Zero Gravity Solutions, Inc. (ZGSI or “the Company”) (Pink Sheets: ZGSI) and the International Institute of Tropical Agriculture (IITA), a world leading research organization whose mission is to facilitate solutions to overcome hunger and poverty in Africa and the tropics, while preserving the natural resources integrity, jointly announce the signing of a Memorandum of Understanding (MOU) between IITA and ZGSI’s wholly owned, UK-based subsidiary, Zero Gravity Solutions Ltd (ZGSL). The objective of the MOU is to implement specific research projects to increase agricultural production, food security, and sustainable agricultural intensification with a special emphasis on Sub-Saharan Africa.
This research partnership will utilize ZGSI’s proprietary BAM-FX™ technology , an ionic, micronutrient and mineral delivery system for plants, which was originally developed for NASA’s human spaceflight program and is now being applied to agriculture here on Earth. Field trials with end user growers in multiple US States on a variety of crops continue to be undertaken on an ongoing basis. Preliminary results from these trials indicated that BAM-FX has a beneficial effect on crop yield, including more robust rooting, greater biomass, higher chlorophyll reactivity and increased sugar content. BAM-FX is able to systemically deliver minerals such as zinc and copper and other micronutrients into the cells of plants without Genetic Modification.
“Our partnership with IITA, a member of the CGIAR consortium supported by the Bill & Melinda Gates Foundation , The World Bank , US Agency for International Development, (USAID ) and numerous countries throughout the world provides an opportunity for BAM-FX to play a significant role in addressing the issue of ‘ Hidden Hunger ’,” stated Harvey Kaye, Chairman of ZGSI. “The need to bio-fortify the world’s food crops in the face of massive population growth, global climate change and the depletion of nutrients in soil is of paramount concern for the future of humanity.”
Hugh Chambers, Managing Director of ZGSL, stated: “Food security in our world of changing climate with a growing population is a very serious challenge. I am delighted we are working with IITA; together I believe we can develop a rapid response using BAM-FX and meet the challenge head-on.”
Hilde Koper-Limbourg, Head of the Project Administration Office at IITA, stated, “The collaboration with Zero Gravity Solutions is in line with IITA’s commitment to science-driven improvements in agriculture. BAM-FX could provide a valuable tool to help us accomplish our goals of raising 11 million Africans out of poverty and redirecting 7.5 million hectares of agricultural land to productive and sustainable use.”
About Zero Gravity Solutions, Inc.
Zero Gravity Solutions, Inc. is an agricultural biotechnology public company commercializing its technology derived from and designed for Space with significant applications on Earth. These technologies are focused on revolutionizing world agriculture by providing valuable solutions to major challenges facing humanity, including threats to world agriculture and the ability to feed the growing population. ZGSI’s two primary categories of technologies aimed at sustainable agriculture are: 1) BAM-FX™, an organic, cost effective, ionic nutrient delivery system for plants designed to provide a way to achieve nutrient-rich, more robust, more productive crops while reducing chemical use, waterway contamination and irrigation and 2) Directed Selection™, utilized in the development and production, in the prolonged zero/micro gravity environment of the International Space Station, large volumes of Non-GMO, novel stem cells with unique and beneficial characteristics, which can be patented for commercial sale to third parties in the agricultural and human regenerative medical markets. ZGSI is headquartered in the United States with additional offices in the United Kingdom. Information on the Company can be viewed on www.zerogsi.com .
About International Institute of Tropical Agriculture
International Institute of Tropical Agriculture is one of the world's leading research partners in finding solutions for hunger, malnutrition, and poverty. Its award-winning research for development (R4D) addresses the development needs of tropical countries. We work with partners to enhance crop quality and productivity, reduce producer and consumer risks, and generate wealth from agriculture. IITA is a nonprofit organization founded in 1967, governed by a Board of Trustees, and supported by several countries. IITA is a member of Consultative Group on International Agricultural Research (CGIAR), a global partnership that unites organizations engaged in research for a food secure future. CGIAR research is dedicated to reducing rural poverty, increasing food security, improving human health and nutrition, and ensuring more sustainable management of natural resources.
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, acceptance of the Company’s products, increased levels of competition for the Company, new products and technological changes, the Company’s dependence on third-party suppliers, and other risks detailed from time to time in the Company’s periodic reports filed with the Securities and Exchange Commission.
