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PSVI ( .10 ) Multi-Billion $$$ Industry !!!
Preservation Sciences' Breakthrough All-Natural Agricultural Product Shown in New Research to Kill Citrus Tree Canker Disease
Friday , December 15, 2006 16:31ET
ST. PETERSBURG, Fla., Dec 15, 2006 (BUSINESS WIRE) -- Preservation Sciences, Inc. (Pink Sheets: PSVI), discovering new technologies through natural resources, announced today that an independent scientific study has demonstrated that its agricultural antimicrobial product Canker Kill(TM) successfully killed virtually all of the bacteria that causes citrus canker, a devastating tree disease responsible for billions of dollars in damages to the world's orange juice and citrus trees, among other important crops.
The U.S. Department of Agriculture recently granted technical clearance for experimental use of Canker Kill in treatment of citrus canker. An independent lab, ABC Research in Gainesville, Florida, conducted controlled multi-lab tests of Canker Kill(TM), generating new data demonstrating the effectiveness of the Preservation Sciences antimicrobial product.
The experiments showed near-total suppression of the Xanthomonas bacteria, which is responsible for the citrus canker that has caused billions of dollars in damages to the nation's citrus crops. In the tests, Preservation Science's patent-pending Canker Kill(TM) product was effective at killing 99.995 percent of the canker bacteria, with a 98.84 percent reduction of mean canker counts following a five-minute exposure time.
Canker Kill(TM) is a natural, environmentally safe product developed by Preservation Sciences that treats citrus canker. Derived from citrus, the product has the potential to be absorbed by orange trees, but can be used to fight the canker disease that threatens grapefruit, lemon and other citrus tree crops.
"We are working with growers and researchers in Florida to test the impact on infected trees," said Gary L. Harrison, Chief Executive Officer of Preservation Sciences. "At about $9 billion, citrus is the second largest industry in Florida, and the entire industry is concerned about the impact of canker. We are hopeful that we can give Florida growers a safe product that will treat canker. Worldwide, the citrus industry has the same concerns."
The test report, which was supervised by Dr. Ken Kennedy, Vice President of Research Microbiology at ABC Research, tested a culture of Xanthomonas campestris pv. citrumelo obtained from the Department of Plant Industry and the Florida Department of Agriculture and Consumer Services.
Citrus canker is a disease that causes lesions on the leaves, stems and the fruit of citrus trees, including limes, oranges and grapefruit. While not harmful to humans, canker significantly affects the vitality of the fruit, causing the leaves and fruit to drop prematurely. A fruit infected is safe to eat but too unsightly to be sold in the common market. The disease is extremely persistent when it becomes established in an area, presently making it necessary for all citrus orchards to be destroyed at a significant cost in countries such as Australia, Brazil and the United States.
Since 1998, more than 870,000 trees in Florida alone have been destroyed in conjunction with eradication programs. The University of Florida Extension Service has estimated that if citrus canker became endemic in Florida, the total cost for countering endemic citrus canker, including the use of copper based sprays, could be more than $300 per acre.
About Preservation Sciences, Inc.
Preservation Sciences is a next-generation environmental research and development company capitalizing on the world-wide demand of eco-friendly products and solutions. The Company has leveraged world class international research and development initiatives to produce an industry-leading intellectual property and product portfolio providing competitively advantageous, healthier and superior solutions for multibillion-dollar agriculture, food and industrial market segments. The Company's product portfolio currently includes the natural food preservatives NuPreserv 2000(TM) and Natural Choice(TM), a first-in-class agricultural antimicrobial product to protect the multibillion dollar citrus industry Canker Kill(TM) from agricultural disease. Industrial products include Flash OFF(TM) and Extend X, both cutting-edge green products that target the $276 billion industrial rust prevention market. PSVI is positioned to capitalize on emerging opportunities from growing consumer demand to create environmentally responsible products.
Statements contained in this press release that are not historical facts are forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to risks and uncertainties which could cause actual results to differ from the forward-looking statements contained in this release and which may affect the Company's prospects in general.
SOURCE: Preservation Sciences, Inc.
