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Solarvest to Launch Proprietary Certified Organic, Omega-3 Children's Product

Tickers: XTSX:SVS
Tags: #AlternativeEnergy




Vancouver, BC - TheNewswire - October 29th, 2019 - SOLARVEST BIOENERGY INC. (TSXV:SVS) (the "Company"), is pleased to provide an update to its press release dated August 8, 2019. Currently the company is in the process of launching its first product, a EU certified organic omega 3 children's fruit gummy. This product is the first and only organic DHA Omega-3, replacing fish oil and meeting an un-serviced market. The Company has been focusing on ramping up production, taste testing, branding and marketing with plans to build short term inventory to support the Company's launch. The Company's contract producer in Germany has sufficient capacity, scalability and can produce an estimated weekly volume of 4.4 tons of long chain omega 3 ("DHA") powder.

The Company's scientific team developed the IP and technology to produce the:

  • - World's only patented organic - long chain (DHA/EPA) fatty acid

    - FDA approved

    - Certified Organic / Non-GMO

    - Cholesterol free

    - Without Artificial Colors

    - Triglyceride

    - No Tree Nuts or Peanut

    - No Soy or Dairy and or Gluten

    - No Artificial Flavors or Preservatives


The Company is also pleased to announce that it is in the process of rebranding the public company and its products to create better awareness and focus on producing proprietary health products using its patented algae platform. The Company's Omega 3 brand will speak to the certified organic omega 3's unique benefits and the absence of solvents, unnatural ingredients, and chemical processes.

Market Data

Household usage of organic food in the United States has reached 30 percent, according to a new report from Packaged Facts (April 2017 report). The report also shows that the share of grocery shoppers specifically seeking out organic or natural foods grew by five percent over the past seven years, now also reaching nearly 30 percent.

The U.S. organic market in 2018 broke through the $50 billion mark for the first time, with sales hitting a record $52.5 billion, up 6.3 percent from the previous year, according to the 2019 Organic Industry Survey by the released by the Organic Trade Association. The U.S. organic food market size is expected to reach USD 70.4 billion by 2025 as a result of increasing demand from consumers, according to a press release by Hexa Research.

About Solarvest:

Solarvest BioEnergy Inc. is an algae biotechnology company whose algal-based production platform provides it with an extremely flexible system capable of being adapted to produce numerous products - from Omega 3 fatty acids to human therapeutic proteins. The company has successfully demonstrated (news release dated March 16th. 2015) the expression of BMP, a high value therapeutic protein. In addition the company's platform has successfully produced recombinant viral antigens (immune stimulating proteins,) Cecropins (antimicrobial pepetide/protein). The company has initiated a program for the expression of CBD and THC.as a way to produce CBD and THC in sterile bioreactors.

For further information contact:

Garth Greenham, COO, Solarvest Bioenergy Inc.

Tel: 647 204 4095 Email: garth.greenham@solarvest.ca

The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The statements made in this news release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.

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Copyright (c) 2019 TheNewswire - All rights reserved.

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