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Agrinos steps up U.S. presence, establishes R&D facility and office in Davis, California and corporate functions in Dallas, Texas

Davis, California/Dallas, Texas — July 16, 2014 — Agrinos (Norwegian OTC: AGRI), a global leader in biological solutions for agricultural productivity, today announced that it will step up its U.S. presence by moving several corporate functions from Oslo, Norway to Davis, California and Dallas, Texas. In addition, the company is opening a new research and development office and facility in Davis during the fall of 2014.

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Company update

In connection with the year-end close and release of the annual report, the Board of Directors of Agrinos has announced balance sheet write downs and a strategy update. 

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