Preservation Sciences, Inc. Emery Ellinger, 727-526-9500 or Financial Communications Trilogy Capital Partners Paul Karon, 800-592-6067 paul*trilogy-capital.com
Copyright Business Wire 2006
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Saw this stock on another website today as a " Monday Morning Alert ". Thats' a good sign since they are the same group that came out with APPI back in early November. Should be good for a pop to start the week ... IMHO
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quote:Originally posted by Average Joe: Good volume spike on Thur. & Fri. Last time volume spiked like this in August, pps ran from .085 to .175 .... could move Monday .... IMHO
New to this board but been following for awhile. I followed your comments on APPI and made some green so I'll try to get in on this. What website did you see this on ??
-------------------- " Whoever says money can't buy happiness, doesn't see the smile on my face "
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Preservation Sciences Establishes Strategic Business Alliance with Richard Parks Technologies to Address Military and Industrial Markets
Wednesday, December 20, 2006 16:01ET
ST. PETERSBURG, Fla., Dec 20, 2006 (BUSINESS WIRE) -- Preservation Sciences, Inc. (Pink Sheets:PSVI), discovering new technologies through natural resources, today announced the formation of a strategic business relationship with Richard Parks Corrosion Technologies (RPCT), Inc. to expedite the approval of the Company's lead industrial product with the United States Navy, major shipyards and other relevant marine industry companies.
Based in Garrison, Virginia, RPCT is a material science-focused company currently engaged in a variety of state-of-the-art corrosion engineering and consulting projects, with long-standing ties with the U.S. Navy.
Flash OFF was developed by PSVI as a rust inhibitor that not only prevents the rust from forming with significant advantages in performance over competing products, but is biodegradable and safe for the environment. The product is designed to target the estimated $276 billion direct cost of metallic corrosion in the United States from infrastructure and transportation to production and manufacturing. Flash OFF is an environmentally safe product that has shown to be effective at controlling corrosion, reducing cycle times and significantly cutting expenses and other losses resulting from flash rust.
"We are thrilled to have Richard Parks and his company on board with us," said Gary Harrison, Chairman and Chief Executive Officer of Preservation Sciences. "We have obtained numerous coating company approvals for Flash OFF, and are progressing in our initiative to deliver our innovative and competitively advantageous product for the U.S. Navy's critical applications. We believe that Rich, with his thirty-plus years working in the Navy, can provide the guidance we need to secure government approval."
Flash OFF addresses the unique anti-corrosion challenges for naval and ship maintenance and protection.
"Our company is excited about this new technology," said Mr. Parks, President and Chief Executive Officer of RPCT. "After spending my career with the Navy, and particularly in the corrosion group at NAVSEA, I understand the challenge that shipyards have in coating within a four-hour window of time before corrosion begins on unprotected surfaces. Flash OFF eliminates the need to paint so quickly, and therefore can provide the Navy and other end-users tremendous cost savings. The industry is desperately looking to save money, and Flash OFF can be a major cost saving product."
Preservation Sciences delivers timely, high-margin products that provide in-demand, environmentally-friendly solutions to a variety of tier one corporate clients. The Company's international research and development capabilities leverages state-of-the-art facilities to maintain a market edge by integrating healthier alternatives into their product lines.
About Preservation Sciences, Inc.
Preservation Sciences is a next-generation environmental research and development company capitalizing on the world-wide demand of eco-friendly products and solutions. The Company has leveraged world class international research and development initiatives to produce an industry-leading intellectual property and product portfolio providing competitively advantageous, healthier and superior solutions for multibillion-dollar agriculture, food and industrial market segments. The Company's product portfolio currently includes the natural food preservatives NuPreserv 2000(TM) and Natural Choice(TM), a first-in-class agricultural antimicrobial product to protect the multibillion dollar citrus industry Canker Kill(TM) from agricultural disease. Industrial products include Flash OFF(TM) and Extend X, both cutting-edge green products that target the $276 billion industrial rust prevention market. PSVI is positioned to capitalize on emerging opportunities from growing consumer demand to create environmentally responsible products.
Statements contained in this press release that are not historical facts are forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to risks and uncertainties which could cause actual results to differ from the forward-looking statements contained in this release and which may affect the Company's prospects in general.
SOURCE: Preservation Sciences, Inc.
Preservation Sciences, Inc. Emery Ellinger, 727-526-9500 or Financial Communications Trilogy Capital Partners Paul Karon, 800-592-6067 paul*trilogy-capital.com
Copyright Business Wire 2006
-------------------- " Cash is King "
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