COLUMBIA, Md., March 1, 2007 /PRNewswire-FirstCall via COMTEX/ -- DHA omega-3 innovator Martek Biosciences Corporation (MATK) announced today that Food Tech International has added life'sDHA(TM) to their already successful line of Veggie Patch(TM) All Natural California Veggie Burgers. The Veggie Patch(TM) line of vegetarian food selections offers consumers a variety of meatless and vegetable-based products with nutritional value. The new California Veggie Burgers will now feature 42 mg of vegetarian DHA omega-3, an omega-3 fatty acid important for brain, eye and heart health, along with other key nutrients for the health conscience consumer. Each package contains 16 burgers individually wrapped at approximately 1/4 lb. each. Currently available in the frozen food department at Costco Wholesale Food Markets, in their Southeast region, the new burgers are currently certified by the American Heart Association as a healthy heart food option.
"We are pleased to be partnering with FoodTech International by providing life'sDHA(TM) for their nutritious Veggie Patch(TM) California Veggie Burgers. These kosher burgers are a delicious and quick vegetarian option for today's busy but health conscious shopper," said Steve Dubin, Martek's CEO.
DHA omega-3 is a long chain omega-3 fatty acid that serves as a primary building block for the brain and the eye; it aids in both function and development for infants and children while continuing to support brain, eye and cardiovascular health throughout life. There is a large and growing body of scientific evidence demonstrating that people of all ages, from infants to aging adults, benefit from an adequate supply of DHA omega-3 in their diets. Several recent scientific reviews have noted the importance of DHA omega-3 in proper brain and eye function, and there are large clinical studies underway to evaluate its role in decreasing the prevalence of certain neurological disorders. Yet despite its importance, Americans have among the lowest dietary intake of DHA omega-3 in the world.
Martek's life'sDHA(TM) is unique in the market because it is derived from a sustainable and vegetarian source. Made from microalgae under tightly controlled manufacturing conditions, life'sDHA(TM) is free of oceanic contaminants that may be present in certain fish or fish oils. Microalgae are the only vegetarian source of DHA omega-3, the key omega-3 for brain development and function.
Based in New Haven, Connecticut, Veggie Patch(TM) (the brand name for FoodTech International's products) is making a big impact in the rapidly growing soy foods industry. Since it was founded in 1995, Veggie Patch (TM) has become the fastest growing company in the $300 million meat alternatives retail category. Featured prominently in produce aisles at leading supermarkets throughout the country, Veggie Patch is well positioned to appeal to American families wishing to make more healthful food choices. Veggie Patch's recipe for success is to offer America's favorite foods in familiar and attractive packaging, with delicious taste, making meatless foods "user- friendly."
Martek Biosciences Corporation (MATK) is a leader in the innovation and development of DHA omega-3 products that promote health and wellness through every stage of life. The Company produces life'sDHA(TM), a sustainable and vegetarian source of DHA omega-3, for use in foods, beverages, infant formula, and supplements, and ARA (arachidonic acid), an omega-6 fatty acid, for use in infant formula. For more information on Martek Biosciences, visit http://www.martek.com/.
Sections of this release contain forward-looking statements concerning, among other things, expectations regarding FoodTech International's Veggie Patch line(TM), customer acceptance of life'sDHA(TM), and widespread use of life'sDHA(TM). These statements are based upon numerous assumptions which Martek cannot control and involve risks and uncertainties that could cause actual results to differ. These statements should be understood in light of the risk factors set forth in the Company's filings with the Securities and Exchange Commission, including, but not limited to, the Company's Form 10-K for the fiscal year ended October 31, 2006 and other filed reports on Form 10- K, Form 10-K/A, Form 10-Q and Form 8-K.