SOURCE: Verity Corp.

Verity Corp.

January 29, 2015 08:00 ET

Verity Corp Provides Business Update; Reports Progress With Strategic Partners

SIOUX FALLS, SD--(Marketwired - January 29, 2015) - Verity Corp (OTC PINK: VRTY) (http://www.veritycorp.com), an agricultural services company offering food producers innovative products and services which improve soil and crop health through the use of environmentally friendly crop inputs including proprietary soil media, essential trace elements and non-GMO seeds, today provided a general business update. 

Jim White, Chief Executive Officer of Verity Corp, commented, "Since our company update in late October 2014, over the last three months we have continued to focus on growing our sales pipeline and further streamlining the organization, as well as innovating and expanding our product offering. Our proprietary sustainable farming processes and soil technologies restore the soil to its natural condition. As a result, crops are healthier and contain more nutrients. In addition, they are more resistant to pests, weeds and drought conditions without the use of harmful chemicals. The Verity way of sustainable farming adopted by the farmers has shown superior results compared to conventional farming."

"We continue to see a dramatic increase in demand for healthy and non-GMO food products and this trend will accelerate as consumers become more educated about their food choices. We are pursuing and developing relations with key strategic partners that have expressed interest in converting their own operations or their supply chain to better agricultural procedures." 

Mr. White concluded, "While our business operations continue to make impressive progress, we have also made internal changes in accounting personnel that we believe will help strengthen the organization. Those changes along with other factors is causing a delay in completion of the company's financial statements. Although we are disappointed by the delay in filing our Annual Report on Form 10-K with the SEC, we plan to become current again in our reporting as soon as practical."

About Verity Corp

Verity Corp (OTC PINK: VRTY) is a naturally-oriented, technologically sophisticated agribusiness company providing sustainable solutions to the agriculture, food, water and turf industries. Verity is divided into two strategic business units: Verity Farms and Verity Turf. Verity also has a product line called Verity Water that includes products for 'restructuring water' at the molecular level. These products are utilized across both business units. Verity Farms is active in helping farmers transition to non-GMO production; dairy farmers interested in improving the health of their livestock with revitalized water and non-GMO feedstock; fish farmers wanting to improve the water quality of their fish ponds without chemicals; and farmers motivated to adopt sustainable solutions for improving soil health and yields. Verity Farms' mission is to enable food producers to minimize dependency on chemicals such as fertilizers, herbicides and pesticides resulting in the efficient production of healthy sustainable food. Verity's turf products are available to professional turf groundskeepers (parks, golf courses, sports fields, etc.) and homeowners wanting to reduce their chemical footprint. Additional information about the company is available at: www.veritycorp.com.

Safe Harbor: Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

Contact Information