Converted Organics to Showcase LC 1-1-1 Fertilizer at Annual Wisconsin State Cranberry Growers Association Trade Show

Converted Organics to Leverage Success with Massachusetts Cranberry Growers in Wisconsin, the Largest Cranberry Producing State in the U.S.


BOSTON, Aug. 6, 2010 (GLOBE NEWSWIRE) -- Converted Organics Inc. (Nasdaq:COIN) announced today that the company will be exhibiting Converted OrganicsTM LC 1-1-1 fertilizer at the annual Wisconsin State Cranberry Growers Association (WSCGA) Summer Meeting and Trade Show, taking place in Tomah, WI on August 10, 2010. The WSCGA Field Day and Trade Show are well attended by industry leaders, including growers, distributors and other key decision-makers in the purchase of crop production inputs, such as fertilizer.

"Our LC 1-1-1 fertilizer product has been well received by Massachusetts cranberry growers, with sales in 2010 to date increasing four-fold over the same period in 2009," said David A. Flannery, Converted Organics' Vice President of Marketing. "We believe we can replicate this success in Wisconsin, the nation's largest cranberry producer, which accounted for four million barrels, or 56% of the total U.S. cranberry production in 2009." 

Massachusetts cranberry growers have reported positive results from the use of Converted OrganicsTM LC 1-1-1, including: increased disease suppression; greater vine growth and higher yields on two year-old bogs; and overall higher-quality yields with less rot. Converted OrganicsTM LC 1-1-1 is currently being used by several cranberry growers, including Morse Brothers, Inc., the largest grower for Ocean Spray Cranberries, Inc.  

Along with exhibiting at the WSCGA Trade Show, Converted Organics is advertising in the monthly WSCGA Newsletter which reaches all WSCGA grower and associate members. The company is also featured in the WSCGA Annual Buyer's Guide and Program Book.

About Converted Organics Inc.

Converted Organics (Nasdaq:COIN) (www.convertedorganics.com) is dedicated to producing high-quality, all-natural, organic soil amendment and fertilizer products through food waste recycling. The Company uses its proprietary High Temperature Liquid Composting (HTLC) system, a proven, state-of-the-art microbial digestion technology, to process various biodegradable food wastes into dry pellet and liquid concentrate organic fertilizers that help grow healthier food and improve environmental quality. Converted Organics sells and distributes its environmentally-friendly fertilizer products in the retail, professional turf management, and agribusiness markets.

The Converted Organics Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7431

About the Wisconsin State Cranberry Growers Association (WSCGA)

Founded in 1887 to serve the needs of the state's cranberry growers, the Wisconsin State Cranberry Growers Association (WSCGA) is a member-based organization designed to cultivate Wisconsin's cranberry industry and support its growers through useful educational resources, responsible environmental stewardship, sound governmental policies and effective public communications. WSCGA is committed to developing and implementing programs that assist growers in doing a better job of growing cranberries and strengthening public support for cranberry growing in Wisconsin. 

This press release contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. In some cases, you may identify forward-looking statements by words such as "may," "should," "plan," "intend," "potential," "continue," "believe," "expect," "predict," "anticipate" and "estimate," the negative of these words or other comparable words. These statements are only predictions. One should not place undue reliance on these forward-looking statements. The forward-looking statements are qualified by their terms and/or important factors, many of which are outside the Company's control, involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially from the statements made. The forward-looking statements are based on the Company's beliefs, assumptions and expectations of our future performance, taking into account information currently available to the Company. These beliefs, assumptions and expectations can change as a result of many possible events or factors, including those events and factors, not all of which are known to the company, described most recently in the "Risk Factors" section in the Company's most recently filed annual report on Form 10-K. Neither the Company nor any other person assumes responsibility for the accuracy or completeness of these statements. The Company will update the information in this press release only to the extent required under applicable securities laws. If a change occurs, the company's business, financial condition, liquidity and results of operations may vary materially from those expressed in the aforementioned forward-looking statements.



            

Kontaktdaten