| September 13, 2012 Functional Technologies Announces Launch of Hydrogen Sulphide-Preventing Wine Yeasts for Commercial Sale in Canada, Positive Data from Independent Wineries | |||||
| Vancouver, BC - September 13, 2012 - Functional Technologies Corp. (TSXV:FEB; OTCQX:FEBTF) (the "Company") is pleased to report that its PhyterraTM-branded hydrogen sulphide (H2S)-preventing wine yeast strains are now commercially available in Canada. These strains, produced by selective breeding and screened for H2S-prevention as well as low SO2 production, have also undergone independent evaluations at wineries that have not only confirmed these features of PhyterraTM yeast strains but have also showed a consistent improvement in sensory characteristics (i.e. more pleasant and flavorful aromas and tastes) in wines produced with PhyterraTM yeast. The Company's proprietary H2S-preventing wine yeasts provide winemakers with a seamless solution to prevent and reduce the sensory defects (e.g. a distinct, noxious rotten-egg smell) associated with H2S, a gas naturally emitted as a byproduct of fermentation that represents a well-recognized, widespread industry problem and which can lead to a potential devaluation of wine. Functional Technologies' PhyterraTM portfolio of wine yeasts enable winemakers to prevent the problem from occurring, rather than resorting to remedial solutions that remove H2S after the wine has already been tainted in production. This in turn can provide winemakers and wineries with considerable time, labour and cost savings. "We are pleased to now be providing the Canadian marketplace with access to this exciting innovative product," said Howard Louie, the Company's Chief Business Development Officer. "Our H2S-preventing wine yeasts have received high praise from wineries of distinguished repute, numbering in the hundreds of producers in the U.S.A. as well as in Europe, during trial releases over the past two seasons." An initial three strains - Vivace, Allegra and Andante - are available for commercial purchase, now in Canada as well as the U.S., Europe, South America and upcoming in New Zealand, representing strains suitable for the production of a variety of red and white wines. These H2S-preventing yeast strains demonstrate confirmed normal winemaking characteristics including low to normal levels of SO2. In addition, independent evaluations conducted by commercial wineries and winemakers are confirming that wines produced by the Company's H2S-preventing wine yeasts are more fruity, floral, and balanced with very elegant and pleasant aromas compared to similar commercial strains available on the market. 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 carcinogen acrylamide, 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. For more information, please visit our website at www.functionaltechcorp.com. For further information, contact: Geoff Lee VP, Business Development Phone: +1.604.648.2200 Email: glee@functionaltechcorp.com NEITHER THE 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. To view release in PDF Format: | |||||
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