DGAP-News: BURCON ANNOUNCES FIRST COMMERCIALLY-PRODUCED CLARISOY(TM)
(firmenpresse) - DGAP-News: Burcon NutraScience Corp. / Key word(s): Product Launch
BURCON ANNOUNCES FIRST COMMERCIALLY-PRODUCED CLARISOY(TM)
19.06.2012 / 09:30
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BURCON ANNOUNCES FIRST COMMERCIALLY-PRODUCED CLARISOY(TM)
Vancouver, British Columbia, June 18, 2012- Burcon NutraScience Corporation
(TSX - BU; NASDAQ - BUR) ('Burcon') announces today that Archer Daniels
Midland Company ('ADM') has constructed and is operating a commercial-scale
production plant in Decatur, Illinois to produce CLARISOY(TM) 100, the
first product to launch in ADM's line of CLARISOY(TM) soy proteins.
'The first commercially-produced CLARISOY 100 is an important achievement.'
said Johann F. Tergesen, president and COO of Burcon, adding, 'This
milestone also marks a beginning, as ADM expects this first production
plant to be the foundation for an entire CLARISOY product line.'
In March 2011, Burcon signed a 20-year license agreement with ADM for the
worldwide production, distribution and sale of Burcon's CLARISOY soy
proteins. Under the license agreement, ADM will make royalty payments to
Burcon from the sale of CLARISOY products. The license agreement gives ADM
exclusive rights across all geographic regions and all potential product
applications to produce, market and sell CLARISOY soy proteins.
'ADM has been a world leader in the soy protein business for over 20
years.' said Randy Willardsen, senior vice-president, process, of Burcon,
adding, 'Their know-how and expertise in production and sale of food
ingredients - including their commitment to innovation - makes ADM the
ideal company to bring CLARISOY to market.'
CLARISOY 100 is designed to meet the global demand for nutritionally
enhanced refreshing beverages and is specifically developed for use in
beverages with pH levels below 4.0. CLARISOY 100 provides beverage
manufacturers the ability to achieve an FDA 'good' or 'excellent source' of
protein rating.
In low pH beverages, CLARISOY 100 is 100% soluble and transparent. Best
used in sports nutrition beverages, citrus-based drinks, fruit-flavored
beverages, powdered beverage mixes, fruit juice blends and fortified
waters, CLARISOY 100 is the only vegetable-based soluble protein capable of
offering both clarity and complete protein nutrition in low pH beverage
systems. Extremely heat stable, CLARISOY 100 requires no homogenization or
stabilizers in low pH beverages.
'CLARISOY is a timely product,' said Johann F. Tergesen, president and COO
of Burcon, adding, 'CLARISOY is an ideal protein for food and beverage
formulators who want to respond to consumer demands for healthy,
great-tasting products made from sustainable plant-based ingredients.'
Burcon is developing a number of additional novel plant protein ingredients
including PEAZAZZ(TM), a uniquely soluble and clean-tasting pea protein
isolate as well as Puratein(R), Supertein(TM) and Nutratein(TM) canola
protein isolates.
'With the commercialization of CLARISOY underway, we can focus our efforts
on our other most promising technologies. Our goal is to bring all our
innovative plant-based proteins to market.' commented Mr. Tergesen.
About Burcon NutraScience
Burcon is a leader in nutrition, health and wellness in the field of
functional, renewable plant proteins. Since 1999, Burcon has developed a
portfolio of composition, application, and process patents originating fromour core protein extraction and purification technology. We have developed
CLARISOY(TM) soy protein, the only vegetable-based protein that offers
clarity and complete protein nutrition for low pH beverage systems;
PEAZAZZ(TM) a uniquely soluble and clean-tasting pea protein and
Puratein(R), Supertein(TM) and Nutratein(TM) canola protein isolates with
unique functional and nutritional attributes. Our team of highly
specialized scientists and engineers work from our private research
facility to develop and optimize environmentally sound technologies.
To-date, our patent portfolio consists of 191 issued patents in various
countries, including 34 issued U.S. patents, and in excess of 375
additional pending patent applications, 74 of which are U.S. patent
applications.
CLARISOY(TM) is under license from Archer Daniels Midland Company.
CLARISOY(TM) is a trademark of Archer Daniels Midland Company.
###
ON BEHALF OF THE BOARD OF DIRECTORS
'Johann F. Tergesen'
Johann F. Tergesen
President and Chief Operating Officer
The TSX has not reviewed and does not accept responsibility for the
adequacy of the content of the information contained herein. This press
release contains forward-looking statements that involve risks and
uncertainties. These forward-looking statements relate to, among other
things, plans and timing for the introduction or enhancement of our
products, statements about future market conditions, supply and demand
conditions, and other expectations, intentions and plans contained in this
press release that are not historical fact. Our expectations regarding the
prospect for future success depend upon our ability to develop and sell
products, which we do not produce today and cannot be sold without further
research and development. When used in this press release, the words
'goal', 'intend', 'believes' and 'potential' and similar expressions,
generally identify forward-looking statements. These statements reflect our
current expectations. They are subject to a number of risks and
uncertainties. In light of the many risks and uncertainties surrounding the
development of a source of protein from canola meal, you should understand
that we cannot assure you that the forward looking statements contained in
this press release will be realized.
For more information, please contact:
Michael Kirwan, Director, Corporate Development
Burcon NutraScience Corporation
(604) 733-0896 / (888) 408-7960 toll-free
mkirwan(at)burcon.ca www.burcon.ca
End of Corporate News
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