Business
MicroSalt expands U.S. retail presence
MicroSalt expands U.S. retail presence.
About this update from Tekcapital Plc
[{"type":"text","content":"\n\n\n17 May 2023\nTekcapital Plc\n(\"Tekcapital\" or the \"Group\")\nMicroSalt® expands the U.S. retail presence\nof its low-sodium, full-flavor products\n \nTekcapital 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 provide a commercial update from Microsalt Ltd (\"Microsalt\").\nMicroSalt Ltd continues with its successful sales expansion of both its SaltMe! crisps and MicroSalt saltshakers with new placements in over 400 additional U.S. retail stores including Brookshire Brothers, Pete's Fresh Market, Heinen's, Dick's Fresh Market, Zerbos, Better Health Market, Tdych's Marketplace, Associated Supermarkets and a number of other natural independent retailers across the country.\n\"We are proud of our efforts thus far to build product distribution as it underscores the retail need for full flavor, low-sodium products. These efforts are working in parallel with our efforts to provide low-sodium products for private-labeled retail brands. Excess sodium consumption is one of the leading contributors to hypertension, and partnerships like this are the best way to provide consumers with great tasting products with less sodium,\" said Rick Guiney, CEO of MicroSalt.\nAbout MicroSalt\nMicroSalt is dedicated to innovating food technology solutions that enable people to live longer, healthier and happier lives. Its patented low-sodium salt delivers natural salt with approximately 50% less sodium and may be used by both consumers and food manufacturers who wish to decrease the amount of sodium in their food. MicroSalt is 100% natural, non-GMO, gluten free, Kosher and contains no potassium chloride. To learn more about MicroSalt and MicroSalt® products, please visit www.microsalt.co.\n \nTekcapital owns 97% of the share capital of MicroSalt Ltd. and 6,034,683 shares (78%) of MicroSalt Inc., its U.S. subsidiary.\n \nAbout Tekcapital plc\nTekcapital 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 informat...