Mundelein, IL / ACCESSWIRE / October 15, 2014 / Z Trim Holdings, Inc. ("ZTH") (OTCQB: ZTHO), an AgriTech company providing value-added ingredients to a variety of industries, today announced that a large seafood processor has placed its first production order for ingredients to be used in frozen fish patties. This sale is the result of more than 24 months of collaboration between food scientists at the two firms on the development and testing of this new application.
"This is a classic example of the versatility of our functional ingredients," said VP of Sales and Applications, Lynda Carroll. "Fish has a naturally high moisture content and, in this application, Z Trim will help to maintain the textural integrity of the finished product by limiting the growth of ice crystals that form during transportation and storage. And the benefits don't end there", Carroll went on, "In addition to improving texture and consistency, Z Trim ingredients are also a gluten-free alternative to the wheat-based products typically used in similar applications, thereby providing the manufacturer with access to the growing market of consumers who adhere to a gluten-free diet."
"This is an important milestone for us," said Steve Cohen, Z Trim's CEO. "As consumer preferences shift towards more nutritious foods, the global processed seafood market has grown steadily and is expected to surpass $211 billion by 2018. Z Trim's patented technology can help these processors solve manufacturing problems and deliver healthy, high quality products to their customers."
ABOUT Z TRIM(R)
Z Trim Holdings, Inc. (www.ztrim.com) is an AgriTech 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, sells 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 "forward−looking 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 forward-looking statements. Other factors, which could materially affect such forward-looking 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 forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
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Contact Information
Media:
Angela Strickland
(847) 549-6002
[email protected]
SOURCE: Z Trim Holdings, Inc.