PURE Bioscience Announces Licensing and Distribution Agreement With Brazilian Distributors for SDC Antibacterial Product
01 Marzo 2007 - 7:00AM
PR Newswire (US)
SAN DIEGO, March 1 /PRNewswire-FirstCall/ -- PURE Bioscience
(OTC:PURE) (BULLETIN BOARD: PURE) today announced it has granted a
license to market and sell its silver dihydrogen citrate
(SDC)-based products in Brazil to privately held Life Biociencias
S/A of Apucarana, Parana in Brazil (Lifebio) together in a joint
venture with privately held PCI International, Inc. of Lafayette,
Louisiana (PCI). (Logo:
http://www.newscom.com/cgi-bin/prnh/20060119/LATH060LOGO) Under the
terms of the Supply, Distribution and License Agreement, PURE will
sell concentrate to Lifebio/PCI for blending, packaging, and
distribution of non-pharmaceutical SDC-based antimicrobial
products. Lifebio/PCI will actively market products based upon or
containing PURE's SDC antimicrobial for use in household,
institutional, industrial, agricultural and food processing
products and applications. In addition, Lifebio/PCI will assume
compliance responsibility for all regulatory and legal requirements
by Brazilian national, state and local governments. Specific
financial terms of the multi- year contract were not disclosed. L.
Felippe C. De Castro, President and CEO of PCI stated, "We are
extremely excited about this new venture with PURE Bioscience, and
we strongly believe SDC will replace many toxic chemicals in
multiple markets. SDC sets a new benchmark for efficacy and safety,
and we think it will be the standard for many years to come."
Lifebio is one member of the Grupo Sacchelli conglomerate. Several
other companies owned by Grupo Sacchelli intend to incorporate SDC
into their processes and/or products. Dr. Nilson Umberto Sacchelli
Ribeiro, a Director of Grupo Sacchelli, added, "We have established
joint development programs with Ministries of Health and
Agriculture to conduct research and develop SDC-based products for
use in healthcare as well as for use in farming and ranching and in
food processing, packaging and distribution." Ribeiro continued,
"Our early marketing efforts for SDC-based disinfectant target
federal, state and municipal governments, hospitals, doctors'
offices and clinics and other institutional users. We also plan to
immediately present the technology to the food industry as a
superior food contact antimicrobial and preservative. Additionally,
we are currently exploring the use of SDC as an antimicrobial in
cooling towers. Marketing across the country of Brazil has begun,
and we have already converted approximately 25,000 square feet of a
100,000 square foot manufacturing facility to a state-of-the-art,
large capacity blending and packaging operation for SDC- based
products." Michael L. Krall, President and CEO of PURE Bioscience,
commented, "Given the accelerating adoption of SDC technology in US
applications, we are very excited about international interest in
SDC. Brazil, as the fifth largest country in the world in both area
and population, and the ninth largest economy, is a significant
market because of its diversity and sophistication of industries
and its recent implementation of progressive initiatives to protect
the environment. We are confident that we have chosen excellent
partners to commercialize our SDC technology in Brazil, and we are
looking forward to a mutually lucrative relationship." About PCI
International, Inc. PCI International, Inc. was established in 1981
as an international consulting, trading and government relations
firm, with highly specialized expertise in international trade and
economic development. PCI is always prepared to meet the industry's
changing needs and toughest challenges. PCI was formed to provide
substantial counsel in international trade opportunities, to
develop International projects and to pursue its clients best
interests in any given market and its government, specifically in
the country of Brazil. About Life Biociencias S/A Lifebio,
established solely to develop and promote silver dihydrogen citrate
as a platform technology in Brazil, is a company of Grupo
Sacchelli, also headquartered in Apucarana, Parana in Brazil. Other
companies under the Grupo Sacchelli umbrella include Agropecu�ria
Sacchelli, Alpes, Apucacouros, Europe Meat, Facnopar, K. Log, King
Meat Alimentos S/A, Lazio Cosm�ticos, Maceratti, Reines, SRM
America, SRM Transportadora, Tannery do Brasil S.A., Tenusa
Technologia, Grafinorte S.A., R�dio Nova 910 AM, Tribuna do Norte
and Tribuna 89.5 FM. About PURE Bioscience PURE Bioscience (PURE)
develops and markets technology-based bioscience products that
provide solutions to numerous global health challenges. PURE's
proprietary high efficacy/low toxicity bioscience technologies,
including its silver dihydrogen citrate-based antimicrobials
represent innovative advances in diverse markets and lead today's
global trend toward industry and consumer use of "green" products
while providing competitive advantages in efficacy and safety.
Patented silver dihydrogen citrate (SDC), is an electrolytically
generated source of stabilized ionic silver. SDC destroys bacteria
by disabling proteins and halting metabolic and reproductive
functions. SDC is colorless, odorless, tasteless, non-caustic and
formulates well with other compounds. As a platform technology, SDC
is distinguished from competitors in the marketplace because of its
superior efficacy, reduced toxicity and the inability of bacteria
to form a resistance to it. It also offers 24-hour residual
protection against standard indicator bacteria. PURE Bioscience,
headquartered in El Cajon, California, (San Diego metropolitan
area), was incorporated in 1992. For additional information on PURE
Bioscience, visit the Company's website: http://www.purebio.com/.
This press release includes statements that may constitute
"forward-looking" statements, usually containing the words
"believe", "estimate", "project", "expect" or similar expressions.
These statements are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements inherently involve risks and
uncertainties that could cause actual results to differ materially
from the forward-looking statements. Factors that would cause or
contribute to such differences include, but are not limited to,
acceptance of the Company's current and future products and
services in the marketplace, the ability of the Company to develop
effective new products and receive regulatory approvals of such
products, competitive factors, dependence upon third-party vendors,
and other risks detailed in the Company's periodic report filings
with the Securities and Exchange Commission. By making these
forward-looking statements, the Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release. Investor Contact: Terri MacInnis, Bibicoff &
Associates, Inc. 818-379-8500 Media Contact: Karen Sparks, Mentus
858-455-5500 x 275
http://www.newscom.com/cgi-bin/prnh/20060119/LATH060LOGO
http://photoarchive.ap.org/ DATASOURCE: PURE Bioscience CONTACT:
Investors, Terri MacInnis of Bibicoff & Associates, Inc.,
+1-818-379-8500, , or Media, Karen Sparks of Mentus,
+1-858-455-5500, ext. 275, both for PURE Bioscience Web site:
http://www.purebio.com/
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