SCOTTSDALE, Ariz., Sept. 29, 2014 /PRNewswire/ -- RiceBran Technologies (NASDAQ: RIBT and RIBTW) (the "Company" or "RBT"), a global leader in the production and marketing of value added products derived from rice bran, today announced that its rice bran ingredients have passed an independent verification process from the Non-GMO Project and will now carry the Non-GMO Project Verified seal. This seal lets consumers and food manufacturers know that RBT's RiBran food ingredients come from rice that has not been genetically modified.
Janet Balson, Vice President of Compliance, Regulatory and External Affairs at RiceBran Technologies commented, "We are pleased to receive independent verification that our rice bran food ingredients are free of genetically modified organisms, and we have begun placing the Non-GMO Verified seal on our products. This is a significant milestone for our Company in that it highlights a major benefit of our nutrient dense rice bran products for customers and manufacturers looking to source food ingredients that are Non-GMO, free of known allergens, natural, minimally processed, vegetarian, vegan and derived from a renewable and sustainable sources."
The Non-GMO Project third-party verification program began in 2008 as an initiative of independent food retailers who were interested in providing their customers with more information regarding genetic modification of their products. The Non-GMO Project Verified seal means that a product has been produced according to rigorous best practices for GMO avoidance, including testing of risk ingredients. The program systematically provides for the evaluation of products, ingredients and manufacturing facilities to determine compliance with the Non-GMO Project Standard.
RBT's Non-GMO Verified ingredients are produced from rice grown and processed in California. The Company's Non-GMO Verified products are made from nutrient dense stabilized rice bran used extensively in diverse food applications including meats, pastas, cereals, baked goods, beverages and health foods.
About RiceBran Technologies
RiceBran Technologies is a human food ingredient and animal nutrition company focused on the procurement, bio-refining and marketing of numerous products derived from rice bran. Rice Bran Technologies has proprietary and patented intellectual property that allows us to convert rice bran, one of the world's most underutilized food sources, into a number of highly nutritious human food ingredient and animal nutrition products. Our target markets are human food ingredients and animal nutrition manufacturers and retailers, as well as natural food, functional food and nutraceutical supplement manufacturers and retailers, both domestically and internationally. More information can be found in our filings with the SEC and by visiting our website at www.ricebrantech.com.
Forward-Looking Statements
This release contains forward-looking statements, including, but not limited to, statements about RiceBran Technologies' expectations regarding (i) the adequacy of repairs and production rates at the Irgovel facility, (ii) its ability to complete repair of the Irgovel facility within expressed time periods, and (iii) its ability to seek and obtain remedies against the contractor allegedly responsible for the construction of the ash house and related facilities. These statements are made based upon current expectations that are subject to known and unknown risks and uncertainties. RiceBran Technologies does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information can be found in RiceBran Technologies' filings with the Securities and Exchange Commission, including its most recent periodic reports.
Investor Contact
Ascendant Partners, LLC
Fred Sommer
+1-732-410-9810
fred@ascendantpartnersllc.com
SOURCE RiceBran Technologies