SunBlush Technologies: Successful Trials with Cut Flowers in Israel.TORONTO--(BUSINESS WIRE)--Feb. 25, 1999--The SunBlush Technologies Corporation (VSE See DOS/VSE. VSE - Virtual Storage Extended :SBT SBT Symplastin bleeding time .) ("SunBlush") is pleased to announce that initial commercial trials with cut flowers flowers cut from the stalk, as for making a bouquet. See also: Flower from Israel to the Dutch flower auctions have been successful. SunBlush has undertaken three sea shipments of cut flowers over the past few weeks with two of the three major Dutch auctions, and the results have been excellent. To date, the Company has successfully tested trial shipments with varieties of flowers which represent over 50 percent of Israel's 1.6 billion stem export business. Currently, the Company has had success in trials with the following varieties: Roses, Solidago Solidago North American plant genus in the family Asteraceae; contain an unidentified toxin. In some outbreaks there is suspicion that the poisoning is caused by a fungus growing on the plant but tests with the plant alone have proved its toxicity. , Gypsophila Gypsophila (jĭpsŏf`ələ): see pink. , Limonium, Carnations and Wax flowers. In addition, SunBlush has had success at the laboratory level with other commercially important flowers, and once commercial trials are complete, the Company's technology will be applicable to virtually all flowers exported from Israel. "We are very encouraged by the success of the commercial trials in Israel," said C. Nigel Lees, Chief Executive Officer. "With the $500,000 grant from the Canada-Israel Industrial Research & Development Foundation, we will continue in our plans to develop the application of FreshSpan(tm) packaging for the export of Israeli flowers. We expect that royalties from cut flowers, including Colombia, Mexico and Costa Rica Costa Rica (kŏs`tə rē`kə), officially Republic of Costa Rica, republic (2005 est. pop. 4,016,000), 19,575 sq mi (50,700 sq km), Central America. , where extensive commercial trials have also taken place, will significantly contribute to the future profitability of SunBlush. Cut flowers represent a great opportunity for the exploiting of our FreshSpan(tm) technology, given the high margin and perishability of floral products." FreshSpan(tm) is one of the SunBlush's MAP technologies. The FreshSpan(tm) box technology allows produce, flowers and plants to be transported in a scientifically constructed corrugated cardboard Noun 1. corrugated cardboard - cardboard with corrugations (can be glued to flat cardboard on one or both sides) corrugated board cardboard, composition board - a stiff moderately thick paper corrugated cardboard n box with a special semi-permeable membrane, which extends the shelf life of the product. The SunBlush Technologies Corporation has patented shelf life extension technology and is a producer and distributor of fresh-cut produce. The Company holds worldwide rights to the unique Modified Atmosphere Modified atmosphere is a common technical definition that describes the practice of modifying the composition of the internal atmosphere of a package (commonly food packages, but this technique is also used for drugs) in order to improve the shelf life. Packaging (MAP) technologies and to the proprietary Scalime technology which extends the shelf life of cut salads. These technologies naturally extend the shelf life of fresh produce, flowers, and juices, thereby enabling economic distribution of premium quality vine-ripened fruit and vegetables. The company processes and distributes produce using its technologies under the names of Necta(tm), Paradise(tm), Noreast Fresh(tm) and SunBlush(tm) as well as private labeling for major supermarkets and licensing its technologies to third parties. SunBlush shares are traded on the Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). under the symbol SBT. On Behalf of the Board The SunBlush Technologies Corporation Roy W. Robinson, Director/Corporate Secretary The statements in this press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934 and are subject to the safe harbour created by these sections. Actual results may differ materially from the Company's expectations. The Vancouver Stock Exchange has neither approved nor disapproved the contents of this news release. |
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