Notice of Allowance for patent
August 31 2010 - 2:02AM
UK Regulatory
TIDMPURE
RNS Number : 8418R
PureCircle Limited
31 August 2010
PureCircle receives Notice of Allowance for Patent
on stevia production
processes
("PureCircle or the Company")
PureCircle (LSE: PURE), the world's leading producer of high purity stevia
products, is pleased to announce it has received a Notice of Allowance from the
U.S. Patent and Trademark Office for its patent application on the production of
high purity stevia sweeteners. The Notice of Allowance is related to the
process and method of producing a range of high purity stevia sweeteners from
the Stevia rebaudiana Bertoni plant including the production of high purity
stevia extract, as well as the isolation and purification of rebaudioside A and
enzymatically treated steviol glycosides. On issuance of this U.S. patent, it
will provide the Company with strong competitive advantage and protections
across PureCircle's portfolio of high purity stevia products. The issued U.S.
patent is expected to expire in 2025.
Beyond this patent application, PureCircle has a total of 49 additional patent
applications in various stages in the review process, submitted across global
markets, which would further establish barriers to entry in the stevia industry.
Magomet Malsagov, CEO and Managing Director of PureCircle Limited, said: "This
patent underscores the strength of our R&D and operations teams as pioneers
within the stevia industry. PureCircle's ability to produce consistent, high
quality product in large scale, continues to be a leading source of competitive
advantage as it allows us to deliver on the expectations of the world's leading
food and beverage manufacturers. We are pleased to be able to add this process
and method patent to our growing portfolio of patents."
About PureCircle
PureCircle (www.purecircle.com) is the global leader in the production of high
purity stevia products. PureCircle is leading the industry with the development
of a strong sustainable natural supply chain. Stevia is now being grown for
PureCircle in more than 15 countries across South America, Africa, and Asia, and
the United States providing a sustainable cash crop for rural farming
communities in each region. As part of its leadership of the stevia industry,
PureCircle has pioneered the industry trust mark "Naturally Sweetened with
Stevia by PureCircle" that educates consumers about the benefits of stevia and
provides a strong basis for trust for both consumers and Food and Beverage
companies alike.
PureCircle's global headquarters are in Kuala Lumpur, Malaysia. PureCircle
shares are traded on the LSE AiM index.
For More Information
+---------------------------+----------------------------+
| PureCircle Limited | |
| (www.purecircle.com) | |
+---------------------------+----------------------------+
| Magomet Malsagov, | +60 1 2388 8049 |
| Managing Director | |
+---------------------------+----------------------------+
| William Mitchell, Finance | +44 7974 005 163 |
| Director | |
+---------------------------+----------------------------+
| | |
+---------------------------+----------------------------+
| Westport Communications | +44 20 7065 2690 |
+---------------------------+----------------------------+
| Alan Frame | alan@westportcomms.com |
+---------------------------+----------------------------+
| Jeanette Bishop | jeanette@westportcomms.com |
+---------------------------+----------------------------+
| | |
+---------------------------+----------------------------+
| RFC Corporate Finance Ltd | +61 8 9480 2500 |
+---------------------------+----------------------------+
| Stephen Allen | |
+---------------------------+----------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCWGUBCRUPUUAG
Purecircle (LSE:PURE)
Historical Stock Chart
From Jul 2024 to Aug 2024
Purecircle (LSE:PURE)
Historical Stock Chart
From Aug 2023 to Aug 2024
