JACKSONVILLE, Fla., Aug. 6, 2013 (GLOBE NEWSWIRE) -- Stakool, Inc. (OTCQB:STKO), a developer of health and wellness products, announced strategic plans for entry into the High Pressure Food Processing market, while unveiling new consumer products division.
At the center of the Company's new strategy is the High Pressure Processing (HPP) market. High Pressure Processing (HPP) is a rapidly growing method of food processing where food is subjected to elevated pressures (up to 87,000 pounds per square inch or approximately 6,000 atmospheres), without the addition of heat, to achieve microbial inactivation or to alter the food attributes in order to achieve consumer-desired qualities. Pressure inactivates most vegetative bacteria at pressures above 60,000 pounds per square inch.
Advantages of High Pressure Processing (HPP)
- HPP Retains Food Quality
- Maintains Natural Freshness
- Extends Microbiological Shelf Life
- Alternative Technology to Pasteurization
HPP has shown to reduce bacteria such as Listeria, E.coli, and Salmonella in packaged refrigerated products as diverse as ready-to-eat meats and raw ground beef and poultry; fresh fruits, juices, and smoothies; soups, wet salads, and sauces; and seafood and shellfish.
Enters into a Letter of Intent
Stakool has entered into a Letter of Intent (LOI) with one of the top high pressure processors in the US. The Company is currently doing approximately $5 million in annual revenues, with an upward capacity for up to $12 to $15 million annually.
Kevin Quirk, the President and CEO of Stakool, Inc. commented, "The $30 billion health & Wellness food category is the fastest growing category in consumer goods made up of hundreds maybe thousands of local companies each exploiting a niche. However, there are still too many people who do not have access to affordable nutritional options. High Pressure Processing can change that allowing us to boost food safety, extend shelf-life and improve margins, while providing all consumers with fresh, wholesome, natural food at an affordable price. It is our goal to become the largest holder of HPP capacity in the country."
Mr. Quirk commented, "We are extremely excited about this strategic move into the high pressure processing market. Although not unusual when dealing with a company with a large 'blue chip' customer base, out of respect for our new partner we are withholding the name of the company at this time pending final approval from the company, and their customers."
Once approved, further details on this pending acquisition will be disclosed in a subsequent release, with any definitive or final agreement being filed in an 8K filing with the SEC upon completion of proper due diligence.
Consumer Products Division
The Company also announces the development of a Consumer Products Group (CPG), or division, which will deploy products and brands that will benefit from the HPP technology. The Company will be staffing this new division with experienced CPG executives who know how to build consumer brands in multiple channels. While HPP will be the enabling technology, the Company believes the Consumer Products Group will provide unlimited growth opportunities as it folds in small all-natural and organics brands into the company.
Mr. Quirk added, "The Company's strategic goal going forward will be to acquire well positioned health and natural food brands, run them through our HPP technology, and extend their product shelf-life tenfold which could be the difference between a local $1 million to a national $10 million plus business. Once established through our extensive marketing and branding campaigns, these companies could represent significant asset growth, or could be spun-off or sold to private equity investors for increased shareholder value. That is how we become a billion dollar company!"
In an effort to better launch this new strategy the company plans on conducting a restructuring of the company's publicly traded common stock. The Board of Directors has elected this move to provide room for our acquisition growth strategy, and to enable us to close on the acquisition of our new core HPP technology. The Company believes this move should enhance value for our shareholders as the new structure will be accompanied by a water division, a new consumer products division, and revenue producing HPP operations.
About Stakool Inc.
Based in Jacksonville, FL, Stakool, and its subsidiaries seek "to be the catalyst to a better quality of life by offering health and wellness solutions that make sense and fit into the everyday lives of all consumers". Focused on three key strategic sectors; Food Processing, Water Management and Consumer Products, Stakool sets itself apart from the competition by marrying innovative technology and product development with perceptive marketing and sales service strategy.
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of Stakool, Inc./Anthus Life Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
CONTACT: Melissa Diaz. South Street Media, Inc. Phone: (917) 937-8968 Email: firstname.lastname@example.orgSource:Stakool, Inc.