AgriFORCE Growing Systems Announces Appointment of Senior Government Affairs and Capital Markets Executive Amy Griffith to Board of Directors
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) has appointed Amy E. Griffith, senior government affairs executive, to its board of directors. Griffith brings extensive experience from Wells Fargo and TIAA, where she led government relations across multiple states. Her appointment aims to enhance AgriFORCE's engagement with policymakers and advance its innovative agricultural solutions, which focus on high-value crops, pesticide-free production, and sustainable practices. CEO Ingo Mueller emphasized the significance of her expertise during the company's commercialization phase.
- Appointment of Amy E. Griffith as a new independent director enhances board expertise.
- Griffith's background in government relations may strengthen stakeholder engagement.
- Focus on innovative agricultural solutions aligns with growing consumer demand for sustainable produce.
- Potential concerns regarding continuity and experience gaps in leadership.
VANCOUVER, British Columbia, July 13, 2021 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI), an innovative agriculture-focused technology company that delivers reliable, financially robust solutions for high value crops through proprietary facility design and automation, announces that it has appointed senior government affairs executive, Amy E. Griffith, to the Company’s board of directors. Ms. Griffith will serve on the board's Executive Compensation, Audit, and Nominating and Corporate Governance Committees.
Amy Griffith is Wells Fargo’s State & Local Government Relations Senior Leader for the NorthEast Region encompassing Pennsylvania, New Jersey, New York, Connecticut, Rhode Island, New Hampshire, Massachusetts, Vermont and Maine. She was recruited to Wells Fargo’s Government Relations and Public Policy team in 2019. In this role, Griffith leads Wells Fargo’s legislative and political agenda in her region and manages relationships with state and local policymakers as well as community stakeholders. From 2008-2019, Griffith led government relations for sixteen states in the Eastern United States for TIAA for over a decade. In her role at TIAA, she successfully lobbied for multiple high-profile issues, including landmark pension reform legislation adopted in Pennsylvania. Prior to that, she worked in the aerospace, high tech, education, private and public sectors, and has managed multiple high-profile political campaigns at the local, state and national level. She is a graduate of Gwynedd-Mercy College and holds a Bachelor of Arts in History.
Ms. Griffith stated, “I am honored to join the board of AgriFORCE to help raise awareness and assist in advancing the Company’s disruptive business model around its unique IP and next generation agricultural facility. In stark contrast to traditional indoor growing environments, this facility is designed to allow plants to achieve their full genetic yield optimization, providing a convenient, pesticide free, fresh, and sustainable product offering. I look forward to working closely with the management and board of AgriFORCE to help maximize value for shareholders.”
"I am pleased to welcome Amy, as a new independent director to the AgriFORCE board and value her expertise on financial, regulatory and government matters," said Ingo Mueller, CEO of AgriFORCE. "She joins AgriFORCE at an exciting time, as we prepare for the commercialization phase of our proprietary and patent pending facility design and automated growing system. Importantly, consumers are increasingly seeking out fresh, locally grown produce and ingredients; however, there are multiple issues such as crop and pesticide drift – including into the water table. In addition, given current crop yields, availability of arable land and projected population growth, many believe today’s farming methods will be insufficient to meet the needs of the world's population. Current greenhouse and indoor growing technologies do not fundamentally address ideal growing conditions and are often environmentally unfriendly. We believe the COVID-19 pandemic has only highlighted the urgent issues facing the current food supply chain and we believe Amy’s background in both government relations and financial markets will be invaluable as we raise awareness around these pressing challenges and our unique solutions. We also believe her appointment illustrates our commitment to the highest levels of corporate governance.”
About AgriFORCE
AgriFORCE, Inc. (NASDAQ: AGRI) is dedicated to transforming modern agricultural development through our proprietary patent pending facility design and automated growing system. Our methods are designed to produce high-quality, pesticide-free, locally cultivated crops – cost-effectively and with the ability to quickly scale, in virtually any climate. Designed to meet both European Union Good Manufacturing Practices standards and the United States Department of Agriculture organic equivalent, we intend to utilize our platform as an industry accepted standard for, among other things, controlled environment plant-based vaccine and pharmaceutical biomass, hydroponics and food production.
Clean|Green|Local Agriforcegs.com
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and elsewhere. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Company Contact:
Ian Pedersen
Tel: (604) 757-0952
Email: ipedersen@agriforcegs.com
Investor Relations:
Crescendo Communications, LLC
David Waldman/Natalya Rudman
Tel: (212) 671-1021
Email: AGRI@crescendo-ir.com
Media Relations:
AHA Creative Strategies Inc.
Ruth Atherley
Tel: 604 846 8461
Email: ruth@ahacreative.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/51f6493b-2399-4dc9-982f-79df04b1c0e2
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