Bee Vectoring Technologies Joins Industry Leaders at World Agri-Tech Innovation Summit
Mississauga, ON Canada and Sacramento, CA USA (March 16, 2022) – Bee Vectoring Technologies International Inc. (the “Company” or “BVT”) (CSE: BEE) (OTCQB: BEVVF) (CVE:BEE) today announced the Company will participate in next week’s annual gathering of major agriculture industry leaders at the World Agri-Tech Innovation Summit. BVT’s CEO Ashish Malik will be presenting the Company in the Start Up Arena and he will also be available for one-on-one sessions at the event.
Event: World Agri-Tech Innovation Summit 2022
Event Location: San Francisco, US and Virtual
Event Dates: March 22-23, 2022
BVT Session Details:
– Date: Wednesday, March 23, 2022
– Time: 9:00 am (12:00 pm ET)
– Location: Breakout Room: Start Up Arena
– Speaker: Ashish Malik, CEO of BVT
The World Agri-Tech Innovation Summit is a major annual meeting place for the global agtech ecosystem, where agri-food businesses, investors and tech pioneers gather to exchange insights, be inspired, and identify future partners. The summit is an unrivalled opportunity to meet up with industry colleagues from across the US and around the world, check in with partners, kickstart new connections, and secure face to face time with new prospects during side-meetings, dinners, drinks receptions, and dedicated networking experiences.
This year’s event theme is Investing in Agriculture for Climate Impact & Resilience and aligns solidly with BVT’s core commitment to environmental values.
“We were founded on the premise of wanting to make agriculture more sustainable – it’s in our DNA,” said Ashish Malik, CEO of BVT. “This conference is a key opportunity for us to highlight this value proposition to clients and prospective partners alike, with the world’s top industry executives in attendance.”
The Company has appeal for both farmers and investors committed to environmental, social and governance (ESG) investing. According to a recent survey, 75% of professional investors consider ESG factors to be an integral part of sound investing. BVT doesn’t use fossil fuels — its proprietary biological control agent Clonostachys rosea strain CR-7 is not a petroleum-based product, unlike most chemicals used on crops — plus applying it doesn’t require machinery. And bee vectoring uses no water, while spraying uses hundreds or even thousands of gallons per spray.
BVT, an agriculture technology company, is a market disruptor with a significant global market opportunity in the $240 billion crop protection and fertilizer market. BVT has pioneered a natural precision agriculture system that replaces chemical pesticides and wasteful plant protection product spray applications by delivering biological pesticide alternatives to crops using commercially grown bees. BVT’s award-winning technology, precision vectoring, is completely harmless to bees and allows minute amounts of naturally-derived pesticides (called biologicals) to be delivered directly to blooms, providing improved crop protection and yield results than traditional chemical pesticides – and improving the health of the soil, the microbiome and the environment. Currently, BVT has over 65 granted patents, over 35 patents pending in all major agricultural countries worldwide, and has US EPA registration of its Vectorite™ with CR-7 (EPA Registration No. 90641-2) for sale as a registered biological fungicide for use on the labeled crops.
The CSE has neither approved nor disapproved the contents of this press release. The CSE does not accept responsibility for the adequacy or accuracy of this release. Certain statements contained in this press release constitute “forward-looking information” as such term is defined in applicable Canadian securities legislation. The words “may”, “would”, “could”, “should”, “potential”, “will”, “seek”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions as they relate to the Company, “annual revenue potential”, are intended to identify forward-looking information. All statements other than statements of historical fact may be forward-looking information. Such statements reflect the Company’s current views and intentions with respect to future events, and current information available to the Company, and are subject to certain risks, uncertainties and assumptions, including: planted acres, selling price of competitive chemical pesticides and the US to Canadian dollar exchange rate. Material factors or assumptions were applied in providing forward-looking information. Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize. These factors include changes in law, competition, litigation, the ability to implement business strategies and pursue business opportunities, state of the capital markets, the availability of funds and resources to pursue operations, new technologies, the ability to protect intellectual property rights, the ability to obtain patent protection for products, third-party intellectual property infringement claims, regulatory changes affecting products, failing research and development activities, the ability to reach and sustain profitability, dependence on business and technical experts, the ability to effectively manage business operations and growth, issuance of debt, dilution of existing securities, volatility of publicly traded securities, potential conflicts of interest, unlikelihood of dividend payments, the potential costs stemming from defending third-party intellectual property infringement claims, the ability to secure relationships with manufacturers and purchasers, as well as general economic, market and business conditions, as well as those risk factors discussed or referred to in the Company’s Filing Statement dated August 14,2020, filed with the CSE and securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. Should any factor affect the Company in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, the Company does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law. All figures are in Canadian dollars.