DGAP-News: Burcon NutraScience Corp.: Burcon's Peazazz Pea Protein Semi-Works
Plant Commissioned and Operational
DGAP-News: Burcon NutraScience Corp. / Key word(s): Miscellaneous
Burcon NutraScience Corp.: Burcon's Peazazz Pea Protein Semi-Works
Plant Commissioned and Operational
23.08.2013 / 17:05
Burcon's Peazazz Pea Protein Semi-Works Plant Commissioned and Operational
Plant Enables Burcon to Produce Tonnage Amounts of Peazazz As Needed by Key
Potential Customers and Partners for Food & Beverage Product Development
Vancouver, British Columbia, August 23, 2013- Burcon NutraScience
Corporation (TSX:BU, NASDAQ:BUR), a leader in developing functionally and
nutritionally valuable plant-based proteins, has completed on schedule the
startup and now the commissioning of its semi-works plant in Winnipeg for
its revolutionary Peazazz(R) pea protein.
The newly commissioned plant utilizes commercial-scale equipment which will
be capable of producing the tonnage amounts required by certain significant
food and beverage makers looking to conduct full-scale, real-world market
evaluations of Peazazz in their consumer products. The plant also supports
the company's ongoing discussions with companies who are potential partners
with Burcon for the production and marketing of Peazazz.
'The commissioning of our Peazazz semi-works plant marks a significant
advancement in the commercialization of this amazing pea protein,' said
Johann F. Tergesen, Burcon's president and COO. 'We had already established
the unique functional and nutritional attributes of Peazazz with our
pilot-scale plant to produce small samples, and now we can demonstrate how
Peazazz can be economically produced using commercial-scale equipment.'
While the new semi-works plant utilizes commercial-scale equipment, it will
only be used to produce the amounts of Peazazz needed for targeted market
development activities with certain prospective customers. By functioning
as a model for potential manufacturing partners to emulate, the plant can
also ultimately shorten their time-to-market.
The timing of this commissioning and startup coincides with the company's
official launch of Peazazz at the 2013 Institute of Food Technologists
Annual Meeting and Food Expo held a few weeks ago in Chicago. Peazazz was
well received by food and beverage makers in attendance, as well as
potential alliance partners.
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.
About Burcon NutraScience Corporation
Burcon NutraScience is a leader a leader in developing functionally and
nutritionally valuable plant-based 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(TM) soy protein offers clarity and high-quality protein nutrition
for low pH beverage systems; Peazazz(R) is a uniquely soluble and
clean-tasting pea protein; and Puratein(R), Supertein(TM) and Nutratein(R)
are canola protein isolates with unique functional and nutritional
attributes. For more information about the company, visit www.burcon.ca.
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 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.
CLARISOY is a trademark of Archer Daniels Midland Company.
Media & Industry Contact:
Director, Corporate Development
Burcon NutraScience Corporation
Tel (604) 733-0896, Toll-free (888) 408-7960
Investor Relations Contact:
Liolios Group Inc.
Tel (416) 644-8688
End of Corporate News
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