BEND, Ore., Oct. 11, 2011 (GLOBE NEWSWIRE) -- U.S. Rare Earth Minerals, Inc., (OTCBB:USMN) today announced it has named Dr. Bing-Rui Ni of Nampa, Idaho, to its Board of Advisors.
"We are proud to have secured a scientist of Dr. Ni's experience and credentials to our Board of Advisors," said Paul Hait, chief executive officer of U.S. Rare Earth Minerals. "I am certain that his 17 years of experience in research, marketing, and management in seed enhancement technologies will open many new doors of opportunity for our company, developing new generations of seed coatings using EXCELERITE® for the organic market. Our new product formulation EXCELERCOAT™, developed especially for this massive international market, will help individuals, governments, and global agricultural corporations reduce planting costs, increase germination rates, and improve plant health, bolster yields, and increase nutrient density naturally."
About Dr. Bing-Rui Ni
Dr. Ni has been president of United Ag Technologies Inc. since July 2003. In addition to his extensive experience in seed enhancement technology, he also has 22 years of research experience in seed physiology and 6 years in plant physiology.
Dr. Ni has developed more than 20 new products in seed coating, pelleting, and film coating. He has invented a patented coating formulation for small legume seeds that helps establish plants in adverse soil conditions. EnVigor®, an organic-based, multi-functional seed coating polymer developed by Dr. Ni, has been widely used in soybean dust-off control and shelf life extension. His research on the effects of plant-growth regulators on seed germination has contributed to the understanding of these two germination-related hormones. Dr. Ni's complete bio can be viewed on the U.S. Rare Earth Minerals website at www.us-rem.com.
About U.S. Rare Earth Minerals, Inc.
U.S. Rare Earth Minerals, Inc. ("USMN") is engaged in the sale and distribution of products derived from the company's mining activities relating to natural mineral deposits commonly known as calcium montmorillonite and other natural minerals and nutrients. They are sold under the brand name Excelerite™. USMN is headquartered in Bend, Oregon, with executive offices in Las Vegas. The company maintains a website at: www.us-rem.com.
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief, or current expectations of U.S. Rare Earth Minerals, Inc., and members of management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those contemplated by such forward-looking statements. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.