RiceBran Technologies, a global leader in the production and marketing of value added products derived from rice bran, today announced that it has entered into a multi-year preferred supplier agreement to sell one of its proprietary Stage II products to a major US-based direct marketing company that promotes and sells nutritional and skin care products globally.
W. John Short, CEO & President of RiceBran Technologies commented, "The single ingredient covered by this agreement is produced in our Dillon, Montana plant using our patented processes. While this agreement is just a small first step with a large, global direct marketing company, it puts RiceBran Technologies on the approved vendor list and could help facilitate future sales of our other rice bran and rice bran derivative products."
Short continued, "Our Stage II rice bran derivative products continue to gain traction in the nutraceutical and functional food (NFF) markets. This positive customer response speaks directly to the quality and functionality of our hypoallergenic, gluten free, non-genetically modified, natural and minimally processed proprietary ingredients. We believe we are particularly well positioned to continue to gain market share in the healthy and natural food ingredient, nutritional supplement and functional food categories."
