USBO's positive
research trials on peanuts have provided the confidence needed for the
Company
to arrange to mass market its anti-TSWV peanut product(s) in 2006.
USBO feels confident that
it should be in position to control the anti-TSWV
product market for the foreseeable future. One
of which is a proposed solution to control "citrus
canker," the most devastating fruit growing problem
in Florida. In addition, Mr. There can be no assurance that
such statements will be accurate and
actual results and future events
could differ materially from those anticipated in such statements
.S.
soybeans drought
The windfall for US BioTec is very significant, with
potential new annual sales that can easily
total millions of dollars due to
the ready-made market(s) that obviously exists for anti-TSWV products
,"
states Jimmy Joyner, CEO of US BioTec.S. We expect to begin realizing immediate revenue from these
products as we begin delivering them to farmers in the Southeastern
U.
Syngenta's Bt10 product
has never been used or sold by Monsanto.S.
Additionally, Monsanto also has extensive information
on grain marketing
options for farmers who may have questions about corn traits they are using.fullest bulb
These compounds can also be modified for use on bell
peppers and tomatoes., which will all operate
under the USBO parent corporation. USBO is striving to be the U.
tradesmen vdacs
And, even if they were
to enter this market later, USBO will
still have the "ecologically friendly" marketing edge on their
toxic
products. In 2005 the
USDA projected approximately 73.
All of US BioTec's products
are non-toxic, non-carcinogenic and
bio-degradable alternatives to the toxic and sometimes carcinogenic
agrichemicals that have been widely used by farmers for decades.S. The Company's products are
designed
to rehabilitate soils, repel insects and increase crop
(plant) yields through environmentally friendly
alternatives to toxic
man-made pesticides and caustic synthetic fertilizers. Department of Agriculture
indicates that the warm
weather across the Corn Belt is favorable for planting, and Monsanto is
reporting
significant planting throughout the Corn Belt. Monsanto continues
to see strong demand for its U
. These practices have
been demonstrated to be effective in producing the highest quality seed
products
for Monsanto's customers and seed partners., litigation, intellectual property,
regulatory compliance
(including seed quality), environmental contamination
and antitrust; successful completion and operation
of recent and proposed
acquisitions; fluctuations in exchange rates and other developments related
to
foreign currencies and economies; increased generic and branded competition
for the company
's Roundup herbicide; the accuracy of the company's estimates
and projections, for example, those
with respect to product returns and grower
use of the company's products and related distribution
inventory levels; the
effect of weather conditions and commodity markets on the agriculture
business;
the success of the company's research and development activities and
the speed with which regulatory
authorizations and product launches may be
achieved; domestic and foreign social, legal and political
developments,
especially those relating to agricultural products developed through
biotechnology;
the company's ability to successfully market new and existing
products in new and existing domestic
and international markets; the company's
ability to obtain payment for the products that it sells;
the company's
ability to achieve and maintain protection for its intellectual property; the
company
's ability to fund its short-term financing needs; and other risks and
factors detailed in the company
's filings with the U.ranchers doane
(OTC: USBO), an emerging player
in the rapidly growing
bio-chemical sector
of the multi-billion dollar agri-business industry,
today announced results of several weeks of research
activity that it has
produced overwhelmingly positive initial results from in-field research and
controlled tests of several new products in the pathogen control area. Based on the resources of
this
national partner, and their existing presence in several thousand stores of
major mass retailers
, this joint venture would place USBO far ahead of our
initial consumer products sales projections
in the lucrative lawn & garden
retail market," concludes Joyner. Lynch has received verbal
commitments
from 10 owner/operators willing to lease-on with TLC. In 2007, the Company
plans to begin offering
products from its Commercial division, which
will be targeted for the commercial landscaping, turf
farm and golf
course markets.
