IRVINE, CA--(Marketwired - Mar 30, 2016) - Sky440, Inc. (OTC PINK: SKYF) announced today that it has entered into a joint venture agreement with Houston, Texas based Advantage Underwriters Services, Inc. and its Grow-Tech LLP division to manufacture and distribute state of the art customized grow containers.
"This is a major step for Sky440, both in terms of generating revenues and having a commercial product that further enhances our Product Development and Medical Marijuana Development Divisions," stated Sky440 Chairman Robert Atwell. "This product has tremendous domestic and international market potential, especially in urban areas and in those places where weather and other environmental factors make normal growing of horticultural and agricultural products difficult, if not impossible. In addition, the results are a significantly higher yield in a shorter time than all conventional production methods."
These specially designed and constructed insulated shipping containers provide a highly engineered modular and mobile vertical production environment that have been re-engineered to provide the optimum controlled environment for growing horticultural and agricultural products in any environment. Designed for growing crops all year without regard to weather, pollution and free from pests and diseases while being completely off the grid, these 40 foot containers use proprietary systems that incorporate the latest technology available.
"We already have interest from horticultural and agricultural growers in California, Colorado and New York domestically, and Australia and the Far East internationally," Atwell stated. "What separates our product from the competition is the advanced technology being utilized both in the framework of the containers and in the operational systems, including the lighting, circulation and power requirements."
Sky440 expects to release additional information in the near future as it continues to implement its business plan and continues the development of its Product Development and Medical Marijuana Development Divisions.
Additional information about Sky440 can be found at www.otcmarkets.com, on the Sky440 website at www.sky440.com, and on Twitter at www.twitter.com/sky440inc.
About Sky440:
Sky440, Inc. (OTC PINK: SKYF), based in Irvine, California, is a publicly traded development stage company with two divisions: Product Development and Medical Marijuana Development.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's reports and filings at http://www.OTCMarkets.com.
Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made.