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15
February 2024
MicroSalt
Plc
("MicroSalt" or the "Company")
MicroSalt® Announces Export
Collaboration with American Trading International
MicroSalt plc, a company
commercialising a patented technology to produce full-flavour,
low-sodium salt for food manufacturers and consumers, is pleased to
announce a marketing and export collaboration with American Trading
International ("ATI"). This collaboration will help implement the
Company's global low sodium strategic plan and in particular its
direct-to-consumer strategy. ATI, a leading US food and beverage
export company representing a multitude of worldwide brands and
products, brings extensive global market knowledge to the
collaboration.
Inclusion in the ATI portfolio has
the potential to make MicroSalt's low sodium products available in
up to 80 countries globally. Through this partnership, MicroSalt
can now reach major new markets while facilitating achievable order
minimums for all customers. ATI's presence at key international
food trade shows will also enable MicroSalt to reach potential new
customers while minimising trade show marketing
expenses.
Rick Guiney, CEO of MicroSalt®, commented:
"This collaboration is vital in
making MicroSalt® accessible to everyone. Excessive sodium intake
is a major contributor to hypertension and heart disease both
domestically and abroad. ATI will enable us to offer international
consumers delicious, healthy products with reduced sodium levels
without impacting product flavour."
Seth Merrick Wilen, President & CEO at ATI,
commented:
"With a heavy focus on
better-for-you US foods and beverages, we are thrilled to welcome
MicroSalt® into our selective product portfolio. Their undeniable
health benefits directly address global concerns about excessive
sodium, aligning with various countries' initiatives to enforce
lower sodium levels in the food industry, and live a healthy,
balanced, lifestyle."
About ATI
www.american-trading.com
ATI is a California-based export
trading company with 28 years of experience servicing the needs of
importers and retailers in over 80 countries and markets
worldwide. With a philosophy deeply rooted
in extensive market knowledge and personal relationships, the
objectives of all the business entities involved are always
carefully evaluated in order to execute flawless and profitable
transactions.
Through comprehensive business
relationships worldwide, varying from shipping logistics to trade
finance and marketing support, ATI has developed unparalleled
networking capabilities for profitable international business.
These established associations are invaluable assets for the
promotion of trade and international business.
For
more information, please visit MicroSalt's
website, follow on X
@MicroSaltPLC
or
contact:
MicroSalt plc
|
Via Flagstaff PR
|
Rick Guiney, CEO
|
|
|
|
Flagstaff PR (Financial
PR/IR)
|
+44 (0)20 7129 1474
|
Tim Thompson / Alison Allfrey / Anna
Probert
|
|
Notes to Editors
MicroSalt® produces a patented
full-flavour, low-sodium salt for food manufacturers and
consumers.
MicroSalt is a major potential
disruptor in the food market, thanks to its micron sized particles
which deliver the same sense of saltiness to a wide range of foods
but with approximately 50% less sodium. Excess sodium consumption
is a significant contributor to cardiovascular disease and
MicroSalt's solution meets the rising demand for healthier
alternatives to traditional salt. The WHO
has set a target for reducing global sodium intake by 30% by 2025,
which it estimates will save 7 million lives by 2030.
Each year, cardiovascular disease
costs the UK £19 billion - if the average salt intake was reduced
by one gram per day, it has been estimated that 4,147 lives and
£288 million would be saved each year in the UK. As a nation, the
UK consumes 183 million kilograms of salt each year, and 70 per
cent. of the typical person's sodium intake is hidden in processed
foods.
Operational since 2018, MicroSalt
uses a patent-protected technology which helps create high barriers
to entry within the reduced-sodium salt market.
The Directors believe that MicroSalt
is well positioned to capture growth in the low sodium market,
which is expected to grow exponentially, and that there is also
scope to enter the larger salt market.
ENDS