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Press
Release Archives: 01/11/2005
ITRONICS SALES OF GOLD'n
GRO LIQUID FERTILIZER INCREASE 84 PERCENT IN 2004,
FOURTH QUARTER GOLD'n GRO SALES INCREASE 22 PERCENT
RENO,
Nevada, January 11, 2005 -- Itronics Inc. (OTC BB: ITRO;
Frankfurt and Berlin Stock Exchanges: ITG) reported
today that 2004 GOLD'n GRO liquid fertilizer sales by
its subsidiary, Itronics Metallurgical, Inc., totaled
approximately $1,020,000, an 84 percent increase over
the prior year total. Fourth quarter GOLD'n GRO liquid
fertilizer sales totaled approximately $161,000, a 22
percent increase compared to the same quarter in 2003.
"Expanded
sales of existing and new products and a larger number
of bulk retail outlets selling GOLD'n GRO liquid
fertilizers combined to produce the increase in sales,”
said Dr. John W. Whitney, Itronics President. "The
fourth quarter sales increase is quite significant,
since it was achieved in spite of inclement late fall
weather in California."
"During the
fourth quarter Itronics Metallurgical participated in
planning meetings with sales personnel from the bulk
retail oulets in preparation for the 2005 sales season,"
Dr. Whitney said. "GOLD'n GRO sales are expected to
expand significantly again in 2005 due to increased
sales of new products introduced in 2004 and because of
geographic expansion of sales of the most popular
products into Idaho, Oregon, Washington, and several
northeastern states."
Itronics, through its subsidiary, Itronics
Metallurgical, Inc., is the only company in the world
with a "Beneficial Use Photochemical, Silver, and Water
Recycling" facility that extracts more than 99 percent
of the silver and virtually all the other toxic heavy
metals from used photoliquids and converts the resulting
liquids into environmentally beneficial, chelated,
multinutrient liquid fertilizer products sold under the
GOLD'n GRO trademark, and 5 troy ounce, 0.999 pure,
Silver Nevada Miner numismatic bars. The environmentally
friendly liquid fertilizers can be used for lawns and
houseplants, and are available, along with GOLD'n GRO
liquid fertilizer injectors, at the Company's "e-store"
catalog at http://goldngro.com . The popular
Silver Nevada Miner bars are available at the Company's
'e-store' catalog at
http://www.itromet.com
.
Headquartered in Reno, Nevada, Itronics Inc. is Nevada's
leading "Beneficial Use Recycling" company and a world
leader in photochemical recycling. The Company also
provides project planning and technical services to the
mining industry. Dr. John Whitney, Itronics President,
was selected as Nevada’s Inventor of the Year for 2000
and is a member of the Inventor’s Hall of Fame at the
University of Nevada, Reno. Itronics was one of five
finalists for the 2001 Kirkpatrick Chemical Engineering
Award, the most prestigious worldwide award in chemical
engineering technologies.
* * * * * * * * * *
VISIT OUR WEB SITE:
http://www.itronics.com
(Statements in this press
release may constitute forward-looking statements and
are subject to numerous risks and uncertainties,
including the failure to complete successfully the
development of new or enhanced products, the Company's
future capital needs, the lack of market demand for any
new or enhanced products the Company may develop, any
actions by the Company's partners that may be adverse to
the Company, the success of competitive products, other
economic factors affecting the Company and its markets,
and other risks detailed from time to time in the
Company's filings with the Securities and Exchange
Commission. The actual results may differ materially
from those contained in this press release. The Company
disclaims any obligation to update any statements in
this press release.) |
