Zurex PharmAgra, LLC Secures $1M Debt Financing; Launches Revolutionary New Hygiene Technology, The ECAlogix(TM) System, at the 2012 World Ag Expo

MADISON, Wis., March 2, 2012 (GLOBE NEWSWIRE) -- Zurex PharmAgra, LLC, recently secured an additional $1M in debt financing led by the Madison Development Corporation Venture Debt Fund (MDC), Wisconsin Economic Development Corporation (WEDC), and current shareholders. The proceeds will be used as working capital to build inventory and support commercial operations. The company also launched a revolutionary new hygiene technology platform, the ECAlogix™ System, at the 2012 World Ag Expo in Tulare, California. In the March 1, 2012 issue of Progressive Dairyman, the ECAlogix™ System was recognized as one of the top new technologies showcased at the Expo.     

"The additional working capital will help Zurex PharmAgra effectively launch new technologies and accelerate our growth in 2012," said Carmine Durham, CEO. "We are grateful for the support from MDC, WEDC and our current investors of our efforts to build our business here in Wisconsin." 

The ECAlogix™ System utilizes electro-chemical activation to create large amounts of an extremely efficacious germicidal solution, on-site, at a fraction of the current cost. This base disinfectant solution is blended with a portfolio of proprietary additive formulas to create application-specific products for numerous on-farm applications including animal and premise hygiene and water purification.

"Today's consumer demands that food be produced at the highest level of quality and safety," explained Mike Pawlak, Executive Vice President of Agricultural Operations. "The production and processing of safe, nutritional, high quality food products starts right on the farm. As farms get larger, their need to defend against harmful micro-organisms becomes even more critical. The capability to produce safe and effective hygiene and disinfection products on site, in sufficient quantities at a low cost, is a breakthrough for the farming and food industries."

The Zurex PharmAgra logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11864