CHESTNUT RIDGE, N.Y., Feb. 27, 2017 /PRNewswire/ -- BioHiTech Global, Inc. ("BioHiTech" or the "Company") (OTCQB: BHTG), a green technology company that develops and deploys innovative and disruptive waste management technologies, today announced the launch of the Revolution Series Digesters, the Company's new sustainable food waste disposal solution designed for lower volume food waste generators. The new digester series targets a large market segment of the food services industry that represents more than 1.5 million potential customers including full and quick service restaurants, coffee shops, hospitality companies and other specialty food service providers.
The new Revolution Series Digesters are designed to cost effectively meet the needs of this market segment by leveraging the same regulatory compliant digestive technologies as the Company's successful line of Eco-Safe Digesters that service the mid-to-large volume organic waste markets. The Revolution Series Digester units have a compact design requiring minimal floor space and eliminate the odors, leaks, and pests associated with the use of dumpsters and bins. They operate on standard 115 Volt power and can be easily connected to existing plumbing in about two hours. The rapid throughput of the units will enable BioHiTech to offer this sustainable solution at a cost that is competitive with or lower than traditional waste disposal.
The BioHiTech Revolution Series also offers BioHiTech Cirrus™, the Company's proprietary cloud-based mobile app, that can turn each unit into a "Smart" device that provides a wealth of actionable real-time data analytics to improve supply chain management and operational efficiency. With over a million restaurants in the U.S. alone, the BioHiTech Revolution Series opens a vast untapped market segment for BioHiTech Global. The Company intends to aggressively market the product through its current distribution channels and sees those efforts having a positive impact on revenues beginning in the second half of 2017.
"We are excited to launch these important new products as we continue to forge innovation and value in the sustainable waste disposal industry," said Frank E. Celli, Chief Executive Officer of BioHiTech Global. "Most on-site food waste disposal solutions are expensive and designed for high volume users that can cost effectively utilize a larger scale unit installation. Our Revolution Series opens a large new market opportunity for our Company by making our proprietary sustainable waste disposal solution economically viable for the multitude of prospective customers that do not require a larger unit. These units are compact, easy to install, and offer an excellent value proposition by reducing disposal costs and providing actionable supply chain management data. We believe the Revolution Series will be a significant driver of future revenue growth and we look forward to rolling it out through our growing distribution network in order to build lasting value for our shareholders."
The Revolution Series Digesters will be available in two model sizes "Seed" and "Sprout" providing a cost effective solution for businesses of all sizes within this market segment. The Company has already received orders for pilot units from a national retailer during its pre-launch stage and expects to deploy those units in multiple locations in the coming months.
The new Revolution Series units will be on display in Booth #220 at the Restaurant Facility Management Association (RFMA) annual trade show at the Gaylord Palms Resort and Convention Center in Orlando, Florida, March 5th through March 7th.
About BioHiTech Global
BioHiTech Global (OTCQB: BHTG), "The Company" headquartered in Chestnut Ridge NY, develops and deploys innovative and disruptive waste management technologies. The combined offerings of BioHiTech Global offer our customers a full suite of technology based disposal options capable of having a significant impact on waste generation while providing a true zero landfill environment. With options for both on and off site biological treatment of waste, BioHiTech Global is a leader in zero waste solutions for businesses and municipalities. For more information, please visit www.biohitechglobal.com.
Forward Looking Statements
Statements in this document contain certain 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, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance. These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of BioHiTech Global, Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. BioHiTech Global, Inc. assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as "Risk Factors" in our filings with the Securities and Exchange Commission ("SEC"). There may be other factors not mentioned above or included in the BioHiTech's SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement. BioHiTech Global, Inc. assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by securities laws.
Company Contact:
BioHiTech Global, Inc.
Lisa Giovannielli
Director, Corporate Communications
Direct: 845-262-1081
lgiovannielli@biohitech.com
www.biohitechglobal.com
SOURCE BioHiTech Global, Inc.
