CHESTNUT RIDGE, N.Y., May 9, 2019 /PRNewswire/ -- BioHiTech Global, Inc. ("BioHiTech" or the "Company") (NASDAQ: BHTG), a technology and services company that provides cost-effective and sustainable waste management solutions, today announced that it has received an initial multi-unit product order for its new BioHiTech Sapling® food waste digester from a regional grocery chain operating 19 locations in three Northeastern states.
The Sapling Digester is a larger capacity addition to BioHiTech's line of Revolution Series™ Digesters. The Revolution Series of Digesters provide a cost-effective, regulatory-compliant food waste disposal solution that aligns well with the sustainability vision of today's businesses. BioHiTech's Digester technology safely disposes food waste on-site, eliminating hauling costs and reducing pest-related issues typically associated with traditional disposal methods. Each Sapling Digester is capable of diverting up to 800 pounds per day or 146 tons from landfills each year. The six Sapling units to be installed at these grocery locations, are capable of diverting from landfills as much as 1,750,000 pounds of food waste each year. The elimination of waste transportation would result in a reduction of CO2 emissions by the equivalent of removing over 120 trucks from the road.
Additionally, BioHiTech's Digester technology provides valuable real-time data analytics through the BioHiTech Cloud® that will enable food waste diversion tracking and potentially find areas to reduce food waste generation. This data transparency allows organizations to educate staff and the community about the real impact of food waste diversion programs by embedding accurate, real-time data into company newsletters, onto their consumer-facing websites and digital signage platforms.
BioHiTech's digester technology was recently featured by Forbes. A link to the article can be found at: https://www.forbes.com/sites/kateharrison/2019/04/22/the-philadelphia-eagles-are-addressing-the-landfill-crisis-with-this-tech-your-company-could-too/#1ee489cc31a8.
"We are excited about the launch of our new Sapling Digester for cost-effective and sustainable food waste disposal, as well as receiving our first order from the regional grocery chain," said Frank E. Celli, Chief Executive Officer of BioHiTech Global. "Food waste disposal causes a unique set of problems including, pests, odors, and expensive transportation costs. Our technology solves these problems in a way that is environmentally responsible and cost-effective. We continue to build momentum as companies search for alternatives to an unsustainable status quo and look forward to rolling out our new larger capacity Sapling Digesters to the grocery and other higher volume markets."
About BioHiTech Global
BioHiTech Global, Inc. (NASDAQ: BHTG), is changing the way we think about managing waste. Our cost-effective technology solutions include the patented processing of municipal solid waste into a valuable renewable fuel, biological disposal of food waste on-site, and proprietary real-time data analytics tools to reduce food waste generation. Our unique solutions enable businesses and municipalities of all sizes to lower disposal costs while having a positive impact on the environment. When used individually or in combination, our solutions lower the carbon footprint associated with waste transportation and can reduce or virtually eliminate landfill usage. For more information, please visit www.biohitech.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.
SOURCE BioHiTech Global, Inc.