AgriFORCE Appoints Richard Levychin, a Highly Acclaimed Accounting and Business Advisory Government, to the Company’s Board of Administrators

Mr. Levychin will serve on the board's Executive Compensation, Audit and Nominating and Corporate Governance Committees

Mr. Levychin will provide on the board’s Government Payment, Audit and Nominating and Corporate Governance Committees

Mr. Levychin will provide on the board’s Government Compensation, Audit and Nominating and Corporate Governance Committees

VANCOUVER, British Columbia, July 14, 2021 (Globe NEWSWIRE) — AgriFORCE Escalating Devices Ltd. (NASDAQ: AGRI), an ground breaking agriculture-concentrated technological know-how firm that delivers reputable, economically robust methods for significant price crops by means of proprietary facility design and automation, announces that it has appointed Richard Levychin, a very acclaimed accounting and business enterprise advisory govt, to the Company’s board of administrators. Mr. Levychin will serve on the board’s Govt Compensation, Audit and Nominating and Corporate Governance Committees.

Richard Levychin, CPA, CGMA, is a Companion in Galleros Robinson’s Professional Audit and Assurance follow wherever he focuses on both of those privately and publicly held businesses. Prior to having this posture in Oct 2018, Richard was the handling lover of KBL, LLP, a PCAOB licensed impartial registered accounting firm, since 1994. Mr. Levychin has in excess of 25 decades of accounting, auditing, enterprise advisory companies and tax knowledge working with each privately owned and public entities in different industries together with media, entertainment, real estate, production, not-for-financial gain, engineering, retail, engineering, and professional providers. His encounter also contains abilities with SEC filings, original public choices, and compliance with regulatory bodies. As a enterprise adviser, he advises corporations, encouraging them to determine and define their organization and fiscal goals, and then gives them with the on-going personal attention required to help them realize their proven aims.

Mr. Levychin has created articles or blog posts on a broad vary of topics, which have been featured in many periodicals which include Bucks and Perception, New York Company Report, Black Company Magazine, Forbes, Small business Insider, and The Network Journal. He has also conducted seminars on a extensive variety of small business subject areas such as SEC matters and taxation for numerous organizations such as the Black Enterprise Business owners Conference, the Entrepreneurs’ Corporation (New York chapter) and the Discovering Annex.

Mr. Levychin is a member of quite a few companies such as the New York Point out Culture of Accredited General public Accountants, the Nationwide Association of Tax Gurus, and the American Institute of Licensed General public Accountants (AICPA). Richard was a founding member of the AICPA’s Nationwide Diversity and Inclusion Fee. Richard is a member and a board member of the New York Chapter of the Entrepreneurs’ Group (“EO”), a dynamic, global network of additional than 15,000 small business entrepreneurs in more than 50 countries.

In 2018, Mr. Levychin was a receiver of the 5 Chamber Alliance MWBE Award from the Manhattan Chamber of Commerce. In 2016 Richard was offered with the 2016 Arthur Ashe Management Award. In 2015 Richard was introduced by his alma mater Baruch Faculty with the Baruch Faculty Alumni Association’s “Alumni Management Award for Business”. In 2013, Richard gained the title of Ideal Accountant from The New York Organization Report. Mr. Levychin is a earlier winner of The Community Journal’s prestigious “40 Underneath 40” award. He is a graduate of Baruch University, where he acquired a Bachelors in Company Administration Degree (Accounting).

Reported Mr. Levychin: “I am thrilled to be part of AgriFORCE at this important inflection stage in the Company’s advancement, and glance ahead to offering my skills in accounting, financial oversight, taxation and company method to support accelerate the company’s progress plans.”

“We glance ahead to Richard’s contributions to the board as we put together for our subsequent phase of development,” reported Ingo Mueller, CEO of AgriFORCE. “His remarkable accounting and company, tax and advisory working experience will be significant as we prepare to launch our initial facilities in the United States. His knowledge will be an remarkable asset as we find out, examine and perhaps purchase impressive and accretive providers to more accelerate our expansion. In addition, we glance ahead to his contributions on several board committees, which include our audit committee, supporting our commitment to the greatest criteria of fiscal reporting, company governance and tax compliance and mitigation.”

About AgriFORCE

AgriFORCE, Inc. (NASDAQ: AGRI) is committed to transforming modern-day agricultural development through our proprietary patent pending facility style and automatic rising technique. Our solutions are made to develop higher-excellent, pesticide-no cost, regionally cultivated crops, value-effectively and with the ability to promptly scale, in nearly any local weather. Designed to meet up with the two European Union Excellent Production Techniques expectations and the United States Office of Agriculture natural and organic equivalent, we intend to employ our platform as an industry accepted typical for, amid other factors, controlled setting plant-based mostly vaccine and pharmaceutical biomass, hydroponics and food generation.

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This push release has forward-searching statements in just the which means of the “safe and sound harbor” provisions of the Personal Securities Litigation Reform Act of 1995. Statements other than statements of historical info involved in this press launch may well represent forward-looking statements and are not ensures of long term functionality, condition or benefits and entail a selection of pitfalls and uncertainties. Precise final results may perhaps differ materially from people in the forward-on the lookout statements as a outcome of a amount of aspects, such as those described from time to time in our filings with the Securities and Exchange Commission and in other places. The Enterprise undertakes no duty to update any forward-on the lookout assertion created herein. All forward-wanting statements communicate only as of the day of this push launch.

Firm Make contact with:
Ian Pedersen
Tel: (604) 757-0952
Electronic mail: [email protected]

Investor Relations:
Crescendo Communications, LLC
David Waldman/Natalya Rudman
Tel: (212) 671-1021
E-mail: [email protected]

Media Relations:
AHA Creative Procedures Inc.
Ruth Atherley
Tel: (604) 846-8461
Electronic mail: [email protected]

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