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POINTERRA LIMITED — Regulatory Filings 2008
Mar 27, 2008
64255_rns_2008-03-27_c457d562-09e8-4b60-94ea-27d4707ea2ee.pdf
Regulatory Filings
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ASX and Media Release
28 March 2008
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“AUSTRALIAN ‘SUPER SOIL’ TO CHANGE THE GLOBAL LANDSCAPE”
After 10 years of research and development, Australian company Soil Sub Technologies Limited listed on the Australian Securities Exchange (ASX) – March 27[th] , 2008.
Their product, NutriMix[®] , is an internationally patented 100% organic growing medium with superior nutrient profile and outstanding and proven water management capabilities.
“We are set to change the practices of international agriculture and horticulture to meet the needs of climate change”, Soil Sub Technologies Limited CEO James Callianiotis stated.
“In view of the global warming phenomenon and water shortages being suffered in various regions of the world, we have already secured a major contact in China and anticipate that NutriMix[®] products will be in significant demand in numerous international markets.”
Hot on the heels of signing a US$30m exclusive licensing agreement with The Timms Cho Group for the whole of China market (December 2007) , Soil Sub Technologies Chairman, Graeme Scott, is currently in China, finalising the second phase of the existing NutriMix[®] contract.
“A major factor is that NutriMix[®] can be manufactured from renewable waste resources produced by the processing of other agricultural products, which are available in abundance in many parts of the world,” Mr. Callianiotis commented.
“We’ve tapped in a previously un-serviced global market with an environmentally sustainable Australian innovation with known global opportunities which we are already servicing.
“The organic profile of NutriMix[®] makes it a medium for complete plant available nutrient uptake, and the products’ structure substantially reduces evaporation effects.”
Tests conducted by the Department of Primary Industries (QLD), Department of Arid Land Agriculture, College of Food and Agriculture, UAE University and Sydney Environmental and Soil Laboratory have independently demonstrated NutriMix’s water content at saturation point is up to 149% higher than traditional sands, soils, or general mediums.
ENDS
Note:
Soil Sub Technologies Limited was incorporated on 1 May 1997 in Australia, and since 2001 has developed intellectual property rights including patents enabling it to manufacture and market, a highly water retentive, nutrient efficient fully organic growing medium product.
For media enquiries, please contact:
Angela Steven. Phone (07) 3368 3557 or 0412 883 459. Email [email protected]