InvestorNewsBreaks — Save Foods Inc. (NASDAQ: SVFD) (FSE: 80W) Pilot Program Successes May Lead to Increased Sales, Interest from Mexican Lime Exporters
Aug 8, 2022
Save Foods (NASDAQ: SVFD) (FSE: 80W), an agrifood tech company specializing in ecocrop protection designed to reduce food waste and ensure food safety while reducing the use of pesticides, has successfully completed pilot programs with several Mexico-based lime packers. Mexico is the second largest importer of limes, representing an estimated 18% of global lime sales. According to the announcement, SiCar Farms Mexico Ltd. was involved in one of those pilot programs, using SVFD ecocrop protection treatment in all of its facilities last year. The success of that program was a “key driver” for other packers then entering pilot programs with the company. The company noted that one of those packers reported that limes treated with Save Foods product maintained their green color, signaling freshness and retained quality, more than a month following the application of the treatment. According to the company, Save foods is well-positioned to help improve the quality of limes and tackle food-waste challenges while reducing the use of pesticides at the beginning of the supply chain; the company anticipates accelerating sales growth and expanded interest from other packers in the area. “Limes treated with Save Foods eco crop protection treatment maintained their freshness over time, which, in turn, gives the supply chain additional breathing room,” said Save Food Israeli subsidiary CEO Dan Sztybel in the press release. “Using our solution, packers get improved deliveries and extended marketability, and retailers get more time to sell top quality products with up to 90% fewer limes ending up in landfills. And, of course, consumers can enjoy high quality limes that last longer at no extra cost.”
To view the full press release, visit https://ibn.fm/Z86hq
About Save Foods Inc.
Save Foods is an innovative, dynamic company addressing two of the most significant challenges in the agrifood tech industry: food waste and loss and food safety. The company is dedicated to delivering integrated solutions for improved safety, freshness and quality, every step of the way from field to fork. Collaborating closely with its customers, Save Foods develops new solutions that benefit the entire supply chain and improve the safety and quality of life of both workers and consumers alike. SVFD’s initial applications are in post-harvest treatments in fruit and vegetable packing houses that process produce such as citrus, avocado, pears, apples and mangos. By controlling and preventing pathogen contamination and significantly reducing the use of hazardous chemicals and their residues, Save Foods treatments not only prolong fresh produce shelf life and reduce food loss and waste, but they also ensure a safe, natural and healthy product. For more information about the company, visit www.SaveFoods.co.
NOTE TO INVESTORS: The latest news and updates relating to SVFD are available in the company’s newsroom at https://ibn.fm/SVFD
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