Ecoark Holdings, Inc. (OTCQX: EARK)

On April 21st 2017 by OTC PR No Comments

NEWS:

Ecoark Holdings, Inc. Completes Sale of Eco3d

Company reallocating capital as it continues focus on generating long-term shareholder value through commercialization of core technologies and new strategic acquisitions

ROGERS, AR–(Marketwired – April 17, 2017) – Ecoark Holdings, Inc. (“Ecoark”) (OTCQX: EARK), a provider of a suite of proprietary technologies and services that drive sustainability and facilitate sustainable growth for a wide range of clients, today announced it has completed a sale of the assets of its subsidiary, Eco3d, for cash and assets with a value of approximately $4.8 million. The transaction was completed on April 14, 2017. Proceeds from the sale consist of $1.9 million cash, 560,000 shares of Ecoark Holdings, Inc.’s common stock, returned to the company by the buyer’s principals at $4.74 per share, the closing share price on the date of the transaction closing, and the assumption of liabilities, including $200,000 payable to Ecoark Holdings within four months.

“This transaction is another significant step in our strategic growth plan, as it allows us to further focus our efforts on the commercialization and eventual profitability of our core technologies, such as Zest Fresh, and to add additional strategic acquisitions to our portfolio that provide the greatest opportunity of generating long-term shareholder value,” said Jay Puchir, CEO, Ecoark Holdings, Inc. “Eco3d was a positive addition to our portfolio, as it had strong management and was well recognized as an industry-leader within its space. As Ecoark continues to hone its focus towards its core mission, we will continue to allocate new and existing capital toward investments that provide long-term shareholder value as we enter this exciting next phase for our Company and our shareholders.”

The sale is one of several recent steps taken by the Company to further streamline operations and reallocate capital to achieve its core mission — generate long-term shareholder value by establishing and developing a portfolio of subsidiaries featuring either stable, free cash flow positive businesses or opportunistic, scalable technologies. The Company will continue its production of commercialized solutions to solve the $35 billion dollar problem of fresh food loss within the supply chain, led by its wholly owned subsidiary Zest Labs and its fresh management solution, Zest Fresh. Zest Labs has an opportunistic, scalable technology that reduces waste and maintains freshness quality, consistency, and margins within the fresh foods supply chain, providing real-time feedback that empowers workers to maintain best practices.

About Ecoark Holdings, Inc.

Based in Rogers, AR and founded in 2011, Ecoark Holdings, Inc. is a growth-oriented company based in the retail and logistics hub of Northwest Arkansas. Ecoark’s current portfolio of subsidiaries monetize the reduction of waste in Operations, Logistics, and Supply Chains across the evolving global economy.

Ecoark’s vision is to deploy a company-first philosophy using radical transparency to optimize capital deployment via aggressive deal flow sourcing and vetting, and achieve financial objectives by hiring and developing strong, properly incentivized managers.

Ecoark addresses these vital economic factors through three active subsidiaries, Zest Labs, Pioneer Products, and Magnolia Solar.

For more information, please visit http://www.ecoarkusa.com/.

Forward Looking Statement:

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

Ecoark Holdings, Inc. Subsidiary Magnolia Solar Awarded U.S. Patent on Thin Film Solar Cells on Flexible Substrates and Methods of Constructing the Same

ROGERS, AR–(Marketwired – April 04, 2017) – Ecoark Holdings, Inc. (OTCQX: EARK), a provider of a growing suite of proprietary technologies and services that drive sustainability and facilitate sustainable growth for a wide range of clients, today announced its subsidiary Magnolia Solar, Inc. has recently been awarded a new U.S. patent by the United States Patent and Trademark Office (USPTO).

The U.S. Patent No 9,590,133 issued on March 7, 2017 relates to the development of “Thin Film Solar Cells and Methods of constructing the same.”

Magnolia Solar develops flexible, lightweight, high-efficiency solar cell technologies for a wide range of applications including portable power applications. Magnolia Solar’s technology portfolio includes nanostructured antireflection coatings, advanced thin film photovoltaic absorber structures, and novel low-cost manufacturing processes. Flexible thin film solar cells are an attractive source of portable and mobile power, as they can be integrated into flexible, lightweight photovoltaic modules that can operate in both terrestrial and space environments.

