Mississauga, Ontario and Sacramento, California--(Newsfile Corp. - September 13, 2023) - Bee Vectoring Technologies International Inc. (CSE: BEE) (OTCQB: BEVVF) (CVE: BEE) (the "Company" or "BVT") is pleased to announce a 196% year-over-year sales growth in the Pacific Northwest blueberry market with the BVT system, with new customers coming on board and over 80% of growers renewing their contracts.
"Our customers were extremely satisfied with their results last year, leading to a tripling of our business and over 80% of customers having renewed for another season," said Ian Collinson, Sales Manager at BVT. "This positive pattern has been consistent with the activities in our other key sales regions. Moreover, we were also thrilled to add significant new acreage with two of the biggest blueberry producers in the region and country."
"In the past year, our commercial grower trials in the Pacific Northwest yielded bigger berries utilizing the BVT system, an average of 1.26mm larger diameter berries and 26.67% heavier berries. This means our customers gained approximately $10,000 per acre in additional revenue. That's a more than 40 times return on investment (ROI) for growers using the BVT system - and that's the reason they renewed with BVT for this growing season," continued Mr. Collinson.
Additionally, new customers have signed up for the first time this year for initial demonstration trials, which builds potential for increased sales acreages in the next growing season.
"It's important to note that this incredible business growth happened during a very challenging growing season in the region," said Mr. Collinson. "The Pacific Northwest had record-breaking rainfall leading into the bloom period, which is a recipe for fungal disease."
Previous wet conditions made potential disease exposure high, with bushes vulnerable to disease exposure even before the flowers bloomed. And getting into the sodden fields to apply traditional fungicide sprays was difficult.
Having the BVT system in place at the start of blooming helped growers tackle those challenging conditions head-on. As bees pollinated the flowers, they simultaneously deposited BVT's proprietary Vectorite with CR-7 biofungicide directly into the bloom - treating flowers as soon as they opened and were exposed to the disease.
"Preliminary results from the Oregon farms using BVT's system are extremely positive showing noticeable results," said Ryan Dragoo, Pacific Northwest Territory Manager for BVT. "They're seeing less than 5% Monilinia (mummy berry) and Botrytis (gray mold) fungal diseases, and a number of farms are reporting NO disease presence."
One repeat customer - one of the largest growers in the region - has said that the end of their bloom period is significantly better in terms of fungal disease than other growers around them, reporting the cleanest multiple blocks with the lowest incidence of disease.
"This growth, coupled with our recent announcement of collaborations with two major distributors in the Pacific Northwest, will lead to increased momentum and sales opportunities for BVT in the next growing season and to grow our market share," continued Mr. Collinson.
About Bee Vectoring Technologies International Inc.
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 55 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.
BVT Company Contact:
Ashish Malik, President & CEO, BVT
info@beevt.com
BVT Investor Contact:
Babak Pedram
Virtus Advisory Group
Tel: 416-995-8651
bpedram@virtusadvisory.com
安大略省密西沙加和加利福尼亞州薩克拉門託--(Newsfile Corp.,2023 年 9 月 13 日)- Bee Vectoring Technologies International Inc.(CSE:BEE)(OTCQB:BEVVF)(CVE:BEE) (“公司” 或 “BVT”) 很高興地宣佈,使用BVT系統,太平洋西北地區藍莓市場的銷售額同比增長196%,新客戶加入,超過80%的種植者續訂了合同。
BVT銷售經理伊恩·科林森說:“去年,我們的客戶對他們的業績非常滿意,這使我們的業務增長了三倍,80%以上的客戶又續訂了一個賽季。”“這種積極的模式與我們其他主要銷售地區的活動一致。此外,我們也很高興能與該地區和該國最大的兩家藍莓生產商一起增加大量新種植面積。”
“在過去的一年中,我們在太平洋西北地區的商業種植者試驗利用BVT系統生產出更大的漿果,平均產出直徑大1.26毫米的漿果和26.67%的重漿果。這意味着我們的客戶每英畝可獲得約10,000美元的額外收入。對於使用BVT系統的種植者來說,這是投資回報率(ROI)的40倍以上,這就是他們在這個生長季節續訂BVT的原因,” Collinson繼續說道。
此外,新客戶今年首次報名參加初步的示範試驗,這爲在下一個種植季節增加銷售面積創造了潛力。
科林森說:“值得注意的是,這種令人難以置信的業務增長髮生在該地區一個非常具有挑戰性的生長季節。”“太平洋西北地區進入花期之前的降雨量創歷史新高,這是真菌病的根源。”
以前的潮溼條件使潛在的疾病暴露量很高,灌木叢甚至在花朵開花之前就容易受到疾病的侵害。而且,進入潮溼的田野施用傳統的殺菌劑噴霧劑很困難。
在開花開始時安裝BVT系統可以幫助種植者直面這些具有挑戰性的條件。當蜜蜂爲花朵授粉時,它們同時將BVT的專有Vectorite和CR-7生物殺菌劑直接沉積到花朵中,在花朵打開並接觸到這種疾病後立即對其進行處理。
BVT太平洋西北地區經理瑞安·德拉古說:“使用BVT系統的俄勒岡州農場的初步結果非常積極,顯示出明顯的結果。”“他們看到的不到5% Monilinia (木乃伊漿果)和 灰黴病 (灰黴病)真菌病,許多農場報告不存在任何疾病。”
一位回頭客——該地區最大的種植者之一——表示,就真菌病而言,他們的花期結束比周圍的其他種植者好得多,他們報告說,多個區塊最乾淨,發病率最低。
科林森繼續說:“這種增長,加上我們最近宣佈與太平洋西北地區的兩家主要分銷商合作,將爲BVT在下一個增長季節帶來更大的勢頭和銷售機會,並增加我們的市場份額。”
關於Bee Vectoring Technologies International Inc.
農業科技公司BVT是一家市場顛覆者,在2400億美元的作物保護和化肥市場中擁有巨大的全球市場機會。BVT開創了一種天然的精準農業系統,該系統通過使用商業種植的蜜蜂爲農作物提供生物農藥替代品,取代了化學殺蟲劑和浪費性的植物保護產品噴霧應用。BVT屢獲殊榮的精確矢量技術對蜜蜂完全無害,它允許將微量的天然衍生殺蟲劑(稱爲生物製劑)直接輸送到花朵中,與傳統的化學殺蟲劑相比,它提供了更好的作物保護和產量結果,並改善了土壤、微生物組和環境的健康。目前,BVT擁有55項已獲授權的專利,全球所有主要農業國家有超過35項專利正在申請中,其Vectorite已在美國環保局註冊爲CR-7(EPA註冊號90641-2),作爲註冊的生物殺菌劑出售,用於貼有標籤的農作物。
BVT 公司聯繫方式:
BVT 總裁兼首席執行官 Ashish Malik
info@beevt.com
BVT 投資者聯繫方式:
Babak Pedram
Virtus 諮詢小組
電話:416-995-8651
bpedram@virtusadvisory.com