Zero Gravity Solutions, Inc. Finalizes State of California Licensing Requirements
for Sale of BAM-FX™ for Agricultural Purposes
Boca Raton, Florida— (May 29, 2014) – Zero Gravity Solutions, Inc. (ZGSI or “the Company”) (Pink Sheets: ZGSI) announced today that it has completed the requirements necessary to license its agricultural product, BAM-FX for sale and distribution in the state of California. The Company is continuing to work with the California Department of Food & Agriculture (CDFA) on label registration and organic certification in order to commence sales. BAM-FX, the Company’s ionic, micronutrient and mineral delivery system for plants, was originally developed for use in the United States Space Program and is now being applied to agriculture here on Earth.
The Company has been conducting field trials on a variety of crops in laboratory and academic settings as well as in field applications on grower/end-user crops. The preliminary results of these trials have confirmed the positive data we had anticipated. Further field trials are currently underway or planned on additional crops in various locations throughout the United States and other countries.
Mr. Don Henry, Government and Technical Liaison to ZGSI and former Director of the CDFA, stated, “From my perspective as someone who has been involved in agricultural matters for over 30 years, a product that has demonstrated its unique ability to systemically deliver micronutrients and minerals throughout a plant at the cellular level may provide solutions to many critical issues facing agriculture today.” Mr. Henry further stated, “The completion of the licensing requirements of CDFA allows the Company to move toward the commercial sale of BAM-FX in the California agricultural market.”
About Zero Gravity Solutions, Inc.
Zero Gravity Solutions, Inc. is a zero gravity and agricultural biotechnology public company commercializing its technology derived from and designed for Space with significant applications on Earth. These technologies are focused on revolutionizing world agriculture by providing valuable solutions to major challenges facing humanity, including threats to world agriculture and the ability to feed the growing population. The two primary categories of the Company’s technologies aimed at sustainable agriculture are: 1) an organic, cost effective, ionic nutrient delivery system for plants that is designed to provide a way to achieve healthier, more robust, more productive crops while reducing chemical use, waterway contamination and irrigation and 2) the development and production, in the prolonged zero/micro gravity environment of the International Space Station, large volumes of Non-GMO, novel stem cells with unique and beneficial characteristics, which can be patented for commercial sale to third parties in the agricultural and human regenerative medical markets. ZGSI is headquartered in the United States with additional offices in the United Kingdom. Information on the Company can be viewed on www.zerogsi.com.
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, acceptance of the Company’s products, increased levels of competition for the Company, new products and technological changes, the Company’s dependence on third-party suppliers, and other risks detailed from time to time in the Company’s periodic reports filed with the Securities and Exchange Commission.
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Contact:
Harvey Kaye, Chairman
Richard Godwin, President & Chief Executive Officer
Zero Gravity Solutions, Inc.
190 NW Spanish River Blvd., Suite 101
Boca Raton, FL 33431
(561) 416-0400
info@zerogravity.com