MUNDELEIN, IL / ACCESSWIRE / April 20, 2015 / Z Trim Holdings, Inc. ("ZTH") (OTCQB:ZTHO), an AgriTech company providing value-added ingredients to a variety of industries, today announced the addition of Dan P. Jeffery to the Z Trim Management Team as Chief Operating Director. In this role, he will report to the CEO and contribute to the oversight of all sales, marketing, operations and administrative functions. The incumbent VP of Sales, Lynda Carroll, will assume responsibility for Z Trim's Applications and Technical Service Team. Jeffery was also recently appointed to the Company's Board of Directors, replacing Mark Hershhorn, who retired after 6 years of Board service.
From 1984 to 2014, Dan Jeffery was Co-Founder and President of Axelgaard Manufacturing Co Ltd., which develops and produces hydrogels and neurostimulation devices for healthcare facilities around the world. He previously served as VP of Marketing for Neuromedics; International Sales and Marketing Manager for General Electric Medical Systems and Central Regional Sales Manager for Honeywell Medical Systems. Jeffery received a BS in Education from the University of Illinois before serving as an instructor at the U.S. Military Academy in West Point, NY.
"Having spent the better part of my career at large national and international firms," said Jeffery, "it's thrilling to once again work with a company that is small in size, but I believe has virtually unlimited potential for growth. Z Trim's ability to transform waste streams into functional ingredients is a genuinely disruptive technology that could have a profound impact on both global health as well as the bottom lines of food manufacturers. I'm grateful for the opportunity to be a part of it."
"Dan Jeffery is the right man at the right time," said Z Trim CEO Ed Smith. "He has the training and discipline he honed at iconic multinational firms, as well as the determination and creativity it took to build a startup with a good idea into a large and successful enterprise. I expect that Dan's sales and marketing savvy, combined with Lynda Carroll’s food science and formulation expertise, will deliver tremendous value for our customers."
Board Chairman Mo Garfinkle commented on retired External Director Mark Hershhorn, saying "I've known and worked with Mark Hershhorn for more than three decades. He is a consummate professional and a passionate and tireless advocate for the many organizations and causes he champions. The Z Trim family has been fortunate to have Mark's insight, humor and wise counsel since 2008. We thank him for his service and wish him, and his family, many years of good health and happiness."
Mark Hershhorn is President of CKS & Associates Management LLC; President and CEO of CKS & Associates; CEO of Midwest Real Estate Investment LLC; General Partner of New Horizons West LLP and CEO of New Horizons Real Estate Holdings LLC. He previously served as President, CEO and director of National Media Corporation, Chairman of Quantum International Ltd. and Senior Vice President of Nutri/System, Inc. During the 1980’s, Mark was Chief Financial Officer, Treasurer, Vice President and director of the Franklin Mint. Mark received his BS Degree in Economics from Rutgers University and an MBA from the Wharton School of Finance, University of Pennsylvania.
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 transform biomass for uses in the food and industrial markets. Using revolutionary technology designed to produce value-added ingredients across virtually all food industry categories, the Company's food division currently sells a line of products that can help food manufacturers reduce their costs and solve many production problems. These all-natural ingredients, 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 finished products. Perhaps most significantly, Z Trim's products can help extend yields, and thereby increase its customers' gross margins. The Company's industrial division, opened in 2012, offers eco-friendly ingredients to oil drilling, hydraulic fracturing, petroleum coke, steel/aluminum, paper and other industries. These 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. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such forward-looking statements. The forward-looking statements contained in this press release include statements regarding the Company's unlimited potential for growth, the ability of the Company’s products to have a profound impact, the appointment of Daniel Jeffery as Chief Operating Director delivering value for customers. These statements involve a number of risks, uncertainties and other factors that could cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements including the Company's ability to integrate Dan Jeffery into its organization and its ability to grow. 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 contained in the filings. 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.
Contact:
Media and Investor Relations:
Steve Cohen
(847) 549-6002
[email protected]
SOURCE: Z Trim Holdings, Inc.