Solarvest BioEnergy Inc.
TSX VENTURE : SVS

Solarvest BioEnergy Inc.

September 15, 2015 08:00 ET

Solarvest's Nanuq™ Organic Omega-3 Receives FDA Approval

MONTAGUE, PRINCE EDWARD ISLAND--(Marketwired - Sept. 15, 2015) - SOLARVEST BIOENERGY INC. (TSX VENTURE:SVS) ("Solarvest") has achieved another important milestone in the commercialization of our unique 'Nanuq™' brand Omega-3 products. The U.S. Food and Drug Administration (FDA) has issued a notification allowing the sale of Solarvest's Organic Omega3 product(s).

The Nanuq™ Omega3 dietary ingredient is first product of its type allowed in the USA - a whole food nutraceutical.

Omega-3's are most consumed supplement in the world

The global Omega-3 market, approximately $11 billion in 2011, is growing dramatically and is expected to finish 2015 at $15 billion with $7 billion in sales in the USA. Research has shown that consumption of EPA and DHA Omega-3 fatty acids may reduce the risk of coronary heart disease, and may have numerous other health benefits.

Allowed Claim for Nanuq Products

The Nanuq™ brand Omega-3's are the first whole food nutraceutical and the first organic Omega-3 high in DHA. Solarvest products will be available in fruit, vegetable and natural flavors in adult and children concentrations.

"This FDA notification opens up an important market for our Nanuq™ Omega3 and represents a significant future revenue stream for Solarvest," said CEO, Gerri Greenham.

Problems with current Omega-3 supply

The majority of the marine Omega-3 market is supplied by fish oil with some krill and algae products available. Solarvest's Nanuq™ Omega3 is unique because the company has developed an organic growing process that produces the product without the GMO's or chemicals often found in other products.

About Solarvest:

Solarvest is an algae technology company that owns numerous key patents and whose algal-based production platform provides it with an extremely flexible production system. The Company's wholly owned subsidiary, Solarvest PEI, has developed a patented process to produce the world's first organic Omega-3 using algae, to help meet the multi-billion dollar global Omega-3 market. The Solarvest system utilizes a natural process growing the algae under closely controlled conditions ensuring that the health product(s) produced have none of the environmental contaminants found in our oceans. Organic certification provides assurance that the product(s) is GMO free, sustainable, produced without chemicals and, being algae, supports vegetarian and vegan diets. Solarvest's licensed Organic Omega-3 products will offer the consumer a healthy and sustainable product choice.

The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The statements made in this news release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from Solarvest's expectations and projections.

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