Cyanotech's NatuRose Organic Natural Astaxanthin Approved in New Zealand for Use in Organic Salmon Feed.KAILUA-KONA, Hawaii--(BUSINESS WIRE)--Dec. 15, 1998--Cyanotech Corp. (Nasdaq/NM:CYAN), a leading producer of natural products from microalgae, Tuesday announced that its NatuRose Organic natural astaxanthin product has been approved in New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. for use as an ingredient in organic salmon feed. Astaxanthin is a red pigment used primarily in the aquaculture aquaculture, the raising and harvesting of fresh- and saltwater plants and animals. The most economically important form of aquaculture is fish farming, an industry that accounts for an ever increasing share of world fisheries production. industry to impart color to the flesh of pen-raised fish and shrimp. Cyanotech introduced natural astaxanthin, NatuRose, to the aquaculture and animal feed markets in 1997. It competes with synthetic astaxanthin (manufactured from petrochemicals) whose worldwide annual sales are estimated at more than $150 million. "New Zealand is the first of many countries where we hope to obtain organic certification Organic certification is a certification process for producers of organic food and other organic agricultural products. In general, any business directly involved in food production can be certified, including seed suppliers, farmers, food processors, retailers and restaurants. for NatuRose," said Dr. Todd Lorenz, scientific director. "These certifications should give Cyanotech's natural astaxanthin an important advantage over the petroleum-derived astaxanthin in the worldwide salmon feed industry as more and more consumers are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. organically grown fish products." Cyanotech produces high-value natural products from microalgae. The company's products include Spirulina spirulina Any cyanobacteria in the genus Spirulina. A traditional food source in parts of Africa and Mexico, spirulina is an exceptionally rich source of vitamins, minerals, and protein, and one of the few nonanimal sources of vitamin B12. Pacifica, a nutrient-rich dietary supplement; NatuRose, a natural astaxanthin product used in the worldwide aquaculture industry; and phycobiliproteins, which are fluorescent pigments used in the immunological diagnostics market. The company is also developing microalgae-based products for the biopesticide markets and, through an exclusive license agreement with The Scripps Research Institute, a patented aldolase aldolase /al·do·lase/ (al´do-las) 1. aldehyde-lyase. 2. an enzyme that acts as a catalyst in the production of dihydroxyacetone phosphate and glyceraldehyde phosphate from fructose 1,6-bisphosphate. catalytic antibody with potential applications in industrial synthesis for the manufacture of pharmaceuticals, fine chemicals and agricultural products. It is the only microalgae company in the world to have an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9002 Registered Quality System. Additional company and product information is available on Cyanotech's World Wide Web site at www.cyanotech.com. |
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