating
revenues and having a commercial product that further enhances our
Product Development and Medical Marijuana Development Divisions,"
stated Sky440 Chairman Robert Atwell. "This product has tremendous
domestic and international market potential, especially in urban
areas and in those places where weather and other environmental
factors make normal growing of horticultural and agricultural
products difficult, if not impossible. In addition, the results are
a significantly higher yield in a shorter time than all
conventional production methods."
These specially designed and constructed insulated shipping
containers provide a highly engineered modular and mobile vertical
production environment that have been re-engineered to provide the
optimum controlled environment for growing horticultural and
agricultural products in any environment. Designed for growing
crops all year without regard to weather, pollution and free from
pests and diseases while being completely off the grid, these 40
foot containers use proprietary systems that incorporate the latest
technology available.
"We already have interest from horticultural and agricultural
growers in California, Colorado and New York domestically, and
Australia and the Far East internationally," Atwell stated. "What
separates our product from the competition is the advanced
technology being utilized both in the framework of the containers
and in the operational systems, including the lighting, circulation
and power requirements."
Sky440 expects to release additional information in the near
future as it continues to implement its business plan and continues
the development of its Product Development and Medical Marijuana
Development Divisions.
Additional information about Sky440 can be found
at www.otcmarkets.com, on the Sky440 website
at www.sky440.com, and on Twitter at www.twitter.com/sky440inc.
About Sky440:
Sky440, Inc. (OTC
PINK: SKYF), based in Irvine, California, is a publicly
traded development stage company with two divisions: Product
Development and Medical Marijuana Development.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the
matters discussed in this press release contain forward-looking
statements that involve risks and uncertainties, including those
described in the Company's reports and filings at http://www.OTCMarkets.com.
Certain statements contained in this release that are not
historical facts constitute forward-looking statements, within the
meaning of the Private Securities Litigation Reform Act of 1995,
and are intended to be covered by the safe harbors created by that
Act. Reliance should not be placed on forward-looking statements
because they involve unknown risks, uncertainties and other
factors, which may cause actual results, performance or
achievements to differ materially from those expressed or implied.
Forward-looking statements may be identified by words such as
estimates, anticipates, projects, plans, expects, intends,
believes, should and similar expressions and by the context in
which they are used. Such statements are based upon current
expectations of the Company and speak only as of the date
made.
