Save Foods (NASDAQ: SVFD), an agri-food tech company specializing in ecocrop protection designed to reduce food waste and ensure food safety, is reporting on the results of its participation in the Fruit Logistica Trade Fair, held in March. The company’s proprietary protection treatment was demonstrated during the event, showing its effective solution to the challenge of reducing pesticide use and minimizing waste. Since the event, the company has seen strong interest from packers and distributors serving the European market, which enforces some of the strictest guidelines in terms of pesticide residues. The company noted that during the trade fair, 25 prospective customers requested to initiate trials of the SVFD’s ecocrop protection treatment; five of those requests have already progressed into planned trials that will begin in the coming weeks. “This year’s Fruit Logistica event highlighted the fact that pesticide residues are becoming one of the main challenges to agricultural trade,” said Save Foods Israeli subsidiary COO Dr. Neta Matis in the press release. “We believe that our growing reputation among our current customers and within the industry motivated numerous packers to seek us out at this year’s trade fair, and we are now seeing requests for new trials from a multitude of these new contacts. . . . We have a track record of converting 100% of our trials into paying customers. The interest from attendees at Fruit Logistica, which included key decision makers from every area of the industry, is extremely encouraging and sets the stage for multiple opportunities to accelerate growth as we continue to execute on our vision of reducing food waste and ensuring food safety.”
To view the full press release, visit https://ibn.fm/RATAD
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 products not only prolong fresh produce shelf life and reduce food loss and waste, it also ensures 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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