Save Foods continues to develop its business plan in Turkey, adding a third packaging plant "Uçak Kardeşler"

2021-11-13 07:00:42 By : Mr. Ray Judd

The large-scale pilot program aims to verify whether the processed products comply with the strict EU product regulations

Tel Aviv, Israel, November 11, 2021 (GLOBE NEWSWIRE) - Save Foods (NASDAQ: SVFD) ("Save Foods" or "Company"), an agri-food technology focused on the development and sale of environmentally friendly food The company's products designed to extend the shelf life of fresh fruits and vegetables and ensure food safety, today announced that Uçak Kardeşler, Turkey's leading packaging company, will join Save Foods' business plan. For the first step of the business plan, the packaging plant will launch a large-scale commercial-scale pilot to ensure the seamless implementation and efficacy of the product.

The commercial trials planned to begin immediately are aimed at verifying that the company's products can reduce harmful pathogens, and most importantly, reduce the presence of harmful pesticide residues on citrus fruits in accordance with the EU's recently established "farm-to-fork green" requirements. Deal Initiative" Uçak Kardeşler’s annual production and processing capacity is 300,000 tons, and 80% of its GLOBAL GAP certified products are exported at 32 different locations at home and abroad.

Dan Sztybel, CEO of Save Foods Ltd., the company’s Israeli subsidiary, commented on the announcement: “In our recent press release on November 8, I mentioned that we are working hard to integrate more leading Turkish packaging companies. Included in our business plan. I am now in Turkey and I am proud to announce the participation of Uçak Kardeşler, the third Turkish packaging plant."

Mr. Sztybel went on to say: "I am very pleased to see that the demand for green and efficient products that reduce pesticide residues is stronger than expected. This demand is driven by consumers and is further driven by mainstream and discount retail chains around the world. These Chain stores have implemented plans to reduce pesticides in fresh produce. We believe that Lidl's pesticide reduction plan will create more business opportunities for Save Foods. Many packagers I meet are eager to implement a strategy to ensure that they meet these standards. "

"We are working hard to add more packers to join and test our unique products in the near future. Turkey is a great opportunity for Save Foods because it is one of the world's largest fruit and vegetable producers, with more than 42% of its products Exported to EU countries. We believe that the operational and economic benefits of our seamless plug-and-play solution provide a strong value proposition for the region,” Mr. Sztybel concluded.

Save Foods is an innovative and dynamic company dedicated to solving the two most significant challenges facing the agri-food technology industry: food waste and loss and food safety. Save Foods is committed to providing integrated solutions to improve safety, freshness and quality at every step from the field to the table. Save Foods works closely with customers to develop innovative solutions that benefit the entire supply chain and improve the safety and quality of life of workers and consumers. The initial application of Save Foods was post-harvest processing in fruit and vegetable packaging plants that process citrus, avocado, pears, bell peppers and mangoes. By controlling and preventing pathogen contamination and significantly reducing the use of hazardous chemicals and their residues, Save Foods products not only extend the shelf life of fresh produce, reduce food loss and waste, but also ensure safe, green and healthy products .

For more information, please visit our website https://savefoods.co/

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Words such as "expect", "anticipate", "intend", "plan", "believe", "seek", "estimate" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, when we discussed the pilot program with a large Turkish packaging plant, we used forward-looking statements in this press release, including the timing and design of the test, to verify that the company’s products can reduce unwanted pathogens and reduce harmful substances. exist. In accordance with the requirements of the recently established "Farm-to-Table Green Trading Initiative" in the European Union, pesticide residues on citrus fruits, growing demand for the company's products, and discussions with other packaging plants are required to join the program. Since such statements involve future events and are based on our current expectations, they are subject to various risks and uncertainties. Actual results, performance or achievements may differ materially from those described or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including market conditions and the satisfaction of all conditions, and the end of the sale, as well as those discussed under the heading "Risk Factors" at Save Foods In the annual report on Form 10-K filed with the SEC on March 29, 2021, and any subsequent filings with the SEC. Unless otherwise required by law, we have no obligation to publicly release any amendments to these forward-looking statements to reflect this Events or circumstances after the date may reflect the occurrence of unexpected events. For convenience, website references and links are provided. The information contained on such websites is not included in this press release by reference. We are not responsible for the content of third-party websites.

Media contact: Dariela Farcas IR@savefoods.co

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