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Argentina grants AgroFresh registration approval for new Harvista™ 1,3 SC technology

New water-based formulation will help more growers pick fruit at peak quality


News provided by

AgroFresh Solutions, Inc.

Aug 24, 2016, 07:00 ET

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PHILADELPHIA, Aug. 24, 2016 /PRNewswire/ -- AgroFresh Solutions, Inc. (NASDAQ: AGFS) announces a new formulation of Harvista™ pre-harvest technology to help apple and pear growers in Argentina gain a competitive edge. Argentina's Servicio Nacional de Sanidad y Calidad Agroalimentaria (SENASA) has granted registration for the new, easier-to-apply Harvista 1,3 SC formulation.

Harvista technology is a pre-harvest application of 1-methylcyclopropene (1-MCP), which inhibits ethylene recognition in fruit for superior fruit quality and improved value from harvest to storage. With Harvista in their orchard management program, apple and pear growers can harvest the fruit at the optimal color, size and internal quality for greater revenue and more profitable operations.

"This is an important formulation approval that we expect will allow AgroFresh to provide Harvista to more growers and on more hectares throughout Argentina," said Jeferson Nunes, Latin America Commercial Director for AgroFresh. "With Harvista 1,3 SC, growers can enjoy the benefits of better quality apples that they can sell at higher prices.

Harvista technology also helps growers manage harvest by allowing flexible picking schedules. Because Harvista extends time on the tree, growers can schedule harvest for highest quality and efficient labor management.

New Harvista 1,3 SC will be available for the 2016-17 season. Argentina is the first Latin American country to grant registration for new Harvista 1,3 SC formulation. Registration is currently pending in Chile.

For more information, visit AgroFresh.com or contact your local AgroFresh representative.

About AgroFresh
AgroFresh Solutions, Inc. (NASDAQ: AGFS) is a global horticultural produce industry leader, providing a portfolio of innovative products and specialty services to maintain the freshness, quality and value of fresh produce and flowers. Its core products include SmartFresh™, the proven post-harvest freshness protection technology for produce; Harvista™, the advanced pre-harvest technology for apples and pears; RipeLock™, the innovative post-harvest quality system for bananas; and LandSpring™, an innovative pre-planting transplant shock reduction application for tomatoes and peppers. AgroFresh currently operates commercially in more than 40 countries and employs more than 170 people worldwide. For more information, visit www.AgroFresh.com.

Forward-Looking Statements

In addition to historical information, this release may contain "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this release that address activities, events or developments that the Company expects or anticipates will or may occur in the future are forward-looking statements and are identified with, but not limited to, words such as "anticipate", "believe", "expect", "estimate", "plan", "outlook", and "project" and other similar expressions (or the negative versions of such words or expressions). Forward-looking statements include, without limitation, information concerning the Company's possible or assumed future results of operations, including all statements regarding anticipated future growth, adoption of the Company's products, business strategies, competitive position, industry environment, potential growth opportunities and the effects of regulation. These statements are based on management's current expectations and beliefs, as well as a number of assumptions concerning future events. Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's management's control that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks include, without limitation, the risk of increased competition; the ability of the business to grow and manage growth profitably; changes in applicable laws or regulations, and the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors. Additional risks and uncertainties are identified and discussed in the Company's filings with the SEC, which are available at the SEC's website at www.sec.gov.

™Trademark of AgroFresh Inc. ©2016 AgroFresh Solutions, Inc. All rights reserved.

SOURCE AgroFresh Solutions, Inc.

Related Links

http://www.agrofresh.com

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