LIGA NEWS OUT...Thursday, March 08 2018 10:22 AM, EST LIG Assets and Live Stor Create Live Stor America That Will Build Global Live Seafood Storage, Distribution and Logistics Hubs in USA GlobeNewswire "Press Releases"
NASHVILLE, TN , March 08, 2018 (GLOBE NEWSWIRE) -- LIG Assets, Inc. (LIGA) (also known as the "Leader in Green Assets" or "LIGA"
announces it has secured an agreement with Live Stor Ltd. of Sydney, Nova Scotia , Canada to createLive Stor America which will developlive seafood storage, collection and distribution hubs for the seafood industry (Live Seafood Hub). Live Stor America will be setting up a million pound live holding system operation in the Portland, Maine area and the Seattle, Washington area to support import and export of live seafood from America, Europe and Asia . LIGA's Live Stor America operation will be based on the new live holding facility technology that is currently under construction at the first facility (Live Stor Sydney), which is located at 440 Keltic Drive in Sydney River, Nova Scotia , Canada.This is only the beginningof this mutually beneficial relationship with Live Stor & Live Ship, as LIG Assets Chairman, Aric Simons , stated last year, "LIGA is very fortunate to partner with LIVE SHIP, a company that is certain to disrupt the seafood delivery industry and shares our corporate values."
Live Stor is excited to work with LIGA to develop live holding facilities in the USA which will be built using steel framing and magnesium oxide panels to create internal live holding spaces which can be expanded or reduced depending on live seafood seasonal holding requirements. This ability to expand and contract live holding space works perfectly with the BioNovations designed Traystor holding system. Each live seafood product held requires a specific holding temperature to keep the seafood product in a sustainablelong-term holding state. LIG Assets CEO Allan Gillis said, "Using this new innovative system of live seafood transport and storage enables live seafood to be kept in as close to its natural environment as possible. The goal is to create a North American collection and distribution network of live seafood that will be disruptive to the air cargo industry."
The first phase of the Live Stor Sydney facility, after theacquisition of the existing Co-Op Atlantic Distribution Center, was to remediate the eight million pound freezer storage area (50,000 sf) which was completed in August of 2017. Live Stor Sydney is now holding in the freezer section of the building product from some of the largest seafood producers in Atlantic Canada . Space in the building is also rented out for cross docking of frozen foods and two offices have been rented out to a local IT company. Live Stor Sydney has started building a 250,000-pound live lobster holding system designed byBioNovations of Antigonish Nova Scotia . This equipment from BioNovations is called the Traystor Storage Module Systems, which is a new and unique live seafood holding system providing a quality and quantity storage solution.The reduced water and power usage required of the BioNovations Traystor Storage Module System will reduce overhead costs. BioNovations live seafood storage and transport solutions will improve the overall domestic and international supply chain for live seafood.
Once this 250,000 live lobster holding facility is operational in May of 2018 it will act as a base for the Gillis brothers other company, which is Live Ship Global Seafood Logistics LTD. Live Ship has a worldwide exclusive agreement with BioNovations of Antigonish Nova Scotia Canada to transport live snow crab and lobster. Live Ship expects to have thefirstfive 53-foot road trailers operational by late 2018 for live seafood transport anywhere in North America and has ordered the first two of a 120 order of forty-foot specialized sea containers for transport of live lobster or snow crab to Europe or Asia by sea via container vessels.
The conditions, timing and location for Live Stors enterprise couldnt be better.The lobster industry in North America has seen catches doubling over the past decade and supply-side is off the charts. Demand for live lobster and crab in Asia is at an all-time high, as is the US demand.The ability of fishers and buyers to rent Live Stor storage space equipped with BioNovations Holding systems offers more control of their product while being able to store and hold until the market value is highest.Not only does the Live Stor, live holding system provide fishers and buyers a better holding and distribution system than presently exists, it utilizes new industry-changing technology form BioNovations which provides a cost-effective solution to the lack of live seafood storage space for the fishing industry. It cannot be stressed enough that this enterprise will make Live Stor not onlythe leader in the live seafood industry, it will forever change the way fishers hold and sell their product while forcing competitors into changing their entire operational and business models to reflect that of Live Storand Live Ship a revolutionary and game-changing development. Using BioNovations new Traystor storage system Live Stor expects to be able to accommodate up to thirty different live seafood specieswhich are currently produced worldwide.
Chairman Aric Simons said, "Live Stor America is an important new subsidiary for LIG Assets that is consistent with our sustainability mission and is poised to revolutionize industry standards. It is important to notethe Gillis family has been in the seafood business for over seventy years, with long-lasting industry relationships with seafood companies throughout Eastern Canada , the United States and Asia. Gillis Seafood has a solid, established and a recognized reputation for supplying quality seafood products to hundreds of restaurants, grocery store chains, and other institutions all over Eastern Canada providing the Company with a significant operational, industry and competitive advantage not just regionally but also worldwide. With the development of BioNovations patented sustainable anddisruptivetechnology, Live Stor America is in a unique supply and price point position to be an important part of a global seafooddistributionnetwork."
