Zerez Holdings Corporation announces sale of 6 more 'Quick Deploy System', "SMART by Design™" Greenhouses… paid for in advance
This transaction came as a result of the $1 Million Revenue Contract with co-marketing partner Sweet Leaf Hydroponics, a contract signed less than one month ago.
SACRAMENTO, Calif., March 3, 2017 /PRNewswire/ -- Zerez Holdings Corporation, (OTC PINK: ZRZH) announced today that its subsidiary, Next Generation Farming, Inc., has received a purchase order, and payment in full for six, 30' x 120' 'Quick Deploy Systems', totaling 21,600 sq ft of "SMART by Design™" systems to be delivered on, or before, March 31, 2017. Citing strong positive feedback from recent client tours of Next Generation Farming's demonstration facility, Sweet Leaf Hydroponics President Jay DeSalvatore stated, "Clients are very impressed that this company has real, working facilities that are run by knowledgeable people who show clients exactly what they are going to get. There is no substitute for an in-person demonstration for an investment of this size, and we are very pleased to be partnered with Zerez Holdings Corporation and Next Generation Farming, Inc."
The deal underlines Zerez Holdings and Next Generation Farming's firm position in the rapidly expanding smart greenhouse market, where estimated revenues of $6 billion are forecasted in 2017.
Zerez President John Taylor said, "Leveraging Sweet Leaf Hydroponics' strong retail presence and vast customer base expands our resources to continually reach out to our ideal client. The investment we made in demonstration greenhouses provides us great exposure, shows potential customers that we know our product, and provides an environment for constant customer feedback which allows us to continually improve our designs and efficiency."
Next Generation Farming recently made the decision to begin manufacturing major components in-house with the assistance of a Northern California manufacturing partner. According to Vice President Don Smith, "The move was precipitated by delays in material deliveries from existing greenhouse manufacturers who simply cannot keep up with our orders and demand. I do not know whether they see us as a major competitive threat, or, are simply not prepared to capitalize on this market the way we are." John Taylor added, "We know the smart greenhouse market needed a way to reliably produce greenhouses at an ever-increasing rate and now we can do just that. The smart greenhouse market for both food and cannabis expands daily, and we are determined to be the preferred provider and hold a significant piece of that market share."
About Zerez Holdings:
Zerez Holdings Corporation, (OTC PINK: ZRZH) is a public equity corporation focused on the advanced agriculture and cannabis industries with plans to grow through acquisition, strategic alliances, and proprietary intellectual property. The company's wholly owned subsidiary, Next Generation Farming Inc., provides turnkey commercial greenhouses and automation systems that improve yields and decrease water consumption for cultivators of organic food and cannabis crops. The company's websites are www.zerezholdings.com and www.nextgen.farm.
Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.
Contact:
Zerez Holdings Corporation
Don Smith, Vice President
(424) 732-7646
SOURCE Zerez Holdings Corporation
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