BOCA RATON, Fla.–(BUSINESS WIRE)–February 24, 2016–
Zero Gravity Solutions, Inc.’s (ZGSI or the Company) (Pink Sheets: ZGSI), an agricultural biotechnology public company commercializing its technology derived from and designed for Space with significant applications on Earth, has previously announced the notification of approval for BAM-FX by the United States Patent and Trademark Office (USPTO). The Company today was issued U.S. Patent No. 9,266,785 for BAM-FX.
BAM-FX is the first formulation of a family of BAM (Bio Available Minerals) products designed to increase crop yields and quality while also addressing crop plant mineral deficiencies and the stress related challenges facing agriculture worldwide. Major problems facing agriculture include population growth and the hidden hunger of humans on our planet, known globally as crop mineral deficiencies in (zinc, selenium, iron and iodine), and coping with the now common weather events resulting in excessive heat and drought, frost and wind damage. Furthermore, soil degradation caused by excessive use of chemicals/fertilizers and subsequent damage to aquifers and water bodies caused by run-off can all be potentially mitigated by adopting the use of Precision Agricultural micronutrient products such as BAM-FX that help increase the efficiencies of fertilizer use.
“These agricultural problems can be addressed through precision farming techniques along with the use of new technology innovations, such as BAM-FX. BAM-FX provides the means to deliver bioavailable forms of micronutrients, such as copper and zinc in precise ratios through our technology, which allows these micronutrients to actually enter into the plants cells. This results in visibly better growth, enhanced yields with better food quality and other crop benefits including observed plant stress tolerance,” stated Glenn Stinebaugh, ZGSI’s President and Chief Executive Officer.
“The final issuance of the patent represents an important milestone relating to the Company’s intellectual property estate now being monetized,” stated Harvey Kaye, Chairman of ZGSI.
About Zero Gravity Solutions, Inc.
Zero Gravity Solutions, Inc. (www.zerogsi.com) is an agricultural biotechnology public company commercializing its technology derived from and designed for Space with significant applications on Earth. These technologies are focused on providing valuable solutions to challenges facing world agriculture. ZGSI’s two primary categories of technologies aimed at sustainable agriculture are: 1) BAM-FX, a cost effective, ionic micronutrient delivery system for plants currently being introduced commercially into world agriculture by Zero Gravity’s wholly owned subsidiary BAM Agricultural Solutions and 2) Directed Selection™, utilized in the development and production, in the prolonged zero/micro gravity environment of the International Space Station, of large volumes of non-GMO, novel, patentable stem cells with unique and beneficial characteristics.
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. Except as required by applicable law or regulation, Zero Gravity Solutions undertakes no obligation to update these forward-looking statements to reflect events or circumstances that occur after the date on which such statements were made.
Zero Gravity Solutions, Inc.
Harvey Kaye, +1-561-416-0400