Zerez Holdings (ZRZH: OTC Pink Current) | Zerez Holdings Announces Smart Greenhouse Revenue of $900,000

OTC

Zerez Holdings Announces Smart Greenhouse Revenue of $900,000

Nov 11, 2016

OTC Disclosure News Service

Sacramento, CA

Zerez Holdings Inc., (OTC PINK: ZRZH) through
its subsidiary Next Generation Farming Inc., announced today completion of its
first “Smart Greenhouse” sale in Northern California. The lease/purchase
agreement totals $900,000 in revenues, to be paid in 60 monthly installments of
$15,000 each beginning on or before January 2017. The advanced greenhouse
system has been turned over to the customer who plans to begin immediate
production while continuing to work with Next Gen’s technical team for daily
field testing of the company’s proprietary commercial greenhouse control
system. Pending successful testing approval of the control system, the company
expects its customer to sign a subscription and maintenance agreement in
approximately 90 days.

Zerez Holdings, first appearing on Money TV
two weeks ago, announced its acquisition of stealth company Next Generation
Farming, to focus on advanced agriculture technologies including smart
greenhouses for both the organic transitional farming and explosive cannabis
industry.

President John Taylor stated “We are very
excited to announce our first revenue sale just weeks after launching publicly.
The fact that we simultaneously installed our automated control system in a
live production environment shows great confidence from our customer.  We
are very confident that our technical team will continue to refine our turnkey
solution from the daily feedback it receives. The end result will be a follow
on revenue relationship with our customer, backed by real world results”.

Taylor added “we have been working round the
clock to finish up this project so we position ourselves as a core company in
the advanced agriculture and cannabis market sector.  I am truly proud of
our team, and with overwhelming approval of cannabis legislation, especially in
California, we feel we are ready to capitalize on the demand”.

Next Generation Farming, a wholly owned
subsidiary of Zerez Holdings provides turnkey commercial greenhouse and
software systems to create an environment that improves yields and decreases
water consumption for commercial scale cultivators of organic leafy greens and
legal cannabis. According to Vice President Don Smith, “the 2016 Smart
Greenhouse Market Report estimated the market size at over $3 Billion. This
report did not factor in the Tuesday election approvals states that now have
recreational cannabis in California Nevada, and Massachusetts. In addition,
Arkansas, Florida, North Dakota, and Montana approved medical cannabis. That
market size just exponentially increased, and we look forward to being an
industry leader for advanced agriculture systems not only in medical and
recreational cannabis but also for organic food production”.

About Zerez Holdings:

Zerez Holdings, Inc., (OTC PINK: ZRZH) Zerez
Holdings is a public equity corporation focused on the sustainable agriculture
and legal cannabis industry. The company’s websites are www.zerezholdings.com  and www.nextgen.farm

Disclaimer: The Company relies upon the Safe
Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements,
which are not historical facts, are forward-looking statements. The company,
makes forward-looking public statements concerning its expected future
operations, performance and other developments. Such forward-looking statements
are estimates reflecting the company’s best judgment based upon current
information and involve a number of risks and uncertainties, and there can be
no assurance that other factors will not affect the accuracy of such forward-looking
statements. It is impossible to identify all such factors. Factors which could
cause actual results to differ materially from those estimated by the company
include, but are not limited to, government regulation; managing and
maintaining growth; the effect of adverse publicity; litigation; competition;
and other factors which may be identified from time to time in the company’s
public announcements.

Contact:

Zerez Holdings Inc.
​Don Smith
888-589-3739
​ir@zerezholdings.com

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The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

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