AgriFORCE Growing Systems Promotes Troy McClellan to President of AgriFORCE Solutions
July 22 2021 - 9:00AM
AgriFORCE Growing Systems Ltd. (“the
Company") (NASDAQ: AGRI), an innovative
agriculture-focused technology company that delivers reliable,
financially robust solutions for high-value crops through
proprietary facility design and automation, today announced that it
has promoted Troy McClellan to President of the AgriFORCE Solutions
division.
In his new role, Mr. McClellan will be
responsible for leading the commercial development strategy, with a
focus on leveraging AgriFORCE IP and solutions across multiple
divisions, vertical markets, and regions. In addition, he will help
oversee the Company’s Merger and Acqusition (M&A) strategy,
with a focus on identifying companies and technologies that can be
leveraged within the Company’s automated growing system and
facility design, as well as additional business lines that leverage
the Company’s core agricultural and technological expertise. He
will work closely with the leadership team to drive growth in the
Company’s emerging IP and solutions business, as well as spearhead
the Company’s operations and research and development (R&D)
efforts.
Mr. McClellan has successfully led the team in
the design and development of AgriFORCE growing facilities,
systems, operations, IP, and breakthrough technologies as the
Company’s Vice President of Design and Construction. Prior to
AgriFORCE, he held the role of Vice President of Design and
Development at W!GU City (“When I Grow Up”), a learning-based
community where kids, parents, educators, and brand partners come
together. Prior to that, Mr. McClellan held senior design and
project management positions at MGM, Macau, Wynn Design &
Development and Universal Studios, Japan. Mr. McClellan is a
registered professional architect and received his master’s degree
in Architecture from Montana State University.
Ingo Mueller, CEO of AgriFORCE, stated, “I am
pleased to announce this promotion of Troy, which recognizes his
tremendous contributions in advancing the development of our
automated growing system and facility design. He has established
himself as an industry pioneer, transforming modern agriculture
through new technological approaches to producing high-quality,
pesticide-free crops that can be grown cost-effectively in
virtually any climate. In this leadership role, Troy will be
instrumental in continuing to evolve our IP internally and through
acquisitions, as well as applying our precision growth method to
other agricultural areas so that we can be a part of the solution
in fixing the severe issues within the global food supply
chain.”
Mr. McClellan noted, “I am honored to take on
this new role at such an exciting time in the Company’s evolution.
AgriFORCE’s proprietary IP addresses many of the key supply chain
issues facing the agricultural industry, as our facilities can be
constructed in virtually any environment and close to consumers,
ensuring a sustainable food supply. Through a combination of
lighting design, automated systems, fertigation and nutrients, as
well as micropropagation and genetics, AgriFORCE has developed a
sustainable solution for producing the highest quality and
pesticide-free high-value crops, nutraceuticals and pharmaceuticals
on a global level. Overall, I believe we have built a highly
scalable business – positioning us to become a significant player
in the agricultural industry.”
About AgriFORCEAgriFORCE
Growing Systems Ltd. (NASDAQ: AGRI) is an agriculture-focused
technology company that develops and acquires intellectual property
systems that are intended to deliver innovative, reliable and
financially robust solutions for high-value crops through its
proprietary facility design and automation intellectual property to
businesses and enterprises. The Company intends to operate in the
plant-based pharmaceutical, nutraceutical, and other high-value
crop markets using its unique proprietary facility design and
hydroponics-based automated growing system that enable cultivators
to effectively grow crops in a controlled environment. The Company
calls its facility design and automated growing system the
“AgriFORCE grow house.” The Company has designed its AgriFORCE grow
house to produce in virtually any environmental condition and to
optimize crop yields to as near their full genetic potential
possible, while substantially eliminating the need for the use of
pesticides and/or irradiation.
Additional information about the Company is
available at: www.agriforcegs.com.
This press release contains forward-looking
statements within the meaning of the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995. Statements
other than statements of historical facts included in this press
release may constitute forward-looking statements and are not
guarantees of future performance, condition or results and involve
a number of risks and uncertainties. Actual results may differ
materially from those in the forward-looking statements as a result
of a number of factors, including those described from time to time
in our filings with the Securities and Exchange Commission and
elsewhere. The Company undertakes no duty to update any
forward-looking statement made herein. All forward-looking
statements speak only as of the date of this press release.
Company Contact:Ian PedersenTel: (604)
757-0952Email: ipedersen@agriforcegs.com
Investor Relations:Crescendo Communications,
LLCDavid Waldman/Natalya RudmanTel: (212) 671-1021Email:
AGRI@crescendo-ir.com
Media Relations:AHA Creative Strategies
Inc.Ruth AtherleyTel: (604) 846-8461Email: ruth@ahacreative.com
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