CHESTNUT RIDGE, N.Y.,
Dec. 16, 2020 /PRNewswire/ --
BioHiTech Global, Inc. ("BioHiTech" or the "Company") (NASDAQ:
BHTG), a sustainable technology and services company, announced
today it has received a new purchase order for its Revolution
Series™ food digesters from Holland America Line valued at
approximately $700,000 and an
additional order from Princess Cruises valued at approximately
$650,000, which will include three
new ships from that line. In addition, the company received
an order valued at $90,000 from
Australia-based P&O Cruises –
the first order for this brand, which is also under the Carnival
umbrella. BioHiTech expects to fulfil the orders through the
first quarter of 2021.
"This is an important milestone for BioHiTech demonstrating our
growing relationship with Carnival Corp.'s third and fourth brands,
Holland America Line and P&O Cruises, while adding to our
service of Carnival's Princess Cruises as well," commented
Tony Fuller, BioHiTech's Chief
Executive Officer. "As Carnival Cruise Lines, Holland
America, Princess, P&O Cruises, and the rest of the Carnival
family of brands move toward a resumption of the cruise business,
we are pleased to be part of their sustainable food waste
management systems and enhanced stewardship over the
environment."
The Revolution Series digesters, equipped with BioHiTech's
proprietary data analytics platform, is part of the Carnival
umbrella's comprehensive plan to limit food waste, achieve
safe onboard disposal, and improve associated environmental
outcomes.
"These orders further support BioHiTech's continued growth and
substantive progress in strengthening our position as a leading
provider of sustainable food waste disposal solutions," continued
Mr. Fuller. "We look forward to maintaining the highest levels of
product and service quality for our products in supporting our
clients' growing needs, while delivering value creation for our
BioHiTech shareholders."
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
document 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. These
statements, including statements about the estimated contract
value, additional purchase orders or deliveries, and the ability of
the Company's products to improve environmental outcomes and
achieve corporate sustainability goals, are based on many
assumptions and estimates and are not guarantees of future
performance. 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, except as required by securities laws. 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.
Company Contact:
BioHiTech Global, Inc.
Lisa Giovannielli
VP, Corporate Communications
O: 888.876.9300
E: lgiovannielli@biohitech.com
www.biohitech.com
Investors:
ir@biohitech.com
Media:
pr@coreir.com
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SOURCE BioHiTech Global, Inc.