AGRI AGRIFORCE GROWING SYS LTD

AgriFORCE Granted Patent from the United States Patent and Trademark Office Related to its FORCEGH+ Facility

AgriFORCE Granted Patent from the United States Patent and Trademark Office Related to its FORCEGH+ Facility

VANCOUVER, British Columbia, Feb. 23, 2023 (GLOBE NEWSWIRE) -- 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 AgriFORCE

AgriFORCE 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: .



Follow AgriFORCE on Twitter:

Follow AgriFORCE on Facebook:

Connect with AgriFORCE on LinkedIn:

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 Pedersen

Tel: (604) 757-0952

Email:   

Investor Relations:

Crescendo Communications, LLC

David Waldman/Alexandra Schilt

Tel: (212) 671-1021

Email:

Media Relations:

Peppercomm

Hannah Robbins

Tel: (415) 633-3205

Email:



EN
23/02/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on AGRIFORCE GROWING SYS LTD

 PRESS RELEASE

AgriFORCE Expands Acquisition Strategy with Focus on Sustainability an...

AgriFORCE Expands Acquisition Strategy with Focus on Sustainability and Digital Innovation Letter of Intent signed to acquire 5MW Bitcoin mining facility in Madison Township, Ohio VANCOUVER, British Columbia, Dec. 10, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI), a technology-driven company committed to sustainable innovation, has signed a Letter of Intent (LOI) to acquire a Bitcoin mining facility in Madison Township, Ohio. The facility is powered by sustainable energy, advancing AgriFORCE’s mission to integrate innovative technologies that promote environment...

 PRESS RELEASE

AgriFORCE Growing Systems Combines Bitcoin Mining and Agriculture to D...

AgriFORCE Growing Systems Combines Bitcoin Mining and Agriculture to Drive Sustainable Solutions Innovative Use of Heat and Carbon Capture to Foster Agricultural Growth in Alberta VANCOUVER, British Columbia, Dec. 05, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI), an intellectual property-driven technology leader, is proud to announce the launch of sustainable agricultural operations at its newly acquired Bitcoin mining facility in Sturgeon County, Alberta, Canada. By harnessing the excess heat and carbon emissions from Bitcoin mining, AgriFORCE is pioneering a ...

 PRESS RELEASE

AgriFORCE Growing Systems Acquires Alberta Bitcoin Mining Facility, Un...

AgriFORCE Growing Systems Acquires Alberta Bitcoin Mining Facility, Unlocking Revolutionary Synergies in Technology, Agriculture, and Sustainability VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI), a leading intellectual property-driven technology company, is pleased to announce the completion of its acquisition of a bitcoin mining facility in Sturgeon County, Alberta, Canada. Acquired for $1.5 million in cash, this cutting-edge facility represents a cornerstone of AgriFORCE's integrated strategy, blending sustainable energy, ad...

 PRESS RELEASE

AgriFORCE Announces Reverse Stock Split for Nasdaq Compliance

AgriFORCE Announces Reverse Stock Split for Nasdaq Compliance VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“the Company”) (NASDAQ: AGRI), an intellectual property focused agtech company, today announced the Company’s Board of Directors has approved a reverse stock split of the Company’s issued and outstanding common shares whereby every one hundred (100) shares of its outstanding common shares will automatically be combined into one (1) common share. The reverse split was approved by the Company’s shareholders on November 25, 2024 and will...

 PRESS RELEASE

AgriFORCE Announces Evolution of Business Model to Follow Bitcoin Mini...

AgriFORCE Announces Evolution of Business Model to Follow Bitcoin Mining Facility Acquisition Strategy to reduce environmental impact while producing multiple revenue streams VANCOUVER, British Columbia, Nov. 20, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (the “Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP) focused technology company, announces the evolution of its business model to follow the closing of its recently announced bitcoin mining facility acquisition. AgriFORCE CEO Jolie Kahn commented, “As we approach a key milestone in the progression of our g...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch