MONTREAL, June 15, 2015 /CNW Telbec/ - Imaflex Inc. (TSXV:
IFX) is pleased to announce the successful startup of production
for ADVASEAL HSM, the first commercially available plastic
agricultural film for the controlled release of crop protection
products worldwide. The underlying platform technology is patent
protected and ADVASEAL HSM has received registration by the United
States Environmental Protection Agency as an herbicide for the use
in asparagus, cucumbers, cantaloupes, melons, pumpkins, squash and
tomatoes.
As an herbicide coated barrier film ADVASEAL HSM delivers a
combination of efficacy, simplicity, and safety for the control of
noxious weeds, especially broadleaves and nutsedges, as well as for
emission prevention of volatile fumigants applied additionally. The
initially produced volume is intended for product demonstrations in
the fall season of 2015 to allow selected lead customers to verify
the benefits of ADVASEAL HSM in a self-test.
"ADVASEAL HSM's efficacy, simplified application and unmatched
user safety will benefit growers to eliminate economic and
environmental issues associated with conventional herbicide spray
and fumigant application." commented Ralf
Dujardin, Imaflex's Vice President of Marketing and
Innovation. "We have sufficient supply in stock to sample
selected top-growers and industry influencers in the United States, in the coming season. That
will provide them with the opportunity for a self-test to
experience the numerous benefits of ADVASEAL HSM in growing their
produce."
"Our ADVASEAL HSM is the first of a pipeline of crop protection
agricultural films we anticipate developing and bringing to market
in not a so far future," commented Joe
Abbandonato, President & CEO of Imaflex. "This new class
of crop protection film product should have a profound impact on
sustainable fruits and vegetables production across the globe."
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Statement on Forward Looking Information
Certain information included in this press release constitutes
"forward-looking" statements within the meaning of Canadian
securities laws. Forward-looking statements are necessarily based
upon a number of estimates and assumptions that, while considered
reasonable by the management of the Corporation, are inherently
subject to significant business, economic and competitive
uncertainties, risks and contingencies. The Corporation cautions
the reader that such forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause the
actual financial results, performance or achievements of Imaflex to
be materially different from the Corporation's estimated future
results, performance or achievements expressed or implied by those
forward-looking statements and that the forward-looking statements
are not guarantees of future performance. These statements are also
based on certain factors and assumptions. For more details on these
estimates, risks, assumptions and factors, see the Corporation's
most recent Management Discussion and Analysis filed on SEDAR. The
Corporation disclaims any obligation to update or revise any
forward-looking statements, whether as a result of new information,
events or otherwise, except as expressly required by law. Readers
are cautioned not to put undue reliance on these forward-looking
statements.
SOURCE Imaflex Inc.