WEST PALM BEACH, Fla., March 14, 2012 (GLOBE NEWSWIRE) -- BeesFree, Inc. (OTCBB:BEES) a company that specializes in developing and commercializing innovative solutions for the beekeeping community today announced that it has opened a main R&D Facility in Rome, Italy.
The facility will serve as a hub for joint research projects with European Union and international research and development groups. The new BeesFree laboratory will be managed and coordinated by Dr. Francesca del Vecchio, the Company's Inventor and Chief Scientist. This new R&D facility will focus on the development of future products as well as the improvement and fine tuning of the Company's current BeesFree chemical compound. The Company's chemical compound, soon to be commercialized, works to minimize the effects of Colony Collapse Disorder on bee populations. Additionally, upon the initiation of a sales and marketing campaign in Italy, the lab will be utilized to run quality control tests for any EU shipments.
BeesFree CEO, Mario Sforza, stated, "Our Company has invested and will continue to invest in R&D to maintain a competitive edge and enrich our product portfolio. The new Lab Facility in Rome will enable us to meet these goals in a very cost-effective manner."
About BeesFree, Inc. (OTCBB:BEES)
BeesFree is a technology company with global reach, which develops and commercializes innovative solutions for beekeepers on a worldwide scale. For more information please visit www.beesfree.biz.
Forward-Looking Statements
Statements about the future expectations of BeesFree, Inc. and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as that term is defined in the Private Securities Litigation Reform Act of 1995. BeesFree, Inc. intends that such forward-looking statements shall be subject to the safe harbors created thereby. Since these statements involve certain risks and uncertainties and are subject to change at any time, Bees Free actual results could differ materially from expected results.