Z Trim Holdings, manufacturer of multifunctional dietary fiber ingredients for the food industry, today announced a sales increase of over 40% in first quarter of 2010 over the same period last year. This increase represents the third consecutive quarter of sales growth, and the best quarter of the last four in terms of sales revenue.
The increase was consistent across the various food category industries served by Z Trim. The growth comes as manufacturers strive to find effective functional solutions to healthy emulsification, stabilization, texture and fat replacement challenges in applications related to in dressings and sauces, baked items, dry mixes, meats, prepared meals and fat deflection in fried foods.
"We plan to steadily accelerate this growth trend as we remove production constraints by investing in physical plant upgrades," said Steve Cohen, CEO of Z Trim Holdings, Inc. "Our goal is to assure we meet the production volume to satisfy the growing global demand for our products."
ABOUT Z TRIM(R)
Z Trim Holdings, Incorporated, http://www.ztrim.com, deploys technology, formulation, and product performance solutions built around cutting edge multifunctional dietary fibers for both domestic and international food markets. Made from either corn bran or oat hulls, Z Trim(R) fiber ingredients contribute multifunctional attributes for food product design and processing, including moisture management, texture and appearance quality, fat and calorie reduction, clean labeling, and cost-control. Z Trim(R) can provide enhanced eating quality, outstanding product performance, and frequently, improved nutritional profiles in meats, sauces, dressings, microwaveable hand-held snacks, baked goods, fillings, toppings, prepared meals, ice cream, cream cheese, dips, and many other food products.
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.