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Thursday, 07/15/2010 9:30:30 AM

Thursday, July 15, 2010 9:30:30 AM

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COIN news...Leading Massachusetts Cranberry Grower Morse Brothers Uses Converted Organics to Supply Fruit to Ocean Spray

9:23 AM ET 7/15/10 | GlobeNewswire
Converted Organics Inc. (Nasdaq:COIN) announced that it has received an order of its Converted Organics LC 1-1-1(TM) liquid organic fertilizer from its distributor R.A.S.P. of Carver, MA to be utilized by Morse Brothers, Inc., a leading cranberry grower, and Massachusetts' largest fresh fruit supplier to Ocean Spray.

R.A.S.P's orders of Converted Organics LC 1-1-1 liquid organic fertilizer have increased four-fold in 2010. Morse Brothers reported positive results from the use of Converted Organics' LC 1-1-1 liquid organic fertilizer in 2009. The company achieved favorable results for hard-to-grow first year varieties such as Ben Lear cranberries with yields of 200 barrels to the acre. They also reported that less than five percent of the crop was affected by berry rot, a disease common to commercially-grown fruits which can lead to major crop losses.

"Morse Brothers is dedicated to providing customers such as Ocean Spray with the highest-quality cranberries possible to meet consumer demand. Cranberries are a unique crop that requires optimal nutrition, which is why increasingly more growers are using Converted Organics LC 1-1-1 to improve cranberry yields and quality while also lowering costs," said David A. Flannery, Vice President of Marketing for Converted Organics. "Our liquid fertilizer is resulting in healthier plants and markedly improved yields in terms of barrels produced per acre. Growers are even reporting that two-year old bogs are bearing fruit when our liquids are used, which is an atypical, yet very positive occurrence."

Converted Organics OMRI-listed organic fertilizers are produced from recycled food waste. Converted Organics LC 1-1-1(TM) is specially formulated to provide growers with a high-quality fully pasteurized liquid compost that stimulates microbial activity in the soil. The product provides mineral nutrients, amino acids and bioactive components to plants which maximizes growth and suppresses plant diseases.

About Converted Organics Inc.

Converted Organics (Nasdaq:COIN) (www.convertedorganics.com), based in Boston, MA, is dedicated to producing high-quality, all-natural, organic soil amendment and fertilizer products through food waste recycling. The Company uses its proprietary High Temperature Liquid Composting (HTLC) system, a proven, state-of-the-art microbial digestion technology, to process various biodegradable food wastes into dry pellet and liquid concentrate organic fertilizers that help grow healthier food and improve environmental quality. Converted Organics sells and distributes its environmentally-friendly fertilizer products in the retail, professional turf management, and agribusiness markets.

The Converted Organics Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7431

This press release contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. In some cases, you may identify forward-looking statements by words such as "may," "should," "plan," "intend," "potential," "continue," "believe," "expect," "predict," "anticipate" and "estimate," the negative of these words or other comparable words. Forward-looking statements include the ongoing customer demand for the Company's products and the Company's ability to continue to become more efficient in its operations. These statements are only predictions. One should not place undue reliance on these forward-looking statements. The forward-looking statements are qualified by their terms and/or important factors, many of which are outside the Company's control, involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially from the statements made. The forward-looking statements are based on the Company's beliefs, assumptions and expectations of our future performance, taking into account information currently available to the Company. These beliefs, assumptions and expectations can change as a result of many possible events or factors, including those events and factors described in the "Risk Factors" section in the Company's most recently filed annual report on Form 10-K, as updated in the Company's quarterly reports on Form 10-Q filed since the annual report, not all of which are known to the Company. Neither the Company nor any other person assumes responsibility for the accuracy or completeness of these statements. The Company will update the information in this press release only to the extent required under applicable securities laws. If a change occurs, the Company's business, financial condition, liquidity and results of operations may vary materially from those expressed in the aforementioned forward-looking statements.

COIN-G

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Converted Organics Inc.