Chef Avi Levy, Renowned Chef & Winner of Master Chef Israel Joins Saffron Tech, A Subsidiary of Seedo Corp. (OTC: SEDO), as Investor and Ambassador
A Jerusalem Chef using a lab made Saffron A Jerusalem Chef using a lab made Saffron Chef Avi Levy Red Gold
TEL AVIV, Israel, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Saffron Tech, an Israeli wholly owned subsidiary of Seedo Corp. (OTCQB: SEDO), is glad to announce that Chef Avi Levy, renowned Jerusalem chef & winner of Master Chef Israel TV show fell in love with the quality and taste of Saffron Tech's lab-grown saffron and decided to join the company as investor and ambassador. Chef Avi Levy will combine his passion for excellent food and business with a new partnership with Saffron Tech, where he will serve as the company's first-ever ambassador and take an investment stake in the growing company.
Chef Avi Levy will leverage his expertise to expand Saffron Tech brand, celebrating the company's vision of changing the way saffron is grown and used around the world. After tasting the saffron grown in Saffron Tech's environmentally controlled labs, he said: "It’s amazing and fresh. This is high-quality saffron and to think it will be available all year round and at attractive pricing is a real revolution in this field. In my Jerusalem-based restaurant I insist on offering my guests the highest quality culinary approach manifested by fabulous tastes, aromas, and colors. We are very careful about ingredients, and using fresh produce, and in Saffron Tech lab grown saffron I found a perfect answer to everything I need. I also fell in love with the company's vision and technology and this is the reason I decided to join as an investor and ambassador".
"We're pleased to have leading Chef as Avi Levy as an investor and as our first ambassador. His vote of confidence in our technology and the quality of our lab grown saffron shows us that we are on the right track to realizing our vision of making high quality saffron available all year round and at attractive pricing" said Mr. David Freidenberg, Seedo Corp. and Saffron Tech CEO.
Saffron Tech, from Seedo Corp, is an Israeli start-up with a new technology aimed at shaking up the way saffron, the "red gold", is grown and produced worldwide. Saffron Tech solution involves the establishment of an automatic vertical farm enabling the bulbs the ideal conditions at each stage of the growth process and providing a turnkey solution for growing high-quality, high-yield saffron all year round. Saffron Tech technology is environmental-friendly, using economic levels of water, space, fertilizer, and energy. The sealed environment eliminates the need for harmful pesticides and herbicides, producing a clean and safe product. The solution is easily scalable and pre-designed to quickly grow operations.
About Seedo
Seedo Corp. (OTC: SEDO), an agritech company, is focusing on its research, development, and commercialization of agriculture technology products in the fields of saffron, exotic plants and mushrooms. Seedo’s know-how and technology are aimed at transforming the way agriculture is done by offering a responsible and sustainable way to grow crops in a world confronted by environmental challenges of dwindling earth reserves, diminishing water resources and unstable weather conditions.
Contact: David Freidenberg, Chief Executive Officer,
(800) 608-6432
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are based on management’s current beliefs and expectations and are subject to substantial risks and uncertainties, both known and unknown, that could cause our future results, performance or achievements to differ significantly from that expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to our ability to successfully execute a smooth transition of CFO functions as well as our ability to retain and recruit qualified executives; uncertainties related to, and failure to achieve, the potential benefits and success of our senior management team and organizational structure; our ability to successfully compete in the marketplace; our substantial indebtedness, which may limit our ability to incur additional indebtedness, engage in additional transactions or make new investments; compliance, regulatory and litigation matters; other financial and economic risks; and other factors discussed in our Quarterly Reports on Form 10-Q and in our Annual Report on Form 10-K, including in the sections captioned "Risk Factors” and “Forward Looking Statements.” Forward-looking statements speak only as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statements or other information contained herein, whether as a result of new information, future events or otherwise. You are cautioned not to put undue reliance on these forward-looking statements.
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