Magnolia Solar, Inc. is now the assignee of seven U.S. Patents and has 16 additional patent applications that are at various stages of review at the U.S. Patent Office. These issued patents describe and protect Magnolia Solar’s innovations in the field of high-performance, lightweight flexible solar cells for photovoltaic applications and expands the intellectual property portfolio to these issued patents.

The issuance of this most recent U.S. patent is the second in 2017 for Magnolia Solar. On January 10, 2017, it was issued U.S. Patent No. 9,543,456 related to the development of “Multijunction Solar Cell Employing Extended Heterojunction and Step Graded Antireflection Structures and Methods of constructing the same.” These patents build the intellectual property for Magnolia Solar, a subsidiary of Ecoark Holdings, Inc.

“We are pleased that our subsidiary, Magnolia Solar has been awarded a second patent this year. These patents ensure the protection of our technology in the field of flexible photovoltaics and nanostructured Antireflection Coating technologies,” said Troy Richards, Chief Administrative Officer, Ecoark Holdings Inc.

“As solar applications become more mainstream, it’s important that the industry makes advances in the technology in order to increase the efficiency and drive the costs down. The team at Magnolia Solar have made great strides as they pursue the commercialization of solar technology, and this newly awarded patent is validation of that work,” said Jay Puchir, CEO, Ecoark Holdings, Inc. “As a company focused on sustainability, all of us at Ecoark are tremendously proud of this accomplishment.”

About Ecoark Holdings, Inc.

Based in Rogers, AR and founded in 2011, Ecoark Holdings, Inc. is a growth-oriented company based in the retail and logistics hub of Northwest Arkansas. Ecoark’s portfolio of technology solutions increase operational visibility and improve organizational transparency for a wide range of corporate clients.

Ecoark’s technologies fight waste in Operations, Logistics, and Supply Chains across the evolving global economy. Ecoark’s portfolio of companies and technologies work to integrate people, processes, and data in order to overcome ingrained operational hurdles and create new revenue streams.

Ecoark’s vision is to expose the cycles of waste that reduce efficiency and cost effectiveness across the business landscape. Ecoark’s strategically acquired subsidiaries have anticipated and responded to key economic factors impacting every business today.

Ecoark addresses these vital economic factors through four active subsidiaries, Zest Labs, Eco3d, Pioneer Products, and Magnolia Solar.

For more information, please visit http://www.ecoarkusa.com/.

Forward Looking Statement:

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

In Preparation for Nasdaq Uplisting, Ecoark Holdings Appoints Jay Puchir CEO and Adds Former Walmart Treasurer Charles Rateliff as CFO

Restructuring to Streamline Parent Company and Focus Key Subsidiaries on Profitability; Founder Randy May to Remain Chairman of the Board

ROGERS, AR–(Marketwired – March 29, 2017) – Ecoark Holdings, Inc. (“Ecoark” or “Ecoark Holdings”) (OTCQX: EARK) today announced several key organizational changes to streamline parent company operations and focus key subsidiaries on attaining profitability as the company prepares to complete its application for uplisting on the Nasdaq Capital Market. As part of the restructure, the Ecoark board of directors has unanimously voted to appoint Jay Puchir CEO of Ecoark Holdings. Ecoark Founder Randy May will remain Chairman of the Board after nominating Jay Puchir to assume the CEO role. The company also elected former Walmart Treasurer Charles Rateliff CFO and Treasurer of Ecoark Holdings. The company’s CFO position has remained vacant since former CFO Yash Puri resigned in January 2017.

“Over the past 12 months, as a post-merger public company, we’ve successfully focused on fundraising and growth through acquisition. As we prepare for this critical next stage of the company and uplisting to Nasdaq, we’re proud to promote Jay as our new CEO to develop and execute our strategic growth plan and ensure we deliver maximum shareholder value,” commented Randy May, former CEO of Ecoark Holdings. “During his time as director of finance, secretary, and treasurer, Jay has been invaluable in helping Ecoark and our subsidiaries begin to adopt industry best practices. I’m looking forward to continuing to work closely with him as we enter this exciting next phase of the company’s maturation.”

Key Organizational Changes
In addition to appointing Jay Puchir CEO and Charles Rateliff CFO, Ecoark Holdings also announced two additional executive changes:

  • COO Roshan Weerasinghe was appointed as CEO, Pioneer Products, an Ecoark subsidiary, to focus full time on business development and not corporate operations; and
  • SVP of Business Development Gregg Hames will transition to his new role as VP of Professional Services, Zest Labs, an Ecoark subsidiary, moving from his role at Ecoark.

