FIVE POINTS, Calif.,
Jan. 21, 2011 /PRNewswire/ -- S&W
Seed Company (Nasdaq: SANW) today announced that its proprietary,
non-dormant, high yield alfalfa varieties marketed as "SW 9720" and
"SW 9215" have been renamed "SW 9720S" and "SW 9215S." The
added "S" will serve to distinguish and emphasize the varieties as
highly tolerant to salty soil and salty irrigation water. The
name change has been reviewed and authorized by the California Crop
Improvement Association, the seed certifying agency under the
California Seed Law.
In field trials conducted at UC Davis and the University of Arizona, SW 9720S and 9215S have
consistently demonstrated high yields of high quality hay grown in
a wide array of harsh farming conditions. SW 9720S has won
distinction as the number one high yielding alfalfa variety in
university trials, and led all entries in both yield and feed
quality in trials conducted at the USDA Salinity Laboratory where
alfalfa and other forage species are under salt water irrigation
management. Similarly, SW 9215S has tested among the highest
yielding salt-tolerant alfalfas certified to date, yielding 18%
above salinity check varieties when irrigated with water with very
high saline content.
Mark Grewal, President and CEO of
S&W, stated, "Adding the 'S' to 9720 and 9215 is expected to
allow S&W to achieve greater marketing differentiation for
these alfalfa varieties, providing an important indicator to
farmers that they are indeed well suited for yielding the highest
quality hay grown in areas around the world where salty soil and
salty irrigation would otherwise prohibit or greatly limit the
production of essential forage crops."
About S&W Seed Company
Founded in 1980 and headquartered in the Central Valley of
California, S&W Seed Company
is a leading producer of warm climate, high yield alfalfa seed
varieties, including varieties that can thrive in poor, saline
soils, as verified over decades of university-sponsored trials.
S&W also offers seed cleaning and processing at its
40-acre facility in Five Points,
California. In fiscal 2010, the Company launched a
business expansion initiative centered on mass producing stevia
leaf in the U.S. in response to growing global demand for the
all-natural, zero calorie sweetener from the food and beverage
industry. For more information, please visit
www.swseedco.com.
Safe Harbor Statement
This release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended
and such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words
such as "may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a
multitude of risks and uncertainties that could cause future
circumstances, events, or results to differ materially from those
projected in the forward-looking statements, including the risks
that actual results may differ materially from those projected in
the forward-looking statements as a result of various factors, and
other risks identified in the Company's 10-K for the fiscal year
ended June 30, 2010, and other
filings made by the Company with the Securities and Exchange
Commission.
FOR ADDITIONAL INFORMATION,
PLEASE CONTACT:
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Elite Financial Communications
Group, LLC
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Dodi B. Handy, President and CEO
(Twitter: dodihandy)
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FOR MEDIA: Polly
Wheeler
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(407) 585-1080 or via email
at SANW@efcg.net
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SOURCE S&W Seed Company