TEL AVIV, Israel — Save Foods (Nasdaq: SVFD) (“Save Foods” or the “Company”), an Israeli-based agrifood tech company focused on developing and selling eco-friendly products specifically designed to extend the shelf life and ensure the safety of fresh fruits and vegetables, today announced the completion of a series of successful trials in conjunction with a leading California academic institution.
As part of the Company’s efforts to validate the efficacy of its products, Save Foods is collaborating with several plant pathologists and researcher labs. Recently, the efficacy and impact of Save Foods’ treatments as a pre-harvest application was validated by a world renowned academic institution in California. The study’s results demonstrate pre-harvest applications of Save Foods’ treatments are effective in mitigating the presence of decay-causing pathogens on the surface of citrus fruits.
Dan Sztybel, CEO of Save Foods Ltd., the Company’s Israeli subsidiary, commented, “Pre-harvest applications are a natural extension of our existing business model, which until now has focused mostly on post-harvest treatments. Save Foods’ post-harvest treatments are effective at maximizing the shelf life and safety of fresh produce, and the recent California studies indicate that growers and packers can benefit further from a pre-harvest application. Any extension of shelf life provides all stakeholders – growers, packers, retailers and consumers – better access to higher quality fruits and vegetables across the supply chain.”
Dr. Art Dawson, Company’s U.S. Business Manager added, “To really ensure the best quality of the fruit and minimize decay along the food chain, treatment should start in the field and continue into the post-harvest stage.”
“The findings in these initial tests indicate that the pre-harvest applications of Save Foods’ holistic treatments successfully control the pathogens that can cause disease and lead to waste. This corroborates our internal analysis of the Company’s products and suggests that Save Foods can offer growers and packers a complete, practical and environmentally friendly solution to control and reduce foodborne and plant pathogens, helping to ensure they are delivering a safe product across the supply chain, minimizing waste and loss,” Dawson concluded.
About Save Foods
Save Foods is an innovative, dynamic company addressing two of the most significant challenges in the agrifood tech industry: food loss and food safety. Save Foods is dedicated to delivering integrated solutions for improved safety, freshness and quality, every step of the way from field to fork. Collaborating closely with its customers, the company develops new solutions that benefit the entire supply chain and improve the safety and quality of life of both the workers and the consumers alike. Save Food’s initial applications are in post-harvest treatments in fruit and vegetable packing houses processing, including, citrus, avocado, pears, apples and mangos.
By controlling and preventing pathogen contamination and significantly reducing the use of hazardous chemicals and their residues, Save Foods products not only prolong fresh produce shelf life and reduce food loss and waste, but also help to ensure a safe, natural, and healthy product.
For more information visit our website at https://savefoods.co/
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. For example, Save Foods is using forward-looking statements in this press release when it discusses further pursuit of the citrus farming market, validating the efficacy of its products, collaborating with plant pathologists and researcher labs, and the potential of its product in pre-harvest settings. Because such statements deal with future events and are based on 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 and the satisfaction of all conditions to, and the closing of, the offering, as well as those discussed under the heading “Risk Factors” in Save Foods’ annual report on Form 10-K filed with the SEC on March 29, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, Save Foods undertakes 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. Save Foods is not responsible for the contents of third-party websites.