U. YieldGard Corn Borer and Roundup Ready Corn 2 single events
are
both fully approved by the EU.tradepub countryroads
Our goal at this point is to sign a deal in time to have the
first joint
products available for Spring/Summer 2006. The
company's US BioTec Products subsidiary
is divided into three separate
biochemical divisions: Agriculture, Commercial and Retail. All of
the
products being launched in 2005 will come from the Company's
Agriculture division.usbioteccorp
.Monsanto Takes Action to Ensure U.S. Farmers Can Have Total Confidence in Availability and Marketability
of Monsanto Corn Products
farmer customers
regarding Monsanto corn trait products and reinforced
the company's
expectation that its products will remain fully available and marketable.S.hogs aggregation
"The 2005 spring/summer research with the TSWV products has yielded a
tremendous advancement in our
anti-pathogen product capabilities. The Company feels
extremely confident that sales of its soybean
product will be significant
for the 2006 soybean growing season as some university and industry sources
believe the "Asian Rust" will spread to more acres each year. US BioTec is quickly transitioning
from development stage to production phase" says Jimmy Joyner CEO of
US BioTec, Inc.
USBO has
facilitated the acquisition of Scorpion Logistics, an OTR
refrigerated trucking company into TelStar
Logistics Corp. of Safety Compliance. The subsidiary's retail
business is currently in full swing
as the spring fertilizer rush is
starting.
Additionally, Monsanto continues to see strong
demand for its products,
especially Monsanto's corn seed and biotechnology traits, according to Kerry
Preete, vice president of U. Undue reliance should not be placed on these forward-
looking statements
, which are current only as of the date of this release.vdacs indiainfoline
These tests have proven that USBO
products
applied correctly and precisely can offer acceptable field control
of TSWV on peanuts, and the limited
trials on tobacco have shown positive
signs as well.
Record rainfall levels in areas of Georgia
this spring and summer where the
Company had already made contacts to sell tobacco and vegetable
products,
coupled with an extraordinary drought in areas of Indiana where USBO had
made contacts
to test market its "Asian Rust or anti-pathogen" product for
soybeans, has hindered sales in each
market area.
About US BioTec
US BioTec was established to profitably develop, manufacture
, market and
distribute bio-degradable, non-toxic and
non-carcinogenic products to agriculture
, the commercial turf industry,
forestry, golf courses, professional landscapers, nurseries and mass
market
retail lawn and garden markets.com., TelStar Logistics, and TelStar Funding
Corp.S. The
company's combination of foundation and commercial seed
quality assurance processes and production
methods are designed to guard
against the possibility of unintended and unapproved events, such as
Syngenta's Bt10, being introduced into its seed lines.S. Securities and
Exchange Commission. The
company disclaims any current intention or obligation to revise or update any
forward-looking
statements or any of the factors that may affect actual
results, whether as a result of new information
, future events or otherwise.The Business/Agriculture
agribusiness tallow
USBO will begin the initial
marketing of the
anti-TSWV products for tobacco in the first quarter of
2006 and will begin marketing similar products
for application on tomatoes
and bell peppers later in 2006."
"Although a big part of our efforts
in 2005 has been focused on building
out our infrastructure and running
in-field research tests
on a variety of products, which have produced very
promising market potential, and although 2005
sales numbers have not yet
been as large as some would desire or resulted as soon, the Company is
making real progress in lining up future marketing contacts not only for
agricultural products
, but for marketing consumer -- lawn & garden products
as well. There can be no assurance that such
statements will be
accurate and actual results and future events could differ materially from
those
anticipated in such statements.
LOUIS, As farmers continue planting
in the United States
this spring, Monsanto Company (NYSE: MON) initiated
proactive steps to provide clear information
to its U."
