AgroFresh Broadens Its Industry-Leading SmartFresh™ Quality System by Introducing a Foggable Fungicide Platform, ActiMistTM
- $AGFS #earnings--AgroFresh Solutions, Inc. (NASDAQ: AGFS), a global leader in produce
freshness solutions, today announced the launch of ActiMist, a foggable
fungicide delivery system, strengthening its’ industry-leading
SmartFresh Quality System. Fludioxnil, marketed as ActiMistFDL will be
the first in a family of foggable fungicides added to the existing
service platform of SmartFresh™ 1-MCP, HarvistaTM for
pre-harvest application, and the state-of-the-art AdvanStoreTM
monitoring technology, combining to provide our customers with a
comprehensive, unsurpassed food preservation solution.
“ActiMist represents a real industry breakthrough,” said Jordi Ferre, Chief Executive Officer of AgroFresh. “AgroFresh has developed a novel delivery system that is changing how fungicides are applied. By developing fogging technology that puts our equipment right into our customers’ storage room, we simplify logistics, improve fogging performance, and facilitate the simultaneous application of both fungicide and SmartFresh™. This saves our customers time and money compared to common fungicide application processes currently in use. ActiMistFDL is available as we head into the North American apple harvest season, significantly strengthening the value of our SmartFresh™ Quality System. ActiMist is the latest example of how AgroFresh is empowering the food industry with a range of integrated solutions designed to help growers, packers and retailers improve produce freshness and quality for the good of our industry, consumers and planet.”
About AgroFresh
AgroFresh Solutions, Inc. (NASDAQ: AGFS) is a global industry leader in providing innovative data-driven specialty solutions aimed at enabling growers and packers of fresh produce to preserve and enhance the freshness, quality and value of fresh produce and to maximize the percentage of produce supplied to the market relative to the amount of produce grown. Its flagship product is the SmartFresh™ Quality System, a freshness protection technology proven to maintain firmness, texture and appearance of fruits during storage and transport. SmartFresh is currently commercialized in over 40 countries worldwide. Additionally the company has a number of different solutions and application technologies that have either been launched (Harvista, RipeLock, LandSpring) or will be launched in the future that will extend its footprint to other crops and steps of the global produce supply chain. For more information, please visit www.agrofresh.com.
Forward-Looking Statements
In addition to historical information, this release may contain “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this release that address activities, events or developments that the Company expects or anticipates will or may occur in the future are forward-looking statements and are identified with, but not limited to, words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions (or the negative versions of such words or expressions). Forward-looking statements include, without limitation, the Company’s possible or assumed future results of operations, including all statements regarding anticipated future growth, adoption of the Company’s products, business strategies, competitive position, industry environment, potential growth opportunities and the effects of regulation. These statements are based on management’s current expectations and beliefs, as well as a number of assumptions concerning future events. Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s management’s control that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks include, without limitation, the risk of increased competition; the ability of the business to grow and manage growth profitably; changes in applicable laws or regulations, and the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors. Additional risks and uncertainties are identified and discussed in the Company’s filings with the SEC, which are available at the SEC’s website at www.sec.gov. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
ContactsAgroFresh Solutions, Inc.
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Investor Relations
Katherine Harper
[email protected]
Responds to market trend towards thermofogging as means of fungicide
delivery
PHILADELPHIA–(BUSINESS WIRE)–$AGFS #earnings–AgroFresh Solutions, Inc. (NASDAQ: AGFS), a global leader in produce
freshness solutions, today announced the launch of ActiMist, a foggable
fungicide delivery system, strengthening its’ industry-leading
SmartFresh Quality System. Fludioxnil, marketed as ActiMistFDL will be
the first in a family of foggable fungicides added to the existing
service platform of SmartFresh™ 1-MCP, HarvistaTM for
pre-harvest application, and the state-of-the-art AdvanStoreTM
monitoring technology, combining to provide our customers with a
comprehensive, unsurpassed food preservation solution.
“ActiMist represents a real industry breakthrough,” said Jordi Ferre,
Chief Executive Officer of AgroFresh. “AgroFresh has developed a novel
delivery system that is changing how fungicides are applied. By
developing fogging technology that puts our equipment right into our
customers’ storage room, we simplify logistics, improve fogging
performance, and facilitate the simultaneous application of both
fungicide and SmartFresh™. This saves our customers time and money
compared to common fungicide application processes currently in use.
ActiMistFDL is available as we head into the North American apple
harvest season, significantly strengthening the value of our SmartFresh™
Quality System. ActiMist is the latest example of how AgroFresh is
empowering the food industry with a range of integrated solutions
designed to help growers, packers and retailers improve produce
freshness and quality for the good of our industry, consumers and
planet.”
About AgroFresh
AgroFresh Solutions, Inc. (NASDAQ: AGFS) is a global industry leader in
providing innovative data-driven specialty solutions aimed at enabling
growers and packers of fresh produce to preserve and enhance the
freshness, quality and value of fresh produce and to maximize the
percentage of produce supplied to the market relative to the amount of
produce grown. Its flagship product is the SmartFresh™ Quality System, a
freshness protection technology proven to maintain firmness, texture and
appearance of fruits during storage and transport. SmartFresh is
currently commercialized in over 40 countries worldwide. Additionally
the company has a number of different solutions and application
technologies that have either been launched (Harvista, RipeLock,
LandSpring) or will be launched in the future that will extend its
footprint to other crops and steps of the global produce supply chain.
For more information, please visit www.agrofresh.com.
Forward-Looking Statements
In addition to historical information, this release may contain
“forward-looking statements” within the meaning of the “safe harbor”
provisions of the United States Private Securities Litigation Reform Act
of 1995. All statements, other than statements of historical facts,
included in this release that address activities, events or developments
that the Company expects or anticipates will or may occur in the future
are forward-looking statements and are identified with, but not limited
to, words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”,
“outlook”, and “project” and other similar expressions (or the negative
versions of such words or expressions). Forward-looking statements
include, without limitation, the Company’s possible or assumed future
results of operations, including all statements regarding anticipated
future growth, adoption of the Company’s products, business strategies,
competitive position, industry environment, potential growth
opportunities and the effects of regulation. These statements are based
on management’s current expectations and beliefs, as well as a number of
assumptions concerning future events. Such forward-looking statements
are subject to known and unknown risks, uncertainties, assumptions and
other important factors, many of which are outside the Company’s
management’s control that could cause actual results to differ
materially from the results discussed in the forward-looking statements.
These risks include, without limitation, the risk of increased
competition; the ability of the business to grow and manage growth
profitably; changes in applicable laws or regulations, and the
possibility that the Company may be adversely affected by other
economic, business, and/or competitive factors. Additional risks and
uncertainties are identified and discussed in the Company’s filings with
the SEC, which are available at the SEC’s website at www.sec.gov.
The Company undertakes no obligation to publicly update any
forward-looking statement, whether written or oral, that may be made
from time to time, whether as a result of new information, future
developments or otherwise.
Contacts
AgroFresh Solutions, Inc.
Investor Relations
Katherine
Harper
[email protected]
