CHESTNUT RIDGE, N.Y., May 31, 2018 /PRNewswire/ -- BioHiTech Global, Inc. ("BioHiTech" or the "Company") (NASDAQ: BHTG), a technology and services company that provides cost-effective and sustainable waste management solutions, today announced that it has received a patent from the U.S. Patent and Trademark Office for a network connected weight tracking system for a waste disposal machine.
The new U.S. Patent, No. 9,977,414 (the "414 Patent"), relates to a food waste weight tracking system and method using a waste disposal machine with data network connectivity to transmit weight tracking system information over a computer network, or cloud, for storage, tracking aggregation and sharing by a centralized computer system.
"Having this 414 Patent in hand is a major competitive advantage for BioHiTech as we now have the only integrated solution to measure food waste volumes directly from a disposal unit, such as our aerobic digesters or any other PLC controlled food waste disposal device, and share that data for analysis immediately via any network or the cloud," said Frank E. Celli, CEO of BioHiTech. "Food waste data is becoming increasingly more important to customers, not only for improving efficiency through better supply chain management, but also for providing evidence of compliance in those areas where disposal of food waste is regulated by the government. We believe our patented methodology checks all the boxes making it the simplest, smartest and most cost effective way to dispose of food waste in a sustainable manner for the environment. We have additional patents pending as part of our IP protection strategy and will continue our product innovation efforts to further enhance our competitive advantage, drive future revenue growth, and build lasting value for our stockholders."
About BioHiTech Global
BioHiTech Global, Inc. (NASDAQ: BHTG), is changing the way we think about managing waste. Our innovative waste management services combined with our disruptive technologies provide sustainable waste disposal and supply chain management solutions for businesses and municipalities of all sizes. Our technology platform, including the on and off-site biological treatment of waste, is designed to reduce overall waste generation and virtually eliminate landfill usage while creating a valuable renewable fuel. For more information, please visit www.biohitech.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.