Notably, Monsanto has in place an extensive seed-quality assurance program
that
screens the parent seed that is used by Monsanto's DEKALB and Asgrow
brands and provided by Holden
's to its seed partners to produce hybrid seed
for growers. However, since these statements are based
on factors that involve
risks and uncertainties, the company's actual performance and results may
differ materially from those described or implied by such forward-looking
statements.vdacs chickpeas
With
these
accomplishments we feel TLC is set to begin commercial hauling
operations in about three weeks,"
continues Joyner.bulb aggregation
"We are finally nearing the point that we have been working for
since going
public last year. In doing
so, TLC has successfully secured the necessary DOT permits, attained
Tennessee
registration and acquired an ultra-low fleet insurance
program. In addition, TCL trucks can
also
haul USBO products.
The Company's "US BioTec Products Corp" subsidiary will be running the
production
facility. In 2006, US BioTec plans to launch the first
lawn + garden products from its Retail division
.S.
Cautionary Statements Regarding Forward-Looking Information:
Certain statements
contained in this release are "forward-looking
statements," such forward-looking statements may include
as statements
concerning the company's anticipated financial results, current and future
product
performance, regulatory approvals, currency impact, business and
financial plans, the outcome of
contingencies and other non-historical facts.hogs winegrape
Therefore USBO believes that it is logical to assume
that it
should control the TSWV market for the next several years without any real
outside competition
to drive down the profit margin of these products.S. The
agrichemical market, which is measured
in the tens of billions of dollars
annually, is controlled primarily by a handful of large multi
-national
corporations such as DuPont, Syngenta, Bayer, BASF, Dow Chemical and
Monsanto. All
statements
, other than statements of fact, included in this release may
include forward-looking statements that
may involve risks and
uncertainties.
"Over the past several months USBO has also initiated
the
formation / acquisition of an over-the-road (OTR) trucking company. USBO has hired the past owner
of Scorpion Logistics, Thomas
Lynch to serve as President of the TLC subsidiary.
The basic
premise behind USBO's entry into the trucking market is
that if USBO products are going to help growers
produce commodities,
then TLC trucks could help growers haul their commodities. USBO
believes
that the facet of quick pay creates another in-house profit
center, while providing TLC with an excellent
driver recruitment tool.com .ranchers agri
ST.
With the potential confusion surrounding media reports that
the European
Union is instituting special testing requirements that assures corn gluten
feed that
enters the EU does not contain Syngenta's Bt10 trait product,
Monsanto officials believed it was
important to provide the information to its
farmer customers.toolshed tallow
This is based on the fact that
even
though the sales potential for anti-TSWV products for these four crops
total millions of dollars
annually, which should prove to be quite
profitable for a company the size of USBO, it is too small
of a core market
to make it economically feasible for the ag-chemical giants to justify
spending
tens of millions of dollars, plus several years of research and
development, to produce a toxic chemistry
-based product(s) for TSWV
control. and several universities have indicated U.
"In addition
, we are aggressively pursuing ongoing talks with a large
nationally known lawn & garden equipment
company about the potential joint
venture that was previously announced, wherein USBO will develop
a line of
consumer products to be branded, distributed and marketed by this partner. USBO is striving
to be the U.
Certain statements in this news release may contain forward-looking
information
within the meaning of the Federal securities laws. Crop Production for Monsanto. In its latest
crop
bulletin, the U. corn seed and biotech traits, including
Roundup Ready Corn 2, YieldGard Corn Borer
and YieldGard Rootworm. As a
result, Monsanto remains confident that it will meet the operational
and
financial commitments it has made for its 2005 fiscal year. YieldGard Rootworm, YieldGard Corn
Borer with
Roundup Ready Corn 2, YieldGard Rootworm with Roundup Ready Corn 2, YieldGard
Plus
, YieldGard Plus with Roundup Ready Corn 2, and Herculex(R) with Roundup
Ready Corn 2 can all be marketed
under the Market Choices(R) certification
mark, which identifies appropriate markets for grain, including
domestic feed
use. Market Choices is a registered
certification mark used under license from
the American Seed Trade
Association.doane oilseed
PRESS RELEASE US BioTec Updates Field Testing of Various Agricultural
Bio-Chemical Products
The latest US BioTec (USBO) biotechnology research, which tested a
new type
of anti-pathogen bio-chemical compound on peanuts in Terrell County,
Georgia, demonstrated
a significant break-through in Tomato Spotted Wilt
Virus (TSWV) control. market
leader in the
expanding bio-chemical sector of the annual multi-billion
dollar agricultural chemical marketplace
.US BioTec Inc.: Production of First Bio-chemical Products Set to Begin
USBO is also
finalizing
negotiations for a formulation plant that should be in
operation by April 15th.866sellcorn.aggregation ldp
USBO
's biotechnology has attracted the attention of sizable
companies within these industries," declares
Joyner. The new corporate headquarters complex will
host most of the growing company's operations
, including its executive
offices, offices for TelStar Logistics Corp.
