CHESTNUT RIDGE, N.Y.,
Dec. 13, 2021 /PRNewswire/
-- BioHiTech Global, Inc. ("BioHiTech" or the "Company")
(NASDAQ: BHTG), a circular economy and sustainability technology
and services company, announces that the Company has changed its
name to Renovare Environmental, Inc., and will now be traded on the
Nasdaq under the symbol RENO, effective today, December 13, 2021.
"We believe that our new company brand, Renovare, the Latin root
of the word Renew, better describes our mission of creating and
providing sustainable technologies and services that address the
use and reuse of waste material and reduces reliance on already
overflowing landfills and our overall carbon footprint. We
are pleased to introduce this new branding of the company, which we
believe better illustrates its current direction and will serve us
well in our execution of our business and strategic initiatives as
we strive to contribute to the circular economy in the coming
year," said Anthony Fuller, the
Company's CEO.
About Renovare Environmental, Inc.
Renovare
Environmental, Inc. (Nasdaq: RENO), formerly BioHiTech Global,
Inc., is a technology services company focused on providing
cost-effective solutions that improve environmental
outcomes. Our solutions for waste management include the
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. Our unique
solutions enable businesses and municipalities of all types as well
as educational and governmental facilities 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 improve environmental outcomes 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.
Lisa Giovannielli
VP, Corporate Communications
O: 888.876.9300
E: lgiovannielli@biohitech.com
Investors:
ir@biohitech.com
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SOURCE BioHiTech Global, Inc.