Bee Vectoring Technologies to Explore Partnership Opportunities at ABIM 2023, the Top Conference for the Ag Biologicals Industry

Rhea-AI Summary

Bee Vectoring Technologies International Inc. will be exploring partnership opportunities at ABIM 2023. The conference is a global meeting place for the biocontrol industry, with over 1,700 participants from more than 50 nations. The CEO of BVT, Ashish Malik, is excited about the chance to connect with important players in the industry and progress BVT's expansion strategy. The event will also focus on facilitating the transformation to sustainable agriculture.

Positive

• BVT will be exploring partnership opportunities at ABIM 2023, which could lead to potential collaborations and business growth. The conference is a global meeting place for the biocontrol industry, providing a platform for BVT to connect with important industry players. BVT's CEO is optimistic about the opportunities to progress the company's expansion strategy through these partnerships.

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• None.

Mississauga, Ontario and Sacramento, California--(Newsfile Corp. - October 24, 2023) - Bee Vectoring Technologies International Inc. (CSE: BEE) (OTCQB: BEVVF) (CVE:BEE) (the "Company" or "BVT") is pleased to announce that it will be exploring various partnership opportunities through nine confirmed meetings with industry players and potential partners at ABIM 2023 (Annual Biocontrol Industry Meeting), an internationally-recognized global meeting place to do business and network within the industry. The conference runs October 23 to 25 in Basil, Switzerland and is co-organized by the Research Institute of Organic Agriculture (FiBL) and the International Biocontrol Manufacturers Association (IBMA).

At this year's ABIM, an estimated 1,700 participants from more than 50 nations will network face-to-face, listen to inspiring panel discussions, and see exciting presentations on the latest innovations. SMEs and large enterprises are well-represented, with delegates and the 100+ exhibitors meeting throughout the event.

"The ABIM is an incredible chance for innovators like BVT to connect with the industry's biggest and most important players and I'm pleased to be back at this premiere annual event," said Ashish Malik, CEO of BVT. "There are so many opportunities here with existing and potential partners to progress BVT's ongoing expansion strategy. In addition to our confirmed meetings, there are always several unplanned meetings that develop from informal conversations, so this is a great way to update the industry at-large on our progress."

"ABIM is an event that's helping us all work together to facilitate the transformation to sustainable agriculture," said Christoph Lehnen, BVT Business Manager for Europe, Africa and Middle East. "At the event, we plan to identify and further develop new markets, channels and product applications for BVT's proprietary natural precision agriculture system."

About Bee Vectoring Technologies International Inc.
BVT, an agriculture technology company, is a market disruptor with a significant global market opportunity in the $240 billion crop protection and fertilizer market. BVT has pioneered a natural precision agriculture system that replaces chemical pesticides and wasteful plant protection product spray applications by delivering biological pesticide alternatives to crops using commercially grown bees. BVT's award-winning technology, precision vectoring, is completely harmless to bees and allows minute amounts of naturally-derived pesticides (called biologicals) to be delivered directly to blooms, providing improved crop protection and yield results than traditional chemical pesticides - and improving the health of the soil, the microbiome and the environment. Currently, BVT has over 55 granted patents, many more patents pending in all major agricultural countries worldwide and has US EPA registration of its Vectorite™ with CR-7 (EPA Registration No. 90641-2) for sale as a registered biological fungicide for use on the labeled crops.

Additional information can be viewed at the Company's website www.beevt.com. To receive regular news updates from the Company, subscribe at www.beevt.com/newsletter.

BVT Company Contact:
Ashish Malik, President & CEO, BVT
info@beevt.com

BVT Investor Contacts:
Babak Pedram
Virtus Advisory Group
Tel: 416-646-6779
bpedram@virtusadvisory.com

The CSE has neither approved nor disapproved the contents of this press release. The CSE does not accept responsibility for the adequacy or accuracy of this release. Certain statements contained in this press release constitute "forward-looking information" as such term is defined in applicable Canadian securities legislation. The words "may", "would", "could", "should", "potential", "will", "seek", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions as they relate to the Company, "annual revenue potential", are intended to identify forward-looking information. All statements other than statements of historical fact may be forward-looking information. Such statements reflect the Company's current views and intentions with respect to future events, and current information available to the Company, and are subject to certain risks, uncertainties and assumptions, including: planted acres, selling price of competitive chemical pesticides and the US to Canadian dollar exchange rate. Material factors or assumptions were applied in providing forward-looking information. Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize. These factors include changes in law, competition, litigation, the ability to implement business strategies and pursue business opportunities, state of the capital markets, the availability of funds and resources to pursue operations, new technologies, the ability to protect intellectual property rights, the ability to obtain patent protection for products, third-party intellectual property infringement claims, regulatory changes affecting products, failing research and development activities, the ability to reach and sustain profitability, dependence on business and technical experts, the ability to effectively manage business operations and growth, issuance of debt, dilution of existing securities, volatility of publicly traded securities, potential conflicts of interest, unlikelihood of dividend payments, the potential costs stemming from defending third-party intellectual property infringement claims, the ability to secure relationships with manufacturers and purchasers, as well as general economic, market and business conditions, as well as those risk factors discussed or referred to in the Company's Filing Statement dated August 14,2020, filed with the CSE and securities regulatory authorities in certain provinces of Canada and available at www.sedarplus.ca. Should any factor affect the Company in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, the Company does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law. All figures are in Canadian dollars.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/184780

FAQ

What is ABIM 2023?

ABIM 2023 is the Annual Biocontrol Industry Meeting, an internationally-recognized global meeting place for the biocontrol industry.

How many participants are expected at ABIM 2023?

ABIM 2023 is expected to have over 1,700 participants from more than 50 nations.

What are the goals of ABIM 2023?

ABIM 2023 aims to facilitate the transformation to sustainable agriculture and provide a platform for networking and business opportunities within the biocontrol industry.

What is BVT's objective at ABIM 2023?

BVT aims to explore partnership opportunities and further develop new markets, channels, and product applications for its proprietary natural precision agriculture system at ABIM 2023.