MUNDELEIN, Ill., April 22, 2014 /PRNewswire/ -- Z Trim Holdings, Inc. (OTC Markets: ZTHO – News), a biotechnology company providing value-added ingredients to a variety of industries, today announced it engaged the services of two new distributors – SPI Group (www.spigroup.net) and Unipex Solutions Canada (http://www.unipex.ca/en/index.php).
SPI Group is a distributor of specialty ingredients to food, nutritional, and nutraceutical manufacturers in the Western United States and Canada.
"We are excited about our partnership with Z Trim," said Tim Ogles, President of SPI Group. "For over 40 years our focus has been on providing unique and functional ingredients to the food manufacturing industry. The Z Trim line fits well into our portfolio and provides manufacturers an innovative and cost effective solution to help improve their products. We look forward to working with Z Trim to extend their reach through our network of technical sales personnel and logistics expertise."
Unipex Soltions Canada, a leader in the distribution of active ingredients and specialty chemicals, offers a wide range of distinctive services and customized solutions throughout North America. Additionally, their sales force has technical expertise in key markets such as personal care, pharmaceutical, nutraceutical, and nutrition, as well as industrial specialties including lubricants, HI&I, and oil & gas.
"Unipex Solutions Canada Inc. is thrilled to be partnering with Z-Trim in Canada," said Sales Manager Lori O'Boyle. "Z-Trim's product is ideally suited to our customers looking for natural solutions, as well as functionality and cost savings; it is extremely versatile and will be particularly valuable to our bakery, dairy, meat, dressings and sauce customers. Unipex Solutions Canada's mission is bringing quality ingredients and creative solutions to clients. We only work with suppliers who are innovative, competitive and responsive to our customer's needs, and Z-Trim fits perfectly."
"These are two excellent companies," said Lynda Carroll, Z Trim's VP of Sales and Applications. "Their technical sales people understand Z Trim ingredients and how they can benefit manufacturers, and they have developed an extensive customer base to whom Z Trim products can immediately be introduced."
ABOUT Z TRIM®
Z Trim Holdings, Inc. (www.ztrim.com) is a bio-technology 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.
SOURCE Z Trim Holdings, Inc.