February 7, 2018 - Vancouver, British Columbia – Clean Seed Capital Group Ltd. (TSX-V: CSX) (“Clean Seed”) is pleased to announce that it has received notice from The United States Patent and Trademark Office that it has granted Clean Seed its keystone patent. The patent secures Clean Seed’s individual point, high resolution, multiple product variable rate metering innovations. The granting of this patent underscores Clean Seed’s fundamental market advantages – precision metering and or blending of multiple crop input types and a spectrum of nutrients delivered on a single row in a single pass.
Graeme Lempriere, Chief Executive Officer of Clean Seed, states: “This marks another key success for our organization, one that grants pathways to strategically explore M&A activities within the US planter market as well as overseas. We are also excited to continue our expansion through the cross-pollination and refinement of our game changing SMART Seeder™ technologies into precision planter based applications.”
From inception Clean Seed focused on developing a robust intellectual property (IP) portfolio to execute on our three phase strategic commercialization plans. (1) Drive initial focus into the creation of revolutionary seeding technologies that confront the apparent deficiencies within the large scale seeding equipment marketplace. (2) Secure our core value drivers through patent protection in all key agriculture markets. (3) Transition the game changing synergies within our SMART Seeder™ technology to directly impact and disrupt the world’s largest row crop equipment market, planters and nutrient application.
The United States contributes over 30% of all planter related global crop production and is the most valuable and attractive marketplace for seeding and planting equipment market in the world.
Graeme also added: “Through the ingenuity and hard work of every facet of our Company, our partners and passionate supporters like the Federal and Provincial Governments of Canada, Clean Seed continues to be recognized as an agricultural pioneer. With the capabilities of our current technology portfolio as well as our ongoing development activities, I believe Clean Seed will once again usher in a new era, one that creates a new benchmark for precision planting technologies.”
About Clean Seed Capital Group Ltd.
The common shares of Clean Seed Capital Group Ltd. are listed on the TSX Venture Exchange and trade under the symbol "CSX".
We are a team of innovators and business management professionals with a proven track record of game changing innovation and production of patented agricultural technologies at an incredibly high level. We pride ourselves as progress facilitators that quickly turn viable concepts and ideas into commercially viable products that can fulfill demand.
Clean Seed became a leader of the agricultural revolution through the development of the advanced CX-6 SMART Seeder™ and SeedSync™ software platform. The CX-6 SMART Seeder™ offers an unrivalled level of precision in modern no-till seeding and is now considered “the new benchmark in precision seeding”.
The CX-6 SMART Seeder™ is commercially available at over 30 leading agricultural equipment outlets in Western Canada and United States and we are proudly delivering SMART Seeder™ technology into the hands of large scale farming operations.
For further information please contact Clean Seed at 604-566-9895 and visit our website at http://www.cleanseedcapital.com.
ON BEHALF OF THE BOARD
Neither the 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 news release.
This press release is not an offer or a solicitation of an offer of securities for sale in the United States. The common shares of Clean Seed Capital Group Ltd. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:
This news release includes certain “forward-looking statements” as defined under applicable Canadian securities legislation. Forward-looking statements herein include, but are not limited to, statements with respect to the future operations of Clean Seed and the utilization of the intellectual property. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, there is no assurance the operations and utilization of the intellectual property outlined herein will be met; and readers should not place undue reliance on forward-looking statements. Clean Seed Capital Group Ltd. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.