Attis Industries Launches Video Series to Demonstrate Bio-Based Technologies and Discuss Targeted End Use Products
November 05 2018 - 9:30AM
via NEWMEDIAWIRE -- Attis Industries, Inc. (NASDAQ: ATIS) (the
“Company” or “Attis”), a diversified company focused on innovation
and technology throughout key components of the new economy, which
include renewable fuels, bio-based plastics, healthcare and
communications infrastructure, today launched a video series that
will offer investors and interested parties additional information
on the technologies and bio-based products offered under the
Innovations division. In the video, Attis Chief Executive Officer
Jeff Cosman and members of the Innovations team discuss the current
inefficiencies in biomass processing and how the Company is taking
the next steps to double the biofuel output from biomass.
Link to video: https://bit.ly/2DlSPOY
The transcript of the video states in part:
“Our [processing] outputs include pulp and a
unique form of high purity lignin…. While the pulp can be used in
traditional pulp and paper markets or to produce cellulosic
ethanol, it’s this high purity form of lignin that allows Attis to
substantially increase the value and products made from
biomass…. For every 1.0 pound of cellulosic ethanol
produced, Attis is able to recover about 1.3 pounds of high purity
lignin…. This is an alarming amount of highly concentrated carbon,
captured from carbon dioxide and stored by photsyntheisis in
plants, that has been overlooked for decades…. Attis
plans to convert its lignin into transportation fuels such as
gasoline, diesel and/or jet fuel, which could double the fuel
output of biomass, or to convert the lignin into various materials
such as plastics, adhesives or carbon fiber.
“Over the next few months, we will be traveling
across the country to visit each of our partnered labs and more
clearly represent our planned success.”
In the coming months, additional videos will be
posted on the Attis Innovations website.
Attis Industries, Inc.
Attis Industries Inc. (NASDAQ: ATIS) is a
holding company focused on developing and building businesses that
play important roles in the new economy, which include renewable
fuels, bio-based plastics, healthcare and communications
infrastructure.We strive to encourage our employees to be
entrepreneurs focused on innovation and technology. We
will remain dynamic, persistent and motivated to our mission of
winning. The growth of our company will rely on our
integrity and our vision for the future. Attis Industries will
continue to fulfill essential needs in healthcare, energy
independence and digital communications. Today, each of
these sectors provide high growth opportunities that collectively
account for more than a third of our nations
GDP. For more information,
visit: www.attisind.com
Forward-Looking Statements
Any statements contained in this press release
that do not describe historical facts may constitute
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. You can identify
forward-looking statements by words such as “anticipate,”
“believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,”
“should,” “would” or similar words. You should consider these
statements carefully because they discuss our plans, targets,
strategies, prospects and expectations concerning our business,
operating results, financial condition and other similar matters.
These statements are subject to certain risks, uncertainties, and
assumptions, including, but not limited to, risks and uncertainties
relating to the Company's ability to develop, market and sell
products based on its technology; the expected benefits and
efficacy of the Company's products and technology; the availability
of substantial additional funding for the Company to continue its
operations and to conduct research and development, clinical
studies and future product commercialization; and, the Company's
business, research, product development, regulatory approval,
marketing and distribution plans and strategies; the ability of the
Company to continue to meet the listing requirements of NASDAQ; the
ability of the Company to execute on a business plan that permits
the technologies and innovations businesses to provide sufficient
growth, revenue, liquidity and cash flows for sustaining the
Company’s go-forward business, and the risks identified and
discussed under the caption “Risk Factors” in the Attis Annual
Report on Form 10-K for the fiscal year ended December 31, 2017,
filed with the Securities and Exchange Commission (the “SEC”) on
April 16, 2018 and the other documents Attis files with the SEC
from time to time. There will be events in the future, however,
that Attis is not able to predict accurately or control. Attis’s
actual results may differ materially from the expectations that
Attis describes in its forward-looking statements. Factors or
events that could cause Attis’s actual results to materially differ
may emerge from time to time, and it is not possible for Attis to
accurately predict all of them. Any forward-looking statement made
by Attis in this press release speaks only as of the date on which
Attis makes it. Attis undertakes no 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.
Media and Investors Contact:
Hayden IR
(917) 658-7878
hart@haydenir.com
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