SOURCE: RiceBran Technologies

RiceBran Technologies

March 21, 2013 08:00 ET

RiceBran Technologies to Launch Rice Bran Protein Ingredients

SCOTTSDALE, AZ--(Marketwire - Mar 21, 2013) - RiceBran Technologies (OTCQB: RIBT), a global leader in the production and marketing of value added products derived from rice bran, a highly sustainable rice milling byproduct, today announced plans to launch a new family of ingredients based on rice bran protein under the trademark PRORYZA™.

Over the past two years, RiceBran Technologies has co-developed technologies to extract and concentrate high value vegetable protein from rice bran. The PRORYZA™ rice bran protein ingredients will be produced using methods that require minimal processing and without the use of solvents, acids or bases thereby providing customers with natural ingredients.

Products to be commercialized under the PRORYZA™ brand will be natural, gluten-free, non-GMO, and hypoallergenic premium proteins. These rice bran protein ingredients will be produced at the company's Dillon, Montana Stage 2 manufacturing facility.

"As we continually strive to expand the company's offering of rice bran ingredients and derivatives, we are excited to introduce our new line of rice bran protein products under the PRORYZA™ name," said Robert Smith, PhD, SVP - Business Development at RiceBran Technologies. "Our rice bran protein products provide natural, allergen-free options for enriching foods and beverages with a high quality vegetable protein with superior flavor and nutritional profiles."

First to market in the PRORYZA™ portfolio of rice bran protein products will be PRORYZA™ P-35, a 35% water-dispersible rice bran protein extract suitable for beverage applications. This will be followed by PRORYZA™ PF-20/50, a 20% rice bran protein and 50% insoluble rice bran dietary fiber product that will initially be targeted to the natural health food industry as a premium rice bran protein and fiber ingredient.

For more information on PRORYZA™ rice bran protein products, please contact Colin Garner, SVP - Sales cgarner@ricebrantech.com or Dr. Robert Smith, SVP - Business Development rsmith@ricebrantech.com.

Forward-Looking Statements

This release may contain forward-looking statements, including but not limited to statements made with respect to the launch of the PRORYZA™ portfolio of products. 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. RiceBran 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.ricebrantechnologies.com.