Donlar Announces First Major Product Sale Into California Agricultural Market; The Company's Beta-Proteins Demonstrate Increased Crop Yields.Business Editors BEDFORD PARK Bedford Park is the name of several places around the world:
Donlar Biosyntrex Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : DBSY), a world leader in green chemistry, products and technology, today reported the receipt of its first order for biodegradable environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] beta-proteins from a major west coast agricultural distributor. The Company received full California registration of its products for all crops last year. California represents one of the country's largest agricultural markets, and the Company's crop registration is now effective in 47 states - including all western states. Donlar's beta-proteins, when incorporated into both common and specialty fertilizers, enhance nutrient absorption for more efficient fertilizer use and uptake by plants. Numerous studies on the benefits of Donlar's beta-proteins when combined with fertilizers have shown increased crop yields and improved crop output traits including increases in protein, oil and starch production. The benefits of beta-protein use include an overall reduction in agricultural costs coupled with the environmental advantage of decreasing groundwater contamination. The U.S. EPA EPA eicosapentaenoic acid. EPA abbr. eicosapentaenoic acid EPA, n.pr See acid, eicosapentaenoic. EPA, n. has determined that the safety profile of Donlar's beta-proteins does not require regulation. More than 20 million tons of fertilizer is used in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. every year, representing approximately $10 billion in sales. There are over 2.5 million acres used for the production of fruits and vegetables in the western states alone. At average application rates of two quarts per acre, Donlar believes the market potential for its beta-protein products in crop nutrition management programs in the US alone exceeds $800 million a year in this product category. Larry Koskan, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Donlar said, "We have spent considerable time and resources in proving the benefits of our product in crop nutrition management applications. Multi-year studies have shown that our biodegradable beta-proteins can be of significant benefit to farmers as well as to the ecology. We are very excited to be reporting today's news, and look forward to seeing greater utilization of our products as an important ingredient in fertilizers in the future." About Donlar Donlar Biosyntrex Corporation is at the forefront of providing a new class of protein biopolymers that help customers by providing solutions while satisfying environmental concerns for the creation of non-toxic products for a wide range of industrial, agricultural and consumer markets. The Company's non-hazardous, non-toxic, hypoallergenic hy·po·al·ler·gen·ic adj. Having a decreased tendency to provoke an allergic reaction. hypoallergenic (hī´pōal´urjen´ik), adj , environmentally friendly and biodegradable thermal polyaspartate (TPA (Transient Program Area) See transient area. TPA - Transient Program Area ) biopolymers are protected by 140 Company owned patents. The Company's initial applications for its products include the markets of oil field operations, fertilizers, detergents and water treatment. Donlar Biosyntrex also markets a patented natural whey protein whey protein, n soluble protein found in milk whey that has been clotted by rennin, examples of which include alpha-lactalbumin, lactoglobulin, and lactoferrin. used in nutraceutical supplement markets and the Mountain Lift(TM) energy bar. Donlar's beta-protein biopolymers are manufactured in its 50,000 square foot facility located in Peru, Illinois. (www.donlar.com) This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results could differ materially from those projected in the forward-looking statements, which involve a number of risks and uncertainties. The contents of this release should be considered in conjunction with the risk factors in Donlar Biosyntrex's most recent filings with the Securities and Exchange Commission on Forms 10-QSB and 10-KSB and current reports on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. . |
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