NetworkNewsBreaks — Save Foods Inc. (NASDAQ: SVF
Post# of 30
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, announced that it has received its first commercial sale of its PeroSTAR(TM) product. Two Israel-based, bell-pepper packing houses have ordered the product, which is formulated to ensure the safety and maximum shelf life of produce before it is exported. The packing houses tried the PeroSTAR treatment initially and, following positive results, decided to fully integrate the product into their treatment process. The packing houses are located in the Arava region, which produces approximately 60% of the fresh vegetables exported by Israel. Bell pepper, which are sold primarily to Russia, North America and the United Kingdom, are the leading export. This first commercial sale comes as the company also received regulatory approval of its product from the California Department of Pesticide Regulation (“CDPR”). “We are excited to see the first large-scale commercial implementation of our product for the bell pepper market, especially here in the heart of Israel’s thriving agriculture industry,” said Save Foods CEO Dan Sztybel in the press release. “We believe that the use of Save Foods’ treatment will help the Arava packing houses export produce of the highest quality without fungicides or a trace of hazardous residue.”
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