WEST PALM BEACH, Fla., July 26, 2013 /PRNewswire/ -- BeesFree, Inc. (OTC QB: BEES), the worldwide distributor of BeesVita Plus™, an innovative composite food supplement for honeybees that strengthens the bee's immune system and prevents the effects of Colony Collapse Disorder (CCD), announced today that Dr. Andrea Festuccia, Chairman of BeesFree, Inc. and other members of BeesFree's executive team met with the Iowa Economic Development Authority, Iowa State University and private accredited investors in the state of Iowa. The Iowa Economic Development Authority's mission is to strengthen economic and community vitality within Iowa to make Iowa the choice for people and businesses. As a result of the enthusiasm from local officials in Iowa coupled with the response from accredited investors in Iowa, BeesFree is considering relocating the company's U.S. headquarters to Ames Iowa. BeesFree currently maintains offices in West Palm Beach, Buenos Aires and Rome.
Dr. Festuccia commented, "I couldn't be happier with the reception that we received from accredited investors and other important officials within the state of Iowa. With the help of Ben Washburn CEO MMI Consulting, and on follow-up conversations that we have had after our initial meetings, there is great interest from both the state level as well as from investors who understand the great opportunity that BeesFree has. There is no evidence that CCD is going away and the world needs a solution."
Dr. Festuccia concluded, "We expect to see similar interest from other areas in the United States and throughout the world that depend on agriculture as the main contributor to the local economy."
Dr. Festuccia was interviewed by the Des Moines Register. Interested parties can read or view the interview by clicking the following links:
About BeesFree, Inc. BeesFree, Inc. (OTC QB: BEES), a company focused on developing innovative solutions for the global beekeeping community, owns a patent pending composite food solution that helps honeybees avoid the effects of Colony Collapse Disorder (CCD). Visit www.beesfree.biz to learn more about why the bees are disappearing, and how beekeepers can combat the honey bee decline.
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.
Name: Joseph N. Fasciglione Interim Chief Executive Officer
Number: (561) 939-4860
- Iowa State University
- state of Iowa
- Ames Iowa