Precision Extraction Solutions by Agrify Releases Diamond Miner
02 Junho 2023 - 8:00AM
Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a
leading provider of innovative cultivation and extraction solutions
for the cannabis industry, announced the release of its new Diamond
Miner product under solvent extraction brand Precision Extraction
Solutions. The Diamond Miner is designed to deliver a safe,
reliable, and consistent solution for THC-A crystallization of
cannabis, enabling the creation of premium concentrates.
Precision Extraction Solutions, which Agrify acquired in October
2021, is a leading provider of comprehensive, solvent-based
extraction and post-processing solutions. With the release of the
Diamond Miner, Precision can provide customers with a full suite of
equipment for taking cannabis from biomass to concentrates.
The Diamond Miner has an optimal capacity of 1.3 liters and
eliminates the need for mason jars for added safety and
consistency. Featuring a liquid jacketed vessel for consistent
temperature control and repeatable results, the Diamond Miner
maintains a consistent internal environment to tightly control the
variation in temperature and pressure internally.
Safety and compliance are top of mind for Precision. The Diamond
Miner is provided with a Technical Report certification through an
Engineer Peer Review from Pressure Safety Inspectors (PSI) that
satisfies the Fire Code (IFC and NFPA) for all 50 states and the
District of Columbia. Additionally, high-pressure clamps withstand
a pressure rating up to 350 PSI. Built with premium 304 grade
stainless steel and designed with 2″ sight glass for easy process
inspection, the Precision Diamond Miner is built for
production.
“Creating consistent products reliably and safely is key for our
customers,” said Brian Towns, Executive Vice President and General
Manager Extraction Division at Agrify. “Our engineers design to
high standards, focusing on customer pain points so that operators
can focus on what they do best: creating strong products. With the
release of the Precision Diamond Miner, we continue to build out
our ecosystem of modular products, to help our customers enhance
their production capabilities and support their success.”
About Agrify (Nasdaq:AGFY)
Agrify is a leading provider of innovative cultivation and
extraction solutions for the cannabis industry, bringing data,
science, and technology to the forefront of the market. Our
proprietary micro-environment-controlled Vertical Farming Units
(VFUs) enable cultivators to produce high quality products with
unmatched consistency, yield, and ROI at scale. Our comprehensive
extraction product line, which includes hydrocarbon, ethanol,
solventless, post-processing, and lab equipment, empowers producers
to maximize the quantity and quality of extract required for
premium concentrates. For more information, please visit Agrify at
http://www.agrify.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
concerning Agrify and other matters. All statements contained in
this press release that do not relate to matters of historical fact
should be considered forward-looking statements including, without
limitation, statements regarding the expected performance and
benefits of the Diamond Miner product, and Agrify’s ability to
deliver solutions and services, including the development of new
solutions. In some cases, you can identify forward-looking
statements by terms such as "may," "will," "should," "expects,"
"plans," "anticipates," "could," "intends," "targets," "projects,"
"contemplates," "believes," "estimates," "predicts," "potential" or
"continue" or the negative of these terms or other similar
expressions. The forward-looking statements in this press release
are only predictions. Agrify has based these forward-looking
statements largely on its current expectations and projections
about future events and financial trends that it believes may
affect its business, financial condition and results of operations.
Forward-looking statements involve known and unknown risks,
uncertainties and other important factors that may cause our actual
results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by the forward-looking statements. You should carefully
consider the risks and uncertainties that affect our business,
including those described in our filings with the Securities and
Exchange Commission (“SEC”), including under the caption “Risk
Factors” in our Annual Report on Form 10-K filed for the year ended
December 31, 2021 with the SEC, which can be obtained on the SEC
website at www.sec.gov. These forward-looking statements speak only
as of the date of this communication. Except as required by
applicable law, we do not plan to publicly update or revise any
forward-looking statements, whether as a result of any new
information, future events or otherwise. You are advised, however,
to consult any further disclosures we make on related subjects in
our public announcements and filings with the SEC.
Company Contacts
Investor Relations Inquiries
Caitlin BrickerChief of
Staffcaitlin.bricker@agrify.com (617)
733-0584
Media Inquiries
Rachel SoulsbyVice President of Marketing
rachel.soulsby@agrify.com(978) 660-9125
Source: Agrify
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