CHESTNUT RIDGE, N.Y.,
July 21, 2020 /PRNewswire/ --
BioHiTech Global, Inc. ("BioHiTech" or the "Company") (NASDAQ:
BHTG), a technology and services company that provides
cost-effective and sustainable waste management solutions,
announced today that Carnival Corporation & plc, the world's
largest cruise company (NYSE/LSE: CCL;NYSE: CUK), has
reinitiated its installation program of BioHiTech's Revolution
Series Digesters onboard its ships in preparation for the eventual
resumption of cruising.
BioHiTech has received purchase orders from Carnival Corporation
valued at approximately $635,000 and
expects to commence shipments late in the third quarter of
2020. The purchase orders are part of the previously
announced purchase contract between the two companies with an
estimated value of up to $14 million.
The purchase contract calls for BioHiTech to provide each ship
designated by Carnival Corporation with multiple Revolution Series
Digesters as well as ongoing cloud-based data analytics and
supplies. BioHiTech's Revolution Series Digesters will help
further improve the environmental impact of Carnival Corporation's
operations by safely disposing of food waste on-site and reducing
the amount of greenhouse gases emitted from conventional processing
systems. The Company's data analytics platform will also provide
real-time transparency for food waste generation to help in
Carnival Corporation's waste reduction efforts.
"Through this partnership, Carnival Corporation is making
important strides in reducing greenhouse gasses as well as
achieving important sustainability goals to further its leading
role in environmental stewardship," said Frank E. Celli, CEO of BioHiTech Global. "By
expanding the utilization of our products in its fleet, Carnival
Corporation ships can safely eliminate onboard food waste while
improving operational efficiencies through our proprietary data
analytics platform. We look forward to the work ahead and to
expanding our relationship with this important customer."
Bill Burke, chief maritime
officer for Carnival Corporation, added: "As we prepare for the
future resumption of cruising, environmental stewardship is a
critical focus for our organization, and we are happy to be working
with BioHiTech as one of our important vendors supporting
environmental compliance. By progressively installing their food
waste digesters on our ships, we can use data to improve
efficiencies while reducing our overall environmental impact.
This, in conjunction with our other ongoing initiatives, is another
important step for our company's overall commitment to compliance,
environmental protection and a more sustainable cruise
industry."
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.
Carnival Corporation Media Contacts:
Roger Frizzell, Carnival
Corporation, rfrizzell@carnival.com, (305) 406-7862
Mike Flanagan,
LDWW, mike@ldwwgroup.com, (727) 452-4538
About BioHiTech Global
BioHiTech Global, Inc. is
changing the way we think about waste management. Our
cost-effective technology solutions 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. Our unique
solutions enable businesses and municipalities of all sizes to
lower disposal costs while having a positive impact on the
environment. When used individually or in combination, our
solutions lower the carbon footprint associated with waste
transportation and can reduce or virtually eliminate landfill
usage. 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
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SOURCE BioHiTech Global, Inc.