CHESTNUT RIDGE, N.Y., May 22, 2017 /PRNewswire/ -- BioHiTech Global, Inc. ("BioHiTech" or the "Company") (OTCQB: BHTG), a green technology company that develops and deploys innovative and disruptive waste management technologies, today announces its continued expansion across the U.S. by shipping the 100th digester to their largest customer to date, the Federal Bureau of Prisons.
The BioHiTech Eco-Safe Digester® is the Company's cost-effective and environmentally responsible on-site food waste disposal system. BioHiTech began supplying digesters to the Federal Bureau of Prisons in June of 2011 and in just under 6 years the 100th digester has now been installed. The federal prison system houses in excess of 206,000 inmates on any given day and with the installation of this 100th unit, BioHiTech estimates that the Federal Bureau of Prisons is now diverting approximately 44 million pounds of food waste from landfills each year representing roughly 65% of the incarcerated population. The Company further estimates that the use of its digesters saves the federal government approximately $1.4 million in annual disposal costs while having a significant positive impact on the environment.
"Our implementation throughout the federal prison system is truly a win-win scenario and demonstrates the value proposition of our sustainable food waste disposal system," said Frank E. Celli, Chief Executive Officer of BioHiTech Global. "Our solution focuses on processing food waste at its point of generation for easier, safer, and more cost-effective disposal. In addition to the financial benefits associated with the use of our digesters, the prisons may claim the preservation of almost 600,000 cubic feet of landfill space each year. We look forward to additional implementations with this important customer as we work to deploy BioHiTech's cost-effective solution across the country and revolutionize the food waste management industry."
About BioHiTech Global
BioHiTech Global (OTCQB: BHTG), "The Company" headquartered in Chestnut Ridge NY, develops and deploys innovative and disruptive waste management technologies. The combined offerings of BioHiTech Global offer our customers a full suite of technology based disposal options capable of having a significant impact on waste generation while providing a true zero landfill environment. With options for both on and off site biological treatment of waste, BioHiTech Global is a leader in zero waste solutions for businesses and municipalities. For more information, please visit www.biohitechglobal.com.
Forward Looking Statements
Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance. These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of BioHiTech Global, Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. BioHiTech Global, Inc. assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as "Risk Factors" in our filings with the Securities and Exchange Commission ("SEC"). There may be other factors not mentioned above or included in the BioHiTech's SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement. BioHiTech Global, Inc. assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by securities laws.
SOURCE BioHiTech Global, Inc.