MUNDELEIN, Ill., Aug. 7, 2014 /PRNewswire/ -- Z Trim Holdings, Inc. ("ZTH") (OTC Markets: ZTHO – News), an AgriTech company providing value-added, highly functional ingredients to a variety of industries, announced today the commercial launch of a food-grade, soluble dietary fiber ingredient called Biofiber Gum ("BFG"). BFG is a high quality emulsifier that not only has outstanding microencapsulation capabilities relative to leading gums, but can also supplement the delivery of essential dietary fiber. In addition, ZTH believes that BFG can offer important health benefits when added to foods.
"While the components of our BFG have been available at a very high price at lab scale, scientists have been working to develop large scale production capability at an economically feasible cost for over five decades without success," said Kyle Hanah, ZTH VP of Technology. "We are very pleased to announce to the food, pharmaceuticals and nutraceuticals industries that we have solved the issues that previously limited availability and that this very useful ingredient is now available in commercial quantities." Hanah added, "We have already filed several patents to protect the manufacturing process, composition of matter and applications of our BFG in conjunction with our partners at the USDA."
"This announcement is extremely significant to the evolution of our company as an AgriTech pioneer. We are excited about our continuing progress in the discovery and commercialization of new technologies and products that diversify our offerings while contributing to the betterment of public health. Along with our existing Z Trim insoluble fibers, which can hold up to 30 times their weight in water and maintain superior functionality under virtually any conditions, this BFG launch further broadens our portfolio of specialty ingredients that target the food industry and also boast an expanding array of industrial applications," said Z Trim CEO, Steve Cohen.
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 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.