N2OFF: Save Foods is Expanding in Latin America with New Purchase Order from a Peruvian Customer
17 Juin 2024 - 2:28PM
N2OFF, Inc. (NASDAQ: NITO) (FSE:80W) (“N2OFF” or the “Company”), a
pioneer agri-food tech company offering sustainable solutions for
agriculture and plant-based food, announced that its subsidiary
Save Foods Ltd. received its first purchase order from a customer
in Peru, a leading grower, packer and distributor of avocado.
Save Foods’ first order from Peru is
particularly exhilarating, given the remarkable growth of Peruvian
agricultural exports on the global stage, from a modest $645
million in 2000 to an impressive estimated $10.5 billion in
2023.
Save Foods’ eco- friendly solutions can be
applied as a near and post-harvest solution for fresh produce to
control pathogen contamination and prolong the shelf life of fresh
produce while reducing the use of hazardous chemicals.
The purchase order from the Peruvian customer,
announced previously last month, was received after the success of
Save Food’s first commercial implementation of its solution during
January 2024.
David Palach, Chief Executive Officer of N2OFF
Inc. commented: “The Latin American market represents a tremendous
opportunity for Save Foods. With many countries in the region at
the forefront of the global fresh produce market, we believe our
products hold immense potential, whether utilized post-or near
harvest”.
About N2OFF Inc:
N2OFF Inc. (formerly known as Save Foods, Inc.)
is an innovative agri-food tech company that through its three
operational arms delivers integrated solutions for improved safety,
quality, and sustainability every step of the way from field to
fork. Save Foods Ltd., N2OFF's majority-owned Israeli subsidiary,
focuses on post-harvest treatments in fruit and vegetables to
control and prevent pathogen contamination, significantly reduce
the use of hazardous chemicals, and prolong fresh produce’s shelf
life. NTWO OFF Ltd., N2OFF's majority-owned Israeli subsidiary,
contributes to tackling greenhouse gas emissions, offering a
pioneering solution to mitigate nitrous oxide (N2O) emissions, a
potent greenhouse gas with 265 times the global warming impact of
carbon dioxide. NTWO OFF Ltd., aims to promote agricultural
practices that are both environmentally friendly and economically
viable. N2OFF also has a a minority ownership in Plantify Foods,
Inc., a Canadian company listed on the TSXV that offers a wide
range of clean-label healthy food options that are nutritious,
gluten free, non-allergenic, use whole natural ingredients, and are
easy to prepare. For more information on Save Foods Ltd. and NTWO
OFF Ltd. visit our website: www.n2off.com.
Forward-looking Statements:
This press release contains forward-looking
statements within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995 and other
Federal securities laws. Words such as “expects,” “anticipates,”
“intends,” “plans,” “believes,” “seeks,” “estimates” and similar
expressions or variations of such words are intended to identify
forward-looking statements. Because such statements deal with
future events and are based on our current expectations, they are
subject to various risks and uncertainties, Actual results,
performance, or achievements could differ materially from those
described in or implied by the statements in this press release.
The forward-looking statements contained or implied in this press
release are subject to other risks and uncertainties, including
market conditions as well as those discussed under the heading
“Risk Factors” in the Company’s Annual Report on Form 10-K filed
with the SEC on February 7, 2024, and in any subsequent filings
with the SEC. Except as otherwise required by law, we undertake no
obligation to publicly release any revisions to these
forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated
events. References and links to websites have been provided as a
convenience, and the information contained on such websites is not
incorporated by reference into this press release. We are not
responsible for the contents of third-party websites.
Investor Relations Contacts:Michal
Efratymichal@efraty.com
N2OFF (NASDAQ:NITO)
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