Tekcapital plc MicroSalt expand Placement Low Sodium Salt Shakers
09 Janvier 2024 - 8:00AM
RNS Non-Regulatory
TIDMTEK
Tekcapital plc
09 January 2024
9 January 2024
Tekcapital Plc
("Tekcapital", the "Company" or "the Group")
MicroSalt(R) expands placement of its Low Sodium Salt
Shakers
in the UK with Amazon and Reliable Express
Tekcapital Plc (AIM: TEK) the UK intellectual property
investment group focused on creating valuable products that can
improve people's lives, is pleased to announce that MicroSalt Inc
continues the successful expansion of its low sodium solutions with
the introduction of MicroSalt shakers on Amazon UK.
To facilitate this regional expansion, local distribution within
the UK has been established with Reliable Express in Southampton.
This also includes storage and distribution of our bulk packed
products to meet the B2B market demand in the food distribution and
manufacturing channels within the UK and EU markets.
"Inclusion of our low sodium solutions on the Amazon shopping
platform is key to our efforts to make MicroSalt readily available
to meet the demand of our B2C customers. Additionally, our
partnership with Reliable Express in the UK is a vital piece of our
growing distribution network as it will allow us to reliably and
efficiently service food manufacturing channels in both the UK and
EU. Excess sodium consumption is one of the leading contributors to
hypertension and heart disease. Now MicroSalt will be available to
help consumers in the UK and Europe enjoy great tasting, healthy
products with less sodium," said Rick Guiney, CEO of
MicroSalt(R).
MicroSalt continues to make on-boarding progress with several
large UK food companies for inclusion of Microsalt(R) as an
ingredient in their products. We will provide future updates in due
course.
About MicroSalt(R) plc
MicroSalt, is the developer and manufacturer of a proprietary
low-sodium salt called MicroSalt(R). We are passionate about
improving peoples' lives with better-for-you seasonings and snacks
by taking the lead in the industry by providing the best low-sodium
salt solution, based on the mechanical transformation of the salt
particle itself. This solution is the only one that delivers real
salt flavour because it is salt. Our new patented technology
produces salt crystals that are approximately one hundred times
smaller than typical table salt, delivering a powerful saltiness as
the micro-grains dissolve in the mouth, with approximately 50% less
sodium consumption. Additionally, the ultra-small particle size
enhances product adhesion, which reduces waste and provides
improved flavour consistency. MicroSalt(R) and SaltMe(R) are
registered trademarks of MicroSalt Inc.
To learn more about MicroSalt please visit
https://www.microsalt.co
Tekcapital owns approximately 87% of the share capital of
MicroSalt plc and 92% of MicroSalt Inc. its U.S. subsidiary.
About Tekcapital plc
Tekcapital creates value from investing in new,
university-developed discoveries that can enhance people's lives
and provides a range of technology transfer services to help
organisations evaluate and commercialise new technologies.
Tekcapital is quoted on the AIM market of the London Stock Exchange
(AIM: symbol TEK) and is headquartered in the UK. For more
information, please visit www.tekcapital.com .
LEI: 213800GOJTOV19FIFZ85
For further information, please contact:
Tekcapital Plc Via Flagstaff IR
Clifford M. Gross, Ph.D.
SP Angel Corporate Finance LLP (Nominated
Adviser and Broker) +44 (0) 20 3470 0470
Richard Morrison / Charlie Bouverat (Corporate
Finance)
Rob Rees (Corporate Broking)
Flagstaff Strategic and Investor Communications +44 (0)207 129
1474
Tim Thompson/Andrea Seymour/Fergus Mellon
This press release is for informational purposes only. The
information herein does not constitute investment advice nor an
offer to invest and may contain statements related to our future
business and financial performance and future events or
developments involving MicroSalt that may constitute
forward-looking statements. These statements may be identified by
words such as "expect," "look forward to," "anticipate" "intend,"
"plan," "believe," "seek," "estimate," "will," "project" or words
of similar meaning. We may also make forward-looking statements in
other reports, in presentations, in material delivered to
customers, stakeholders and in press releases. In addition, our
representatives may from time to time make oral forward-looking
statements. Such statements may be based on the current
expectations and certain assumptions of MicroSalt's and/or
Tekcapital's management. Please note that these are subject to a
number of risks, uncertainties and factors, including, but not
limited to those described in various disclosures. Should one or
more of these risks or uncertainties materialize, or should
underlying expectations not occur or assumptions prove incorrect,
actual results, performance or achievements of MicroSalt or
Tekcapital may vary materially from those described explicitly or
implicitly in the relevant forward-looking statement. Neither
MicroSalt nor Tekcapital intends, nor assumes any obligation, to
update or revise these forward-looking statements in light of
developments which differ from those anticipated.
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