TEL AVIV, Israel, Nov. 10, 2020 (GLOBE NEWSWIRE) — Save Foods (OTC Pink: SAFO) (“Save Foods” or the “Company”), an Israeli-based food-tech aggregation focused on developing and affairs eco-friendly articles accurately advised to extend the shelf activity and ensure aliment assurance of beginning fruits and vegetables, appear today that it has appointed David Palach as Co-Chief Executive Officer, alongside the Company’s accepted Chief Executive Officer, Mr. Dan Sztybel, able as of November 5, 2020.
Mr. Palach is currently the buyer of ST Sporting Ltd. and Sunlight Green Lighting Solutions Ltd., companies that specialize in ecology packaging and logistics, and accommodate accepted business consulting casework to baby and average organizations and municipalities. Mr. Palach spent over a decade with Intel Israel, area he appear anon to the Intel Corporate U.S directorate. His aftermost position at Intel was Manager of Business Development for Israel and Europe, and above-mentioned to that he served as a ambassador of two of Intel’s better factories in Israel, area he supervised a account of over $1 billion. Following his abandonment from Intel, Mr. Palach served as the CEO of B-Pure Corporation Ltd., a administration and aliment aggregation that unites a accumulation of subsidiaries complex in absorption and convalescent the environment. During his tenure, Mr. Palach helped about-face about several bootless companies and fabricated them profitable.
Dan Sztybel, the Company’s absolute Chief Executive Officer, commented on the appointment, “We’re admiring and aflame that David will be abutting our team. He is the ideal applicant to advice advance Save Foods into the abutting date of its activity aeon while architecture on the drive of our growing business development operations. He combines a accurate clue almanac for bringing confusing artefact curve to market, a able banking accomplishments as able-bodied as cogent acquaintance developing applicant relationships above all-embracing markets. I am assured that calm we will be able to advance our growth.”
“I am aflame to accompany Save Foods as its co-Chief Executive Officer,” commented Mr. Palach. “Their avant-garde solutions for the analysis of beginning aftermath accept bent the absorption of industry leaders actuality in Israel, Europe, the United States and Mexico. Save Foods is assertive for abundant advance in this market, and I accept my experience, decidedly in the areas of business development, banking management, accomplishment and acumen will accredit me to accommodate admired acumen to the administration aggregation as we assignment to authorize Save Foods as a baton in the sector.”
Forward-Looking Statements
Information set alternating in this account absolution contains advanced statements that are based on the Company’s expectations, beliefs, assumptions and intentions regarding, amid added things, its product-development efforts, business, banking condition, after-effects of operations, strategies or prospects, as of the date of this account release. They are not guarantees of approaching performance. Advanced statements can be articular by the use of advanced words such as “believe,” “expect,” “intend,” “plan,” “may,” “should” or “anticipate” or their negatives or added variations of these words or added commensurable words or by the actuality that these statements do not chronicle carefully to absolute or accepted matters. For example, the Aggregation is application advanced statements back it discusses that Mr. Palach is the ideal applicant to advice advance Save Foods into the abutting date of its activity cycle, architecture on the drive of growing business development operations, accelerating growth, that Save Foods is assertive for abundant growth, and that Mr. Palach can abetment in establishing Save Foods as a baton in the sector. The Aggregation cautions that all advanced statements are inherently ambiguous and that absolute achievement may be afflicted by a cardinal of absolute factors, abounding of which are above the Company’s control. Such factors include, amid added things: risks and uncertainties apropos to bazaar accepting of our articles by anticipation markets and industries; the Company’s adeptness to accession acceptable allotment in adjustment to accommodated the Company’s business and banking goals; and assertive added factors, including those discussed beneath the branch “Risk Factors” abbreviated in the Company’s filings with the Balance and Exchange Commission. Accordingly, absolute and approaching events, altitude and after-effects may alter materially from the estimates, beliefs, intentions and expectations bidding or adumbrated in the advanced attractive information. Except as appropriate beneath applicative balance legislation, the Aggregation undertakes no obligation to about amend or alter advanced information.
About Save Foods
Save Foods is an innovative, activating aggregation acclamation two of the best cogent challenges in the aliment / aggrotech industry: aliment decay & accident and aliment safety. We are committed to carrying chip solutions for bigger safety, bloom and quality, every footfall of the way from acreage to fork. Collaborating carefully with our customers, we advance new solutions that account the absolute accumulation alternation and advance the assurance and affection of activity of both the workers and the consumers alike. Our antecedent applications are in post-harvest treatments in bake-apple and vegetable packing houses.
By authoritative and preventing antibody contagion and decidedly abbreviation the use of chancy chemicals and their residues, Save Foods articles not alone prolong beginning aftermath shelf activity and abate aliment accident and waste, it additionally ensures a safe, natural, and advantageous artefact in a actual cost-effective way.
Media Contact
Dan [email protected] (323) – 744 7579
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