News

Preservation Sciences, Inc. Awarded Dehydration Contract by the Bright Green Group

ACOMA PUEBLO, N.M., Oct. 11, 2016 – Preservation Sciences, Inc. is licensing its dehydration technology to the Bright Green Group for use in the $160 million facility Bright Green is building on the Acoma Indian Reservation in New Mexico.

Bright Green and the Acoma Pueblo Native American tribe are creating the world’s most advanced, state-of-the-art greenhouse facility and research center for medicinal plants. The development will occupy approximately 150 acres of the Acoma Indian Reservation and will have the capacity to grow up to 40 million plants per year.

Preservation Sciences’ innovative and unique dehydration technology will be used by Bright Green in processing medicinal plants produced by the greenhouse facility. Preservation Sciences is working with Dalsem Complete Greenhouse Projects to customize clean room technology for Bright Green.

“We believe Preservation Sciences’ technology is a perfect fit because it accelerates drying time for our medicinal plants as we prepare them for the critical oil extraction process,” said John Stockwell, Chief Executive Officer of the Bright Green Group. “The contract also stipulates that Preservation Sciences will setup operations onsite in New Mexico, which furthers the Stockwell family’s goal of bringing technology and jobs to the state.”

“Our Preservation Sciences dehydration process includes a unique protein coating which covers the harvested medicinal plants, speeding up the drying time without the typical damage created by conventional drying methods that use extreme heat or freeze drying,” said John Obeid, Chairman of the Board, Preservation Sciences.

“The Bright Green project is truly innovative, bringing together the best in the industry, and it includes affiliations with New Mexico State University, the University of New Mexico and the University of Guelph in Canada,” added Obeid, “We are truly proud to be part of this groundbreaking opportunity.”

The innovative Preservation Sciences technology is supported by Dr. Louis Restrepo, Preservation Sciences Vice President, Technical Development and Support, and Dr. Venkat Hari, Director, Preservation Sciences Advisory Board.

“Our PS Coating product has been successfully applied to more than one hundred agriculture and aquaculture products and consistently retains the highest natural attributes of the source material,” states Ed Sample, President, Preservation Sciences.

Preservation Sciences’ proprietary technology is suitable for numerous markets, including food and agriculture, pharmaceutical, cosmeceutical, and nutraceutical. The company has conducted many successful proof-of-principal production runs with a wide range of raw materials such as seafood by-products from the fillet processor, shrimp peel from the canning industry, orange peels from the orange juice processors, chicory root, sweet potatoes, and a wide range of fresh fruits and vegetables. Each unique process was developed with the goal of producing a new source of human consumable food products.

“Our experience and ability to utilize clean rooms, protein-based coating, and water-based bacterial removal technology, provides our clients with a truly tailored solution,” said Sample.

Preservation Sciences anticipates development work to begin on the project within the next six months which will include an on-site production facility for its proprietary PS Coating product. For more information about Preservation Sciences, Inc., visit www.PreservationSciences.com or contact Preservation Sciences at info@preservationsciences.com or 561-829-8335. For more information about the Bright Green Group, including a video about the Acoma Pueblo development, visit: www.BrightGreenGroup.com or call 505-552-2021.

Oct 11, 2016

Dr. Venkat Hari Joins Advisory Board

John Obeid, Chairman of the Board of Directors, Preservation Sciences, Inc. (“Preservation”), a leading developer and licensor of unique and proprietary dehydration technology, announced the appointment of Venkat (Ven) Hari, Ph.D., to its newly created Advisor Board. Dr. Hari will be working to assist the company in its ongoing advancement of technology in the areas of biotechnology, plant biology, medicinal plants, molecular biology, nutrition and health."

July 20, 2016

Citrus Licensing Agreement Announced

Ed Sample, President, Preservation Sciences, Inc., (“Preservation”), a leading developer and licensor of unique and proprietary dehydration technology, announced the execution of a licensing agreement with Citro-Des S. DE R.L. DE C.V. (“Citro-Des”) a leading citrus peel dehydration manufacturing company located in Hermosillo, Mexico. As a result of the agreement, Citro-Des becomes the first licensee of the unique and proprietary Preservation Sciences technology a leading citrus-peel dehydration manufacturing facility located in Hermosillo, Mexico.

July 18, 2016

Specialty Licensing Agreement Announced

John Obeid, Founder and Chairman of the Board of Directors of Preservation Sciences, Inc., (“Preservation”) a leading developer and licensor of unique and proprietary dehydration technology, announced the execution of a licensing agreement with Protein Solutions Group, LLC, (“PSG”) appointing PSG as its exclusive worldwide sales representative for cosmaceuticals, pharmaceuticals and nutraceuticals. PSG is a venture backed multidisciplinary group of licensing executives, targeting the dehydration technology market.The terms of the agreement were not disclosed.

July 1, 2016

Dr. Louis F. Restrepo Appointment

John Obeid, Founder and Chairman of the Board of Directors of Preservation Sciences, Inc.,(“Preservation”) a leading developer and licensor of unique and proprietary dehydration technology, announced the appointment of Louis F. Restrepo, Ph.D., as Vice President, Technical Development and Support, effective May 16, 2016. Dr. Restrepo was also elected to the company's Board of Directors.

May 16, 2016

Production Facility Opening

Preservation Sciences, Inc., (“Preservation”) a leading developer and licensor of unique and proprietary dehydration technology, announced the opening of its first manufacturing facility for the production of its exclusive PS Coating protein based, edible film coating product used in the company’s no-heat, dehydration technology. Preservation Sciences, S.A. de C.V., a wholly-owned subsidiary of Preservation began operations in its 12,000 square foot facility in Tijuana, Mexico on December 11, 2015.

Appointment of President

John Obeid, Founder and Director of Preservation Sciences, Inc. announced the appointment of Edward W. Sample to the position of President and Chief Executive Officer, effective July 29, 2015. In this role, Mr. Sample will report directly to Mr. Obeid in his role as Chairman of the Board of Directors, and assume operational responsibilities. Mr. Sample was also appointed to the Board of Directors.

July 29, 2015

Creation of Preservation Sciences, Inc

John Obeid, Founder and Managing Director of JPO Group, LLC, (“JPO”) announced the creation and formation of Preservation Sciences, Inc. (“Preservation”) for the purposing of developing and licensing certain intellectual property for the dehydration and preservation of agriculture and aquaculture materials.

July 29, 2015
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