BioNovations Traystor Crate Supply Chain fresh live seafood logistic solutions from catch to plate:
www.BIONOVATIONS.CA
Stressis the primary cause of poor health and mortality in live seafood, is introduced at each step in the supply chain and is primarily caused by handling and environmental factors such as poor water quality, inadequatetemperature controlandclose proximity to other seafood. By eliminating or minimizing stress from catch to plate mortality is significantly reduced, health, taste and freshness are improved dramatically increasing market value and supplier profits.
TheBioNovations TraystorSupply Chain Solutiondramatically reduces and in many cases eliminatesproduct stress to improve health and longevity,provides a system for care of product at all points of the supply chain,reduces the total cost of live seafood distributionwhile increasing market value and profit by delivering a fresh, premium taste experience. BioNovations is currentlyoperating in over 20 countries worldwide supporting a wide range of live seafood. BioNovations has fourprimary integrated components:Traystor Live Seafood Holding Systems,Traystor Crates, Traystor Live Seafood Distribution Centers and Traystor Live Seafood Transport Systems
BioNovations unique TraystorCrate:
Fits all BioNovations holding and transport systems
One Touch: move crates, not seafood, to reduce handling, shock, and stress
Isolates stock, eliminates cannibalism
Designed for even oxygenation and water circulation
Vertical crate stacking for max payload per square foot
Superior inventory management and traceability
Interchangeable single cell honeycomb inserts to protect each lobster regardless of size.
Patented design can be reconfigured to accommodate a variety of other species.
Transparent supply chain
Readily accessible through internet
Real-time updates along supply chain
Improved public safety
Increased access to global markets
Precise accounts/inventory
Increased productivity
Quickly accessible
Require little space
Increased quality control
BioNovations TraystorLive Seafood Transport Systems:
Configured for use with BioNovations One Touch Traystor Crate
Long distance, multi-climate, land or sea transportation to displace airfreight
Engineered for large payload to low water-ratio for cost-effective, safe transport
25,000 lb payload of live seafood in engineered transport trailers (LSTS) and shipping containers (LSCS)
Environmental control systems to reduce product stress and extend healthy life-span
Tested and proven over distance and time
Opens transcontinental and intercontinental supply chain options for fresh live seafood
NASHVILLE, TN , March 08, 2018 (GLOBE NEWSWIRE) -- LIG Assets, Inc. (LIGA) (also known as the "Leader in Green Assets" or "LIGA"
announces it has secured an agreement with Live Stor Ltd. of Sydney, Nova Scotia , Canada to createLive Stor America which will developlive seafood storage, collection and distribution hubs for the seafood industry (Live Seafood Hub). Live Stor America will be setting up a million pound live holding system operation in the Portland, Maine area and the Seattle, Washington area to support import and export of live seafood from America, Europe and Asia . LIGA's Live Stor America operation will be based on the new live holding facility technology that is currently under construction at the first facility (Live Stor Sydney), which is located at 440 Keltic Drive in Sydney River, Nova Scotia , Canada.This is only the beginningof this mutually beneficial relationship with Live Stor & Live Ship, as LIG Assets Chairman, Aric Simons , stated last year, "LIGA is very fortunate to partner with LIVE SHIP, a company that is certain to disrupt the seafood delivery industry and shares our corporate values." Live Stor is excited to work with LIGA to develop live holding facilities in the USA which will be built using steel framing and magnesium oxide panels to create internal live holding spaces which can be expanded or reduced depending on live seafood seasonal holding requirements. This ability to expand and contract live holding space works perfectly with the BioNovations designed Traystor holding system. Each live seafood product held requires a specific holding temperature to keep the seafood product in a sustainablelong-term holding state. LIG Assets CEO Allan Gillis said, "Using this new innovative system of live seafood transport and storage enables live seafood to be kept in as close to its natural environment as possible. The goal is to create a North American collection and distribution network of live seafood that will be disruptive to the air cargo industry."
The first phase of the Live Stor Sydney facility, after theacquisition of the existing Co-Op Atlantic Distribution Center, was to remediate the eight million pound freezer storage area (50,000 sf) which was completed in August of 2017. Live Stor Sydney is now holding in the freezer section of the building product from some of the largest seafood producers in Atlantic Canada . Space in the building is also rented out for cross docking of frozen foods and two offices have been rented out to a local IT company. Live Stor Sydney has started building a 250,000-pound live lobster holding system designed byBioNovations of Antigonish Nova Scotia . This equipment from BioNovations is called the Traystor Storage Module Systems, which is a new and unique live seafood holding system providing a quality and quantity storage solution.The reduced water and power usage required of the BioNovations Traystor Storage Module System will reduce overhead costs. BioNovations live seafood storage and transport solutions will improve the overall domestic and international supply chain for live seafood.
