WEST PALM BEACH, Fla., July 23, 2012 /PRNewswire/ -- BeesFree, Inc. (BEES), a company that has developed an innovative composite food supplement for honeybees, BeesVita Plus™, to help honeybees avoid the effects of Colony Collapse Disorder (CCD), received a significant order for delivery in Slovakia.
This new order, which is subject to product registration and authorization in the European Union, calls for the company to deliver 3,500 liters of BeesFreeVita Plus™ to Elle-Elle, s.r.o., an agricultural and services company active in Slovakia (central Europe) and other nearby emerging European countries. The initial order is valued at over $190,000 with additional orders expected.
BeesFree Interim CEO, David Todhunter, stated, "I am very pleased to announce this new sales order. It shows that we are gaining acceptance throughout the European Union, one of our target markets. With approximately 20 million honeybee colonies, the European Union represents a potential market for BeesVita Plus of approximately $1.4 billion."
Elle Elle Managing Director, Mr. Leo Sicurelli, stated, "Our company has numerous established and emerging interests in Slovakia and other Central Europe countries, including farming and beekeeping. We like BeesFree's solution to improve honeybees' health. We are confident BeesFree's unique solution is the answer to the devastating CCD. It can save the entire market from this huge loss of bee colonies. We will continue working with BeesFree to support our expansion strategy in East and Central Europe countries."
About BeesFree, Inc. (BEES)
BeesFree Inc., a company focused on developing innovative solutions for the global beekeeping community, owns a patent pending technology that helps honeybees combat and avoid the effects of Colony Collapse Disorder (CCD). For more information please visit www.beesfree.biz or contact the company at the numbers listed below.
Statements about the future expectations of BeesFree, Inc. and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as that term is defined in the Private Securities Litigation Reform Act of 1995. BeesFree, Inc. intends that such forward-looking statements shall be subject to the safe harbors created thereby. Since these statements involve certain risks and uncertainties and are subject to change at any time, BeesFree actual results could differ materially from expected results.
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SOURCE BeesFree, Inc.