“Ecoark has rapidly and successfully transitioned from the development stage to a highly valuable collection of revenue-producing subsidiaries that solve major business challenges. We’re currently focused on improving our fundamentals, increasing sales through growth and acquisitions, and attaining profitability to maximize shareholder value,” said Puchir. “The fact that Charles is coming out of retirement to become CFO demonstrates his confidence in the company and the huge market opportunity in front of us. I’m looking forward to the opportunity to lead this highly dynamic organization with disruptive technologies through one of the most exciting processes in business.”

Jay Puchir has held executive roles at several companies prior to joining Ecoark Holdings. Most recently, he led Ecoark’s financial planning and analysis, treasury and secretary functions, and worked with the Corporate Controller with financial reporting. Jay began his career as an auditor and consultant with one of the Big 4 accounting firms, ultimately earning the position of Senior Manager. He then held the role of the Director of Finance/Controller at a state college, and then Associate Chief Financial Officer within a Fortune 100 healthcare organization. A licensed Certified Public Accountant, Jay received his Bachelor of Arts from the University of North Carolina at Chapel Hill and his Master of Business Administration from Rutgers University.

Charles Rateliff retired in 2005 from Walmart Stores as a Senior Vice President after a 25-year career. Following his retirement, he served as an independent consultant to several private investment groups. After receiving an MBA from the University of Arkansas, he was hired as an internal auditor for Walmart and within five years was promoted to Assistant Treasurer and later on, Treasurer. Over the course of his career at Walmart, Charles worked across several departments including compliance, risk management, profit sharing and associate benefits. Charles has been an independent member of the Ecoark Board of Directors since May 2016.

In addition to the aforementioned executive changes, the Board voted to increase the number of Directors from seven to nine and will immediately begin searching for two additional independent Directors to fill the vacancies.

About Ecoark Holdings Inc.
Founded in 2011, Ecoark Holdings, Inc. is a growth-oriented company based in the retail and logistics hub of Northwest Arkansas. Ecoark’s portfolio of technology solutions increase operational visibility and improve organizational transparency for a wide range of corporate clients.

Ecoark’s technologies fight waste in Operations, Logistics and Supply Chains across the evolving global economy. The company’s portfolio of companies and technologies work to integrate people, processes and data in order to overcome ingrained operational hurdles and create new revenue streams.

Ecoark’s vision is to expose the cycles of waste that reduce efficiency and cost effectiveness across the business landscape. Its strategically acquired subsidiaries have anticipated and responded to key economic factors impacting every business today. Ecoark addresses these vital economic factors through four active subsidiaries, Zest Labs, Eco3d, Pioneer Products, and Magnolia Solar. For more information, please visit www.ecoarkusa.com.

Forward Looking Statement
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

Zest Labs Demonstrates Proactive Fresh Food Management throughout the Supply Chain

Zest Labs combines pallet-level produce monitoring with real-time analytics to provide proactive fresh food management, improving quality consistency and reducing post-harvest food waste

ROGERS, AR–(Marketwired – March 23, 2017) – Zest Labs Inc., a wholly owned subsidiary of Ecoark Holdings, Inc. (OTCQX: EARK) and provider of Zest Fresh, a freshness management solution for produce, meats, seafood and dairy recently demonstrated the benefits of a field-to-shelf, proactive freshness management solution, as highlighted by a recent industry white paper discussing available technologies to address the issue.

Historically, post-harvest agriculture operations have been managed by experience and summary reports or audits. Whether due to the very distributed nature of harvesting and processing, or the predominantly manual processing involved, little has been done to collectively monitor each of these processes in real time. While many other industries have adopted real-time process monitoring and feedback to improve quality consistency — such as car manufacturers in the 1980s — this methodology has not yet been adopted in post-harvest agriculture. Zest Labs has shown the benefits of real-time monitoring and feedback for post-harvest processing, through a significant improvement in the quality consistency of delivered product.