"We recognize the importance
of marketing for our farmer customers, and our
top priority is ensuring they get the information
they need and they can plant
their corn fields with confidence this year and for many more to come
.com . Herculex is a registered
trademark of Dow AgroSciences LLC.landscaper agri
Even though the tobacco trials
were hindered by
massive rain totals throughout the entire growing season, results from this
field
research, as well as results from prior controlled environment
research, coupled with the success
of its "sister compound" on peanuts,
indicates that the new tobacco product has now achieved the
efficiency
level necessary to justify limited mass production of two
anti-TSWV products for two
different applications on tobacco seedlings and
in-field tobacco transplants in 2006.5 million acres
, with peanuts being
the largest acreage crop.
Business Editors
LAS VEGAS----
New Corporate Structure and Ventures Announced
US BioTec, Inc. (OTC Bulletin Board:USBO
)
It's
important that they understand and are confident that -- with Monsanto's
widely
accepted products -- they will continue to have all the marketing
options with approved biotech traits
that they had last year," said Preete.agribusiness hogs
The Company's products are
designed to rehabilitate soils
, repel insects and increase crop (plant)
yields through environmentally friendly alternatives to
toxic man-made
pesticides and caustic synthetic fertilizers. its wholly owned trucking
subsidiary
, and TelStar Funding Corp (TLC) its wholly owned factoring
company, the parent company's latest venture
.
"We recognize that farmers may have questions about the EU process.
These statements are
based on current expectations and currently available
information.fullest ranchers
S. We are close to beginning production
of
our first eight or nine bio-chemical products for agricultural clients
in April. The primary
production equipment is on the way
and production operations of our agricultural bio-chemical products
should begin in a matter of weeks. market leader
in the expanding bio-chemical sector of the annual
multi-billion
dollar agricultural chemical marketplace. To learn more
about US BioTec and its
products, please visit www.
DEKALB, Asgrow, YieldGard and Roundup Ready are registered trademarks
of
Monsanto Company and its wholly owned subsidiaries. Factors that could cause or contribute to
such differences
include, among others: the company's exposure to various contingencies,
including
those related to Solutia Inc.agri drought
These activities were the first in-field "real world" studies ever
done
outside controlled lab and greenhouse studies of prior years. farmers
intend to treat a large
percentage of soybean acres for "Asian Rust. This should significantly boost
revenues for next year
. within the next 60-90 days. The Company has
also received a verbal commitment from Dave Edwards
of Phoenix, AZ,
who has over 15 years experience in trucking operations, to act as its
V. We anticipate
product sales staring
during the second quarter of this year," concludes Joyner.monsanto.drought tradesmen
"To put the TSWV situation into perspective, it is a niche market that has
been begging and screaming
for control products for about 10 years. The
four-crop market is estimated around 2. The product
results achieved through 2005
sales should put US BioTec in an even better marketing position in
2006
when it begins offering many more of it products to farmers in the same
regions as well as
in many other states. The
agrichemical market, which is measured in the tens of billions of
dollars
annually is controlled primarily by a handful of large
multi-national corporations such as DuPont
(NYSE: DD), Bayer (NYSE:
BAY), BASF (NYSE: BF), Dow Chemical (NYSE: DOW) and Monsanto (NYSE:
MON
).P. (TFC) will be the factoring company that
will finance the receivables from TelStar Logistics
Corp's trucking
operations in order for TLC to pay its owner operators more quickly
than most
other companies in the refrigerated transport industry. The
Company undertakes no obligation to update
forward-looking statements
to reflect subsequently occurring events or circumstances or to
reflect
unanticipated events or developments.
