Grace Breeding Ltd. announced that it received product registration approval in Austria by the Austrian Federal Office for Food Safety (BAES) for its innovative NFT bio-fertilizer, to be marketed as a "soil improving" product, for use in wheat and corn under the brand name "Addirâ„¢?." This represents the Company's first product registration approval in the European Union (EU) and enables Grace Breeding to obtain rapid Mutual recognition registrations in other EU countries, including Belgium, the Czech Republic, Germany, Greece, Portugal, Slovakia, and Spain. Addirâ„¢? will allow farmers to significantly reduce their dependence on synthetic fertilizer, or urea, a nitrogen-based fertilizer that is harmful to the environment, as well as provide them with an alternative that is more economically viable and increases carbon sequestration.

The use of a bio-fertilizer like Addir, which makes use of nitrogen fixation, leads to reduced use of urea and consequently lower carbon emissions, which is crucial for slowing damage to the environment.