AGFS AgroFresh Solutions

AgroFresh’s Innovative LandSpring™ Technology Receives EPA Approval for Expanded Crops

AgroFresh Solutions, Inc. (NASDAQ: AGFS), a global leader in produce freshness solutions, continues to lead the industry with LandSpring, securing EPA approval for its use on 12 additional crops beyond tomatoes and peppers. The innovative pre-transplant technology can now be used on the following seedling crops: broccoli, brussels sprouts, cabbage, cantaloupe, cauliflower, cucumber, eggplant, gherkin, muskmelon, bell pepper, non-bell pepper, summer squash, tomato and watermelon.

LandSpring maintains seedling quality through the transplanting process and minimizes the impact of plant stress both during transport and in the field. Application to seedlings 1-3 days prior to transplanting mitigates the negative effects of plant stresses such as heat, cold, drought, excess water, salinity, fertility, disease, insect damage and physical damage. Plants are then able to establish more quickly in the field and maintain better health early in the growing season, which maximizes yield potential for growers.

“The results experienced during research trials and by our current tomato customers are proving LandSpring to be highly effective,” said Tim Malefyt, Global Brand Manager. “We are excited to be able to offer the protection that LandSpring provides to these additional crops to help mitigate the widespread issue of transplant shock, reduce seedling mortality and maximize yield potential. LandSpring is just one example of AgroFresh’s continued commitment to the development of innovative technologies in this area for growers, packers, and processors.”

EPA approval of these expanded crops more than doubles the acreage on which LandSpring can be used and now covers most transplanted seedling crops. LandSpring is currently registered for use in the U.S., with the exception of California. California registration has been filed and is expected in 2018/19. In addition, AgroFresh will be establishing global distribution over the next 2 years as registrations are approved for priority markets.

For more information, visit LandSpring.info or contact Mark Hooper at [email protected].

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.

EN
08/06/2017

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