MUNDELEIN, Ill, Dec. 11, 2012 /PRNewswire/ -- Z Trim Holdings, Inc. (OTC Markets: ZTHO News), a bio-technology company providing value-added ingredients to a variety of industries, announced today that it will begin manufacturing non-GMO corn products in early 2013 to meet expanding domestic and international demand. Upon the announcement of the opening of its toll manufacturer’s facility in November 2012, Z Trim Holdings, Inc. has received several requests from both U.S. and foreign companies expressing interest to purchase our high viscosity, high water-holding capacity corn Z Trim that meets non-GMO standards. “Large markets in Australia, Asia and Europe will only accept a small number of products from a specific number of GMO corn strains,” said Lynda Carroll, Z Trim’s VP of Sales and Applications. “As we now have secured sources for non-GMO corn bran, combined with our increased manufacturing capacity, it will be much easier to make a big push to enter into these large specialty and global markets.”
ABOUT Z TRIM®
Z Trim Holdings, Inc. (www.ztrim.com) is a bio-technology company that owns existing, and has developed new, products and processes to make use of biomass for uses in the food and industrial markets. The Company’s food division currently sells a line of products to the food industry that can help food manufacturers reduce their costs and help them solve many production problems. The Company’s revolutionary technology provides value-added ingredients across virtually all food industry categories. The Company’s all-natural products, among other things, help to reduce fat and calories, add fiber, provide shelf-stability, prevent oil migration, and add binding capacity all without degrading the taste and texture of the final food products. Perhaps most significantly, Z Trim’s products can help extend finished products, and thereby increase its customers’ gross margins. The Company’s industrial division, opened in 2012, plans to sell eco-friendly ingredients to oil drilling, hydraulic fracturing, petroleum coke, steel/aluminum, paper and other industries. The Company’s industrial ingredients are highly functional in applications for adhesives, binders, viscofiers and emulsifiers.
Forward-Looking Statements and Risk Factors
Certain statements in this press release are “forwardlooking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve a number of risks, uncertainties and other factors that could cause actual results, performance or achievements of Z Trim Holdings to be materially different from any future results, performance or achievements expressed or implied by these forwardlooking statements. Other factors, which could materially affect such forwardlooking statements, can be found in our filings with the Securities and Exchange Commission at www.sec.gov, including risk factors relating to our history of operating losses, that our auditors have expressed substantial doubt regarding our ability to continue as a going concern, the fact that we may dilute existing shareholders through additional stock issuances, and our reliance on our intellectual property. Investors, potential investors and other readers are urged to consider these factors carefully in evaluating the forwardlooking statements and are cautioned not to place undue reliance on such forwardlooking statements. The forwardlooking statements made herein are only made as of the date of this press release and we undertake no obligation to publicly update such forwardlooking statements to reflect subsequent events or circumstances.
Contacts: | |
Media: | Investor Relations: |
Angela Strickland | Thomas Wagner |
(847) 549-6002 | Legend Securities, Inc. |
mediarelations@ztrim.com | 718-233-2627 |
John Columbia | |
Legend Securities, Inc. | |
718-233-2677 | |
SOURCE Z Trim Holdings, Inc.