BOSTON, Dec. 28, 2010 (GLOBE NEWSWIRE) -- Converted Organics Inc. (Nasdaq:COIN) announced today that Edward Gildea, President and CEO of Converted Organics Inc., will present at the semiannual Sidoti & Company, LLC Micro-Cap Conference on January 10, 2011 at the Grand Hyatt New York Hotel in midtown Manhattan. The Company's presentation will be at 10:00 AM EST.
"We're looking forward to sharing Converted Organics' innovative ideas and technologies with such an influential audience," says Gildea. "Presenting at the Sidoti conference will give Converted Organics and our vertical farming company, TerraSphere Systems, high-profile exposure to one of the largest audiences of institutional investors in the micro-cap sector, helping Converted Organics reach its full potential."
The Sidoti & Company LLC Micro-Cap Conference is the premier conference for companies within the sub-$200 million micro-cap space, with over 400 major institutional investors in the micro-cap sector attending. Sidoti & Company, LLC, remains the largest and best-recognized small-cap research provider, and is a cornerstone sponsor of the conference.
Investors who are interested in additional information or who would like to schedule a one-on-one meeting with Converted Organics Inc. at the conference should contact Jim Blackman at 713-256-0369 or jim@prfmonline.com. For additional information on the conference, please visit: .
About Sidoti & Company, LLC
Sidoti & Company, LLC, founded in 1999, is Wall Street's preeminent provider of equity research focused on undiscovered, profitable companies at a market capitalization of less than $3 billion. The firm, also, is quickly becoming the leading provider of research in the micro-cap arena. Sidoti & Company, LLC now covers more than 50 names in that sector. The number is growing steadily.
About Converted Organics Inc.
Converted Organics (Nasdaq:COIN) (), based in Boston, MA, is dedicated to producing high-quality, all-natural, organic soil amendment and fertilizer products through food waste recycling. The Company uses its proprietary High Temperature Liquid Composting (HTLC) system, a proven, state-of-the-art microbial digestion technology, to process various biodegradable food wastes into dry pellet and liquid concentrate organic fertilizers that help grow healthier food and improve environmental quality. Converted Organics sells and distributes its environmentally-friendly fertilizer products in the retail, professional turf management, and agribusiness markets.
The Converted Organics Inc. logo is available at
About TerraSphere Systems, LLC
TerraSphere Systems () is dedicated to building highly efficient systems for growing organic fruits and vegetables in a controlled indoor environment. TerraSphere's clean technology helps to promote the sustainable consumption of natural resources by accelerating plant production and maximizing crop yields, while improving environmental footprints through the reduction of carbon emissions and fuel use associated with traditional crop production and distribution. TerraSphere's unique, environmentally and socially-responsible business model helps to facilitate job creation and diverse, community-based workforces. TerraSphere believes its technology can potentially revolutionize access to organic produce for both remote and urban communities, alleviate land management issues for agricultural producers, and ease hunger crises for the world's growing population.
This press release contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. In some cases, you may identify forward-looking statements by words such as "may," "should," "plan," "intend," "potential," "continue," "believe," "expect," "predict," "anticipate" and "estimate," the negative of these words or other comparable words. These statements are only predictions. One should not place undue reliance on these forward-looking statements. The forward-looking statements are qualified by their terms and/or important factors, many of which are outside the Company's control, involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially from the statements made. The forward-looking statements are based on the Company's beliefs, assumptions and expectations of our future performance, taking into account information currently available to the Company. These beliefs, assumptions and expectations can change as a result of many possible events or factors, including those events and factors, not all of which are known to the company, described most recently in the "Risk Factors" section in the Company's most recently filed annual report on Form 10-K. Neither the Company nor any other person assumes responsibility for the accuracy or completeness of these statements. The Company will update the information in this press release only to the extent required under applicable securities laws. If a change occurs, the company's business, financial condition, liquidity and results of operations may vary materially from those expressed in the aforementioned forward-looking statements.
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CONTACT: Converted Organics Inc. Investor Contact: Jim Blackman, PR Financial Marketing 713-256-0369 jim@prfmonline.com Public Relations Contact: (617)624-0111 info@convertedorganics.com