Functional Technologies Corp.
TSX VENTURE : FEB

Functional Technologies Corp.

April 05, 2012 17:07 ET

Functional Technologies Reports Management Change

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 5, 2012) - Functional Technologies Corp. (TSX VENTURE:FEB) (the "Company") reported that Mr. Kito Tosetti has departed from the Company, effective immediately. The Board of Directors thanks Mr. Tosetti for his efforts, and wishes him well in his future endeavors.

About Functional Technologies Corp.

Functional Technologies develops and commercializes proprietary, advanced yeast-based solutions to significant challenges in the food, beverage and healthcare industries. The Company's platform improves the performance of innate yeast functions, and prevents the formation of naturally occurring toxins and contaminants that either affect final product quality or are classified by the World Health Organization as probable human carcinogens. Functional Technologies' lead technologies include yeasts that prevent and reduce the formation of the foul-smelling hydrogen sulphide (H2S) and the carcinogens acrylamide and ethyl carbamate (more commonly known as urethane), by-products of food and beverage processing. These contaminants are found in many commonly consumed items, such as fermented food products and alcoholic beverages, and baked and fried foods. With a head office in Vancouver, Functional Technologies Corp. has R&D operations in Prince Edward Island and Europe, as well as a U.S. sales office in Napa Valley, California. For more information, please visit our website at www.functionaltechcorp.com.

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