NetworkNewsBreaks — Save Foods Inc. (NASDAQ: SVFD)

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NetworkNewsBreaks — Save Foods Inc. (NASDAQ: SVFD) Planning Expansion of Pilot Program in Turkey

Save Foods (NASDAQ: SVFD), an agri-food-tech company focused on developing and selling eco-friendly products specifically designed to extend the shelf life and ensure food safety of fresh fruits and vegetables, has announced plans to expand its current pilot program with Turkey-based HERA Meyve ve Sebze; the program will now include bell peppers and aims to verify that treated bell peppers comply with strict produce regulations in the European Union. The current commercial pilot program is being conducted with HERA Meyve ve Sebze in addition to a commercial trial also being performed with the company evaluating citrus fruits. “During our recent visit to Turkey to initiate the pilot program for citrus fruits, HERA Meyve ve Sebze expressed their need for a treatment protocol in bell peppers,” said Save Foods CEO Dan Sztybel in the press release. “Following the initial indications of success in the citrus program, and the recent studies we have performed in Israel for bell peppers, HERA Meyve ve Sebze requested that we expand the current program to include bell peppers as well. I am thrilled that the demand for green and efficient products that reduce pesticide residues is even stronger than anticipated. The desire and business need to meet the criteria set by European regulations is significant, and creates significant business opportunities for Save Foods. Many of the packers I am meeting are eager to implement a program to ensure they are meeting those criteria and will not face rejections due to excess of pesticides residues. We are working hard to add additional packers to join and test our unique offering in the near future. Turkey represents a tremendous opportunity for Save Foods since it is one of the world’s largest producers of fruit and vegetables.”

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