Save Foods Continues to Yield Good Results with its Solution for Cuties® in Third Consecutive Season

Rhea-AI Summary

Save Foods, Inc. (NASDAQ: SVFD) has announced that its solution was chosen by Sun Pacific for use on Cuties® clementines for the third consecutive season. Sun Pacific, a leading US-based grower, packer, and marketer, has been a cornerstone brand in the industry for decades. Save Foods' green treatments protect fresh fruit and vegetables from spoilage and foodborne pathogens, reducing rotten fruit at the retail level by 50% on average.

Positive

• Save Foods' solution being chosen for the third consecutive season by Sun Pacific indicates a strong partnership and trust in the effectiveness of the technology.
• The reported reduction of rotten fruit at the retail level by 50% on average demonstrates the positive impact of Save Foods' treatments on fresh produce.
• The availability of Save Foods' products in different supermarket chains across the US and Europe signifies a wide market reach and potential for growth.

Negative

• None.

Neve Yarak, Israel, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Save Foods, Inc. (NASDAQ: SVFD), an agri-food tech leader, is proud to announce, as reported before, that its solution was recently chosen, once again, by Sun Pacific for use on Cuties^® clementines, marking the third consecutive season that Sun Pacific has chosen Save Foods’ solution to treat its clementines.

Sun Pacific, a leading US-based grower, packer, and marketer, has been a cornerstone brand in the industry for decades. Notably, its iconic Cuties^® brand represents the forefront of large-scale California-grown clementine and mandarin production across North America, establishing its status as one of the most trusted brands in the market.

Save Foods’ green treatments, which include a combination of Save Foods’ technology and oxidizers, protect fresh fruit and vegetables from microbial spoilage and foodborne pathogens that are responsible for decay and can cause foodborne illnesses. The treatments leave no harmful residues on the produce nor in the environment and maintain product freshness over time.

The solutions can be applied during different stages from field to fork and Save Foods’ product portfolio includes fungicides, sanitizers, adjuvants as well as dosing and monitoring systems. Please contact us for more information on the availability of our products and solutions in your location.

Fresh produce treated with Save Foods’ products can be found in different supermarket chains across the US and Europe where it was reported that SaveFoods' treatments are reducing by 50% on average the rotten fruit at the retail level.

About Save Foods:

Save Foods Inc. is an innovative agri-food tech company that through its three operational arms delivers integrated solutions for improved safety, quality, and sustainability every step of the way from field to fork. Save Foods Ltd., Save Foods' majority-owned Israeli subsidiary, focuses on post-harvest treatments in fruit and vegetables to control and prevent pathogen contamination, significantly reduce the use of hazardous chemicals, and prolong fresh produces' shelf life. Nitrousink, Ltd., Save Foods' majority-owned Israeli subsidiary, contributes to tackling greenhouse gas emissions, offering a pioneering solution to mitigate N2O (nitrous oxide) emissions, a potent greenhouse gas with 265 times the global warming impact of carbon dioxide. Nitrousink Ltd., aims to promote agricultural practices that are both environmentally friendly and economically viable. Plantify Foods, Inc., Save Foods' minority-owned Canadian subsidiary listed on the TSXV, offers a wide range of clean-label healthy food options that are nutritious, gluten free, non-allergenic, use whole natural ingredients, and are easy to prepare.

For more information on Save Foods Ltd. and Nitrousink Ltd. visit our website: https://savefoods.co/

Forward-looking Statements:

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on our current expectations, they are subject to various risks and uncertainties. including the possibility of securing additional business opportunities and pursuing new pilot programs and commercial sales opportunities Actual results, performance or achievements could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including market conditions as well as those discussed under the heading “Risk Factors” in Save Foods' registration statement on Form S-1 filed with the SEC on October 26, 2023, and in any subsequent filings with the SEC. Except as otherwise required by law, we undertake no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. We are not responsible for the contents of third-party websites.

Investor Relations Contacts

Michal Efraty
+972-(0)52-3044404
michal@efraty.com

FAQ

What is the latest announcement from Save Foods, Inc. (NASDAQ: SVFD)?

Save Foods, Inc. (NASDAQ: SVFD) announced that its solution was chosen by Sun Pacific for use on Cuties® clementines for the third consecutive season.

What is the significance of Sun Pacific choosing Save Foods' solution for the third consecutive season?

Sun Pacific's continued choice of Save Foods' solution indicates a strong partnership and trust in the effectiveness of the technology.

How does Save Foods' green treatments protect fresh fruit and vegetables?

Save Foods' green treatments protect fresh fruit and vegetables from spoilage and foodborne pathogens, reducing rotten fruit at the retail level by 50% on average.

Where can Save Foods' products be found?

Fresh produce treated with Save Foods' products can be found in different supermarket chains across the US and Europe.

What is the impact of Save Foods' treatments on fresh produce?

The reported reduction of rotten fruit at the retail level by 50% on average demonstrates the positive impact of Save Foods' treatments on fresh produce.