MUNDELEIN, IL / ACCESSWIRE / June 9, 2015 / Z Trim Holdings, Inc. (ZTH) (PINKSHEETS: ZTHO), an AgriTech company providing value-added ingredients to a variety of industries, today announced that its insoluble fiber ingredient, also called Z Trim, is now in the commercially available products of 4 of the top 25 meat companies. These products are sold at a quick-serve-restaurant chain, convenience stores, warehouse stores and supermarkets.
While we cannot disclose the name of these specific customers for confidentiality reasons, it is very gratifying to see the investments we have made into serving the meat industry begin to bear fruit, said Z Trim CEO Ed Smith. Given the rising costs of meats, our ability to profitably extend the yield of meat products by up to 30% has clearly received the industrys attention. We look forward to continued growth as our existing customers add Z Trim to more of their products. We also have some exciting pilot projects with new potential meat customers that we hope to convert to Z Trim customers this year.
My 40 years of experience in meat R&D tells me that Z Trim is about to take off, said Chandler Horton, an External Consultant to the Company and the former VP of R&D at Keystone Foods. I have seen this before with soy protein where everyone knew it worked but it only became a widely adopted staple when the industry leaders began using it. The dynamic is similar with Z Trim as the feedback from my industry contacts has been outstanding. Now that the Company has this validation, I will enjoy helping them reach the next level.
The Company invites interested parties to watch a demonstration video of Z Trim extending meat products on its home page at www.ztrim.com. Applications range from beef and steak patties to pork, poultry and fish products. Our all-natural ingredients can also provide cost savings in seasonings and blends for meat products. The Companys applications team stands ready to engage additional potential customers of all sizes interested in learning more.
ABOUT Z TRIM
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 Companys 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 "forwardlooking 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 continued growth of the Company in the meat industry both with existing and new customers and ability of the Company's insoluble fiber product to extend yields by up to 30% and the potential to convert pilot projects into commercial sales. 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 failure of the Company to obtain market acceptance of its products. 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.
Contacts:
Media and Investor Relations:
Steve Cohen
(847) 549-6002
[email protected]
SOURCE: Z Trim Holdings, Inc.