A recent article, “Preemptive Freshness Management,” published by Chainlink Research, highlights the benefits of real-time, data driven feedback in managing the fresh food harvest and distribution processes. “Zest Fresh leads the industry in providing preemptive freshness management capabilities for fresh food, addressing core industry challenges with its approach. Zest Fresh offers both the breadth and depth to cover critical processes from the field to the pack house, and through distribution and retail delivery,” stated Bill McBeath, Chief Research Officer at Chainlink Research. As the Chainlink Research article states, empowering the worker in real time is critical to delivering quality consistency, which is a primary contributor to customer satisfaction and avoiding fresh food waste.

Zest Fresh monitors products at the pallet level from harvest through pack house operations, providing real-time feedback that empower workers to maintain best practices. Real-time feedback includes alerts, process specific mobile applications and web dashboards, all of which reflect pallet-level process adherence against product and vendor specific parameters. Zest Fresh feedback includes prescriptive corrective actions that consider many variables including the current product condition and product volume at each process step, processing equipment availability, daily product demand, and required freshness for planned shipments. The knowledge driving the corrective actions, combined with the real-time availability of the information, equip workers to make better tradeoffs, and consistently deliver high quality product.

“Zest Fresh provides an end-to-end solution for managing freshness, using automated data capture and Cloud-based, real-time analytics to enable workers to make the best decisions,” states Peter Mehring, CEO of Zest Labs. “By knowing the condition of each individual pallet, and the current constraints at each process step, Zest Fresh can optimize the trade-offs at key decision points in real-time, making it easy for workers to do the right thing.”

About Zest Labs Inc.

Zest Labs is a company of passionate problem solvers, addressing the significant challenge of reducing fresh food waste. Zest Fresh is a fresh food management solution that focuses on three primary value propositions — consistent food quality, reduced waste, and improved food safety. Zest Fresh empowers workers with real-time tools and alerts that improve efficiency while driving quality consistency through best practice adherence on every pallet. Zest Fresh drives both business success and environmental sustainability by significantly reducing waste. Zest Labs delivers best-in-class solutions such as Zest Fresh, by addressing the science at the core of the problem, and then provides the tools that make it easy to do “the right thing” every time.

To learn more about Zest Labs, please click here.
To watch a video about Zest Fresh, please click here.

About Ecoark Holdings Inc.

Based in Rogers AR and founded in 2011, Ecoark Holdings, Inc. is a growth-oriented company based in the retail and logistics hub of Northwest Arkansas. Ecoark’s portfolio of technology solutions increase operational visibility and improve organizational transparency for a wide range of corporate clients.

Ecoark’s technologies fight waste in Operations, Logistics, and Supply Chains across the evolving global economy. Ecoark’s portfolio of companies and technologies work to integrate people, processes, and data in order to overcome ingrained operational hurdles and create new revenue streams.

Ecoark’s vision is to expose the cycles of waste that reduce efficiency and cost effectiveness across the business landscape. Ecoark’s strategically acquired subsidiaries have anticipated and responded to key economic factors impacting every business today.

Ecoark addresses these vital economic factors through four active subsidiaries, Zest Labs, Eco3d, Pioneer Products, and Magnolia Solar.

For more information, please visit www.ecoarkusa.com.

Forward Looking Statement:

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations and statements relating to our expectations regarding the completion of the proposed registered offering. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Other factors that may cause such a difference include, without limitation, risks and uncertainties related to market and other conditions, the satisfaction of customary closing conditions related to the proposed registered offering and the impact of general economic, industry or political conditions in the United States or internationally. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

Ecoark Holdings, Inc. Announces $8 Million Registered Direct Offering

ROGERS, AR–(Marketwired – March 14, 2017) – Ecoark Holdings, Inc. (OTCQX: EARK), a provider of a growing suite of proprietary technologies and services that drive sustainability and facilitate sustainable growth for a wide range of clients, today announced that it has entered into definitive agreements with two institutional investors for an offering of 2,000,000 shares of common stock, at a price per share of $4.00, issued with warrants to purchase 1,000,000 shares of common stock. The warrants have an exercise price of $5.00 per share and will expire five years from the date of issuance. The closing of the offering is expected to take place on or about March 17, 2017, subject to the satisfaction of customary closing conditions.

Rodman & Renshaw, a unit of H.C. Wainwright & Co., is acting as the exclusive placement agent in connection with this offering. Net proceeds from the offering are expected to be approximately $7.3 million, excluding potential proceeds from the exercise of the warrants. Ecoark intends to use the net proceeds from the offering for growth working capital and increasing its stockholders’ equity as it prepares to complete its application for uplisting on the Nasdaq Capital Market following both the changing of its fiscal year end to March 31, 2017 and the filing of its March 31, 2017 audited financial statements.

