SCOTTSDALE, Arizona,
November 15, 2013 /PRNewswire/ --
RiceBran Technologies (OTCQB: RIBT), a global leader in
the production and marketing of value added products derived from
rice bran, today announced that it has entered into a multi-year
preferred supplier agreement to sell one of its proprietary Stage
II products to a major US-based direct marketing company that
promotes and sells nutritional and skin care products globally.
W. John Short, CEO &
President of RiceBran Technologies commented, "The single
ingredient covered by this agreement is produced in our
Dillon, Montana plant using our
patented processes. While this agreement is just a small
first step with a large, global direct marketing company, it puts
RiceBran Technologies on the approved vendor list and could help
facilitate future sales of our other rice bran and rice bran
derivative products."
Short continued, "Our Stage II rice bran derivative products
continue to gain traction in the nutraceutical and functional food
(NFF) markets. This positive customer response speaks
directly to the quality and functionality of our hypoallergenic,
gluten free, non-genetically modified, natural and minimally
processed proprietary ingredients. We believe we are particularly
well positioned to continue to gain market share in the healthy and
natural food ingredient, nutritional supplement and functional food
categories."
Forward-Looking Statements
This release contains forward-looking statements, including, but
not limited to, statements about RiceBran Technologies'
expectations regarding facilitating future sales growth of the
company's products, gaining traction in the nutraceutical and
functional food markets and the company's ability to gain market
share in the healthy and natural food ingredient, nutritional
supplement and functional food categories. These statements are
made based upon current expectations that are subject to known and
unknown risks and uncertainties. RiceBran Technologies does
not undertake to update forward-looking statements in this news
release to reflect actual results, changes in assumptions or
changes in other factors affecting such forward-looking
information. Assumptions and other information that could
cause results to differ from those set forth in the forward-looking
information can be found in RiceBran
Technologies' filings with the Securities and Exchange
Commission, including its most recent periodic reports.
About RiceBran Technologies
RiceBran Technologies is a human food ingredient and
animal nutrition company focused on the procurement, bio-refining
and marketing of numerous products derived from rice bran.
RiceBran Technologies has proprietary and
patented intellectual property that allows us to convert rice bran,
one of the world's most underutilized food sources, into a number
of highly nutritious human food ingredient and animal nutrition
products. Our target markets are human food ingredient and
animal nutrition manufacturers and retailers, as well as natural
food, functional food and nutraceutical supplement manufacturers
and retailers, both domestically and internationally. More
information can be found in the Company's filings with the SEC and
by visiting our website at http://www.ricebrantech.com.
Investor Contact:
Ascendant Partners, LLC
Fred Sommer
+1(732)410-9810
fred@ascendantpartnersllc.com
SOURCE RiceBran Technologies
