Forterra Environmental Receives Order from ATI for Purchase of 250 Tons of
Castings Through End of 2009
- Agriculture Technology Incorporated will blend Forterra's worm castings into its Eco-Soil products for sales through retail outlets across Canada.
PUSLINCH, ON,
"After reviewing the agronomic benefits of your worm casting products, we feel that blending Forterra worm castings into our Eco-Soil product line-up will distinguish our products from those of our competitors,"
"We are positioning our Eco-Soil products as being premium, nutrient-rich, environmentally friendly compost material for landscaping, gardening, lawn care, and green houses. We expect that the inclusion of Forterra's worm castings will enhance the Eco-Soil line-up of products. We look forward to working with Forterra this year and in the future on branding and further product research,"
ATI has informed Forterra that it already has standing orders for a total of 500,000 bags of its Eco-Soil (www.ecosoils.ca) products from national and regional distributors for both independently owned and big box garden centers. Based on the blending mix, ATI has estimated it will require approximately 250 tons of worm castings to fulfill these orders.
Agriculture Technology Incorporated (www.aticanada.ca), headquartered in Ruthven, Ontario, was founded by
"We are very excited about partnering with Agriculture Technology Incorporated, particularly as through the Eco-Soil product line it gives Forterra access to four of the largest retailers of garden and agriculture supplies in
"This is the order that we indicated in our
About Forterra Environmental Corp.
Forterra manufactures, markets, and sells environmentally friendly soil enhancers, using worm castings, which boost fertility while restoring the soil with organic matter for sustainable, longer-term benefits, including stronger root growth, and drought and pest resistance. Forterra products contain only organic material. They are ideal for golf courses, sports fields, lawn care, parks, nurseries, orchards, and vineyards. Essentially, Forterra uses red wriggler worms to convert organic material into vermicompost or worm castings. Worm castings contain micronutrients, which are required for healthy plant development. Worm castings also contain microbes, which increase the rate at which plants take up available macronutrients and micronutrients. Further information is available on the company's website at www.forterra.com.
Forward-Looking Statements
This news release contains forward-looking statements based on current expectations. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Such statements are based on current expectations, are subject to a number of uncertainties and risks, and actual results may differ materially from those contained in such statements. These uncertainties and risks include, but are not limited to, availability of resources, competitive pressures, changes in market activity, the ability to sign contracts with customers, the development of markets for worm castings, its ability to breed and maintain a sufficiently large worm population, and regulatory requirements. Risks and uncertainties about Forterra's business are more fully discussed in the company's disclosure materials, including its annual information form and MD&A, filed with the securities regulatory authorities in
Neither the TSX Venture Exchange Inc. 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.
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For further information: Investor and Media Relations, Richard W. Wertheim, Wertheim + Company Inc., Email: [email protected], (416) 594-1600, (416) 518-8479 (cell)
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