Today, Monsanto's customers have more corn trait technologies
available
than ever before, and continue to have strong marketing options for these
technologies
.
Information is available through a toll-free hotline at 1-866-SELLCORN
(1-866-735-5267) and through
the Internet at http://www.hogs agri
Also this summer, another new compound similar to the peanut compound
mentioned above, was applied to TSWV-infected in-field grown tobacco plants
in Coffee County,
Georgia.
USBO will soon start selling to vegetable operations in the Southeast to
get sales
of its fruiting agents and growth promotion products out on 2005
fall and winter vegetable crops
. USBO
already has contacts with growers and a number of produce brokers that
can position TLC
favorably with growers.
The Ag Services subsidiary is the retail farm supply outlet and
flagship
outlet for the bio-chemical products.com
Certain statements in this news release may contain
-forward-looking- information within the meaning of the Federal
securities laws. All statements
, other than statements of fact,
included in this release may include forward-looking statements that
may involve risks and uncertainties.indiainfoline subscriber
9 million acres of soybeans would be
planted in the U. To
learn more about US
BioTec and its products, please visit www.usbiotec-corp.
"On other fronts
, our offices are finished, the computers have
been delivered, the intergraded accounting / operations
management
system is being set up and our staff has already started moving in.
US BioTec has
incorporated four separate subsidiaries: US BioTec
Products, Ag Services, Inc.fullest bulb
This is a major breakthrough
for the Company
because to date, no other conventional (toxic) or biotechnology (non-toxic)
product
has adequately inhibited infection of the virus, or inhibited the
function of the pathogen within
an infected plant. Still,
no company has offered any good product technology, primarily because
TSWV
does not generate the product sales needed to attract the large ag-chem
companies' interest
," explains Joyner. The Company undertakes no obligation
to update forward-looking statements to reflect
subsequently occurring
events or circumstances or to reflect unanticipated events or developments
.
TelStar Funding Corp. BioTec, Inc.
Monsanto Company is a leading global provider of technology
-based
solutions and agricultural products that improve farm productivity and food
quality. For
more information on Monsanto, see http://www.agribusiness toolshed
US BioTec, Inc. Excellent results have been achieved
in controlling
TSWV to the point of suppression that lasted for several weeks on
previously infected
actual in-field grown peanut plants using USBO's
experimental anti-pathogen
bio-chemical technology
.
USBO will continue to research and develop new products as markets present
themselves.
All of US BioTec's products are non-toxic, non-carcinogenic and
bio-degradable alternatives to
the toxic and sometimes carcinogenic
agrichemicals that have been widely used by farmers for decades
. (OTCBB:USBO), an emerging player in the rapidly
growing bio-chemical sector of the multi-billion
dollar agri-business
industry, today announced that it has completed renovation of its new
corporate
offices in Gleason, Tennessee (Weakly County).S.
About US BioTec
US BioTec was established
to profitably develop, manufacture,
market and distribute bio-degradable, non-toxic and non-carcinogenic
products to agriculture, the commercial turf industry, forestry, golf
courses, professional landscapers
, nurseries and mass market retail
lawn and garden markets.
These new EU measures aimed at
Syngenta's Bt10 trait product do not
restrict farmers' options for the marketability and acceptance
of corn
produced from Monsanto's internationally approved biotechnology traits.countryroads hogs
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