SCOTTSDALE, Arizona,
November 16, 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 appointed Robert S. Kopriva and Peter A. Woog to the Board of Directors of
RiceBran Technologies effective upon the listing of the Company's
common stock and warrants on The Nasdaq Capital Market.
W. John Short, CEO and President
of RiceBran Technologies commented, "We are excited to have
independent directors of the caliber of Bob and Peter join our
Board. Bob's intimate knowledge of and contacts in the food,
food ingredient and meat markets both domestically and
internationally bring tremendous value to our Company.
Peter's extensive experience working with portfolio company
management teams in the development and implementation of strategic
and business plans will also bring great benefit for our management
team. We welcome both of these seasoned professionals to our
Board."
Robert S. Kopriva, age 62,
currently serves as Co-Chairman of Rupari Foods, a Wind Point
portfolio company and is a senior advisor to the CEO of Bar-S
Foods. He was the former President and CEO of Sara Lee Foods
and the former Chairman of Premium Standard Farms. Mr.
Kopriva will be a member of the Audit Committee and the
Compensation Committee. He holds a bachelors degree in accounting
from the University of Illinois and an
MBA from the Kellogg School of Management at Northwestern University.
Peter A. Woog, age 71, is a
partner at Najafi Companies where he evaluates acquisition
opportunities and assists management of acquired companies in the
development and implementation of strategic, business and financial
plans. Previously, Mr. Woog spent three decades at AT&T
and became CEO and a director of Cable Systems Holdings when
CitiCorp Venture Capital acquired the business from AT&T.
He was also the former CEO of International FiberCom and has
sat on numerous public and private boards. Mr. Woog holds a
bachelors degree in mechanical engineering from Lowell
Technological Institute (University of
Massachusetts-Lowell) and a Master of Science degree in
management science from Stevens Institute of
Technology.
Both Messrs. Kopriva and Woog will be compensated according to
the Company's standard compensation policies for directors.
Forward-Looking Statements
This release contains forward-looking statements, including, but
not limited to, statements about RiceBran Technologies'
expectations regarding listing on The NASDAQ Capital Market. 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 ingredients 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
+(732)410-9810
fred@ascendantpartnersllc.com
SOURCE RiceBran Technologies
