American Soil Technologies Projects Next Year Sales Of $1,400,000 Of Agriblend In Mexico.Business Editors SAN DIEGO--(BUSINESS WIRE)--Dec. 21, 2000 American Soil Technologies, Inc. (AST (AST Computer, Irvine, CA) A PC manufacturer founded in 1980 by Albert Wong, Safi Quershey and Tom Yuen (A, S and T). It offered a complete line of PCs that sold through its dealer channel. ) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SOYL) today announced a $1,400,000 sales projection of its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Agriblend to Mexico in 2001. Sunpride, Inc., a subsidiary of the Gerber Goldschmidt Group, having this year completed a series of tests in Mexico using the Agriblend Soil Amendment, has attained results that lead to the aggressive projections for next year. The Company will ship 700,000 pounds for 2001. Shanna Decker, a Principal with Sunpride, said: "We are excited about the results obtained in Mexico in Agriblend yield and water savings and very optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op about the long term future of AST's Agriblend product." AST's Agriblend Division has also completed the training of all 26 offices of United Agri Products (UAP UAP Unstable Angina Pectoris UAP United Agri Products UAP User Account Protection (Microsoft Vista) UAP University Affiliated Program UAP Unlicensed Assistive Personnel UAP Universidad Adventista Del Plata ), a division of ConAgra, in the southwest. Johnny Dickinson, Agriblend Division's Senior V.P., Sales, said, "We are lucky to have a distributor of the quality of UAP with seasoned professionals in the area of Texas, New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). and Oklahoma." About the Gerber Goldschmidt Group, Inc. The Gerber Goldschmidt Group is a $2 billion international holdings company with more than 30 worldwide branches in 22 countries. The Company offers services in many spheres of world trade, including exporting, importing, manufacturing and distribution and financing of a broad base of commercial activities. The Group's global offices represent leading organizations in the field of food, land and sea-based commodities, computer software and consulting, electronics, textiles, raw materials, machinery and tools, motor vehicles and other transport equipment, steel, plastics and pharmaceuticals. About American Soil Technologies, Inc. Formed in September 1999, American Soil Technologies has two divisions: Agriblend and Soil Wash Technologies. The Agriblend Division develops, manufactures and markets cutting-edge technology that decreases the need for water in agriculture and other plant growing environments while increasing crop yield and reducing the environmental damage caused by common farming practices. The Company also operates a Soil Washing facility in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , CA and holds exclusive rights to a soil washing technology that removes hydrocarbon hydrocarbon (hī'drōkär`bən), any organic compound composed solely of the elements hydrogen and carbon. The hydrocarbons differ both in the total number of carbon and hydrogen atoms in their molecules and in the proportion of hydrogen contaminants from soil. More product information can be found on the corporate Web site, located at www.americansoiltech.com. This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion