CHESTNUT RIDGE, N.Y.,
Oct. 6, 2020 /PRNewswire/
-- BioHiTech Global, Inc. ("BioHiTech" or the "Company")
(NASDAQ: BHTG), a sustainable technology and services company,
announced today that the Company has received a lease contract to
install seven new food waste digesters at various Hackensack
Meridian Health locations.
BioHiTech expects to complete the installations of the seven
Revolution Series™ digesters in the fourth quarter of
2020. The orders were received through the Company's
distribution partnership with a leading national provider of
environmental and regulated waste management solutions.
The new food waste digesters will help Hackensack Meridian
Health reduce the environmental impact of its operations by safely
disposing of food waste on-site, thereby lowering the amount of
greenhouse gases emitted from traditional disposal methods. The
Company's data analytics platform will also provide real-time
transparency for food waste generation to help Hackensack Meridian
Health in its waste reduction efforts.
"Healthcare represents a substantial opportunity for BioHiTech
as it is an industry that generates significant amounts of food
waste. This order is further indication of the increased activity
we are seeing in a number of different market segments we service,
where we believe our food digesters can make a lasting impact on
the carbon footprint of food waste disposal," said Frank E. Celli, CEO of BioHiTech. "It also
demonstrates the value of establishing partnerships in the waste
management services industry to deepen the market penetration of
this important technology. By partnering together with
environmental services companies we can achieve success for
customers, the environment, and one another. We look forward
to working with Hackensack Meridian Health and other like-minded
healthcare organizations seeking to cost-effectively manage food
waste disposal while creating a more positive impact on our
environment."
About BioHiTech Global
BioHiTech Global, Inc. (NASDAQ:
BHTG), is a technology services company focused on providing
cost-effective solutions that improve environmental
outcomes. Our technologies for waste management include the
patented processing of municipal solid waste into a valuable
renewable fuel, biological disposal of food waste on-site, and
proprietary real-time data analytics tools to reduce food waste
generation. When used individually or in combination, our solutions
lower the carbon footprint associated with waste transportation and
can reduce or virtually eliminate landfill usage. In addition, we
distribute a patented technology that achieves high-level
disinfection of spaces such as classrooms, hotel or hospital rooms
and other enclosed areas to combat the spread of viruses and
bacteria without the use of harsh chemicals. Our unique
solutions enable businesses, educational institutions and
municipalities of all sizes to solve everyday problems in a smarter
and more cost-effective way while reducing their impact on the
environment. For more information, please
visit www.biohitech.com.
Forward Looking Statements
Statements in this press
release contain certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, as amended. Without
limiting the foregoing, words such as "anticipate," "believe,"
"continue," "could," "estimate," "expect," "explore," "evaluate,"
"intend," "may," "might," "plan," "potential," "predict,"
"project," "seek," "should," or "will," or the negative thereof or
other variations thereon or comparable terminology. These
forward-looking statements are only predictions and involve known
and unknown risks and uncertainties, many of which are beyond the
Company's control. These statements are also based on many
assumptions and estimates and are not guarantees of future
performance. These statements are estimates, based on information
available to management as of the date of this release, and are
subject to further changes. These statements may involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of BioHiTech Global,
Inc. to be materially different from future results, performance or
achievements expressed or implied by such forward-looking
statements. BioHiTech Global, Inc. assumes no obligation to
publicly update or revise these forward-looking statements for any
reason, or to update the reasons actual results could differ
materially from those anticipated in these forward-looking
statements, even if new information becomes available in the future
in these forward-looking statements, even if new information
becomes available in the future. Our actual results may differ
materially from the results anticipated in these forward-looking
statements due to a variety of factors, including, without
limitation those set forth as "Risk Factors" in our filings with
the Securities and Exchange Commission ("SEC"). There may be other
factors not mentioned above or included in the BioHiTech's SEC
filings that may cause actual results to differ materially from
those projected in any forward-looking statement. BioHiTech Global,
Inc. assumes no obligation to update any forward-looking statements
as a result of new information, future events or developments,
except as required by securities laws.
Company Contact:
BioHiTech Global, Inc.
Richard Galterio
Executive Vice President
Direct: 845.367.0603
rgalterio@biohitech.com
www.biohitech.com
Investors:
ir@biohitech.com
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SOURCE BioHiTech Global, Inc.