FACT Corporation Delivers Second Order to New Jersey Bakery and Continues Development Work on Product Line Extensions
Posted on: Thursday, 23 March 2006, 12:00 CST
FACT Corporation (OTCBB:FCTOA), an emerging nutrition solutions company, today announced that it has fulfilled a second order in early March from a commercial bakery customer announced in late November of 2005. FACT anticipates securing a schedule for future product deliveries throughout 2006.
The NJ-based commercial bakery provides finished goods to a variety of food-industry clients in both conventional and specialty markets, with primary finished products consisting of muffins, cakes and doughnuts.
Products being manufactured with FACT's proprietary commercial dough mixes include baked breakfast goods exclusively provided to a prominent weight-loss company offering a variety of health-oriented menu items to its clientele.
"We expect that our new bakery customer will provide significant revenue growth for us in 2006," said Jacqueline Danforth, CEO of FACT Corporation. "With our combined technical and production expertise, we hope to develop and produce a selection of healthful bakery items that American consumers will love to eat. I am excited about our prospects for this year."
FACT has been testing several new products since the second half of 2005, together with the commercial bakery, for the weight-loss company and other clients. Testing is ongoing, with modifications underway to meet specific client needs. The Company expects to see one or more of these new items in production before this coming summer.
About FACT
FACT Corporation develops, licenses and markets proprietary nutrition solutions to commercial customers through its wholly-owned subsidiary, Food & Culinary Technology Group Inc. FACT Group Inc. serves commercial bakery operators that manufacture and distribute functional baked goods (such as muffins, bagels, cookies and brownies) designed for a rapidly-growing consumer marketplace focused on quality, taste and nutrition. These products are marketed via both conventional and alternative distribution channels, including branded and private-label retail opportunities, as well as foodservice and specialty markets.
For more information about FACT and its products, industry trends and functional foods, please visit www.factfoods.com.
Source: Business Wire
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