Burcon Receives Notice of Allowance for CLARISOY(TM) Composition of Matter
VANCOUVER, British Columbia, Feb. 5, 2014 (GLOBE NEWSWIRE) -- Burcon
NutraScience Corporation, (TSX:BU) (Nasdaq:BUR) ("Burcon") a leader in
functional and renewable plant protein ingredients, has received a notice of
allowance from the United States Patent and Trademark Office for an important
and commercially strategic CLARISOY™ patent application. The importance and
strategic value of this patent derive from the numerous specific composition
of matter claims that have been allowed. The composition of matter claims
provide protection over the commercially valuable attributes of CLARISOY™.
This marks the first ever CLARISOY™ composition of matter claims to be
A notice ofallowance from the United States Patent and Trademark Office is a
written notification thata patent application has cleared internal review and
will proceed to grant as a U.S. patent.
CLARISOY™ is Burcon's proprietary and revolutionary soy-based
protein.CLARISOY™ is under exclusive license to Archer Daniels Midland
Company ("ADM").ADM's CLARISOY™ line includes a range of products for both
low and neutral pH applications.
"Composition of matter patents are considered to be the most valuable type of
patent because they cover any use of the claimed matter, regardless of the
process by which it was produced or how it is being used," noted Johann
Tergesen, Burcon's president and COO. "So, unlike application or process
patents where it can be more difficult to establish that an infringement has
occurred, enforcing composition of matter patents simply requires that the
matter in question demonstrates the same beneficial characteristics of the
matter that is patent-protected. For CLARISOY™, these characteristics, amongst
others, are its unique solubility and transparency in solution, and absence of
taste or smell."
This new patent allowance reflects Burcon's extensive investment in developing
its intellectual property portfolio, which includes the full range of
composition of matter, application and process patents and patent
applications. Including the new CLARISOY™ patent, Burcon's intellectual
property portfolio will be comprised of 255 patents in various countries, with
52 in the U.S., as well as more than 450 active patent applications, including
85 in the U.S.
"This new composition of matter patent represents a major step in protecting
the intellectual property that supports the unique competitive advantages of
CLARISOY™," continued Mr. Tergesen. "Our patenting efforts will remain a major
area of focus in 2014, as will be our continued pursuit of perfecting the
science that makes our proteins already so exceptional."
About CLARISOY™ Soy Protein
CLARISOY™ soy protein, which is under exclusive license to Archer Daniels
Midland Company ("ADM"), is the world's only soy-based protein capable of
offering both clarity and high-quality protein nutrition in low pH beverage
ADM's CLARISOY™ line includes a range of products for both low and neutral pH
applications allowing food and beverage companies to easily include up to 10
grams of CLARISOY™ per 500mL serving.
CLARISOY™ 100 is a premier soy-based protein that offers both clarity and
high-quality protein nutrition for beverages with a pH of less than
4.Extremely heat stable, CLARISOY™ 100 requires no homogenization or
stabilizers in low pH beverages.
CLARISOY™ 150 is a revolutionary soy protein for neutral pH beverages and low
pH beverages with cloud systems. The clean flavor and smooth mouth-feel makes
CLARISOY™ 150 a formulator's ideal protein ingredient.
For more information about CLARISOY™, visitwww.clarisoy.com.
About Burcon NutraScience Corporation
Burcon NutraScience is a leader developing functionally superior 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™ 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.
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.
CONTACT: Media & Industry Contact:
Director, Corporate Development
Burcon NutraScience Corporation
Tel 604-733-0896, Toll-free 888-408-7960
Investor Relations Contact:
Michael Koehler or Matt Glover
Liolios Group Inc.
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