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Itronics Projects 100 Percent Increase in 2009 Fourth Quarter GOLD'n GRO Fertilizer Sales
Itronics' Environmentally Green Technologies Driving Strong Growth
| Source: Itronics Inc.
RENO, NV--(Marketwire - December 8, 2009) - Itronics Inc. (PINKSHEETS : ITRO ) (FRANKFURT : ITG )
(BERLIN : ITG ) announced today that its wholly-owned subsidiary, Itronics
Metallurgical, Inc., is reporting that GOLD'n GRO fertilizer sales in the
fourth quarter through November 30, plus its December orders, exceed total
fertilizer sales in the fourth quarter of 2008 by more than 100 percent.
GOLD'n GRO fertilizer sales for the fourth quarter of 2009 are projected to
exceed $440,000, an approximate 101 percent increase over fourth quarter
2008 sales of $219,000. "This will be the best December, and the best
fourth quarter, for fertilizer sales in the Company's history," said Dr.
John Whitney, Itronics President.
"Doubling of fourth quarter sales indicates the effectiveness of our
fertilizer. This strong growth in demand for the GOLD'n GRO fertilizers is
occurring even while California farming, our largest customer base, is
negatively affected by water shortages," said Dr. Whitney. "We expect to
continue this strong upward fertilizer sales trend in California, and
elsewhere, in 2010."
Itronics, through its subsidiary Itronics Metallurgical, is the inventor
and operator of award winning recycling technology that converts spent
photographic liquids into pure silver and GOLD'n GRO fertilizers.
Commercialization of this technology has created a "Green Consumer Option"
for photo and X-ray processors and "Green fertilizers" for horticulture and
agriculture. The fertilizers incorporate the "essence" of green because of
how they are sourced and because of their excellent performance in the
field.
About Itronics
Headquartered in Reno, Nevada, Itronics Inc. is a "Creative Clean
Technology" Company that produces GOLD'n GRO liquid fertilizers and pure
silver bullion. Itronics, through its subsidiary, Itronics Metallurgical,
Inc., is the only company with a fully permitted "Beneficial Use
photochemical, Silver, and Water Recycling" plant in the United States that
converts spent photoliquids into pure silver and GOLD'n GRO liquid
fertilizers. The Company is developing environmentally compatible mining
technology, provides project planning and technical services to the gold
mining industry, and operates the popular InsideMetals.com web site,
http://www.insidemetals.com, which provides a value-added WORLD VIEW of
Gold Producer Stocks, Mineral Producer Stocks, Junior Gold Stocks, and
Junior Mineral Stocks.
Itronics has received numerous domestic and international awards that
recognize its ability to successfully create and implement new
environmentally clean recycling and fertilizer technologies.
The Company's environmentally friendly GOLD'n GRO liquid fertilizers, which
are extensively used in agriculture, can be used for lawns and houseplants,
and are available, along with liquid fertilizer injectors, at the Company's
"e-store" catalog at http://goldngro.com. The popular Silver Nevada Miner
bars are available at the Company's "e-store" catalog at
http://www.itromet.com.
VISIT OUR WEB SITE: http://www.itronics.com
("Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995: This press release contains or may contain forward-looking
statements such as statements regarding the Company's growth and
profitability, growth strategy, liquidity and access to public markets,
operating expense reduction, and trends in the industry in which the
Company operates. The forward-looking statements contained in this press
release are also subject to other risks and uncertainties, including those
more fully described in the Company's filings with the Securities and
Exchange Commission. The Company assumes no obligation to update these
forward-looking statements to reflect actual results, changes in risks,
uncertainties or assumptions underlying or affecting such statements, or
for prospective events that may have a retroactive effect.)