DGAP-News: Burcon NutraScience Corp.: BURCON DEVELOPS NEW TECHNOLOGY
(firmenpresse) - DGAP-News: Burcon NutraScience Corp. / Key word(s): Product Launch
Burcon NutraScience Corp.: BURCON DEVELOPS NEW TECHNOLOGY
15.11.2011 / 17:30
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BURCON DEVELOPS NEW TECHNOLOGY
INTRODUCES PEAZAZZ(TM) - PEA PROTEIN ISOLATE
Vancouver, British Columbia, November 15, 2011- Burcon NutraScience
Corporation (TSX:BU) (NASDAQ:BUR) ('Burcon' or the 'Company') announces
today that it has developed a novel pea protein isolate. Burcon has
branded this new protein as Peazazz(TM).
Peazazz(TM) is 100% soluble and transparent in low pH solutions with clean
flavour characteristics and is heat stable permitting hot fill
applications. Burcon's Peazazz(TM) could be used in a variety of healthy
and flavourful consumer product applications and should be of interest to
companies looking for a great tasting functional alternative plant protein
ingredient.
Pea protein is a relatively new, vegetable-based, functional protein
ingredient valued for its emulsifying properties. Pea proteins currently
available in the market are sold for use in a variety of food products
including: snacks and cereals; diet products (high protein foods);
gluten-free and vegetarian and vegan foods.
'Burcon is a leader in nutrition, health and wellness in the field of
functional, renewable plant proteins and today's announcement further
demonstrates Burcon's capability.' said Johann F. Tergesen, Burcon's
President and C.O.O. adding, 'Our team of scientists and engineers has once
again proven their ability to push the envelope in developing unique plant
protein ingredients with our first protein from a source other than
oilseeds. Our new Peazazz(TM) protein offers yet another platform for
Burcon to monetize our technology.'
Burcon also announces today that it is engaged in discussions with a
potential partner to commercialize Peazazz(TM) and the associated protein
extraction technology. In that regard, Burcon has entered into a
confidentiality and material transfer agreement to facilitate these
discussions.
Burcon has filed patent applications with the United States Patent and
Trademark Office to protect its newly developed novel processes for the
production of pea protein isolates, as well as to protect Peazazz(TM), the
product derived therefrom, and to protect the functional and nutritional
applications of Peazazz(TM) as an ingredient in consumer products.
Consistent with Burcon's previous patents and patent applications, Burcon
has also filed for protection internationally under the patent cooperation
treaty of the World Intellectual Property Organization to protect these new
inventions. As at the date of this announcement, Burcon now has 174 issued
patents worldwide including 30 issued U.S. patents, and in excess of 300
additional patent applications, 70 of which are U.S. patent applications.
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 from
our core protein extraction and purification technology. We are developing
Puratein(R), Supertein(TM) and Nutratein(TM) canola protein isolates with
unique functional and nutritional attributes; CLARISOY(TM), a revolutionary
soy protein isolate with exceptional nutritional and flavor profiles which
is 100% soluble and transparent in low pH solutions; and Peazazz(TM) a
uniquely soluble and clean-tasting pea protein isolate. 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 174 issued patents in various
countries, including 30 issued U.S. patents, and in excess of 300
additional pending patent applications, 70 of which are U.S. patent
applications.
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ON BEHALF OF THE BOARD OF DIRECTORS
'Johann F. Tergesen'
Johann F. Tergesen
President and Chief Operating Officer
CLARISOY is a trademark of Archer-Daniels-Midland Company.
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 or reliance on our development partner. 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.
For more information, please contact:
Jade Cheng, Chief Financial Officer
Burcon NutraScience Corporation
(604) 733-0896 / (888) 408-7960 toll-free
jcheng(at)burcon.ca www.burcon.ca
End of Corporate News
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146494 15.11.2011
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Datum: 15.11.2011 - 17:30 Uhr
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