Business
Premier Foods Trial Timestrip
Premier Foods Trial Timestrip.
About this update from Time Finance Plc
[{"type":"text","content":"\n Timestrip PLC\n03 December 2007\n\n\nTIME.L\n\n Timestrip plc (the 'Company')\n\n Timestrip plc develops, manufactures and sells patented Timestrip smart labels\nwhich monitor how long perishable food and other limited life products have been\n open or in use.\n\n\n Premier Foods trial Timestrip with leading brand\n\nThe Company is delighted to announce that Premier Foods, the UK's biggest food\nproducer, has adopted Timestrip smart labels for use, on a trial basis, in\nconjunction with its iconic Branston Pickle brand.\n\nFrom mid-December, Timestrips will feature as an on-pack trial with jars of\nBranston Original sold by Tesco throughout the UK. Mounted on an innovative\nperforated neck collar, consumers will be able to activate the Timestrip upon\nfirst opening the jar, affix the Timestrip to the top of the lid and thereby\nmonitor for how long the jar has been open.\n\n\nReuben Isbitsky, Joint CEO of Timestrip plc, said: ' We are delighted to be\nworking with such a high profile brand as Branston, which currently sells over\n23 million jars a year and is bought by one in three households every year. We\nhope that the launch at Tesco will lead to wider opportunities with Premier and\nwe will provide updates on progress with this relationship in due course.'\n\nA Premier Foods spokesperson said: 'Premier prides itself on innovation and we\nare pleased to be the first company to trial this exciting technology in the UK\nretail food sector.'\n\n\nFor more information:\n\nPaul Freedman, Joint CEO, Timestrip plc 01462 440 700\n\nShane Dolan, Biddicks 020 7448 1000\n\nFergus Marcroft, Evolution Securities 020 7071 4300\n\n\nAbout Premier Foods\n\nPremier Foods is the UK's leading food producer, manufacturing some of the\ncountry's most popular foods including Hovis bread, Mr Kipling cakes, Sharwoods\nAsian foods, OXO stock cubes, Batchelors soups and noodles, Loyd Grossman\nsauces, Bisto gravy, Quorn meat-free products, Ambrosia custard and rice\npudding, Branston pickle and Hartley's jams and marmalades. Premier's top ten\nbrands alone have retail sales of over £1.1 billion.\n\nMore that 98% of all UK households contain one of Premier's branded food\nproducts. Premier has an annual group turnover of over £2.7 billion and employs\nalmost 20,000 people on more than 60 sites throughout the UK.\n\nPremier also manufactures an ex...