The securities described above are being offered by Ecoark Holdings pursuant to a shelf registration statement (File No. 333-213186) previously filed with and subsequently declared effective by the Securities and Exchange Commission (the “SEC”). A prospectus supplement relating to the offering will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov and following such filing, copies of the prospectus supplement and the accompanying base prospectus relating to this offering may be obtained at the SEC’s website at http://www.sec.gov, or from H.C. Wainwright & Co., LLC by e-mailing placements@hcwco.com or calling 646-975-6957.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein. There shall not be any offer, solicitation of an offer to buy, or sale of securities in any state or jurisdiction in which such an offering, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Ecoark Holdings Inc.

Based in Rogers AR and founded in 2011, Ecoark Holdings, Inc. is a growth-oriented company based in the retail and logistics hub of Northwest Arkansas. Ecoark’s portfolio of technology solutions increase operational visibility and improve organizational transparency for a wide range of corporate clients.

Ecoark’s technologies fight waste in Operations, Logistics, and Supply Chains across the evolving global economy. Ecoark’s portfolio of companies and technologies work to integrate people, processes, and data in order to overcome ingrained operational hurdles and create new revenue streams.

Ecoark’s vision is to expose the cycles of waste that reduce efficiency and cost effectiveness across the business landscape. Ecoark’s strategically acquired subsidiaries have anticipated and responded to key economic factors impacting every business today.

Ecoark addresses these vital economic factors through four active subsidiaries, Zest Labs, Eco3d, Pioneer Products, and Magnolia Solar.

For more information, please visit www.ecoarkusa.com.

Forward Looking Statement:

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations and statements relating to our expectations regarding the completion of the proposed registered offering. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Other factors that may cause such a difference include, without limitation, risks and uncertainties related to market and other conditions, the satisfaction of customary closing conditions related to the proposed registered offering and the impact of general economic, industry or political conditions in the United States or internationally. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

Ecoark Holdings, Inc. to Acquire 440labs, Cloud and Mobile Software Developer, to Support Zest Labs in Increasing Supply Chain Efficiencies

440labs joins Zest Labs, an Ecoark Holdings subsidiary, providing development and runtime operations expertise, helping expand the depth and breadth of Zest Fresh deployments

ROGERS, AR–(Marketwired – March 13, 2017) – Ecoark Holdings, Inc. (“Ecoark”) (OTCQX: EARK), today announced that it has completed a non-binding term sheet to acquire 440labs in an all-stock transaction. 440labs is a software development and information solutions provider for cloud, mobile, and IoT applications. 440labs has been a key development partner with Zest Labs for more than four years, contributing its expertise in scalable enterprise cloud solutions and mobile applications.

440labs’ experienced leadership and engineering teams will augment Zest Labs’ development of modern, enterprise scale solutions that robustly connect to distributed IoT deployments. 440labs blends onshore/offshore resources to optimize development and provide extended runtime operations coverage, critical to broad-based deployments.

“We are excited about the opportunity to acquire 440labs, who has been a valued collaborator in the Zest Fresh development,” said Peter Mehring, CEO of Zest Labs. “440labs significantly expands our expertise and enhances development bandwidth.”

“The 440labs acquisition is consistent with our disciplined capital deployment strategy, which results in the acquisition of high performing niche businesses that grow and compound our cash flow,” commented Randy May, CEO of Ecoark Holdings. “440labs is a terrific company with clear leadership in its niche market, strong technical expertise with numerous growth opportunities, and a management team that will thrive as part of Zest Labs.”

The 440labs leadership team, headed by Scott Durgin, will continue to manage its business and global team of professionals. The 440labs name, brands and office locations will not change as a result of the transaction.

Acquisition Financing and Financial Outlook
The acquisition will be funded by an all-stock agreement, which Ecoark plans to issue upon completion of a definitive agreement. The Company expects the transaction to have limited impact on 2017 EPS due to non-cash amortization expense, the extent of which has not yet been determined. The transaction is expected to close prior to the end of this quarter.

About Zest Labs
Zest Labs, a subsidiary of Ecoark Holdings, Inc., provides a growing suite of freshness management solutions that substantially improve quality consistency and drive sustainability for a wide range of clients. Zest Labs provides solutions to modernize the existing food distribution and delivery system by significantly increasing efficiency through continuous condition monitoring and real-time prescriptive analytics.

