FACT Corporation Announces Shareholder Update.NEPTUNE Neptune, in Roman religion and mythology Neptune, in Roman religion and mythology, god of water. He was presumably an indigenous god of fertility, but in later times he was identified with the Greek Poseidon, god of the sea. , N.J. -- FACT Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FCTOA), a specialty provider of multi-functional ingredients to the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. baked-goods industry, today announced a shareholder update with respect to current corporate activities as well as anticipated events for the balance of 2008 and into early 2009. FACT CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Jacqueline Danforth stated, "Although we've been quiet on the news front for an extended period, it's been a busy time at FACT this past summer. Along with ongoing product optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. efforts, we have been working diligently dil·i·gent adj. Marked by persevering, painstaking effort. See Synonyms at busy. [Middle English, from Old French, from Latin d on new product lines for introduction to our commercial clients before year-end 2008." "Product lines presently under development include improved commercial mixes for shelf-stable, reduced-sugar/high-fiber baked goods, such as muffins and cookies, as well as pancakes, waffles and scones. We're also unveiling exciting new flavor profiles for certain of our current product lines, and we expect to see some of these new items on the market before the end of the year." "As to our program for fiscal 2009, we have some very exciting announcements planned for the coming weeks." Danforth added. "The groundwork has been laid this summer for an entirely new category of products for launch during fiscal 2009 under the FACT banner, and I look forward to introducing these items in more detail before the close of fiscal 2008. I am extremely enthusiastic about this new market opportunity, the new faces we expect to add to our management team, and most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent" above all, most especially , FACT's ability to provide products that support a healthy lifestyle to an important new market channel." About FACT Corporation FACT has been engaged in the healthy lifestyle market since 2002. Operating through our wholly-owned subsidiary, Food & Culinary cu·li·nar·y adj. Of or relating to a kitchen or to cookery. [Latin cul n Technology Group Inc., we develop and market customized nutrition
solutions created specifically for the North American baked-goods
industry. Our core products are proprietary specialty bake mixes, which
we sell to commercial producers who use large quantities of our mixes to
manufacture popular, health-friendly packaged baked goods. These items
target a rapidly-growing, increasingly-sophisticated consumer
marketplace focused on quality, taste and nutrition.
Our customers market their finished products (foods we all love to eat, such as bagels, brownies, muffins and cookies) through both conventional and alternative distribution channels, including branded and private-label retail opportunities, as well as foodservice and specialty markets. For more information about FACT and its products, industry trends and functional foods, please visit www.factfoods.com. |
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