mOasis technology hits new milestones as drought persists. Company sees increased grower adoption of BountiGel® soil moisture management product.
Union City, CA (PRWEB) April 14, 2015
mOasis (www.mOasisGel.com), announced that Q1 sales of its innovative BountiGel product exceeded full-year 2014 results, as more growers turned to the product to help improve water efficiency as California’s drought rages on.
Under a backdrop consisting of zero Federal water deliveries, snowpack levels at only 5% of normal, and the recent announcement by California’s Governor Brown mandating consumer water reductions of 25%, mOasis hit new milestones in its rollout of BountiGel during the first quarter of 2015.
Growers in 10 agriculture-focused counties throughout California, as well as Arizona and Baja Mexico, have incorporated BountiGel into their operations, where the product has enabled irrigation reductions of up to 20% and yield increases of 10%. Additionally, the company announced that as of Q1, 11 major types of crops have been grown with soil treated by BountiGel, with over 20,000 acres of California agriculture expected to use BountiGel by year end.
Steve Hartmeier, CEO of mOasis, stated, “We’re very pleased with the continued adoption rate of BountiGel and the recent milestones that the company has achieved in terms of geographic coverage and broad crop applicability. We’re looking forward to seeing continued growth throughout 2015 and beyond, as more growers look to BountiGel to offset the impact of the limited water supply situation.”
The company’s Q1 achievements were kicked off in early January when the company was selected to participate in the SVG/Forbes Thrive Accelerator program during the first quarter, including mentorship from top industry sponsors, presentation of the company at the upcoming SVG/Forbes Reinventing America Ag Summit, and a chance to compete for potential funding.
Based in Union City, CA, mOasis specializes in the application of science to create innovative products which address current challenges in agriculture. Through advanced, proprietary chemistry incorporated into the Company’s Aquamer® technology, the Company manufactures BountiGel® a non‐toxic soil additive that allows growers to optimize water resources for maximized crop yields and water conservation. BountiGel holds excess water near the seeds or roots and releases it as soil dries resulting in less plant stress and significantly higher crop yields while reducing water needs. The company is also exploring broader applications of the technology into seed treatments, soil erosion solutions, and municipal and consumer applications. The company’s vision is to promote economic and environmental sustainability anywhere water is used globally. For more information, please visit http://www.mOasisGel.com
Forward Looking Statements
This press release contains forward-looking statements (including without limitation the quotations from our CEO, Chairman and management) concerning mOasis’ future management, strategic plans, growth opportunities and performance. Risks and uncertainties may cause actual results to differ materially from the results predicted. The potential risks and uncertainties include, among others, competitive developments, the impact of management and organizational changes, the implementation and results of any strategic plans as well as mOasis’ ongoing product development, strategic and cost initiatives.
Steven R Hartmeier
Chief Executive Officer