American Vanguard Subsidiary Launches New Natural Insecticides for US Markets.NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif.--(BUSINESS WIRE)--July 16, 1999-- American Vanguard Corporation (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :AVD AvD Automobilclub von Deutschland (German automobile club) AVD Academy of Veterinary Dentistry AVD Audio Video Design (Melbourne, FL) AVD Audio Video Data AVD Association des Volontaires pour le Développement ) today announced that AMVAC Chemical Corporation, a wholly-owned subsidiary of the Company, received full EPA EPA eicosapentaenoic acid. EPA abbr. eicosapentaenoic acid EPA, n.pr See acid, eicosapentaenoic. EPA, n. and California-EPA clearances under the reduced-risk, fast-track registration process, for three formulations of azadirachtin (Ornazin(TM), Amazin(TM) and Ecozin(TM)). All three products contain a patented azadirachtin technical from Fortune Biotech Limited, a recognized leader in azadirachtin extraction technology. All three products were launched into the specialty markets during June 1999. Ornazin(TM) has been developed for greenhouse, turf and ornamental markets to control a wide range of insects including whiteflies, fungus gnats, leafminers, aphids, thrips thrips, minute, agile insects of the order Thysanoptera. Thrips have piercing-and-sucking mouthparts and cup-shaped feet from which bladderlike adhesive organs may be extended. Some species are wingless, but many have four narrow, featherlike wings fringed with hairs. , armyworms, weevils, Japanese beetles, sawflies and turf pests. Amazin(TM) has been developed for mushroom house use to control mushroom flies at low use rates and is virtually odorless o·dor·less adj. Having no odor. o dor·less·ly adv.o . Ecozin(TM) has been developed for use in vegetable and fruit crops to control a wide range of pests including loopers, armyworms, cutworms, leafminers, beetles, maggots, and leafrollers on high-value crops including apples, pears, cranberries, blueberries, cabbage, spinach, celery and other leafy vegetables. AMVAC has applied for organic certification Organic certification is a certification process for producers of organic food and other organic agricultural products. In general, any business directly involved in food production can be certified, including seed suppliers, farmers, food processors, retailers and restaurants. for the three products and expects that significant growth in the organic market sector will create additional market opportunities for these three products. Fortune Biotech Limited will manufacture the technical grade azadirachtin in their modern 10,000 metric ton processing plant in India and AMVAC will manufacture the formulations at its Los Angeles manufacturing facility utilizing AMVAC's patent-pending formulation technology. The improvements made to the technical product and formulations have resulted in superior products with improved and consistent efficacy against key pests, longer shelf life and virtually no odor. AMVAC is a manufacturer and marketer of crop protection and specialty products. Founded in 1969, it has realized 25% annual sales growth over the past ten years by expanding its product offerings and marketing and sales efforts in the U.S. and abroad. Its products include: Vapam(R), Bidrin(R), PCNB PCNB pentachloronitrobenzene. , Durham(TM) metaldehyde metaldehyde a common molluscicide; its formulation in a bran base, especially pellets, makes it a positive risk for all animal species and a very serious threat to all urban dogs. granules Granules Small packets of reactive chemicals stored within cells. Mentioned in: Allergic Rhinitis, Allergies , Amid-Thin(R), Citrus Fix(TM), K-Salt(TM), Fruitone(R) and Tre-Hold(R). In addition to AMVAC Chemical Corporation, American Vanguard's subsidiaries include GemChem, Inc., a national chemical distributor, AMVAC Chemical UK Ltd., the Company's Surrey, England-based office; Quimica Amvac de Mexico S.A. de C.V., the Company's Mexico subsidiary; and Environmental Mediation, Inc., an environmental consulting firm. Founded in 1993, Fortune Biotech Limited operates a world scale, state-of-the-art processing facility outside of Hyderabad, India. In addition to its azadirachtin product line, Fortune markets neem oil, deoiled neem cake, and is actively developing new products for the agricultural, consumer and animal health markets. The Company, from time to time, may discuss forward-looking information. Except for the historical information contained in this release, all forward-looking information are estimates by the Company's management and are subject to various risks and uncertainties that may cause results to differ from management's current expectations. Such factors include weather conditions, changes in regulatory policy, and other risks as detailed from time to time in the Company's SEC reports and filings. Forward-looking statements in this release represent the Company's judgment as of the date of this release. The Company disclaims, however, any intent or obligation to update forward-looking statements. |
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