About Ecoark Holdings Inc.
Based in Rogers AR and founded in 2011, Ecoark Holdings, Inc. is a growth-oriented company based in the retail and logistics hub of Northwest Arkansas. Ecoark’s portfolio of technology solutions increase operational visibility and improve organizational transparency for a wide range of corporate clients. Ecoark’s technologies fight waste in Operations, Logistics, and Supply Chains across the evolving global economy. Ecoark’s portfolio of companies and technologies work to integrate people, processes, and data in order to overcome ingrained operational hurdles and create new revenue streams. Ecoark’s vision is to expose the cycles of waste that reduce efficiency and cost effectiveness across the business landscape. Ecoark’s strategically acquired subsidiaries have anticipated and responded to key economic factors impacting every business today. Ecoark addresses these vital economic factors through four active subsidiaries, Zest Labs, Eco3d, Pioneer Products, Magnolia Solar and now 440labs. For more information, please visit http://www.ecoarkusa.com/.

Forward Looking Statement
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

Zest Labs CEO Peter Mehring to Join Panel Discussion at MIT IoT Conference, Connected Things 2017

Expert panel to discuss how businesses will navigate the next era of their industry, or “industry 4.0”, propelled by a global transition from an IT-based economy to an IoT-focused one

ROGERS, AR–(Marketwired – March 09, 2017) – Zest Labs, a wholly owned subsidiary of Ecoark Holdings, Inc. (OTCQX: EARK) and provider of Zest Fresh, a freshness management solution for produce, meats, seafood and dairy announced today that Peter Mehring, CEO, will participate in a panel discussion entitled, “The Future Titans of Industry 4.0: Organizations Rewiring Legacy Industries” at the Connected Things 2017 conference hosted by MIT Enterprise Forum on March 13 in Cambridge, Massachusetts. The panel will take place at 3:10pm ET in the Silverman Skyline room of the MIT Media Lab.

Jenny Fielding, the Managing Director of Techstars IoT and Fintech will moderate the corporates and startups who are on the front line of rewiring traditional industries such as construction, manufacturing, agriculture, and healthcare.

The thesis of the program is the next era of industries or “industry 4.0” propelled by a global transition from an IT-based economy to an IoT-focused one. By 2025, IoT’s yearly economic impact will be more than $10 trillion – the majority of which will be seen in the industrial space. These companies all represent how legacy industries are currently being rewired through the Internet of Things and that the next wave of innovation will hit the largest industries including construction, healthcare, and supply chain.

“I am excited for the opportunity to participate in the discussion on Rewiring Legacy Industries at Connected Things 2017,” said Mehring. “This is a terrific opportunity to showcase the industry leading capabilities of Zest Labs and to share our experiences with respect to introducing new solutions to the post-harvest agriculture industry. While new technology is a key ingredient to enabling improved performance and efficiency, it is just as critical to incorporate current practices and industry knowledge to provide an approachable solution. Introducing new technologies to legacy industries offers significant opportunities, but requires considerable added value to break from the status quo. Zest Labs delivers that value by significantly reducing the 30% post-harvest fresh food waste, while improving fresh food quality consistency.”

Zest Labs’ Zest Fresh™ technology is a breakthrough approach for quality management of post-harvest fresh food that substantially reduces food loss and waste by improving quality consistency. With Zest Fresh™, growers, distributors and retailers improve quality consistency, profitability and sustainability while reducing waste.

About Zest Labs, Inc.

Zest Labs is a company of passionate problem solvers, addressing the significant challenge of reducing fresh food waste. Zest Fresh is a fresh food management solution that focuses on three primary value propositions – consistent food quality, reduced waste, and improved food safety. Zest Fresh empowers workers with real-time tools and alerts that improve efficiency while driving quality consistency through best practice adherence on every pallet. Zest Fresh drives both business success and environmental sustainability by significantly reducing waste. Zest Labs delivers best-in-class solutions such as Zest Fresh, by addressing the science at the core of the problem, and then provides the tools that make it easy to do “the right thing” every time.

To learn more about Zest Labs, please click here.
To watch a video about Zest Fresh, please click here.

About Ecoark Holdings Inc.

