- Transition enables the Company to significantly expand plant experiments, while extending experiment duration and increasing the variety of plants in experiments
REHOVOT, Israel, Aug. 3, 2011 (GLOBE NEWSWIRE) -- Rosetta Green Ltd. ("Company") (TASE:RSTG), which develops improved crop traits for the agriculture and alternative fuels industries using unique genes called microRNAs, announced its transition to new facilities in the city of Rehovot, Israel. The transition will significantly expand research and development activities of the Company.
The new facilities and offices, measuring approximately 866 square feet, will enable the Company to significantly expand its experiments with plants, extend the duration of the experiments, as well as increase the variety of plants in experiments.
About Rosetta Green
Rosetta Green Ltd. develops improved plant traits using innovative genes called microRNAs for the agriculture and biofuel industries. The Company specializes in the identification and use of these unique genes that function as "main bio-switches" to control key processes in major crops such as corn, wheat, rice, soybean, cotton, canola and algae. Rosetta Green's current trait development portfolio includes improved abiotic stress tolerance, increased yield, improved nitrogen use efficiency, improved cotton fiber quality, increased yield for canola and soybean, increased oil content in algae, castor bean and canola for the biofuel industry and improved algal traits for various industrial applications. Rosetta Green completed an IPO on the Tel Aviv Stock Exchange in February 2011 (TASE:RSTG). For additional information please visit Rosetta Green's website at www.rosettagreen.com.
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This press release contains "forward-looking statements." These statements include words like "may," "expects," "believes," "scheduled," "potentially" and "intends," and they describe opinions about future events. These forward-looking statements involve known and unknown risks and uncertainties that may cause the actual results, performance or achievements of Rosetta Green Ltd. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.