VANCOUVER, British Columbia, Jan. 9, 2013 (GLOBE NEWSWIRE) -- Urban Barns Foods Inc. (URBF.QB) ("Company" or " Urban Barns "), a leading authority on Cubic Farming for fresh green leafy vegetables, announced today it has moved into full commercial production in its Langley R & D facility using the revolutionary CUBIC FARMING agriculture method.
Mr. Meikleham, Chairman and CFO, stated, "On behalf of the Board of Directors, I am pleased to announce we have set January 17th 2013 as our official launch date of the first Cubic Agriculture growing facilities in the world. Cubic agriculture is our innovative sustainable agricultural growing practice that can locally produce commercial volumes of green leafy vegetables in urban locations under any climate conditions.
Mr. Meikleham added, "Thanks to the dedication and sweat equity by our key consultant team, our academic partners and our seed capital angel investors, our R & D has proved successful and Urban Barns is now producing a number of varieties of leafy vegetables including Boston Butter lettuce, Basil, Spring Mix and Spinach.
Plans are under negotiation to finance and open additional Cubic Agriculture growing facilities in a number of major cities throughout all North America and strategic locations World-Wide.
About Urban Barns Foods Inc.
Urban Barns uses patent pending proprietary equipment to produce affordable vegetables in a secure and controlled indoor environment. irrespective of the regional climate, effectively reducing shipping times and related spoilage costs. Urban Barns has the unique ability to scale and cater to the demands of any major community. Our commitment to our consumers is reflected through our motto, "Purely Fresh, Naturally Tasty, and Completely Healthy." www.urbanbarns.com and www.urbanbarnsfoods.com are registered trademarks and Cubic Farming and Cubic Agriculture are copyright of Urban Barns Foods Inc. All other company and product names mentioned are used only for identification purposes and may be trademarks or registered trademarks of their respective companies.
Forward-Looking Statements:
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to Urban Barns or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of Urban Barns ' products, the competitive environment within the industry, the ability of Urban Barns to continue to expand its operations, the level of costs incurred in connection with Urban Barns ' expansion efforts, economic conditions in the industry and the financial strength of Urban Barns ' customers and suppliers. Urban Barns does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.