US BioTec, Inc.: Production of First Bio-Chemical Products Scheduled to Begin First Week of May.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- US BioTec, Inc. (Pink Sheets:USBO USBO Utrechtse School voor Bestuurs- en Organisatiewetenschap USBO United States Boxing Organization USBO United States Box Office (movie industry) ), an emerging player in the rapidly growing bio-chemical sector of the multi-billion dollar agri-business industry, today announced that all of the necessary equipment is on track to be in place and operational by April 30th. Production of the first quantities of its non-toxic and non-carcinogenic bio-chemical products is scheduled to begin in the first week of May. All of US BioTec's products are non-toxic, non-carcinogenic and bio-degradable alternatives to the toxic and sometimes carcinogenic carcinogenic having a capacity for carcinogenesis. agrichemicals that have been widely used by farmers for decades. The agrichemical ag·ri·chem·i·cal n. Variant of agrochemical. market, which is measured in the tens of billions of dollars annually, is controlled primarily by a handful of large, multi-national corporations such as DuPont, Syngenta, Bayer, BASF BASF Bar Association of San Francisco (since 1872; San Francisco, California) BASF Badische Anilin und Soda Fabrik (German chemical products company) BASF Builders Association of South Florida , Dow Chemical and Monsanto. In addition to the previously announced office and operational facilities the company announced that it had leased in Gleason, TN., US BioTec has expanded further by securing a 7,200 square foot plant in Weakly County, TN. This facility will serve as US BioTec's main bio-chemical production facility. During the 2005 growing season growing season, period during which plant growth takes place. In temperate climates the growing season is limited by seasonal changes in temperature and is defined as the period between the last killing frost of spring and the first killing frost of autumn, at which , the company will manufacture up to nine different all-natural bio-chemicals that will be sold to farmers and dealers through its agricultural products subsidiary - US BioTec Products, Inc. US BioTec believes that it may experience an unanticipated windfall because of the growing "Asian Rust" disease problem. A number of universities are predicting widespread Asian Rust infections in several southern and central soybean soybean, soya bean, or soy pea, leguminous plant (Glycine max, G. soja, or Soja max) of the family Leguminosae (pulse family), native to tropical and warm temperate regions of Asia, where it has been growing states. Combating this costly pathogen Pathogen Any agent capable of causing disease. The term pathogen is usually restricted to living agents, which include viruses, rickettsia, bacteria, fungi, yeasts, protozoa, helminths, and certain insect larval stages. problem could generate huge additional sales potential for USBO products now and in years to come. The USDA USDA, n.pr See United States Department of Agriculture. projects that approximately 73 million acres of soybeans will be planted in the U.S. this year. "We have worked very hard over the last couple of quarters to gear up for the commercial production of our bio-chemical products as well as to line up a customer base for our products during the 2005 growing season. We feel confident that sales of the first round of products we'll be introducing will be brisk and that demand will continue to grow year after year. Product sales will escalate as more and more farmers realize that US BioTec's products may allow them to grow healthier crops while often times cutting traditional pesticide costs and enhancing their profits via increased yields. The revenue from these pending sales should be reflected in the third and forth quarters of this year," says Jimmy Joyner 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 US BioTec, Inc. About US BioTec US BioTec was established to profitably develop, manufacture, market and distribute bio-degradable, non-toxic and non-carcinogenic products to agriculture, the commercial turf industry, forestry, golf courses, professional landscapers, nurseries and mass market retail lawn and garden markets. USBO is striving to be the U.S. market leader in the expanding bio-chemical sector of the annual multi-billion dollar agricultural chemical marketplace. The Company's products are designed to rehabilitate soils, repel insects and increase crop (plant) yields through 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] alternatives to toxic man-made pesticides and caustic synthetic fertilizers. To learn more about US BioTec and its products, please visit www.usbioteccorp.com. Certain statements in this news release may contain forward-looking information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments. |
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