- SVFD Advisory Board to be chaired by Dr. Art Dawson, who brings extensive experience across the post-harvest sector to his new position.
- Company is turning focus from product development to commercialization.
- Save Foods has growing portfolio of proprietary, effective produce solutions; initial customer response to products has been positive.
Save Foods (NASDAQ: SVFD), an agri-food tech company focused on creating solutions to food waste and loss as well as food safety, has announced the formation of a new advisory board (https://ibn.fm/0RiwJ). In addition, the company appointed Dr. Art Dawson as board chairman. Initially, the board and its members will focus its efforts on building market awareness and facilitating sales of Save Foods’ products.
“We are delighted to welcome Art as chair of our advisory board. He will be a tremendous asset to our team,” said Save Foods CEO David Palach. “Art has repeatedly demonstrated his ability to guide products from development to market and propel revenue growth in the global arena. I am confident we will benefit greatly from his insight and expertise as we turn our focus from product development to commercialization.”
According to the company, Dawson brings extensive experience across the post-harvest sector to his new position. Most recently, Dawson founded the Dawson Company, an agriculture and postharvest consultancy; he also serves as editor of “The Heartbeat of Agricultural Technology,” a digital magazine focused on cutting-edge industry technology. In the past, Dawson has held leadership positions with major produce operations, including worldwide general manager of Decco Post Harvest Division and vice president of fungicides at Ecogen Inc. Dawson also worked as manager of quality control for Dole Citrus and manager of fresh fruit sciences group at Sunkist Growers Inc.
“This is an exciting time for Save Foods,” observed Dawson. “I believe they are well positioned to become a leader in the sector. They have a growing portfolio of proprietary, extremely effective produce solutions and initial customer response to their products has been very positive. I look forward to working with management to realize their full growth potential.”
The company also announced that Dawson is a featured guest on the latest episode of The Stock2Me Podcast, a program that features a fascinating array of companies and individuals, many of whom are actively revolutionizing age-old business practices within their respective markets (https://ibn.fm/V9Wyh).
Throughout the interview, Dawson and Stock2Me Podcast host Stuart Smith explored Dawson’s extensive background in the post-harvest industry as well as discussing Save Foods’ business model, recent milestones and near-term goals.
“The most important thing to know is that Save Foods has successfully completed the development and has also begun to market natural, eco-friendly [treatment] for fresh produce,” said Dawson during the interview. “These solutions are used in the process of protecting fresh fruits and vegetables, and, therefore, they’re an important part of the economic scheme of the fresh produce value chain. This is because the products themselves contribute to the extension of shelf life within that value chain. They are also used simultaneously to ensure food safety and to ensure compliance with the current U.S. Food Safety Modernization Act.
“To summarize this point, Save Foods’ solution not only prolongs the shelf life of produce, thus reducing wasted food, but it also ensures safe, natural and healthy produce,” he continued. “Moreover, Save Foods’ solution leaves behind no unhealthy chemical residues. So with these innovations in play, Save Foods is addressing one of the biggest issues in the food business today . . . pathogens. These pathogens are the main cause of food decay and food safety issues… which lead to food waste, human illness and produce recalls. These issues alone cost hundreds of billions of dollars to the economy every year.”
Dawson noted that Save Foods uses its proprietary technology, which includes natural food acids, to deal with pathogens. The technology results in an exclusive Save Foods treatment that reduces and in some cases replaces completely the synthetic residuals fungicides currently being used to protect produce. “In addition to the consumers’ benefit, there’s a specific result that is of high interest to those people in the produce business,” said Dawson. “Save Foods solution is easy to use and implement. It is easily integrated into the already existing fruit and vegetable packing systems. It enters seamlessly into the user’s current operations.”
Save Foods offers the first green product with potential to actually replace the different residuals chemicals used today while also addressing the challenges of both food waste and food safety. The company’s core applications are ecofriendly, post-harvest treatments for fruits and vegetables. SVFD’s proprietary technologies reduce the need for conventional post-harvest fungicide by at least 50% — even entirely in some cases — can reduce food loss due to spoilage by up to 50%.
The company is dedicated to delivering integrated solutions for improved safety, freshness and quality, every step of the way from field to fork. Collaborating closely with its customers, Save Foods develops new solutions that benefit the entire supply chain and improve the safety and quality of life of both workers and the consumers alike.
For more information, visit the company’s website at www.SaveFoods.co.
NOTE TO INVESTORS: The latest news and updates relating to SVFD are available in the company’s newsroom at https://ibn.fm/SVFD
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