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Ecoark Holdings, Inc. Announces That Shelf Registration Statement has Been Declared Effective by the SEC

Company Plans to Raise up to $80 Million for Infrastructure and Equipment Ahead of Anticipated Demand for Intelleflex's Zest Fresh(TM)

/EINPresswire.com/ -- ROGERS, AR--(Marketwired - August 25, 2016) - Ecoark Holdings, Inc. (OTCQB: EARK) ("Ecoark"), a provider of a growing suite of proprietary technologies and services that drive sustainability and facilitate sustainable growth for a wide range of clients, today announced that the Securities and Exchange Commission ("SEC") has declared effective its Form S-3 Shelf Registration Statement filed to allow the Company to raise up to $80 million.

"Over the past month, the Ecoark team has analyzed the operational needs required to meet the anticipated demand for Zest Fresh™. Based on the outcome of this review, we have determined a need to accelerate our hiring program and to significantly ramp up our hardware to satisfy the anticipated customer demand ahead of the product's launch," said Randy May, Chairman and CEO of Ecoark. "To prepare for the commercial launch of Zest Fresh™, we need to be vigilant and begin our preparation for anticipated customer demand.

"As we are accelerating our growth strategy for Zest Fresh™, and with the effectiveness of our Shelf Registration Statement, we will withdraw our current application with the Nasdaq Capital Market in favor of a potential future uplisting in connection with a significant capital raise. We are currently speaking with investment banks that will increase our profile and institutional investor support."

Reducing food loss remains a significant goal for grocery retailers, restaurants, and food service companies, as they look to improve profitability for their investors and sustainability for their communities. Given the amount of food loss in the U.S. market, there is significant opportunity for growth in supplying an effective solution. ZEST Fresh™ represents a breakthrough quality management solution, with demonstrated effectiveness as the only real-time, unit-level freshness management tool that is both practical and immediately cost-effective.

The offering of these securities may only be made by means of a prospectus. The registration statement and prospectus may be accessed through the SEC's website at www.sec.gov. A copy of the prospectus relating to the offering may be obtained from Ecoark by writing Ecoark Holdings, Inc., 3333 S Pinnacle Hills Pkwy #220, Rogers, AR 72758 or calling (479) 259-2977.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sales of these securities, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Ecoark Holdings Inc.

Based in Rogers, AR and founded in 2011, Ecoark Holdings, Inc. is a growth-oriented company based in the retail and logistics hub of Northwest Arkansas. Ecoark's portfolio of technology solutions increase operational visibility and improve organizational transparency for a wide range of corporate clients.

Ecoark's technologies fight waste in Operations, Logistics, and Supply Chains across the evolving global economy. Ecoark's portfolio of companies and technologies work to integrate people, processes, and data in order to overcome ingrained operational hurdles and create new revenue streams.

Ecoark's vision is to expose the cycles of waste that reduce efficiency and cost effectiveness across the business landscape. Ecoark's strategically acquired subsidiaries have anticipated and responded to key economic factors impacting every business today.

Ecoark addresses these vital economic factors through four active subsidiaries, Intelleflex, Eco3d, Pioneer Products, and Magnolia Solar.

For more information, please visit www.ecoark.com.

Forward Looking Statement:

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

Company Contact
Brad Hoagland, CFA
479-259-2981
Bhoagland@ecoarkusa.com

Media Contact
Matthew Bretzius
FischTank Marketing and PR
Matt@fischtankpr.com


Distribution channels: Food & Beverage Industry, Waste Management