PALM BEACH, Fla. — Vegalab, Inc. (“the Company”), (OTCQB: VEGL) an industry leader in the burgeoning market for Earth friendly agrochemicals, today announced the introduction of its reformulated Mildew Control product. Mildew Control is a natural geraniol based pesticide that uses this essential plant oil in a formulation which, is both curative and preventative against downy mildew, and many forms of powdery mildew, on a wide variety of crops. The new formulation doubles the dilution ratio to as high as 2,500:1, with no decrease in efficacy. The improved dilution ratio reduces the cost per application by almost half, making Vegalab’s Mildew Control cost competitive with other manufacturers’ mildew control products, while providing the superior efficacy and environmentally friendly attributes the Company’s customers have come to expect from its products.
David Selakovic, CEO of Vegalab said, “Mildew is a serious problem in multiple crops throughout the world. Primarily we see a huge opportunity in the berry, tomato, fresh vegetable and the grape markets. Our Mildew Control provides excellent mildew suppression, even during periods of peak infection, while eliminating the concern of flaccid berries caused when using our competitors’ materials currently on the market. With our new pricing and proven efficacy, we expect to see rapid acceptance among grape growers for our new formulation, and a corresponding increase in future sales of the product. This new formulation is an example of Vegalab’s innovation, as well as our commitment to constantly improve our natural, environmentally friendly product line.”
The improved Mildew Control formulation and its benefits were made possible using nanotechnology and advanced adjuvants. The product is a liquid formulation that is applied to plants as a foliar spray. It is EPA-approved under FIFRA Section 25(b) as a minimum risk pesticide.
About Vegalab, Inc.
Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products. Vegalab’s pesticides are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment. Vegalab products support a healthy soil biome and are cost competitive with synthetic chemicals that do just the opposite.
Safe Harbor for Forward-looking Statements
This news release may contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company’s progress, business opportunities, and growth prospects, they are based on management’s current beliefs and assumptions as to future events. However, since the company’s operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated, or implied. For a more complete discussion of such risks and uncertainties, please refer to the company’s filings with the Securities and Exchange Commission.
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