Burcon NutraScience Corporation (TSX:BU) (Nasdaq:BUR), a leader in
functional, renewable plant proteins, officially launched its new
Peazazz® pea protein at this year's Institute of Food Technologists
Annual Meeting and Food Expo being held last week in Chicago.
According to show organizers, the 2013 IFT Expo was one of the
biggest and best in recent years, with more than 23,500 food
professionals attending the meeting to learn and share the latest
innovations in food science and technology.
Visitors to Burcon's booth were able to experience first-hand
Peazazz's uniquely clean flavor characteristics and excellent
solubility that allow its use in both low and neutral pH beverages
as well as in a variety of other food and beverage product
applications.
They discovered how the nutritional, functional and
hypoallergenic characteristics of Peazazz make it an attractive
protein ingredient for food or beverage companies looking to
improve their product formulations.
Burcon demonstrated two products that highlight Peazazz's unique
qualities and versatility:
Peach Mango Rhythm: made from 30% real juice,
with all natural flavors and containing five grams of Peazazz pea
protein per 250 ml serving.
Vanilla Jazz: a neutral pH milk-style beverage
with a faint hint of vanilla flavoring, fortified with vitamins and
minerals and five grams of Peazazz pea protein per 250 ml
serving.
"Given the tremendous positive feedback we received, we could
not have asked for a better launch for Peazazz," said Johann F.
Tergesen, Burcon's president and COO. "We clearly demonstrated that
Peazazz is the next generation of plant protein ingredients."
"We had many conference attendees who expressed strong interest
in pursuing further discussions about Peazazz, ranging from food
and beverage makers looking to incorporate Peazazz into their
products, to potential manufacturing and marketing partners wanting
to take advantage of the competitive advantages Peazazz presents,"
added Tergesen. "This makes the recent completion of our Peazazz
semi-works plant in Winnipeg very timely, as it allows us to soon
begin shipping product development-size samples of Peazazz."
Burcon's new Peazazz semi-works plant was built with
commercial-scale equipment in order to produce the tonnage amounts
required by food and beverage makers looking to conduct full-scale,
real-world market evaluations of Peazazz in their consumer
products. These evaluations typically include consumer testing,
market acceptance and shelf life evaluation.
The company's engineers are currently completing the start-up
phase of the new facility, and are optimizing its production
processes. The company expects to soon begin full production of
significant quantities of Peazazz for shipment under material
transfer agreements (MTAs) it has signed with major food and
beverage makers, industry suppliers, and potential manufacturing
and sales partners.
The ability to produce Peazazz in multiple, non-consecutive
batches will demonstrate how this unique protein can be reliably
and economically produced. The plant will also serve as a
functional model for potential manufacturing partners, and
ultimately accelerate time-to-market and reduce product adoption
risk.
About Peazazz Pea Protein
Peazazz pea protein is 100% soluble, transparent and heat stable
in low pH solutions. Derived from field peas, Peazazz's
uniquely clean flavor characteristics, exceptional solubility and
nutritional value make it ideal for use in a variety of food,
beverage and nutritional products.
Ideal applications for Peazazz include sports nutrition
beverages, citrus-based drinks, fruit-flavored beverages, fruit
juice blends, fortified waters, dairy alternative products and
powdered beverage mixes. Peazazz can also fortify snacks, cereals
and diet products, as well as gluten-free, vegetarian and vegan
food products.
Compared to other plant-based proteins, pea proteins are also
hypoallergenic and more environmentally sustainable. Pea plants
have a unique ability to draw in nitrogen from the atmosphere and
store it in their roots. This allows producers to use less
fertilizer when replenishing the soil, making pea a desired and
truly sustainable crop.
For more information about Peazazz,
visit www.burcon.ca.
About Burcon NutraScience Corporation
Burcon NutraScience is a leader in nutrition, health and
wellness in the field of functional plant proteins. The company has
developed a portfolio of composition, application, and process
patents originating from a core protein extraction and purification
technology. Burcon's CLARISOY™ soy protein offers clarity and
high-quality protein nutrition for low pH beverage systems;
Peazazz® is a uniquely soluble and clean-tasting pea protein; and
Puratein®, Supertein™ and Nutratein® are canola protein isolates
with unique functional and nutritional attributes. For more
information about the company, visit www.burcon.ca.
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 or
forward-looking information. Forward-looking statements or
forward-looking information involve risks, uncertainties and other
factors that could cause actual results, performances, prospects
and opportunities to differ materially from those expressed or
implied by such forward-looking statements. All statements other
than statements of historical fact included in this release are
forward-looking statements, including, without limitation,
statements regarding 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. There can be
no assurance that such statements will prove to be accurate and
actual results and future events could differ materially from those
anticipated in such statements or information. Important factors
that could cause actual results to differ materially from Burcon's
plans and expectations include the actual results of marketing
activities, adverse general economic, market or business
conditions, regulatory changes and other risks and factors detailed
herein and from time to time in the filings made by Burcon with
securities regulators and stock exchanges, including in the section
entitled "Risk Factors" in Burcon's annual information form dated
June 25, 2013. Any forward-looking statement or information
only speaks as of the date on which it was made and, except as may
be required by applicable securities laws, Burcon disclaims any
intent or obligation to update any forward-looking statement,
whether as a result of new information, future events or otherwise.
Although Burcon believes that the assumptions inherent in the
forward-looking statements are reasonable, forward-looking
statements are not guarantees of future performance and accordingly
undue reliance should not be put on such.
CONTACT: Media & Industry Contact:
Michael Kirwan
Director, Corporate Development
Burcon NutraScience Corporation
Direct (604) 733-0896
Toll-free (888) 408-7960
mkirwan@burcon.ca
www.burcon.ca
Investor Relations Contact:
John MacLennan
Managing Director
Liolios Group Inc.
Tel (416) 644.8688
john@liolios.com
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