Save Foods (NASDAQ: SVFD), an agrifood tech company specializing in ecocrop protection designed to help reduce food waste and ensure food safety while reducing the use of pesticides, has released a letter to its shareholders. The letter is signed by key company leaders, including chair Amitai Weis, CEO David Palach, CFO Lital Barda, CEO Dan Sztybel and COO Neta Matis PhD. The letter provides key updates for the company, with highlights including the transition from R&D to commercialization, an overview of expanding pilot programs and a summary of regulations that are driving near-term opportunities. The letter also notes that company’s efforts to overcome seasonality challenges and provides a look forward at SVFD’s R&D efforts. The letter also notes Save Foods’ strengthened financial foundation as revenue growth increases. “Save Foods presents a unique green treatment that could efficiently replace the various hazardous chemicals used today in our food supply chain and at the same time address both food waste and food safety,” the shareholder letter stated. “We are helping growers, packers and food retailers to minimize waste, maximize supply chain efficiencies, increase their revenues and extend their market reach while delivering superior-quality fruits and vegetables, and in doing so, we believe we can create significant stockholder value. We are just getting started in this exciting and massive market opportunity and look forward to sharing our continued successes with you as we execute on our mission of reducing food waste and ensuring food safety.”
To view the full shareholder letter, visit https://ibn.fm/1Brra
About Save Foods Inc.
Save Foods is an innovative, dynamic company addressing two of the most significant challenges in the agrifood tech industry: food waste and loss and food safety. The company is dedicated to delivering integrated solutions for improved safety, freshness and quality, every step of the way from field to fork. Collaborating closely with its customers, Save Foods develops new solutions that benefit the entire supply chain and improve the safety and quality of life of both workers and consumers alike. SVFD’s initial applications are in post-harvest treatments in fruit and vegetable packing houses that process produce such as citrus, avocado, pears, apples and mangos. For more information about the company, visit www.SaveFoods.co.
NOTE TO INVESTORS: The latest news and updates relating to SVFD are available in the company’s newsroom at https://ibn.fm/SVFD
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