NetworkNewsBreaks — Save Foods Inc. (NASDAQ: SVF
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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 completed the first commercial sale of its treatment for Medjool dates in the Arava region in Israel, which is the largest exporter of Medjool dates in the world. The sale was completed with Galilee Export, the second largest exporter of fresh produce in the country. This sale comes on the heels of an earlier announcement regarding the company’s first sales in the same region of its treatment for bell peppers. According to the announcement, Galilee Exports will begin broad-scale commercial treatment of its Medjool dates during the upcoming season. Growing and harvesting Medjool dates is more labor intensive than other produce because cannot be picked until they ripen on the trees; other dates ripen after harvesting. Therefore, the cost of harvesting Medjool dates is higher, and Save Foods treatments allow Galilee Exports to maximize the revenues of each harvest, while providing consumers with the highest-quality product, said a Galilee Exports representative. “The benefits of Save Foods’ treatment are recognized on a continuously growing number of produce, Medjool dates being one of them,” said Save Foods CEO Dan Sztybel in the press release. “Our relationship with Galilee Export represents a significant opportunity for the company beyond dates; they have a well-established and growing presence in the global produce market, and a reputation for high-quality produce. I am confident that we will continue to expand our partnership to include new crops and exposure to new markets going forward.”
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