CHESTNUT RIDGE, N.Y.,
Sept. 3, 2020 /PRNewswire/
-- BioHiTech Global, Inc. ("BioHiTech" or the "Company")
(NASDAQ: BHTG), a sustainable technology and services company,
announced today it has received $400,000 in new food waste digester purchase
orders for its Revolution Series Digesters from Carnival
Corporation & plc, the world's largest cruise
company.
These orders are in addition to the $1
million in purchase orders received by the Company in July
of 2020 and are part of the previously announced purchase contract
between the two companies with an estimated value of up to
$14 million. BioHiTech expects to
ship units on the $1.4 million in
current orders beginning in September and throughout the fourth
quarter. The Company's Revolution Series Digesters will help
Carnival Corporation reduce greenhouse gases and improve
environmental outcomes through the safe onboard disposal of food
waste. The Company's data analytics platform will also provide
real-time transparency for food waste generation to assist in
Carnival Corporation's waste reduction efforts.
"The continued progression of orders from Carnival Corporation
further demonstrates their commitment to environmental stewardship
as they prepare for the resumption of cruising," said Frank E. Celli, CEO of BioHiTech
Global. "We look forward to commencing unit deliveries later
this month and progressively throughout the remainder of 2020 and
into 2021."
About Carnival Corporation & plc
Carnival Corporation & plc is one of the world's largest
leisure travel companies with a portfolio of nine of the world's
leading cruise lines. With operations in North America, Australia, Europe and Asia, its portfolio features Carnival Cruise
Line, Princess Cruises, Holland America Line, Seabourn, P&O
Cruises (Australia), Costa
Cruises, AIDA Cruises, P&O Cruises (UK) and Cunard.
Additional information can be found on www.carnival.com,
www.princess.com, www.hollandamerica.com, www.seabourn.com,
www.pocruises.com.au, www.costacruise.com, www.aida.de,
www.pocruises.com and www.cunard.com.
About BioHiTech Global
BioHiTech Global, Inc. (NASDAQ:
BHTG), is a technology services company focused on providing
cost-effective solutions that improve environmental
outcomes. Our technologies for waste management include the
patented processing of municipal solid waste into a valuable
renewable fuel, biological disposal of food waste on-site, and
proprietary real-time data analytics tools to reduce food waste
generation. When used individually or in combination, our solutions
lower the carbon footprint associated with waste transportation and
can reduce or virtually eliminate landfill usage. In addition, we
distribute a patented technology that achieves high-level
disinfection of spaces such as classrooms, hotel or hospital rooms
and other enclosed areas to combat the spread of viruses and
bacteria without the use of harsh chemicals. Our unique
solutions enable businesses, educational institutions and
municipalities of all sizes to solve everyday problems in a smarter
and more cost-effective way while reducing their impact on the
environment. For more information, please
visit www.biohitech.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,
including statements about the estimated contract value, additional
purchase orders or deliveries, and the ability of the Company's
products to reduce greenhouse gases and achieve corporate
sustainability goals, 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.
Richard Galterio
Executive Vice President
Direct: 845.367.0603
rgalterio@biohitech.com
www.biohitech.com
Investors:
ir@biohitech.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/biohitech-receives-400-000-in-new-food-waste-digester-purchase-orders-from-carnival-corporation-in-september-for-deployment-on-two-additional-ships-301123705.html
SOURCE BioHiTech Global, Inc.