Once this 250,000 live lobster holding facility is operational in May of 2018 it will act as a base for the Gillis brothers other company, which is Live Ship Global Seafood Logistics LTD. Live Ship has a worldwide exclusive agreement with BioNovations of Antigonish Nova Scotia Canada to transport live snow crab and lobster. Live Ship expects to have thefirstfive 53-foot road trailers operational by late 2018 for live seafood transport anywhere in North America and has ordered the first two of a 120 order of forty-foot specialized sea containers for transport of live lobster or snow crab to Europe or Asia by sea via container vessels.
The conditions, timing and location for Live Stors enterprise couldnt be better.The lobster industry in North America has seen catches doubling over the past decade and supply-side is off the charts. Demand for live lobster and crab in Asia is at an all-time high, as is the US demand.The ability of fishers and buyers to rent Live Stor storage space equipped with BioNovations Holding systems offers more control of their product while being able to store and hold until the market value is highest.Not only does the Live Stor, live holding system provide fishers and buyers a better holding and distribution system than presently exists, it utilizes new industry-changing technology form BioNovations which provides a cost-effective solution to the lack of live seafood storage space for the fishing industry. It cannot be stressed enough that this enterprise will make Live Stor not onlythe leader in the live seafood industry, it will forever change the way fishers hold and sell their product while forcing competitors into changing their entire operational and business models to reflect that of Live Storand Live Ship a revolutionary and game-changing development. Using BioNovations new Traystor storage system Live Stor expects to be able to accommodate up to thirty different live seafood specieswhich are currently produced worldwide.
Chairman Aric Simons said, "Live Stor America is an important new subsidiary for LIG Assets that is consistent with our sustainability mission and is poised to revolutionize industry standards. It is important to notethe Gillis family has been in the seafood business for over seventy years, with long-lasting industry relationships with seafood companies throughout Eastern Canada , the United States and Asia. Gillis Seafood has a solid, established and a recognized reputation for supplying quality seafood products to hundreds of restaurants, grocery store chains, and other institutions all over Eastern Canada providing the Company with a significant operational, industry and competitive advantage not just regionally but also worldwide. With the development of BioNovations patented sustainable anddisruptivetechnology, Live Stor America is in a unique supply and price point position to be an important part of a global seafooddistributionnetwork."
BioNovations Traystor Crate Supply Chain fresh live seafood logistic solutions from catch to plate:
www.BIONOVATIONS.CA
Stressis the primary cause of poor health and mortality in live seafood, is introduced at each step in the supply chain and is primarily caused by handling and environmental factors such as poor water quality, inadequatetemperature controlandclose proximity to other seafood. By eliminating or minimizing stress from catch to plate mortality is significantly reduced, health, taste and freshness are improved dramatically increasing market value and supplier profits.
TheBioNovations TraystorSupply Chain Solutiondramatically reduces and in many cases eliminatesproduct stress to improve health and longevity,provides a system for care of product at all points of the supply chain,reduces the total cost of live seafood distributionwhile increasing market value and profit by delivering a fresh, premium taste experience. BioNovations is currentlyoperating in over 20 countries worldwide supporting a wide range of live seafood. BioNovations has fourprimary integrated components:Traystor Live Seafood Holding Systems,Traystor Crates, Traystor Live Seafood Distribution Centers and Traystor Live Seafood Transport Systems
BioNovations unique TraystorCrate:
Fits all BioNovations holding and transport systems
One Touch: move crates, not seafood, to reduce handling, shock, and stress
Isolates stock, eliminates cannibalism
Designed for even oxygenation and water circulation
Vertical crate stacking for max payload per square foot
Superior inventory management and traceability
Interchangeable single cell honeycomb inserts to protect each lobster regardless of size.
Patented design can be reconfigured to accommodate a variety of other species.
Transparent supply chain
Readily accessible through internet
Real-time updates along supply chain
Improved public safety
Increased access to global markets
Precise accounts/inventory
Increased productivity
Quickly accessible
Require little space
Increased quality control
BioNovations TraystorLive Seafood Transport Systems:
Configured for use with BioNovations One Touch Traystor Crate
Long distance, multi-climate, land or sea transportation to displace airfreight
Engineered for large payload to low water-ratio for cost-effective, safe transport
25,000 lb payload of live seafood in engineered transport trailers (LSTS) and shipping containers (LSCS)
Environmental control systems to reduce product stress and extend healthy life-span
Tested and proven over distance and time
Opens transcontinental and intercontinental supply chain options for fresh live seafood
