Marrone Bio Innovations Announces the Launch of Zelto™ for Control of Foliar and Soil Dwelling Pests on Turf
January 17 2018 - 8:30AM
Marrone Bio Innovations, Inc. (NASDAQ:MBII) (MBI), a leading
provider of bio-based pest management and plant health products for
agriculture, turf and ornamental and water treatment markets, has
launched and made available a high-performance biological
pesticide, Zelto™. Information on Zelto can be found here:
https://marronebioinnovations.com/ag-products/brand/zelto/.
Zelto is based on a non-living, novel bacterium that provides
turf protection with a new mode of action for safely controlling
insect pests that harm turf, such as chinch bugs, weevils and
caterpillars. It was developed from MBI’s in-house discovery
screening process. Zelto stops insects from developing after
contact or feeding.
In addition to its insecticidal properties, as shown in field
trials and golf course demonstrations, Zelto is highly effective
against multiple species of nematodes, including ring, root knot,
cyst, sting and lance. Zelto’s natural microbial compounds control
nematodes by reducing or stopping reproduction and egg hatch, and
also by reducing adult and juvenile nematode numbers.
Additionally, Zelto has also been shown to negatively impact the
ability of nematodes to colonize or penetrate plant roots.
Zelto is an easy-to-use liquid formulation and can be applied at
planting and in-season through irrigation systems with no limit on
the number of applications allowed per season. The formulation is
flexible and easy handling for use on the teeing grounds, greens,
roughs and fairways, as well as other turf and ornamental
targets. Zelto is also non-toxic to mammals, fish, birds and
beneficial insects.
“We are excited to bring Zelto to turf and ornamental customers
to improve root health and wear-tolerance for turf,” said Lisa
Malabad, MBI’s Insecticide and Nematicide Product Marketing
Manager. “Non-toxic, with a minimal four-hour re-entry interval
after application, Zelto Bionematicide/Bioinsecticide effectively
eliminates down-time for playability on turf. Additionally, as a
non-volatile formulation, Zelto provides improved worker, player
and bystander safety, as well as reduced impact to the environment
over alternative soil-borne pest control methods.”
Nematodes and soil dwelling insect pest issues are on the rise
in turfgrasses. Their feeding damages the turfgrass plants and have
a detrimental impact by compromising the playing surface of a golf
course. Zelto brings a powerful tool to golf superintendents
for highly effective and safer turf management.
According to ILLINI VENTURES INC, the 2016 turf and ornamentals
market was approximately $875 million, of which about 77 percent is
turf (golf and lawns). The nematicide market is growing the fastest
because of the phase out and restrictions of older, hazardous
products that create an opportunity for products like Zelto that
more sustainably and effectively control nematode pests that cause
serious turf damage. Insecticide use is approximately 20 percent of
the overall turf management market.
About Marrone Bio Innovations
Smart. Natural. Solutions. Marrone Bio
Innovations, Inc. (NASDAQ:MBII) strives to lead the movement to a
more sustainable world through the discovery, development and
promotion of biological products for pest management and plant
health. MBI’s effective and environmentally responsible pest
management solutions help customers operate more sustainably while
uniquely improving plant health and increasing crop yields. MBI’s
currently available commercial products are Regalia®, Grandevo®,
Venerate®, Majestene®, Haven® StargusTM/AmplitudeTM, ZeltoTM and
Zequanox®. MBI also distributes Bio-tam 2.0® for Isagro USA and
Jet-Ag® for Jet Harvest in most regions of the U.S.
Marrone Bio Innovations is dedicated to pioneering smart
biopesticide solutions that support a better tomorrow for both
farmers, turf managers and consumers around the globe. For more
information, please visit
www.marronebio.com.
Marrone Bio Innovations Forward Looking
StatementsThis press release contains forward-looking
statements that involve substantial risks and uncertainties.
All statements, other than statements of historical facts, included
in this press release regarding strategy, future operations and
plans, including assumptions underlying such statements, are
forward-looking statements, and should not be relied upon as
representing MBI’s views as of any subsequent date. Examples
of such statements include statements regarding the potential of
Zelto and other MBI products in the turf market, market
projections, including the potential benefits of MBI’s products,
and MBI’s plans for expanding additional label uses. Such
forward-looking statements are based on information available to
the Company as of the date of this release and involve a number of
risks and uncertainties, some beyond the Company's control, that
could cause actual results to differ materially from those
anticipated by these forward-looking statements, including
consumer, regulatory and other factors affecting demand for the
MBI’s products, any difficulty in marketing MBI’s products in its
target markets, competition in the market for pest management
products, lack of understanding of bio-based pest management
products by customers and growers. Additional information
that could lead to material changes in MBI’s performance is
contained in its filings with the SEC. MBI is under no
obligation to, and expressly disclaims any responsibility to,
update or alter forward-looking statements contained in this
release, whether as a result of current information, future events
or otherwise.
Marrone Bio Innovations Contacts:Pam Marrone,
CEO and FounderAndre Trepanier, Director of MarketingLisa Malabad,
Insecticide/Nematicide Product ManagerTelephone: +1 (530)
750-2800Email: Info@marronebio.com
MBI Investor Relations:Greg FalesnikManaging
DirectorMZ Group – MZ North AmericaMain: 949-385-6449
MBII@mzgroup.us
www.mzgroup.us
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