SOURCE: RiceBran Technologies

August 07, 2013 09:00 ET

RiceBran Technologies Provides Shareholders With an Update on the IFT Annual Meeting & Food Expo®

SCOTTSDALE, AZ--(Marketwired - Aug 7, 2013) - RiceBran Technologies (OTCQB: RIBT), a global leader in the production and marketing of value added products derived from rice bran, is today providing shareholders with an update on the Institute of Food Technologists Annual Meeting & Food Exhibition held on July 13-16, 2013 at McCormick Place in Chicago, IL.

In excess of 23,500 attendees passed through the doors to learn about new ingredients from over 1,171 exhibitors which represented a 10% increase in attendance over last year in Las Vegas. The RBT booth was constantly active with current and future customers and media press all taking the time to learn about a unique range of 'next generation nutrient dense food ingredients' derived from Stabilized Rice Bran. Colin Garner, Senior Vice President of Sales and Marketing commented, "The IFT Meeting & Expo is an excellent venue to meet and greet existing customers whilst attracting new ones, including high caliber distributors, to cover areas of the world that are not currently serviced with sales expertise for RiceBran Technologies' products."

The expo attracted 384 international exhibitors from 35 countries and presented a great opportunity to showcase technical information validating the functionality and the variety of uses of Stabilized Rice Bran, Defatted Rice Bran and its derivatives. More than 100 educational sessions and 1,000+ poster sessions were presented. Dr. Gitanjali (Gits) Prabhu, Senior Partner, PHD Technologies presented "Use of RiceBran Technologies SRB product as a Mustard Replacer or Meat Replacer in Comminuted Meat Products" using RiBran 100. These poster sessions provide information on the latest developments and trends in food science for research and development teams responsible for bringing new product concepts to market.

RiceBran Technologies' trade booth and sales and marketing collateral focused on the following market segments: Gluten Free; Whole Grain; Emulsified Meats; Reduce Oil Uptake.

Two new Proryza™ products were launched at the expo, which highlight RBT's entries into the vegetable protein market using sustainable Stabilized Rice Bran. Proryza™ P-35 Rice Bran Protein is a minimally processed, great tasting, dispersible, hypoallergenic protein and carbohydrate extract of rice bran with typical vales of 35% protein and is ideal for the beverage and fortified meal markets. Proryza™ PF-20/50 Rice Bran Protein and Fiber is a protein and dietary fiber extract of rice bran with typical values of 20% protein and 50% dietary fiber and is ideal for breakfast cereals, nutrition bars and other health products. Proryza™ products are all natural, non-GMO, hypoallergenic, gluten free, trans fat free, cholesterol free, vegan and made in the U.S. from California grown rice.

Dr. Robert Smith, Senior Vice President of Business Development stated, "We were delighted with the positive response to the Proryza™ products. We look forward to working with food scientists to integrate our Proryza™ ingredients into their products as they continue to seek new and unique vegetable protein sources with label friendly attributes."

For further information on RiceBran Technologies or its products, please contact customer service at (888) 757-7731 or online at www.RiceBranTech.com.

Forward-Looking Statements
This release may contain forward-looking statements. These statements are made based upon current expectations that are subject to known and unknown risks and uncertainties. The Company 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 the Company's most recent periodic reports.

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 the Company's filings with the SEC and by visiting our website at www.ricebrantech.com.