SOURCE: Fact Corp.

FACT Corp.

March 10, 2011 10:13 ET

FACT Launches New Product With Major Sale to China

Exclusive Interview on CEO Central Radio

NEPTUNE, NJ--(Marketwire - March 10, 2011) - FACT Corporation (OTCQB: FCTOA) (PINKSHEETS: FCTOA("FACT", "Company"), a food and culinary technology company (factfoods.com), is pleased to provide an update on the progress of its subsidiary FACT Products Inc. ("FACT Products"), operating in the natural products and supplements sector.

Focused on international markets, FACT Products formulates, develops and sells private label natural products and supplements ("NPS"), and distributes three distinct brands of supplements and functional foods through its strategic partnerships. FACT Products has recently completed its first six months of operations, and the successful launch of its 10th new item for international sales.

This week marks FACT Product's first major shipment to China, a unique whole-food based prenatal vitamin, developed in conjunction with its Chinese partner to service that growing market. This partnership gives FACT Products access to the online, health food and mass channels in the Chinese marketplace. FACT Products has three other products in development that it expects to launch in Q2 2011 in China, in addition to the branded line it already has under distribution.

With successful product launches now completed in Africa, Asia and Europe, FACT Products has proven its ability to add new distribution partners since the business' inception, and plans to add 8 new partners in 2011 as part of its strategic plan to exceed goals and expectations.

In addition, FACT Products has negotiated a contract that will give it access to the Korean big box channel on a large scale, by providing various private label NPS products through its strategic partnership there. It is expected that this business will begin to take shape in Q2 2011.

Bryan Hunsaker, President of FACT Products, stated, "we are a nimble operation that has proven its ability to develop, manufacture and launch quality products, quickly, while navigating the difficult international regulatory framework associated with this category of product. With 10 product launches to-date, multiple pipeline products and growing distribution network, we believe we are well positioned to grow substantially throughout 2011 and beyond."

An interview will be held on March 10th, 2011 at 8:00 pm EST, with FACT Corporation CEO Jacqueline Danforth, and can be heard at blogtalkradio.com/ceocentral. Our interactive question and answer session can be accessed from the main room at otcchat.com. An archived recorded version will also be available on the homepage of CEO Central at ceocentral.com, following the live interview.

About FACT Corporation

FACT has been engaged in the healthy lifestyle market since 2002. Our Nutrition First™ line of high fiber Deliciously Nutritious™ bake-at-home mixes is provided directly to the consumer through an expanding network of retail locations, targeting a rapidly-growing, increasingly-sophisticated marketplace focused on quality, taste and nutrition.We also address the needs of other market channels by providing private label product services, a line of mixes in bulk and wholesale package formats and developing and marketing customized nutrition solutions in the form of proprietary specialty bake mixes and goods for other commercial producers. The product range includes popularbaked goods that we all love to eat such as bagels, brownies, muffins, cookies, pancakes and waffles.

FACT, through its wholly owned subsidiary FACT Products Inc., is a growing presence in the private-label natural products and supplements (NPS) channel for distribution into international markets, with a planned launch of targeted products into North America during the first quarter of fiscal 2011.

For more information about FACT, its subsidiaries and products please visit www.factfoods.com. Detailed information on our Nutrition First™ product line is available at www.nutritionfirst.com.

FORWARD-LOOKING STATEMENTS

The statements contained herein regarding the intent, belief and current expectations of FACT Corporation are forward-looking statements that reflect numerous assumptions, risks and uncertainties, any of which may cause our actual future results to differ materially from those indicated in these statements, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that any of our forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking statements contained herein.

Contact Information

  • Investor inquiries:
    Premier Media Services Inc.
    Kelly Black
    President
    Office: 480.649.8224
    866.216.8814

    Sales inquiries:
    Scott Rounds
    Direct: 1-469-261-4004