N2OFF: Save Foods’ Innovative Technology Secures Patent Approval in South Africa, Strengthening Global Food Safety Efforts
May 28 2024 - 8:28AM
N2OFF, Inc. (NASDAQ: NITO) (FSE:80W) (“N2OFF” or the “Company”), a
pioneer agri-food tech company offering sustainable solutions for
agriculture and plant-based food, as previously announced on March
28, 2024, one of Save Foods Ltd.’s patents has been granted in
South Africa. This achievement emphasizes the Company’s ongoing
commitment to global food safety and sustainability while expanding
its geographical distribution.
The newly granted patent, “Sterilization
Compositions and Methods for Use Thereof”, refers to kits and
methods for controlling pathogen load within or on the surface of
edible plant matter.
According to The Observatory of Economic
Complexity, in 2022 South Africa exported $1.85 billion in citrus,
making it the second largest exporter of citrus in the world.
Concurrently, in 2022, citrus represented the 14th most exported
product in South Africa.
David Palach, N2OFF’s CEO, said "This patent in
South Africa marks another milestone in our mission to reduce food
waste and ensure food safety worldwide. Our proprietary technology,
now recognized in South Africa, strengthens the Company’s global
impact and the universal need for sustainable food protection
solutions."
About N2OFF Inc.:
N2OFF Inc. (formerly known as 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., N2OFF's 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 produce’s shelf
life. NTWO OFF Ltd., N2OFF's majority-owned Israeli subsidiary,
contributes to tackling greenhouse gas emissions, offering a
pioneering solution to mitigate nitrous oxide (N2O) emissions, a
potent greenhouse gas with 265 times the global warming impact of
carbon dioxide. NTWO OFF Ltd., aims to promote agricultural
practices that are both environmentally friendly and economically
viable. N2OFF also owns minority position in Plantify Foods, Inc.,
a Canadian company listed on the TSXV that 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 NTWO OFF Ltd.
visit our website: www.n2off.com.
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. 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 N2OFF’s Annual Report on Form 10-Kfiled with the
SEC on April 1, 2024, 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 Efratymichal@efraty.com
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