NutraCea Announces Licensing Agreement With NutraBio
posted on
Mar 07, 2012 07:00PM
Edit this title from the Fast Facts Section
SCOTTSDALE, AZ--(Marketwire -03/07/12)- NutraCea (OTCQB: NTRZ.PK - News) (Pinksheets: NTRZ.PK - News), a global leader in the production and marketing of value added products derived from rice bran, and NutraBio, the New Jersey-based FDA inspected and registered GMP manufacturer and online marketer of quality nutritional supplements, today announced a non-exclusive sales and marketing license agreement under which NutraBio will take over online consumer sales of NutraCea's RiSolubles™ & RiBalance™ products.
NutraCea CEO W. John Short stated, "We are pleased to enter into this agreement that will see our RiSolubles™ and RiBalance™ products sold online through Mark Glazier's NutraBio.com website. This arrangement will allow these highly nutrient dense products to continue to be available to the many people who have purchased directly from NutraCea in the past. In addition, as NutraBio takes over our online business-to-consumer sales, NutraCea will be better able to focus our resources on business-to-business activities."
Mark Glazier, founder and CEO of NutraBio commented, "We are excited to be working with the team at NutraCea to add these highly nutritious rice bran based products to our current offering. We believe they add another dimension to the strong lineup of healthy supplements we provide through NutraBio.com."
Both RiSolubles™ and RiBalance™, derived from NutraCea's stabilized rice bran (RiBran™), are highly nutrient dense foods that support overall health and fitness. Rich in antioxidants, co-factors and essential fatty acids, RiSolubles™ supports a healthy lifestyle. RiBalance™ naturally enriches a gluten free diet with necessary nutritional benefits to maintain overall health. These ingredients provide a nutritious bioavailable source of protein, phytonutrients, phytosterols and other essential nutrients.
On March 9, 2012 NutraCea will close its nutraceaonline.com store and redirect its loyal customers to NutraBio.com. For further information and to purchase RiSolubles™ and RiBalance™ please visit: http://www.nutrabio.com/Products/nutracea.htm.
http://finance.yahoo.com/news/nutracea-announces-licensing-agreement-nutrabio-210000952.html