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Press
Release Archives: 07/10/2002
Itronics
GOLD'n GRO Fertilizer Sales Up 350 Percent in First
Six Months of 2002
RENO,
Nev.--(BUSINESS WIRE)--July 10, 2002--Itronics Inc.
(ITRO - news) today reported sales of its GOLD'n GRO
fertilizer by its subsidiary, Itronics Metallurgical,
Inc., increased 350 percent in the first six months
of 2002 compared to the same period last year. The GOLD'n
GRO second quarter 2002 sales exceeded total GOLD'n
GRO sales for the entire year 2001.
"Our
GOLD'n GRO zinc fertilizer, a chelated liquid zinc micronutrient
for general use in all horticultural and agricultural
markets including cotton, soybeans and corn, is proving
to significantly increase nutrient availability to the
plants being fertilized, and is increasing our sales
total significantly," said Dr. John Whitney, Itronics
President. "We also are pleased to report that
a new product, GOLD'n GRO 8-8-8, that we developed for
the nursery market and for use in specialty agriculture,
is performing well in field trials and will now be introduced
in our California distribution network.
"We
anticipate GOLD'n GRO sales to continue to increase
for the balance of the year because of the success of
our new fertilizer products," Dr. Whitney said.
"We believe that silver sales, which we obtain
from photowaste prior to manufacturing the fertilizers,
will also increase in the second half of 2002, continuing
the positive growth path being established by Itronics."
Itronics,
through its subsidiary, Itronics Metallurgical, Inc.,
is the only company in the world with the technology
to extract more than 99 percent of the silver and virtually
all the other toxic heavy metals from photowaste and
to convert the resulting liquid into environmentally
beneficial, chelated, multinutrient liquid fertilizer
products sold under the trademark GOLD'n GRO. These
liquid fertilizers, which also can be used for lawns
and houseplants, and the popular Silver Nevada Miner
bars, a souvenir of the Silver State, are available
at the Company's Web site: http://www.itronics.com.
Itronics
Inc. is one of Nevada's leading process technology development
companies and a world leader in photochemical recycling.
Headquartered in Reno, Nevada, it specializes in recycling
technology development, photobyproduct recycling, silver
refining, and technical services for the mining and
recycling industries. 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: www.itronics.com
(The
statements in this news release that are not historical
facts or statements of current status are forward-looking
statements as defined in the Private Securities Litigation
Reform Act of 1995 that involve risk and uncertainties.
Actual results may differ materially.)
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