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06/26/2008
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NutraCea Signs Landmark Definitive Agreement With Bright Food Investment Co., a Subsidiary of Bright Foods Group, to Build World's Largest Rice Bran Oil Refinery
PLANT'S CAPACITY TO TOP $200 MILLION IN GROSS SALES ANNUALLY WHEN FULLY OPERATIONAL
BRIGHT FOODS GROUP IS THE LARGEST FOOD CONGLOMERATE IN CHINA
PHOENIX -- June 26, 2008 —NutraCea (OTC Bulletin Board: NTRZ), a world leader in stabilized rice bran (SRB), nutrient research and technology, today announced that it has signed a definitive agreement with the Bright Food Investment Group a subsidiary of Bright Food Group ("Bright"), China's largest food conglomerate to build the world's largest rice bran oil refinery. The new rice bran oil refinery will process an estimated 500,000 metric tons of raw rice bran annually to produce rice bran oil, new patent-pending defatted rice bran and stabilized rice bran, all of which will be used in a wide range of food applications.
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06/03/2008
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NutraCea Targets Meat Industry With Launch of RiBran Isolate™, a Cost-Effective, Nutritious Meat Enhancer Made from All-Natural Stabilized Rice Bran
Company Announces Sales of RiBran Isolate With New Distributor in Southeast Asia
- Newly-Released Independent White Paper Suggests that Stabilized Rice Bran has Potential to Replace Multiple Functional Ingredients in Select Processed Meat Products -
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05/22/2008
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NutraCea Announces USDA Approval of the
Use of Stabilized Rice Bran as an
"Enhancer" to Certain Meat Products
Independent Study Shows That Stabilized Rice Bran Added to Chicken Nuggets and Hot Dogs Provides Cost Savings, Better Yield and an Improved Nutritional Profile
PHOENIX -- May 22, 2008 -- —NutraCea (OTC Bulletin Board: NTRZ), a world leader in stabilized rice bran (SRB), nutrient research and technology, announced today that the Company has received approval from the Food Safety Inspection Service (FSIS), a subsidiary of the United States Department of Agriculture (USDA), to provide its SRB as an "enhancer” to food companies that prepare comminuted meat and poultry products. These products include meat and poultry sausages that contain binders, nugget-shaped patties, meatballs, meatloaf, and meat and poultry patties.
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05/14/2008
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NutraCea Announces Q1 2008 Financial Results
PHOENIX, May 12, 2008 /PRNewswire-FirstCall/ —NutraCea (OTC Bulletin Board: NTRZ), a world leader in stabilized rice bran (SRB), nutrient research and technology, today announced financial results for its first quarter ended March 31, 2008. Consolidated net revenues rose 155% to $5.1 million for the first quarter of 2008, compared to consolidated net revenues of $2.0 million for the first quarter of 2007. The $3.1 million increase was primarily due to a $860,000 increase in sales of products produced in the United States, an increase of $17,000 in royalty revenues and $2.2 million in sales from the Company's Irgovel subsidiary in Brazil for the period February 19, 2008, through March 31, 2008.
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