Agronix, Inc. Actively Pursues Profitable Permitted Organic Sites.Business Editors LOS ANGELES--(BUSINESS WIRE)--March 11, 2003 Agronix, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AGNI) is actively pursuing its business model by negotiating permitted and licensed organic waste sites in current profitable operation. Agronix is assessing permitted sites in Massachusetts and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of states, Ireland and British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography , Canada. Each of these operations has infeed and take-out contracts, which secure long-term revenues for the Company. The company anticipates securing its first location within the next six months. Upon the completion of each acquisition Agronix will implement its proprietary technology, converting the original plants into energy-efficient and environmentally-harmless operations. These retrofitted plants will produce organic fertilizers and growth substrates of much higher quality and value, leading to dramatically increased revenues and profits. About Agronix Agronix is a recognized leader in innovative organic waste management technology. The Company's BCR BCR B Cell Receptor BCR Business Communications Review (magazine) BCR Banca Comerciala Romana (Romanian bank) BCR Breakpoint Cluster Region BCR Benefit/Cost Ratio BCR Bay City Rollers System converts organic waste materials (animal manure, sewage sludge, bio-solids, and industrial food processing Food processing is the set of methods and techniques used to transform raw ingredients into food for consumption by humans or animals. The food processing industry utilises these processes. waste, etc.) into organic fertilizers, soil amendments and other value-added agricultural products. The Company is also engaged in the business of developing their BCIR BCIR Barnett Continent Intestinal Reservoir (South Point Hospital) System technology that is used to recover chemical commodities from organic waste for a wide variety of commercial industries such as agriculture, food, oil and gas, paper, clothing and pharmaceuticals. http://www.agronixinc.com Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. |
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