ANVH (.08) The Anviron Holding Company Awarded $350,000 Contract -- Europe First of Its Kind Usage of AquaSolv as a Pesticide Carrier and Adjuvant Sep 15, 2008 8:30:00 AM Copyright Business Wire 2008 IRVING, Texas--(BUSINESS WIRE)--
The Anviron Holding Company (Pinksheets:ANVH) ("Anviron"), a manufacturer and marketer of "Clean & Green" products and technology, announced today that it has received final approval on a first of its kind product sales contract for $350,000 value of AquaSolv with Geltz-Brunderlock Estates ("GBE").
"This agreement is a major milestone in our Company's progress and growth. This contract represents the first of its kind contract for the use of AquaSolv as a pesticide carrier and adjuvant," said Anika Guntz-Knapp, Senior European Sales Representative for Anviron.
The market for carrier oils and adjuvants in pesticide formulations is estimated by the USDA in excess of $160 million in the USA and more than $528 million worldwide. The use of carrier oils includes mineral oil, diesel oil and vegetable oils. The use of Diesel Oil and mineral oils, even at the relatively low levels used in agricultural applications, is a source of environmental and public concern. "Replacement of petroleum-based oils by AquaSolv is a growing market opportunity for Anviron as petroleum oil prices continue to escalate, and petroleum contamination and poisoning remain a major health concern," said Anika Guntz-Knapp, Senior European Sales Representative for Anviron.
In agricultural use, AquaSolv is readily biodegradable and low in toxicity to both humans and non-targeted wildlife, providing both a worker-safety and environmental advantage. "Support for use of AquaSolv over petroleum products should find wide favor, especially among farmers," said Steve Young, COO of Anviron.
"We have been field-testing AquaSolv, as a carrier for pesticide, under real world conditions over the last few months with dramatic results", said Steve Young COO of Anviron. The use of AquaSolv has been proven to be a direct substitute for both petroleum and vegetable spay oils and surfactants. AquaSolv has also been proven to improve the efficiency of some pesticides in field trials.
Anviron is a company dedicated to bringing to market "Clean Solutions to Complex Problems" by offering a wide range of biodegradable, environmentally friendly products and technologies that will substitute for many of the hazardous chemicals commonly used all over the world. For information about Anviron and its product offerings visit us on the web at www.anviron.com.
This press release contains forward-looking statements regarding Anviron within the meaning of Section 27A of the Securities Act of 1933 as amended, as such, may involve risks and uncertainties. Such statements are based on management's current expectations and cannot be guaranteed. The forward-looking statements discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors affecting Anviron. Forward-looking statements speak only as of the date on which they are made and Anviron undertakes no obligation to publicly revise any forward-looking statement based on the result of new information, future events, or otherwise.
Source: The Anviron Holding Company
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