Based in Rogers AR and founded in 2011, Ecoark Holdings, Inc. is a growth-oriented company based in the retail and logistics hub of Northwest Arkansas. Ecoark’s portfolio of technology solutions increase operational visibility and improve organizational transparency for a wide range of corporate clients.

Ecoark’s technologies fight waste in Operations, Logistics, and Supply Chains across the evolving global economy. Ecoark’s portfolio of companies and technologies work to integrate people, processes, and data in order to overcome ingrained operational hurdles and create new revenue streams.

Ecoark’s vision is to expose the cycles of waste that reduce efficiency and cost effectiveness across the business landscape. Ecoark’s strategically acquired subsidiaries have anticipated and responded to key economic factors impacting every business today.

Ecoark addresses these vital economic factors through four active subsidiaries, Zest Labs, Eco3d, Pioneer Products, and Magnolia Solar.

For more information, please visit http://www.ecoarkusa.com/.

Forward Looking Statement:

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

Ecoark Holdings, Inc. Subsidiary Magnolia Solar Awarded U.S. Patent on High Efficiency Multijunction Solar Cell for Space and Portable Power Applications

ROGERS, AR–(Marketwired – February 08, 2017) – Ecoark Holdings, Inc. (OTCQX: EARK), a provider of a growing suite of proprietary technologies and services that drive sustainability and facilitate sustainable growth for a wide range of clients, today announced its subsidiary Magnolia Solar, Inc. has recently been awarded a new U.S. patent by the United States Patent and Trademark Office (USPTO).

The U.S. Patent No 9,543,456 issued on January 10, 2017 relates to the development of “Multijunction Solar Cell Employing Extended Heterojunction and Step Graded Antireflection Structures and Methods of constructing the same.”

Magnolia Solar is actively working on the development of flexible, lightweight, high-efficiency solar cell technologies for a wide range of portable power applications. Magnolia Solar’s technology portfolio includes nanostructured antireflection coatings, advanced thin-film photovoltaic absorber structures, and novel, low-cost manufacturing processes. Thin-film solar cells are an attractive source of portable and mobile power, as they can be integrated into flexible, lightweight photovoltaic modules that can operate in both terrestrial and space environments.

Magnolia Solar has approximately 15 additional patent applications that are at various stages of review at the U.S. Patent Office. Magnolia Solar, Inc. is the assignee of six U.S. Patents. These issued patents describe and protect Magnolia’s innovations in the field of high-performance, lightweight flexible solar cells for photovoltaic applications, and expands the intellectual property portfolio to these issued patents.

“We have been aggressively pursuing more than a dozen U.S. patent applications as a means to protect our intellectual property in the field of flexible photovoltaics and nanostructured Antireflection Coating technologies,” said Dr. Ashok K. Sood, President of Magnolia Solar. “These patents pertain to novel device structures for increasing the efficiency of lightweight, high-performance thin-film solar cells. These novel structures employ nanostructured absorbers and leverage optical light trapping mechanisms to increase the current output of thin-film solar cells.”

“We are proud of the work of Dr. Sood and the team at Magnolia Solar, and for the tremendous accomplishment that the issuance of this new U.S. patent represents,” said Randy May, Chairman and CEO, Ecoark Holdings, Inc. “There is significant opportunity within the solar industry as end users search for more efficient technologies, and we will continue to build our technologies to meet those needs and further penetrate the market moving forward.”

About Ecoark Holdings, Inc.

Based in Rogers, AR and founded in 2011, Ecoark Holdings, Inc. is a growth-oriented company based in the retail and logistics hub of Northwest Arkansas. Ecoark’s portfolio of technology solutions increase operational visibility and improve organizational transparency for a wide range of corporate clients.

Ecoark’s technologies fight waste in Operations, Logistics, and Supply Chains across the evolving global economy. Ecoark’s portfolio of companies and technologies work to integrate people, processes, and data in order to overcome ingrained operational hurdles and create new revenue streams.

Ecoark’s vision is to expose the cycles of waste that reduce efficiency and cost effectiveness across the business landscape. Ecoark’s strategically acquired subsidiaries have anticipated and responded to key economic factors impacting every business today.

Ecoark addresses these vital economic factors through four active subsidiaries, Zest Labs, Eco3d, Pioneer Products, and Magnolia Solar.

For more information, please visit http://www.ecoarkusa.com/.

Forward Looking Statement:

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

 

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