VANCOUVER, Dec. 6, 2005 (Canada NewsWire via COMTEX) -- Burcon NutraScience Corporation (TSX-V: BU) announces today that it has been selected for inclusion in the "2005 TSX Venture 50" a ranking of the top 50 emerging public companies listed on the TSX Venture Exchange.
The criteria used to determine the TSX Venture 50 is based on a formula considering revenue, return on investment, market capitalization growth, and trading volume for the top ten companies in each of five industry sectors - mining, oil & gas, technology, life science and diversified industries - with the initial selection data being compiled as at August 31, 2005.
"We are pleased to have been selected for inclusion in the first ever TSX Venture 50," stated Johann F. Tergesen, Burcon's President & COO who added, "Burcon has benefited from its listing on the TSX Venture Exchange and supports the Exchange's initiative to increase awareness of its listed companies."
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.
ON BEHALF OF THE BOARD OF DIRECTORS "Johann F. Tergesen" Johann F. Tergesen President & Chief Operating Officer
The TSX Venture Exchange 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.