BioHiTech to Supply Food Waste Digesters to Princess Cruises
BioHiTech Global (NASDAQ: BHTG) announced an initial purchase order valued at approximately $300,000 for its Revolution Series Digesters from Princess Cruises. The digesters are intended for installation on the Royal Princess ship, planned for the fourth quarter of 2020. This initiative aims to enhance sustainability by limiting food waste and ensuring safe onboard disposal, utilizing BioHiTech's proprietary data analytics platform. This partnership marks a significant step in the cruise industry's commitment to environmental stewardship.
- Secured initial purchase order worth approximately $300,000 from Princess Cruises.
- Digesters will be installed on the Royal Princess, enhancing sustainability efforts.
- Utilization of proprietary data analytics platform to improve environmental outcomes.
- None.
CHESTNUT RIDGE, N.Y., Sept. 23, 2020 /PRNewswire/ -- BioHiTech Global, Inc. ("BioHiTech" or the "Company") (NASDAQ: BHTG), a sustainable technology and services company, announced today it has received an initial purchase order for its Revolution Series Digesters from Princess Cruises, valued at approximately
BioHiTech's Revolution Series Digesters covered under this purchase order are expected to be delivered for installation on Princess Cruises' 1,780 room ship, Royal Princess in the fourth quarter of 2020. These digesters, equipped with BioHiTech's proprietary data analytics platform, will be utilized as part of a comprehensive plan to limit food waste, achieve safe onboard disposal, and improve associated environmental outcomes.
"Princess is an iconic name in cruising and marks the second brand in the industry to now move to the forefront of sustainability and environmental stewardship," said Frank E. Celli, CEO of BioHiTech Global. "The installation of our digesters during this pause in cruising related to the pandemic demonstrates their commitment to the environment and vision for this industry. We look forward to working together with the Princess brand to bring a more sustainable future to cruising when it resumes."
The Princess Cruises brand has been sailing around the globe since 1965, taking millions of guests on life-transforming journeys on board a fleet of 18 magnificent ships, to over 380 destinations. Princess has been awarded "Best Cruise Itineraries" 12 times by Recommend Magazine. Additional information can be found on www.princess.com.
About BioHiTech Global
BioHiTech Global, Inc. (NASDAQ: BHTG), is a technology services company focused on providing cost-effective solutions that improve environmental outcomes. Our technologies for waste management include the patented processing of municipal solid waste into a valuable renewable fuel, biological disposal of food waste on-site, and proprietary real-time data analytics tools to reduce food waste generation. When used individually or in combination, our solutions lower the carbon footprint associated with waste transportation and can reduce or virtually eliminate landfill usage. In addition, we distribute a patented technology that achieves high-level disinfection of spaces such as classrooms, hotel or hospital rooms and other enclosed areas to combat the spread of viruses and bacteria without the use of harsh chemicals. Our unique solutions enable businesses, educational institutions and municipalities of all sizes to solve everyday problems in a smarter and more cost-effective way while reducing their impact on the environment. For more information, please visit www.biohitech.com.
Forward Looking Statements
Statements in this document contain certain 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, as amended. These statements, including statements about the estimated contract value, additional purchase orders or deliveries, and the ability of the Company's products to reduce greenhouse gases and achieve corporate sustainability goals, are based on many assumptions and estimates and are not guarantees of future performance. These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of BioHiTech Global, Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. BioHiTech Global, Inc. assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as "Risk Factors" in our filings with the Securities and Exchange Commission ("SEC"). There may be other factors not mentioned above or included in the BioHiTech's SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement. BioHiTech Global, Inc. assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by securities laws.
Company Contact:
BioHiTech Global, Inc.
Richard Galterio
Executive Vice President
Direct: 845.367.0603
rgalterio@biohitech.com
www.biohitech.com
Investors:
ir@biohitech.com
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SOURCE BioHiTech Global, Inc.
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