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    DGAP-News Burcon NutraScience Corp.: BURCON UPDATES ON PEAZAZZ(TM) DISCUSSIONS

    Nachrichtenquelle: EQS Group AG
     |  24.04.2012, 11:25  |  446 Aufrufe  |   | 


    DGAP-News: Burcon NutraScience Corp. / Key word(s): Miscellaneous
    Burcon NutraScience Corp.: BURCON UPDATES ON PEAZAZZ(TM) DISCUSSIONS


    24.04.2012 / 11:25




    BURCON UPDATES ON PEAZAZZ(TM) DISCUSSIONS

    Vancouver, British Columbia, April 23, 2012- Burcon NutraScience
    Corporation (TSX - BU; NASDAQ - BUR) (´Burcon´) is pleased to provide an
    update on the partnering discussions for our Peazazz(TM) pea protein. As
    previously reported, Burcon has been in discussions with a potential
    partner to commercialize Burcon´s Peazazz(TM) pea protein technology.
    Discussions and due diligence with this party are ongoing, however, the
    period of exclusivity has now lapsed.  Burcon continues to receive interest
    for its invisible pea protein and will consider various routes-to-market.

    Burcon´s Peazazz(TM) is a uniquely soluble and clean-tasting pea protein
    isolate.  It is 100% soluble, transparent and heat stable in low pH
    solutions.

    ´We are pleased with the level of interest we have received for our
    Peazazz(TM) pea protein isolate, ´ said Johann F. Tergesen, president and
    chief operating officer, adding, ´We will explore a variety of partnering
    opportunities for commercialization of this exciting product.´

    About Burcon NutraScience
    Burcon is a leader in nutrition, health and wellness in the field of
    functional, renewable plant proteins. Since 1999, Burcon has developed a
    portfolio of composition, application, and process patents originating from
    our core protein extraction and purification technology.  We have developed
    CLARISOY(TM) soy protein, the only vegetable-based protein that offers
    clarity and complete protein nutrition for low pH beverage systems;
    Peazazz(TM) a uniquely soluble and clean-tasting pea protein isolate and
    Puratein(R), Supertein(TM) and Nutratein(TM) canola protein isolates with
    unique functional and nutritional attributes.  Our team of highly
    specialized scientists and engineers work from our private research
    facility to develop and optimize environmentally sound technologies.
    To-date, our patent portfolio consists of 186 issued patents in various
    countries, including 33 issued U.S. patents, and in excess of 350
    additional pending patent applications, 70 of which are U.S. patent
    applications.

    CLARISOY(TM) is under license to the Archer Daniels Midland Company.
    CLARISOY(TM) is a trademark of Archer Daniels Midland Company.  

    ###

    ON BEHALF OF THE BOARD OF DIRECTORS
    ´Johann F. Tergesen´
    Johann F. Tergesen
    President and Chief Operating Officer

    The TSX has not reviewed and does not accept responsibility for the
    adequacy of the content of the information contained herein. This press
    release contains forward-looking statements that involve risks and
    uncertainties. These forward-looking statements relate to, among other
    things, plans and timing for the introduction or enhancement of our
    products, statements about future market conditions, supply and demand
    conditions, and other expectations, intentions and plans contained in this
    press release that are not historical fact. Our expectations regarding the
    prospect for future success depend upon our ability to develop and sell
    products, which we do not produce today and cannot be sold without further
    research and development. When used in this press release, the words
    ´goal´, ´intend´, ´believes´ and ´potential´ and similar expressions,
    generally identify forward-looking statements. These statements reflect our
    current expectations. They are subject to a number of risks and
    uncertainties. In light of the many risks and uncertainties surrounding the
    development of a source of protein from canola meal, you should understand
    that we cannot assure you that the forward looking statements contained in
    this press release will be realized.

    For more information, please contact:
    Michael Kirwan, Director, Corporate Development
    Burcon NutraScience Corporation
    (604) 733-0896 / (888) 408-7960 toll-free
    mkirwan@burcon.ca www.burcon.ca

    End of Corporate News




    24.04.2012 Dissemination of a Corporate News, transmitted by DGAP - a
    company of EquityStory AG.
    The issuer is solely responsible for the content of this announcement.

    DGAP´s Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de




    166310 24.04.2012  

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