AgriTec Systems Inc.

AgriTec Systems Inc.

January 15, 2010 08:37 ET

AgriTec Signs Letter of Intent with International Chemical Company

HOUSTON, TEXAS--(Marketwire - Jan. 15, 2010) - AgriTec Systems, Inc. ("AgriTec" or the "Corporation") (TSX VENTURE:AGR) is pleased to announce that it has signed a Letter of Intent (LOI) with a major international chemical company. The LOI allows both companies to explore synergies and to negotiate a definitive agreement over the next 90-days.

AgriTec is a Houston, Texas based corporation engaged in the pursuit of "clean tech" business opportunities for the conversion of bio-mass (specifically rice hull ash) into value added commodities, and has been issued a number of world-wide patents in this regard. The Corporation's common shares are listed on the TSX Venture Exchange under the trading symbol "AGR".

Neither the TSX Venture Exchange nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • AgriTec Systems, Inc.
    Willy Verbrugghe
    Chief Executive Officer
    713-680-1701 (FAX)
    AgriTec Systems, Inc.
    Greg R. Wellen
    Chief Financial Officer
    713-680-1701 (FAX)