Deveron Corp. announce the Company has been named as a key partner in a multiyear USD 7.5 million USDA initiative, with current enterprise client, AgriCapture. The partnership, which is focused on Arkansas, Mississippi, Missouri, Louisiana, Texas, and California, provides AgirCapture access to Deveron's carbon services platform for in-field collection, lab analysis, and digitization of soil carbon data.

The Company has agreed to provide USD 2 million in collection service and soil analytics for the initiative. To date Deveron has signed USD 9 million in enterprise contracts to use the Company's carbon services platform since its launch in Q3/2021. The platform eliminates significant impediments to the accurate measurement of carbon sequestration in agricultural land and is a key enabler for creating reliable and credible carbon credits.

The platform is built on three key principles highlighted below: Leverage Deveron's growing network of trained and dedicated soil technicians across, North America, thus ensuring consistency of sampling Provide single chain of custody from the farm to the lab to the client in a digital platform and Ensure soil data integrity via best-in-class data security.