HOUSTON, Nov. 6, 2002 (PRIMEZONE) -- IPOdesktop.com, in the first of an expected series of Internet radio reports featuring HumaTech, Inc. (OTCBB:HUMT), today interviewed the company's President & CEO, David Williams, about the firm's anticipated continued expansion of worldwide sales and distribution. HumaTech manufactures and distributes organic-based nutrients for animals, as well as humate-based fertilizers for growers of agricultural crops, golf course maintenance and commercial landscapers, as well as mass merchandisers and independent nurseries in the lawn and garden market.
Williams was interviewed by the show's host, Francis Gaskins, Editor of IPOdesktom.com. Listeners may hear the interview by accessing it through RealAudio at http://gaskinsco.com/humt.ram or through Windows Media at http://gaskinsco.com/humt.asx.
During the program, the CEO discusses the early development of the company, including his initial efforts to sell organic fertilizer to farmers beginning in 1978, leading up to HumaTech's leadership position today. He explains how ongoing developments in organic-based additives for animal feed eventually led to other organic nutrients for agricultural products, commercial landscaping, and the estimated $12 billion retail lawn and garden market, of which fertilizers today are estimated to represent as much as a third of all sales. Williams reports that the company expects that by next year its products will be carried in more than 200 stores, primarily in the Western and Southwestern U.S.
He also explains the importance of the foreign market, how the company is now exporting its products to some 15 countries, and describes the strategic ties of HumaTech with leading agricultural institutions such as Texas A&M and Texas Tech.
HumaTech, Inc. manufactures all natural nutrient solutions for plants and animals, produced from a proprietary process described as "Iso-Molecular" technology. The company markets Promax(r) to the animal feed industry, and also has an extensive agricultural product line, which it markets in the USA and Europe, as well as its newly developed Organic Advantage(r) retail product line, which consists of 12 organic-based liquid products ranging in size from a 4 ounce Planting Solution to a 2-1/2 gallon Lawn Food.
Certain information contained in this news release may include 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. While these statements are made to convey the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Actual company results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. A more extensive listing of risks and factors that may affect the business prospects of the company and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission.