Yofumo Announces Agreement with Agrointec SL, Preeminent Spanish Food R&D Technology Company, to Expand Yofumo's Technology Portfolio to the World's Natural Food Supply Ecosystem

DENVER and ALMERIA, Spain, Jan. 15, 2019 /PRNewswire/ -- Yofumo Technologies and Agrointec signed an agreement to develop a high-quality cleaning process to pack clean seeds, free of bacteria and fungus, avoiding the use of chemicals and other non-natural solvents that can harm seed quality. It represents the first of multiple new agreements to be announced shortly, expanding Yofumo's penetration well beyond cannabis and across multiple other application formats.

As part of its strategy to transform all areas of agriculture post-processing with natural, non-residual capabilities, Yofumo will adapt its technology to address industrial packaging and manufacturing lines in both batch and continuous processing as part of the agreement. Agrointec's R&D division will ensure all research and trials comply with both UE and FDA requirements, and follow the most critical health, safety and quality regulations free of feedstock or chemical processing.

"Yofumo's agreement with Agrointec is a first-of-its-kind collaboration to deliver on our strategic commitment to implement and develop natural and organic processes and technologies for the global food industry," said Yofumo CEO Alfonso Campalans. "We started with Cannabis and will continue to serve this growing industry for medical and recreational use. However, Yofumo is focused on all agricultural applications, and we are delighted to be working with market leaders such as Agrointec as we deliver on the promise of our technology."

"We are thrilled to be the first mover leveraging Yofumo's technology for non-residual, organic, post-harvest processes within the seed industry," said Agrointec CEO, Angel Leo-Revilla.

The agreement between Yofumo and Agrointec includes the following primary objectives, working first on seeds from tomatoes, cucumbers, eggplants, peppers and watermelon:

• Identify optimized applications of Yofumo's technology for disinfection and seed treatment
• Scale the disinfection system in order to treat large-scale industrial production
• Incorporate Yofumo technology and IOT network controls into already existing products and devices
• Explore other possible lines of collaboration for the development of fresh vegetable treatment processing under proprietary guidelines between the two companies

"As with every project undertaken by Yofumo from its founding, we will focus on large-scale data and analysis with each new process and adaptation, and look forward to an intense learning and development program with Agrointec. This includes not only industrial applications, where Yofumo has a proven track record of innovation and success, but also the consumer side where preventative measures are increasing in need and demand around the world," said Yofumo CMO Victor Sevillano. "Several other agreements are also underway to leverage Yofumo's technology in large-scale industrial packaging, shipping and storage to mitigate bacterial, fungus and pest contamination from horticultural production."

About Yofumo
Yofumo Technologies aims to become the world's leader in organic non-residual, post-processing for consumable biomass. The company refines all aspects of the harvest-to-consumption model in ways never before possible. With already-built, patented technology and techniques, and refined and established critical protocols for compliant use, Yofumo is successfully applying its solutions across 9 states, including Hawaii, exporting to Canada and Uruguay, and moving into broader agricultural application for the global food industry. For more information please visit www.yofumo.com.

About Agrointec
Agrointec Solutions SL, is a technology-based company, which targets the agri-food sector with innovative and state-of-the-art solutions to support companies and entities in this sector in promoting, enhancing and improving their productivity and operations. R&D is part of its DNA and is based on a triple approach: innovation (to conceptualize and develop specialized equipment and high-performance solutions), knowledge (to improve, transform, optimize and automate and digitize agro-industrial processes), and the service (to generate real value to companies in the agri-food ecosystem). For more information please visit www.agrointec.com/en/

Media Contact
Megan Lozito
Head of Communications, Yofumo
megan@meganlozito.com

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SOURCE Yofumo Technologies