Z Trim Holdings Grows Customer Base
MUNDELEIN, Ill., Sept. 18, 2012 /PRNewswire/ — Z Trim Holdings, Inc. (OTC Markets: ZTHO), a bio-technology company providing value-added ingredients to a variety of industries, today announced that it has increased its customer base by close to 50% since January 1, 2012, including Essex Grain Products, Inc., a U.S. Distributor and Innohealth International Ent., Ltd, a Taiwan Distributor.
Since, July 1, 2012, new customers have accounted for 44% of total sales.
Luke Pallante, President of Essex Grain, stated, “The great thing about Z-Trim is that it crosses so many product categories from a functionality standpoint. This gives our varied customer base a lot of options to reduce costs with one replacement ingredient. As a distributor, it’s important to have a product that is so unique and versatile.”
Joseph Hsieh, General Manager of Innohealth, stated, “Our R&D team has tested the use of Z-Trim Corn and Oat in bakery and yogurt, and the results turned out to be really good. Z-Trim not only improved the texture and taste, but also the water-binding capacity and the storage quality improved the finished products.”
“We have been able to prove to these customers the value that Z Trim ingredients provide,” said Lynda Carroll, Z Trim VP of Sales and Applications. “The more the word gets out about Z Trim ingredients, the more business we expect to accumulate. Our distributor partners allow us to expand our sales force into new territories with minimal expense.”
ABOUT Z TRIM®
Z Trim Holdings, Inc. (www.ztrim.com) is a bio-technology company that owns existing, and has developed new, products and processes to make use of biomass for uses in the food and industrial markets. The Company’s food division currently sells a line of products to the food industry that can help food manufacturers reduce their costs and help them solve many production problems. The Company’s revolutionary technology provides value-added ingredients across virtually all food industry categories. The Company’s all-natural products, among other things, help to reduce fat and calories, add fiber, provide shelf-stability, prevent oil migration, and add binding capacity – all without degrading the taste and texture of the final food products. Perhaps most significantly, Z Trim’s products can help extend finished products, and thereby increase its customers’ gross margins. The Company’s industrial division, opened in 2012, plans to sell eco-friendly ingredients to oil drilling, hydraulic fracturing, petroleum coke, steel/aluminum, paper and other industries. The Company’s industrial ingredients are highly functional in applications for adhesives, binders, viscofiers and emulsifiers.
Forward-Looking Statements and Risk Factors
Certain statements in this press release are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve a number of risks, uncertainties and other factors that could cause actual results, performance or achievements of Z Trim Holdings to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Other factors, which could materially affect such forward-looking statements, can be found in our filings with the Securities and Exchange Commission at www.sec.gov, including risk factors relating to our history of operating losses, that our auditors have expressed substantial doubt regarding our ability to continue as a going concern, the fact that we may dilute existing shareholders through additional stock issuances, and our reliance on our intellectual property. Investors, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
Media: Investor Relations: Angela Strickland Thomas Wagner +1-847-549-6002 Legend Securities, Inc. firstname.lastname@example.org +1-718-233-2627 John Columbia Legend Securities, Inc. +1-718-233-2677
SOURCE Z Trim Holdings, Inc.