-- R&D and Product Certification Division Advances Sustainability Mission
GUANGZHOU, China, Aug. 3, 2015 /PRNewswire/ -- Sino Agro Food, Inc. (OTCQB: SIAF, also referred to herein as "SIAF" or the "Company") is an integrated, diversified agriculture technology and organic food company with principal operations as primary producer, processor, and marketer of protein foods in the People's Republic of China ("PRC").
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SIAF is delighted to announce the appointment of Dr. Anthony C. Ostrowski as Chief Scientific Officer to head its R&D and Product Certification Division.
The appointment supports the Company's vision to become a leading sustainable aquaculture company, fortifying a sound scientific basis for technology development within this area. The division underpins the creation of a globally-valued SIAF brand of protein food products backed by the use of sustainable production techniques, scientifically verified proprietary technology, and industry best management practices.
An accomplished executive and scientist, Dr. Ostrowski brings over 30 years of broad international experience in the field of aquaculture and affiliated industries. He was principal investigator on numerous, multi-million dollar federal research projects in the U.S.; directed a multi-state, multi-institution research consortium; and led the internationally recognized aquaculture research organization, Oceanic Institute, Hawaii, USA as President and CEO from 2009-2012. Most recently, he was general manager and CEO of Wanshida Ocean Bio-tech, Ltd., a Chinese aquaculture R&D firm located in Yangjiang, PRC. Dr. Ostrowski brings a wealth of expertise and executive management skills to lead SIAF's sustainability mission in the fast-paced aquaculture and protein food industries. Dr. Ostrowski will represent SIAF at aquaculture and food product conferences, and in trade and professional journals.
"SIAF understands the future and is on the cutting edge of an evolution in the aquaculture industry," said Ostrowski. "I believe the company's indoor RAS technology is second to none, and is a cornerstone of a sound, vertically integrated farm to plate business model that targets food security, safety, and sustainability. My mandate is to help take the company to the next level of achievement in both quality and scope, starting with the Zhongshan project. The scale of Mr. Lee's vision for the project is unprecedented. There is no better region than China in which to emphasize the importance of sustainability. I am very grateful for this opportunity to help the company become a leader in global aquaculture."
R&D and Product Certification Division
The primary mission of the R&D and Certification Division is to underpin the Company's products produced at existing aquaculture facilities and the emerging Zhongshan New Prawn Project with science, accommodating value added lines and branding. The Division aims to provide a solid foundation for honest and effective brand recognition through research that will promote innovation, and by implementing a third-party process certification and a product traceability program based on internationally accepted best practices and management standards.
Third party certification ensures that SIAF meets global standards in sustainable farming practices, differentiating the company and its protein products from competitors, furthering the aim to expand market reach globally. As a member of the Board of the Aquaculture Certification Council from 2007-2012, Dr. Ostrowski advised on Best Aquaculture Practices, standards and activities to meet global process certification for shrimp and fish hatcheries, grow-out facilities, and feed mills, promoting food safety and sustainable production practices that are biologically, environmentally, and socially responsible.
The Division will be managed as a profit center, with new technologies, products, and services for sale to domestic and international organizations.
CEO Commentary
CEO Solomon Lee stated, "The Zhongshan New Prawn Project is a model user of sustainable and holistic, green management practices in one of the most densely urbanized regions of the world. As far as we know, the project is the largest indoor aquaculture development in the world. For many reasons, scale is important for our corporate mission; so too is yield and premium quality, which are driven by best practices. Consistent with our vision to become a leading vertically integrated and sustainable aquaculture company, we employ the latest technology and industry qualified personnel. I am confident that Dr. Ostrowski will further our aims, not only for our company, but also for the broader goal of improving processes to meet the ever increasing need for healthier food everywhere."
For more information, which provides the latest details on the Zhongshan New Prawn Project please visit http://www.sinoagrofood.com/?q=content/zhongshan-prawn-project-updates.
About Sino Agro Food, Inc.
Sino Agro Food, Inc. is an agriculture technology and natural food holding company with principal operations in the People's Republic of China. The Company acquires and maintains equity stakes in a cohesive portfolio of companies that SIAF forms according to its core mission to produce, distribute, market and sell natural, sustainable protein food and produce, primarily seafood and cattle, to the rapidly growing middle class in China. SIAF provides financial oversight and strategic direction for each company, and for the interoperation between companies. The Company owns or licenses patents, proprietary methods, and other intellectual properties in its areas of expertise. SIAF provides consulting and services to joint venture partners to construct and operate food businesses, primarily producing wholesale protein foods. Further joint ventures market and distribute the wholesale products as part of an overall "farm to table" concept and business strategy.
News and updates about Sino Agro Food, Inc., including key information, are published on the Company's website (http://www.sinoagrofood.com), the Company's Facebook page (https://www.facebook.com/SinoAgroFoodInc), and on twitter @SinoAgroFood.
Forward Looking Statements
This release may contain forward-looking statements relating to the business of SIAF and its subsidiary companies. All statements other than historical facts are forward-looking statements, which can be identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. These statements involve risks and uncertainties that may cause actual results to differ materially from those anticipated, believed, estimated or expected. These risks and uncertainties are described in detail in our filings with the Securities and Exchange Commission. Forward-looking statements are based on SIAF's current expectations and beliefs concerning future developments and their potential effects on SIAF. There is no assurance that future developments affecting SIAF will be those anticipated by SIAF. SIAF undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required under applicable securities laws.
Not a Broker/Dealer or Financial Advisor
Sino Agro Food, Inc. is not a Registered Broker/Dealer or a Financial Advisor, nor does it hold itself out to be a Registered Broker/Dealer or Financial Advisor. All material presented in this press release, on the Company's website or other media is not to be regarded as investment advice and is only for informative purposes. Readers should verify all claims and conduct their own due diligence before investing in Sino Agro Food, Inc. Investing in small-cap, micro cap and penny stock securities is speculative and carries a high degree of risk.
No Offer of Securities
None of the information featured in this press release constitutes an offer or solicitation to purchase or to sell any securities of Sino Agro Food, Inc.
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