CALGARY, April 17, 2019 /CNW/ – Pond Technologies Holdings Inc. (“Pond”), (TSX.V: POND) is pleased to announce the incorporation of PaiGE Growth Technologies Inc., (PaiGE). PaiGE (Plant Adaptive Intelligence Growth Engine) is a wholly owned Pond subsidiary focused on the global terrestrial plant and Cannabis Industry. PaiGE is designed to leverage Pond’s extensive Intellectual Property portfolio and the data gathered over 10 years of growing complex organisms into comprehensive growth environment management systems. Driven by Artificial Intelligence, PaiGE’s cloud-based solutions are expected to gather plant-centric data from cultivators and consumers in real time in order to optimize growth and user experience.
About Pond Technologies:
Located in Markham, Ontario, Pond is a technology company that provides profitable solutions to the global health and wellness challenges of climate change and nutrition. Pond’s proprietary growth platform, including patented advanced photonics, optimizes key growth inputs in order to provide a controlled environment that maximizes the growth of algae and other organisms. This enables industrial emitters to generate new revenue streams from the transformation of underutilized CO2 to valuable algae-based products, such as protein for animal feed and nutraceutical products like Chlorella, Spirulina, and Astaxanthin for human or pet consumption.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding PaiGE and expected results from PaiGE growth environment management systems. Such forward-looking statements are based on certain key expectations and assumptions made by Pond. Although Pond believes that the expectations and assumptions on which these forward-looking statements are based are reasonable, readers should not place undue reliance on these statements and Pond can give no assurance that they will prove to be correct. Pond does not undertake any obligation to update this forward-looking information except as required by law. For more information visit https://www.pondtech.com/ and review our most recent Managements Discussion & Analysis filed on sedar.com.
Additional information about risks, assumptions, uncertainties and other factors that could influence Pond’s business is provided in Pond’s most recent Management’s Discussion & Analysis, available on SEDAR at sedar.com and on Pond’s website.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved of the information contained herein.
SOURCE Pond Technologies Holdings Inc.
For further information:
Steve Martin, Chief Executive Officer, at s.martin@pondtech.com, 416-287-3835 ext. 201
Chris Cory, Investor Relations, at c.cory@pondtech.com, 416‐287‐3835 ext. 215
This article was previously released via Newswire.