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GroGenesis Forms American Water Sanitation, LLC as New Sustainable Water Remediation SubsidiaryOctober 20, 2016
SIOUX FALLS, S.D., Oct. 20, 2016 -- GroGenesis, Inc. (OTCQB:GROG) (the "Company"), a global sustainable solutions company and producer of AgraBurst PRO™, an organic, non-GMO nano-surfactant for growers, fertilizer manufacturers and commercial lawn and turf companies, announced the formation of a new subsidiary, American Water Sanitation, LLC, and a strategic partnership with Eco Squared Solutions, Inc. ("ESSI") and Eco Water Solutions, Inc. ("EWSI"). The new strategic partnership will be jointly controlled and managed by ESSI and EWSI, acting together as exclusive owner and licensee of the system, and the Company. American Water Sanitation will offer innovative, sustainable, proprietary solutions to water remediation and wastewater treatment for toxic run-off in agriculture, fracking recovery ponds and algae blooms in lakes, reservoirs and ponds.
EWSI is a sustainable water remediation company with a unique approach to sanitizing and recycling water used by various industries such as oil and gas, agriculture, and environmental impact areas. By incorporating a proprietary physics-based approach to water reclamation, EWSI has developed mobile platforms for onsite water treatment. Unlike conventional water remediation processes that involve only membrane filtration technology, EWSI utilizes on its mobile platforms a unique water separation system which removes hydrocarbons, suspended and dissolved solids in conjunction with electrocoagulation (ECA) technology to further remove contaminants such as petroleum hydrocarbons, emulsified oil, suspended solids, dissolved solids, harmful bacteria and heavy metals. The ECA water treatment process employs an electric current to remove various contaminants from water by delivering electric currents across metal plates that are submerged in the contaminated water. Because heavy metals, organics, and inorganics are primarily suspended in water by electrical charges, the application of a specific electrical charge to the toxic element, protein, and bacteria in the waste water, the system destabilizes and separates the particulate matter from the contaminated water. These particles coagulate into a form that is easily removed in mass through skimming or draining the sediment from ECA reactor tanks.
Mr. Charles Rau
Chief Technology Officer of ESSI and EWSI, commented, "I have spent many years in researching and developing a comprehensive water remediation system. Early on, it became clear that there is no ‘one size fits all' solution. There is no single filtration system known that can successfully treat the many variants in and that is unique to any particular contaminated water source. Our proprietary mobile ‘Unitized Single-Pass System' is unique. Our system provides the mobility for access in remote areas as well as the flexibility to address specific water contaminants and pathogens with targeted remediation objectives. We share the vision of GroGenesis and look forward to a mutually beneficial relationship with them to further their goals with other global strategic partners."
Mr. Richard Kamolvathin
President and CEO of GroGenesis, said, "We are very enthused to enter into a strategic partnership with Eco Water Solutions. Their electrocoagulation technology is cutting edge. Its cost efficient and effective approach to water remediation and mobility is a value added proposition to the sustainable agriculture market space. It is an unfortunate fact that most water remediation projects are not conveniently located and currently necessitate expensive transport of the waste water to a centralized treatment facility. We now offer a mobile solution to address waste water and the impact it has on the environment and food production."
Mr. Kamolvathin concluded, "With this strategic partnership, GroGenesis moves beyond just a sustainable agriculture company to becoming a sustainable solutions company. To be sure, efficient and eco-friendly agriculture requires revitalized and clean water. And, to this end, this technology answers the universal problem for farmers on how to obtain and/or reuse water resources. By providing GroGenesis with the very attractive potential to diversify our future revenue streams across a number of other industries, our overriding corporate goal of building shareholder value is enhanced."
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About Eco Water Solutions, Inc. (EWSI)
Eco Water Solutions, Inc. is a water remediation company with patented electrocoagulation technology for the treatment of waste water in the oil and gas industry, municipalities, mining industry and power plants. Utilizing an innovative mobile platform, EWSI brings the treatment to the site, eliminating the need to rely on the expensive transport of the untreated water to a centralized location. The company's patented process incorporates a modular three stage approach to the remediation of water.
About GroGenesis, Inc.
Headquartered in the heart of the US Farm Belt, Sioux Falls, South Dakota-based GroGenesis is an agricultural services enterprise offering food producers a revolutionary, proprietary, all-natural, non-GMO nano-surfactant which enhances soil and crop health and reduces the health risk to farm workers due to its non-toxic properties. GroGenesis' flagship product, AgraBurst PRO™, is an all-natural, organic, non-GMO agricultural input which enhances the ability of the plant to more efficiently use the added nutrients incorporated in fertilizers, which results in less fertilizer required. The application of AgraBurst PRO™ can begin the process of improving the health of the soil while minimizing the use of conventional chemical agricultural inputs. For more information, please visit the Company's website at www.GroGenesis.com.
Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections and reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, the development of our products, our limited financial resources, our ability to raise the working capital needed to fund the expansion of our current and future distribution commitments, our ability to retain key employees, our competitors' ability to develop better or less expensive alternatives to our products and the risks and uncertainties discussed under the heading "Risk Factors" in Item 1 of our Annual Report on Form 10-K for the fiscal year ended May 31, 2016, and in our other filings with the Securities and Exchange Commission. We undertake no obligation to revise or update any forward-looking statement for any reason.
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