Converted Organics Partners with N.J. Educational Institutions to Source Organic Waste

Market Watch
03/01/2010



Converted Organics Inc. (COIN 1.03, +0.05, +4.98%) announced today that the Company is working with a number of New Jersey educational institutions to collect, process and convert their organic food waste into Converted Organics' all-natural organic fertilizer products. Converted Organics has established relationships with Rider University in Lawrenceville, Mercer County Community College in West Windsor, The Pingry School in Short Hills and Martinsville, East Brunswick Public Schools and the Morris School District.

"Educational institutions -- from elementary schools through colleges - have become extremely environmentally-conscious. They recognize that sending their food waste to Converted Organics not only makes good environmental sense because it reduces greenhouse gas emissions associated with landfill deposits, but it also makes good financial sense because it costs less to have their food waste hauled to our Woodbridge facility than to landfills," said Jack Walsdorf, Vice President of Waste Management for Converted Organics. "This market is a dependable source of the organic waste that is the foundation for Converted Organics' all-natural fertilizers, and we are happy to have such a steady stream being funneled to our Woodbridge manufacturing facility from our associates."

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