CHESTNUT RIDGE, NY,
Sept. 24, 2019
/PRNewswire/ -- BioHiTech Global, Inc. ("BioHiTech" or
the "Company") (NASDAQ: BHTG), a technology and services company
that provides cost-effective and sustainable waste management
solutions, today announced that it has received orders for its
Revolution Series™ Digesters from four universities located in the
northeastern US.
The Company has completed several unit
installations and expects to deliver a total of twelve digesters to
the four universities that have a combined enrollment of more than
100,000 students. Upon full deployment, the twelve digesters
will be capable of diverting more than 2 million pounds of food
waste from landfills each year. In addition, the
Revolution Series™ Digesters will also provide
real-time data analytics to assist each university in determining
ways to reduce overall food waste generation.
"Universities and colleges represent an
important market vertical for BioHiTech and we are excited to
expand our customer base in this area," said Frank E. Celli, CEO of BioHiTech
Global. "With college dining halls and restaurants generating
tens of millions of pounds of food waste each year, our digesters
offer a cost-effective solution to dispose of this waste in a
sustainable manner that avoids landfills and reduces CO2 emissions
associated with waste transportation. In addition, our
real-time data analytics platform can help these institutions
achieve a reduction in food waste generation which is ultimately
better for our planet as well as their bottom line."
About BioHiTech Global
BioHiTech Global, Inc. (NASDAQ: BHTG), is changing
the way we think about managing waste. Our innovative waste
management services combined with our disruptive technologies
provide sustainable waste disposal and supply chain management
solutions for businesses and municipalities of all sizes. Our
cost-effective technology platforms can virtually eliminate
landfill usage through real-time data analytics to reduce waste
generation, biological disposal of food waste at the point of
generation, and the processing of municipal solid waste into a
valuable renewable fuel. 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 are based on
many assumptions and estimates and are not guarantees of future
performance. These statements, including statements about the
deployment of digesters, 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. 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
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SOURCE BioHiTech Global, Inc.