VANCOUVER, May 20 -- Burcon NutraScience Corporation (TSX-VEN: BU) announced today that it has been selected as one of the finalists in the British Columbia Technology Industry Association's (BCTIA) annual awards celebrating excellence in technology.
Burcon has been selected as a finalist for the Most Promising Pre-Commercial Technology. The evaluation criteria for this award are as follows:
- Uniqueness of concept and contribution to advancing science
- Commercial feasibility & application of technology
- Value proposition & market need
- Third party validation, and
- Potential to succeed
"Burcon is honoured to be selected as a finalist for this prestigious award," stated Johann F. Tergesen, Burcon's President & COO. "The BC TIA is a dynamic organization striving to support BC's rapidly evolving high-tech sector in the global economy."
The BC TIA will play host to the Annual Awards Gala on June 8th, 2004. This premier event is expected to attract up to 1000 of the brightest lights in the high-tech industry. For more details see: www.bctia.org
About the BC TIA
As the largest and most influential association representing British Columbia's world-class technology industries, BC TIA is dedicated to fostering growth and development in the province's technology sector and member companies. Since its incorporation in 1993, the association has grown to over 450 member companies and is the hub of the new and growing technology sector in British Columbia. The technology sector, which currently employs over 45,000 people, and generates a multi-billion dollar annual revenue stream, is rapidly becoming BC's industrial leader of the 21st century.
About Burcon NutraScience
Burcon is a research and development company developing a portfolio of composition, application and process patents around its plant protein extraction and purification technology. The goal of Burcon's research is to develop its patented process to utilize inexpensive oilseed meals for the production of purified plant proteins that exhibit valuable nutritional, functional or nutraceutical profiles. Burcon, in conjunction with Archer Daniels Midland, is currently focusing its efforts on developing the world's first commercial canola proteins, Puratein(R) and Supertein(TM). Canola, recognized for its nutritional qualities, is the second-largest oilseed crop in the world after soybeans. Burcon's goal is to develop Puratein and Supertein to participate with soy, dairy and egg proteins in the expanding multi-billion-dollar protein ingredient market, with potential uses in prepared foods, nutritional supplements and personal care products.