InvestorNewsBreaks – N2OFF Inc. (NASDAQ: NITO), Subsidiary Expand Footprint with First-Ever Order from a Peruvian Customer

June 17, 2024 11:33:29

N2OFF (NASDAQ: NITO) (FSE: 80W) (formerly known as Save Foods Inc.), a pioneer agrifood tech company offering sustainable solutions for agriculture and plant-based food, and its subsidiary Save Foods Ltd., have received an initial purchase order from a customer in Peru. Calling this first order “particularly exhilarating, given the remarkable growth of Peruvian agricultural exports on the global stage,” the company noted that the country’s agricultural exports have grown from $645 million in 2000 to approximately $10.5 billion last year. The order came from a leading grower, packer and distributor of avocados. The purchase order was received after the success of Save Food’s first commercial implementation of its solution earlier this year; the company’s proprietary solution is designed to control pathogen contamination and prolong the shelf life of fresh produce while reducing the use of hazardous chemicals. “The Latin American market represents a tremendous opportunity for Save Foods,” said N2OFF CEO David Palach in the press release. “With many countries in the region at the forefront of the global fresh-produce market, we believe our products hold immense potential, whether utilized post- or near harvest.”

To view the full press release, visit https://ibn.fm/Ng125

About N2OFF Inc.

N2OFF (formerly known as Save Foods Inc.) is an innovative agrifood tech company that through its three operational arms delivers integrated solutions for improved safety, quality and sustainability every step of the way from field to fork. Save Foods Ltd., N2OFF’s majority-owned Israeli subsidiary, focuses on post-harvest treatments in fruit and vegetables to control and prevent pathogen contamination, significantly reduce the use of hazardous chemicals and prolong fresh produce’s shelf life. NTWO OFF Ltd., N2OFF’s majority-owned Israeli subsidiary, contributes to tackling greenhouse-gas emissions, offering a pioneering solution to mitigate nitrous oxide (“N2O”) emissions, a potent greenhouse gas with 265 times the global warming impact of carbon dioxide. NTWO OFF aims to promote agricultural practices that are both environmentally friendly and economically viable. N2OFF also has a minority ownership in Plantify Foods Inc., a Canadian company listed on the TSX.V that offers a wide range of clean-label healthy food options that are nutritious, gluten free and nonallergenic and that use whole natural ingredients and are easy to prepare. For more information about the company, please visit www.N2OFF.com.

NOTE TO INVESTORS: The latest news and updates relating to N2OFF are available in the company’s newsroom at https://ibn.fm/NITO

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