- Converted Organics Fertilizer Sold at a Total of 152 Stores of Home Improvement Retail Giant
BOSTON, March 15, 2011 (GLOBE NEWSWIRE) -- Converted Organics Inc. (Nasdaq:COIN) announced today that the Company was granted an expansion of an additional 62 stores in New Jersey from its major national retail customer. Converted Organics™ All Natural Lawn & Turf Fertilizer will now be sold at a total of 152 major home improvement retail outlets throughout Massachusetts, Connecticut, Rhode Island, Long Island and New Jersey.
"This expansion of stores is a home run for Converted Organics, and directly reflects the sales success that we've had with this customer over the last two seasons," says Edward Gildea, President and CEO of Converted Organics. "Last year, we witnessed a 100% same-store sales increase in this customer's chain of stores. We attribute this success not only to our targeted marketing efforts and product satisfaction, but also to the increasing recognition nationwide regarding the importance of using organic fertilizer products for lawn care."
The 62 additional locations selling Converted Organics™ Lawn & Turf Fertilizer will be available on the Company's website .
About Converted Organics
Converted Organics' (Nasdaq:COIN) mission is to promote, develop and operate profitable innovative clean technologies that contribute to the improvement of our environment by use of sustainable business practices and the judicious use of natural resources. Converted Organics Inc. is currently composed of three primary lines of business at the intersection of Agriculture, Water and Waste Recycling. Each business contributes to our mission and uses sustainable business practices that protect and value the environment. The three lines of business are Organic Fertilizer (Converted Organics), Vertical Farming (TerraSphere Systems - ), and Industrial Wastewater Treatment (Industrial Wastewater Resources).
The Converted Organics Inc. logo is available at
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