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Itronics Reports Increase in Orders for Its GOLD'n GRO Liquid Fertilizers and Large Increase in Silver Sales
Strong Growth Being Driven by Environmentally Green Clean Technology
| Quelle: Itronics Inc.
RENO, NV--(Marketwire - May 28, 2009) - Itronics Inc. (PINKSHEETS : ITRO ) (FRANKFURT : ITG )
(BERLIN : ITG ) reported today that its subsidiary, Itronics Metallurgical,
Inc., is off to a very strong start in the second quarter with a surge in
orders for its GOLD'n GRO fertilizer and a spike in silver sales.
"Fertilizer sales in the second quarter of 2008 were $1.115 million, 50
percent over 2007. A sharp increase in orders in May 2009 could increase
fertilizer sales another 20 percent higher this year than in the April -
June period in 2008," said Dr. John Whitney, Itronics President. "Silver
sales were $81,000 in the second quarter of 2008, up 56 percent compared to
the same period in 2007. Partially because of improved recovery
technologies, we expect silver sales in the second quarter of 2009 to
double 2008's second quarter totals."
Itronics, through its subsidiary Itronics Metallurgical, is the inventor
and operator of award winning recycling technology that converts spent
photographic liquids into pure silver and GOLD'n GRO fertilizers, creating
a "Green Consumer Option" for photo and X-ray processors and consumers.
About Itronics
Headquartered in Reno, Nevada, Itronics Inc. is a "Creative Clean
Technology" Company that produces GOLD'n GRO liquid fertilizers and pure
silver bullion. Itronics, through its subsidiary, Itronics Metallurgical,
Inc., is the only company with a fully permitted "Beneficial Use
Photochemical, Silver, and Water Recycling"
plant in the United States that converts spent photoliquids into pure
silver and GOLD'n GRO liquid fertilizers. The Company is developing
environmentally compatible mining technology, provides project planning and
technical services to the gold mining industry, and operates the popular
InsideMetals.com web site, http://www.insidemetals.com which provides a
value-added WORLD VIEW of Gold Producer Stocks, Mineral Producer Stocks,
Junior Gold Stocks, and Junior Mineral Stocks.
Itronics has received numerous domestic and international awards that
recognize its ability to successfully create and implement new
environmentally clean recycling and fertilizer technologies. The Company's
environmentally friendly GOLD'n GRO liquid fertilizers, which are
extensively used in agriculture, can be used for lawns and houseplants,
and are available, along with liquid fertilizer injectors, at the Company's
"e-store" catalog at http://goldngro.com. The popular Silver Nevada Miner
bars are available at the Company's "e-store" catalog at
http://www.itromet.com.
VISIT OUR WEB SITE: http://www.itronics.com
("Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995: This press release contains or may contain forward-looking
statements such as statements regarding the Company's growth and
profitability, growth strategy, liquidity and access to public markets,
operating expense reduction, and trends in the industry in which the
Company operates. The forward-looking statements contained in this press
release are also subject to other risks and uncertainties, including those
more fully described in the Company's filings with the Securities and
Exchange Commission. The Company assumes no obligation to update these
forward-looking statements to reflect actual results, changes in risks,
uncertainties or assumptions underlying or affecting such statements, or
for prospective events that may have a retroactive effect.)