SOURCE: Global Food Technologies, Inc.

October 14, 2008 07:00 ET

iPura® Adds Shrimp to Its Product Launch

HANFORD, CA--(Marketwire - October 14, 2008) - Global Food Technologies ("GFT"), a California based bio-tech company specializing in food safety, today announced its first shrimp contract in Vietnam. The contract calls for installation of GFT's proprietary equipment in the FIMEX Vietnam processing facilities in Soc Trang, Vietnam during January 2009.

iPura, GFT's food safety brand marketed as "The Highest Standard in Food Safety," will enter the U.S. seafood market with Chinese tilapia, Chilean salmon and Vietnamese shrimp in the first quarter of next year.

Mrs. Duong Ngoc Kim, General Director of FIMEX Vietnam, stated, "FIMEX has long been one of the top producers of high quality shrimp products in Asia and this association with GFT and the iPura label will ensure that FIMEX not only maintains, but elevates that status."

Stan Bien, Director of GFT Operations SEAsia, said, "It is the goal of GFT to associate iPura with the highest quality seafood processors and the execution of this agreement with FIMEX is a great step towards achieving that goal."

FIMEX was established in 1996 in Soc Trang, Vietnam and is presently traded at the HCMC Securities Trading Floor under the symbol "FMC." FIMEX, winner of numerous quality awards, has the capacity to process forty metric tons of shrimp a day. Presently, FIMEX exports most of its finished product to high quality buyers in the U.S. and enjoys a favorable anti-dumping tariff.

GFT CEO Keith Meeks explained, "We have pioneered a daily on-site food safety service program with a unique 'boots on the ground' approach to initiate cleaner food at the foreign processing source. Anchored by our patented 'organic clean-step' technologies and system hardware, the iPura Food Safety and Quality Assurance Services Program protects food by implementing extraordinary science-based controls with the manpower to combat foodborne pathogens and to identify and prevent contaminants from entering the food supply. iPura makes food cleaner and safer without altering the seafood's natural taste, texture, color or nutritional value. For those who care most about safety, quality, value and sustainability, sourcing iPura labeled products is the right choice."

For more information please visit

Contact Information

  • Investor Relations Contact:
    Michael Shaw
    (559) 589-0100
    Email Contact