CHESTNUT RIDGE, N.Y., June 14, 2016 /PRNewswire/ -- BioHiTech Global, Inc. ("BioHiTech") (OTCQB: BHTG), a green technology company that provides innovative data-driven solutions for food waste disposal, expanded its relationship with Flexi Systems (Singapore) Pte. Ltd ("Flexi Systems"), a related company of Enerprof Pte Ltd ("Enerprof"), with an exclusive multi-year agreement to continue distribution of its Eco-Safe Digester and BioHiTech Cloud solution throughout Singapore, Malaysia, and Indonesia.
Enerprof advises businesses in Southeast Asia to achieve cost savings and carbon footprint reductions via the usage of energy efficient and environmentally friendly technologies. In addition to Singapore, Enerprof also serves the growing Malaysian and Indonesian markets. As a member of Waste Management and Recycling Association of Singapore (WMRAS), Enerprof taps into the myriad of expertise within its member network to deliver comprehensive waste management solutions.
BioHiTech's solution for the disposal of food waste is based on data and analytics that help drive smarter business decisions. BioHiTech's on-site Eco-Safe Digester® is equipped with an onboard scale that weighs food waste each time it is added, determining where, when, and what food waste is being disposed. This insight into the waste stream provides an unprecedented level of transparency that affords businesses with the data needed to optimize their food waste disposal process and identify ways to prevent it altogether.
Flexi Systems saw the value in BioHiTech's products and the opportunity to utilize a disposal technology that includes waste analytic software to track, monitor and analyze kitchen waste to increase profit margins and lower overall waste levels. Flexi Systems has been distributing the Eco-Safe Digester since January of 2015 under a reseller agreement. The terms of the agreement include an initial purchase order to meet the needs of Enerprof's new customers with annual commitments for the duration of the agreement.
According to Singapore's National Environment Agency (NEA), the amount of food waste generated in Singapore has increased by 48% over the past 10 years. Singapore generated enough food waste in 2014 to fill 786 Olympic- size swimming pools. The amount soared to 869,282 tons, a 48% rise from 452,027 tons in 2004, outpacing the 19.2% growth in population during the same period.
"We believe that BioHiTech's technology is not only cost-effective for our customers, but consistent with the efforts in Singapore to find environmentally efficient waste disposal options for businesses," stated Owen Yeo, Business Development Manager of Flexi Systems. "We have only one landfill in Singapore at Pulau Semakau. Although all waste is incinerated prior to the ash being sent for landfilling, our offshore landfill still has limited capacity and will be full in the near future. We need to undertake innovative measures to deal with our waste. We plan to saturate the market with this advanced technology."
"We are thrilled to expand our relationship with Flexi Systems and view them as a valuable partner in the Southeast Asian market," said Frank E. Celli, CEO of BioHiTech Global. "The BioHiTech team looks forward to supporting their efforts and expanding on the existing customer base already in place. Our network of connected digesters and mobile applications provide us with the ability to deliver improved transparency to waste creation as well as the ability to support multiple units deployed throughout the world."
Flexi Systems will be exhibiting BioHiTech's waste disposal solutions at the upcoming Clean Enviro Summit, July 10-14 at the Sands Expo & Convention Centre in Singapore. For more information about the event please visit, www.cleanenvirosummit.sg.
About BioHiTech Global
BioHiTech Global (OTCQB: BHTG), "The Company" headquartered in Chestnut Ridge NY, develops and deploys innovative and disruptive waste management technologies. The combined offerings of BioHiTech Global offer our customers a full suite of technology based disposal options capable of having a significant impact on waste generation while providing a true zero landfill environment. With options for both on and off site biological treatment of waste, BioHiTech Global is a leader in zero waste solutions for businesses and municipalities. For more information, please visit www.biohitechglobal.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 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.
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SOURCE BioHiTech Global, Inc.