Tekcapital plc H Mart Partners with MicroSalt
13 3월 2023 - 4:00PM
RNS Non-Regulatory
TIDMTEK
Tekcapital plc
13 March 2023
13 March 2023
Tekcapital Plc
("Tekcapital" or the "Group")
Portfolio Company Update: MicroSalt Ltd ("MicroSalt")
H Mart Partners with MicroSalt(R) to Deliver Low-Sodium Snacks
for its Consumers
Tekcapital Plc (AIM: TEK), (OTCQB: TEKCF) the UK intellectual
property investment group focused on creating valuable products
that can improve people's lives, is pleased to announce that
Hanahreum Group ("H Mart"), one of the fastest growing retailers in
United States has agreed to carry MicroSalt's SaltMe(R) branded
crisps.
H Mart is recognised as one of the fastest growing retailers by
the National Retail and Supermarket News and has listed H Mart as
one of the Top 50 Small Chains and Independents in the United
States & Canada.
MicroSalt(R) provides a much-needed option that allows food
manufacturers and consumers to cut the sodium content of their food
without impacting the flavor. With 31% of adults worldwide
suffering from high blood pressure and other cardiovascular
diseases - pressure is mounting around the globe to lower the
sodium content in prepared and packaged foods as well as in the
home.
"There are tens of millions of health-conscious Americans,
including those suffering from high blood pressure and other
cardiovascular diseases who would certainly enjoy the full
saltiness of SaltMe! potato chips with approximately half the
sodium found in traditional potato chips," said MicroSalt's CEO
Rick Guiney.
About H Mart
H Mart is the largest Asian supermarket chain in America.
Starting in 1982 with a single store in Woodside, Queens, H Mart
has grown to include more than 97 stores across the United States.
H Mart is one of America's premier Asian food destinations and
provides groceries and everyday essential needs as well as upscale
products. H Mart offers a full line of Asian foods as well as a
broad range of Western groceries to complement its full scale
offering to that of a traditional supermarket. H Mart is also known
for its innovative new food halls which are an extension of over 30
years of providing eateries in its stores. To learn more about H
Mart please visit https://www.hmart.com/ .
About MicroSalt, Ltd
MicroSalt, is the developer and manufacturer of a proprietary
low-sodium salt called MicroSalt(R). We are passionate about
improving peoples lives with better-for-you seasonings and snacks
by taking the lead in the industry by providing the best low-sodium
salt solution, based on the mechanical transformation of the salt
particle itself. This solution is the only one that delivers real
salt flavour because it is salt. Our new patented technology
produces salt crystals that are approximately one hundred times
smaller than typical table salt, delivering a powerful saltiness as
the micro-grains dissolve in the mouth, with approximately 50% less
sodium consumption. Additionally, the ultra-small particle size
enhances product adhesion, which reduces waste and provides
improved flavor consistency. MicroSalt(R) and SaltMe(R) are
registered trademarks of MicroSalt Inc.
To learn more about MicroSalt please visit www.microsaltinc.com .
To learn more about SaltMe! snacks please visit www.saltme.com
Tekcapital owns 97% of the share capital of MicroSalt Ltd and
6,034,683 shares (78%) of MicroSalt Inc., its U.S. subsidiary.
About Tekcapital plc
Tekcapital creates value from investing in new,
university-developed discoveries that can enhance people's lives
and provides a range of technology transfer services to help
organisations evaluate and commercialise new technologies.
Tekcapital is quoted on the AIM Market of the London Stock Exchange
(AIM: symbol TEK) and is
headquartered in the UK. For more information, please visit www.tekcapital.com .
LEI: 213800GOJTOV19FIFZ85
For further information, please contact:
Tekcapital Plc Via Flagstaff IR
Clifford M. Gross, Ph.D.
SP Angel Corporate Finance LLP (Nominated
Adviser and Broker) +44 (0) 20 3470 0470
Richard Morrison / Charlie Bouverat (Corporate
Finance)
Rob Rees (Corporate Broking)
Flagstaff Strategic and Investor Communications
Tim Thompson/Andrea Seymour/Fergus Mellon
microsalt@flagstaffcomms.com +44 (0)207 129 1474
This press release is for informational purposes only. The
information herein does not constitute investment advice nor an
offer to invest and may contain statements related to our future
business and financial performance and future events or
developments involving MicroSalt and/or Tekcapital that may
constitute forward-looking statements. These statements may be
identified by words such as "expect," "look forward to,"
"anticipate" "intend," "plan," "believe," "seek," "estimate,"
"will," "project" or words of similar meaning. We may also make
forward-looking statements in other reports, in presentations, in
material delivered to customers, stakeholders and in press
releases. In addition, our representatives may from time to time
make oral forward-looking statements. Such statements may be based
on the current expectations and certain assumptions of MicroSalt
and/or Tekcapital's management. Please note that these are subject
to a number of risks, uncertainties and factors, including, but not
limited to those described in various disclosures. Should one or
more of these risks or uncertainties materialize, or should
underlying expectations not occur or assumptions prove incorrect,
actual results, performance or achievements of MicroSalt or
Tekcapital may vary materially from those described explicitly or
implicitly in the relevant forward-looking statement. Neither
MicroSalt nor Tekcapital intends, nor assumes any obligation, to
update or revise these forward-looking statements in light of
developments which differ from those anticipated.
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END
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