HumaTech Inc. (OTCBB:HUMT) announces their signing of the Provimi Group, headquartered in Holland with revenues of 1 billion US annually. The Provimi Group is Europe’s largest single producer of creep feed for piglets.
Creep feeds are designed to give the post weaning piglet its first solid food. Since the piglets are very susceptible to disease, it is critical to create a feed which strengthens the immune system’s defense capabilities, and provides the most protein efficient and easily digestible feed possible.
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The Provimi Group’s parent company, based in Lille, France, is Eridania Beghin-Say Agro-Industrial Group, which has total revenues approaching 10 billion US annually.
Provimi is the European leader in specialities for animal nutrition and health care. Provimi Group itself produces approximately 2 million metric tons of creep feed annually from its 54 plants in over 17 countries throughout Europe. Provimi’s major clients are livestock breeders, feed-blenders, animal feed industries and veterinarians. The first major customers out of the Provimi Group are Nutec of Dublin, Ireland, and its sister companies SCA Ireland, SCA UK, and SCA Iberica in Barcelona, Spain.
David Caney, managing director of HumaTech, LTD., stated, “The thorough research conducted by these Provimi Group Companies ranks them among our most knowledgeable and competent customers. The extensive reach of the Provimi Group also makes them our largest customer to date.”
“Once Promax is fully integrated into their daily production, this singular client will consume in excess of 14 million US dollars of Promax annually,” stated David Williams, CEO of HumaTech Inc.
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By GlobalDataHumaTech Inc. is the manufacturer and distributor of its humate-based nutrients for plants and animals, classified as “High Technology Organic Solutions.” Produced from a proprietary process described as Iso-Molecular technology, HumaTech sells different product lines to the following markets: growers of agricultural crops, animal feed supplements to feedlots, golf courses and commercial landscapers.
This release contains forward-looking statements with respect to the results of operations and business of HumaTech Inc. that involves risks and uncertainties. The Company’s actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company’s periodic reports. The Company intends that such statements about the Company’s future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the “safe harbor” provision of the Private Securities Litigation Reform Act of 1995. For additional information regarding the company, please visit the company’s web site at http://www.humatech.net.
