AgriFORCE Growing Systems Announces Appointment of Highly Acclaimed Accounting and Business Advisory Executive, Richard Levyc...
July 14 2021 - 8:45AM
AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI), an innovative
agriculture-focused technology company that delivers reliable,
financially robust solutions for high value crops through
proprietary facility design and automation, announces that it has
appointed Richard Levychin, a highly acclaimed accounting and
business advisory executive, to the Company’s board of directors.
Mr. Levychin will serve on the board's Executive Compensation,
Audit and Nominating and Corporate Governance Committees.
Richard Levychin, CPA, CGMA, is a Partner in
Galleros Robinson’s Commercial Audit and Assurance practice where
he focuses on both privately and publicly held companies. Prior to
taking this position in October 2018, Richard was the managing
partner of KBL, LLP, a PCAOB certified independent registered
accounting firm, since 1994. Mr. Levychin has over 25
years of accounting, auditing, business advisory services and tax
experience working with both privately owned and public entities in
various industries including media, entertainment, real estate,
manufacturing, not-for-profit, technology, retail, technology, and
professional services. His experience also includes expertise with
SEC filings, initial public offerings, and compliance with
regulatory bodies. As a business adviser, he advises companies,
helping them to identify and define their business and financial
objectives, and then provides them with the on-going personal
attention necessary to help them achieve their established
goals.
Mr. Levychin has written articles on a wide
range of topics, which have been featured in several periodicals
including Dollars and Sense, New York Enterprise Report, Black
Enterprise Magazine, Forbes, Business Insider, and The Network
Journal. He has also conducted seminars on a wide range of business
topics including SEC matters and taxation for several organizations
including the Black Enterprise Entrepreneurs Conference, the
Entrepreneurs’ Organization (New York chapter) and the Learning
Annex.
Mr. Levychin is a member of several
organizations including the New York State Society of Certified
Public Accountants, the National Association of Tax Professionals,
and the American Institute of Certified Public Accountants (AICPA).
Richard was a founding member of the AICPA’s National Diversity and
Inclusion Commission. Richard is a member and a board member of the
New York Chapter of the Entrepreneurs’ Organization (“EO”), a
dynamic, global network of more than 15,000 business owners in over
50 countries.
In 2018, Mr. Levychin was a recipient
of the 5 Chamber Alliance MWBE Award from the Manhattan Chamber of
Commerce. In 2016 Richard was presented with the 2016 Arthur Ashe
Leadership Award. In 2015 Richard was presented by his alma mater
Baruch College with the Baruch College Alumni Association’s “Alumni
Leadership Award for Business”. In 2013, Richard received the title
of Best Accountant from The New York Enterprise Report. Mr.
Levychin is a past winner of The Network Journal’s prestigious
“40 Under 40” award. He is a graduate of Baruch College, where he
received a Bachelors in Business Administration Degree
(Accounting).
Said Mr. Levychin: “I am excited to join
AgriFORCE at this key inflection point in the Company’s
development, and look forward to providing my expertise in
accounting, financial oversight, taxation and business strategy to
help accelerate the company’s growth plans.”
"We look forward to Richard’s contributions to
the board as we prepare for our next phase of growth,"
said Ingo Mueller, CEO of AgriFORCE. "His impressive
accounting and business, tax and advisory experience will be
important as we prepare to launch our first facilities in the
United States. His experience will be an exceptional asset as we
seek out, evaluate and potentially acquire innovative and accretive
companies to further accelerate our growth. In addition, we look
forward to his contributions on various board committees, including
our audit committee, supporting our commitment to the highest
standards of financial reporting, corporate governance and tax
compliance and mitigation.”
About AgriFORCE
AgriFORCE, Inc. (NASDAQ: AGRI) is dedicated
to transforming modern agricultural development through our
proprietary patent pending facility design and automated growing
system. Our methods are designed to produce high-quality,
pesticide-free, locally cultivated crops, cost-effectively and with
the ability to quickly scale, in virtually any climate. Designed to
meet both European Union Good Manufacturing Practices standards and
the United States Department of Agriculture organic equivalent, we
intend to utilize our platform as an industry accepted standard
for, among other things, controlled environment plant-based vaccine
and pharmaceutical biomass, hydroponics and food production.
Clean|Green|Local Agriforcegs.com
This press release contains forward-looking
statements within the meaning of the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995. Statements
other than statements of historical facts included in this press
release may constitute forward-looking statements and are not
guarantees of future performance, condition or results and involve
a number of risks and uncertainties. Actual results may differ
materially from those in the forward-looking statements as a result
of a number of factors, including those described from time to time
in our filings with the Securities and Exchange Commission and
elsewhere. The Company undertakes no duty to update any
forward-looking statement made herein. All forward-looking
statements speak only as of the date of this press release.
Company Contact:Ian PedersenTel: (604)
757-0952Email: ipedersen@agriforcegs.com
Investor Relations:Crescendo Communications,
LLCDavid Waldman/Natalya RudmanTel: (212) 671-1021Email:
AGRI@crescendo-ir.com
Media Relations:AHA Creative Strategies
Inc.Ruth AtherleyTel: (604) 846-8461Email: ruth@ahacreative.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/4444fb0d-bc16-43e3-b990-3b607f202270
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