Verity Corp Enters Into Agreements With Viridiun for Organic Feed and Soil Supplements
02 July 2014 - 5:03AM
Marketwired
Verity Corp Enters Into Agreements With Viridiun for Organic Feed
and Soil Supplements
Company to Lease/Purchase Mill; Signs Purchase Agreement for
Organic Recycling for Livestock Producers and Farmers
SIOUX FALLS, SD--(Marketwired - Jul 1, 2014) - Verity Corp
(OTCQB: VRTY) (BERLIN: A2Q) (http://www.veritycorp.com), an
agricultural services company offering food producers innovative
products and services which improve soil and crop health through
the use of environmentally-friendly crop inputs including
proprietary soil media, essential trace elements and non-GMO seeds
announced today the signing of a lease agreement and purchase
agreement with Viridiun, Inc., a leading provider of food recycling
services.
Viridiun has provided organic, source-separated, recycling
services for grocers since 2010. An estimated 100 billion pounds of
food is wasted each year in the U.S., creating a serious
operational and sustainability issue for grocers and
restaurants. The Viridiun organics recycling program includes
the collection, processing, and re-use of organic food by
converting discarded organics into products for farmers and
livestock producers.
The Viridiun product, coupled with Verity's probiotic formula,
converts discarded organics into sustainable products that deliver
amazing results:
- Higher yields
- Improved soil structure
- Improved nutrient availability for lower fertilizer
requirements
- Lower disease pressure
- Lower requirements for pesticides
- Improved product quality
- Improved animal feed performance
Innovative Technology Working in Tandem with Verity Proprietary
Solutions Adds Value
Verity Corp is lease/purchasing an organic recycling mill from
Viridiun and installing the mill in Pelham, Georgia located in an
agrarian region of that state. The recycling mill feeds fruits and
vegetables through a proprietary conditioner that converts the
organic material into homogenous material that can be used as a
feed supplement for livestock (Readi-Blend).
A secondary product from this innovative process is a liquid
(Readi-Gro) which can be fed to livestock and also used as a soil
amendment for farms. Readi-Gro is an Organic Material Review
Institute (OMRI) registered material.
Another product, Readi-Soil, is produced by recycling fruits and
vegetables that businesses discard and feeding the results to
earthworms which are essential in breaking down organic matter and
keeping the soil aerated. With Readi-Gro there is no need to add
chemical fertilizers because the natural process of worm casting
creates the most nutrient-rich soil. Working in concert with
Verity's proprietary biological media, Readi-Gro provides a slow
release of long lasting nutrients that improve the condition of the
soil.
Phil Green, Vice President of Sales for Verity Corp, said, "I am
excited to bring the synergy of the two companies to the
marketplace. Our work with the Viridiun team in the field over the
last 2 years has helped to define feed efficiency in our feed
programs, as well as to enhance Verity's 'Soil to Plate 'concept.
In addition, Viridiun and Verity Corp. have agreed to share all
research going forward."
Ongoing Field Testing at University of Georgia
Verity is in its second year of university testing at the
University of Georgia forage trials. Concurrently, the company
is conducting cotton and peanut trials with the University of
Georgia Agricultural Research.
Richard Kalmovathin, CEO of Verity Corp., said, "As a
hyper-growth company developing and servicing the Non-GMO farmer,
Verity Corp is fortunate to share this opportunity with Viridiun.
The awareness and demand for creative solutions that pioneer the
sustainable Non-GMO market is rapidly growing and we believe that
relationships such as the Verity-Viridiun strategic alliance give
us a unique position in the market space. By forming this
strategic relationship with the experienced Viridiun team we are
bringing to market innovative, sustainable choices for the Non-GMO
farming community."
Kalmovathin concluded, "Verity has a strong commitment towards
minimizing the environmental impact in non-GMO farming practices by
adding the innovation of processing recycled organic matter to the
various Verity programs. Our goal in this final fiscal quarter is
to maximize sales revenue and generate earnings for our
shareholders."
Verity's ultimate mission is to enable farmers to minimize
dependency on chemicals such as fertilizers, herbicides and
pesticides resulting in the efficient production of healthy
sustainable food. The company entered the Aquaculture marketplace
with its recently introduced Pronounce Pond Pucks, an innovative
and natural pond maintenance product for fish farmers.
Investor Database for Future Press Releases and Industry
Updates
Interested investors and shareholders are invited to be added to
the corporate e-mail database for corporate press releases and
periodic industry updates by sending an e-mail with "VRTY" in the
subject line to investorrelations@veritycorp.com
About Verity Corp
Verity Corp (VRTY) is a sustainable agriculture/non-GMO company
offering food producers -- both crop and livestock producers -- a
comprehensive program of products and services focused on crop and
soil health through the use of environmentally friendly crop
inputs. Verity's mission is to enable food producers to minimize
dependency on chemicals such as fertilizers, herbicides and
pesticides resulting in the efficient production of healthy
sustainable food. The company's growing customer base include:
- Farmers transitioning to non-GMO food production
- Dairy farmers interested in improving the health of their
livestock with revitalized water and non-GMO feedstock
- Fish farmers wanting to improve the water quality of their fish
ponds without chemicals
- Professional turf groundskeepers (parks, golf courses,
sports fields etc.) and homeowners wanting to reduce their
chemical footprint and,
- Farmers motivated to adopt sustainable solutions for
improving soil health and improving yields
For more information, please visit www.veritycorp.com
Safe Harbor: Statements contained in this news release, other
than those identifying historical facts, constitute
"forward-looking statements" within the meaning of Section 21E of
the Securities Exchange Act of 1934 and the Safe Harbor provisions
as contained in the Private Securities Litigation Reform Act of
1995. Such forward-looking statements relating to the Company's
future expectations, including but not limited to revenues and
earnings, technology efficacy, strategies and plans, are subject to
safe harbors protection. Actual Company results and performance may
be materially different from any future results, performance,
strategies, plans, or achievements that may be expressed or implied
by any such forward-looking statements. The Company disclaims any
obligation to update or revise any forward-looking statements.
Contact: Verity Corp Investor Relations
InvestorRelations@veritycorp.com (605)-543-5984