Tara Minerals Acquires Disruptive Packaging Technology
29 Mai 2014 - 3:00PM
Marketwired
Tara Minerals Acquires Disruptive Packaging Technology
HENDERSON, NV--(Marketwired - May 29, 2014) - Tara
Minerals Corp. (OTCQB: TARM) (BERLIN: 6T3) is pleased to announce
the diversification of its opportunities through the acquisition of
intellectual property for the preservation and protection of fresh
fruit, vegetables and flowers during extended periods of shipping
and storage. The acquisition is comprised of patents, trademarks
and other intellectual property in the United States, Europe,
Mexico, Canada, South Africa, Japan, and Chile regarding systems
and methods for packaging of bulk quantities of fresh produce and
flowers incorporating modified atmosphere packaging. The
acquisition also includes pending applications throughout the world
regarding the active treatment of modified atmosphere
packaging.
The patented solution, the SmartPac™ system, has been
demonstrated commercially and provides for immediate opportunities
to license towards its worldwide adaptation and for use with Tara
branded fresh produce. The solution caters to the quality needs and
wants of the end user, opens up new distribution channels, improves
the logistics service to customers and enables lower system-wide
costs. The SmartPac™ solution will be made available for the
packing, storage and shipment of bulk quantities of produce to
growers, packers and end-users. Examples of generic industry
applications include avocado, tomato, iceless broccoli, d'anjou
pears, cherries, stone fruits and flowers.
Deterioration and vulnerability to pathogens (food safety) are
serious and growing problems for the fresh bulk produce industry.
The SmartPac™ system is referred to as "disruptive innovation" in
that it solves these problems for bulk produce by replacing the
industry-standard shipping cartons with a sealed container system
that preserves produce in virtually the same condition it was in
when newly picked, for up to one month during shipment or storage.
This means produce can be picked when ripe, flavorful and at peak
weight, and enjoyed by the consumer in the same condition. The
packaging system reduces spoilage considerably, extends market
reach and opens up cheaper (ship/rail vs. air) transportation
options. The SmartPac™ system also has an efficient mechanism for
the distribution of anti-microbial agents, which deter mold,
disease and infestation while in transit or in storage.
Mr. Francis Biscan Jr., President of Tara Minerals, stated, "We
believe this technology can dramatically impact and disrupt the way
fresh produce is shipped and stored around the world. For the
benefit of all shareholders, we could not ignore this strategic,
rapid growth opportunity presented by the advanced technology in
the international produce and packaging supply industries. The
sourcing of produce from around the world is increasingly assisted
by a reduction in trade barriers. The acquired patented bulk
packaging system positions Tara with a key competitive advantage in
the food industry. We will aggressively build this business and I
look forward to sharing our progress. At the same time, we
recognize that our mining assets have considerable unrealized value
and we will continue to progress these properties towards their
potential. The revenue generated from SmartPac™ will be used to
advance both our mining and packaging assets and results in
significant potential added value and risk diversification to
Tara."
Tara Minerals has signed a definitive agreement with FreshTec,
Inc. for the acquisition of the above mentioned intellectual
property. Closing is subject to delivery of appropriate
documentation and warranties by FreshTec and contractually limited
to no more than 40 days from signing. The Company will pay FreshTec
a total of $500,000 upon closing. The Company will also pay
royalties to FreshTec related to licensing fees and packaging
system unit sales. To complete this transaction and market the
technology, the Company has raised $750,000 which will be released
to the Company upon closing.
About Tara Minerals Corp. (http://www.TaraMinerals.com)
The patented SmartPac™ bulk produce packaging system is
available for generic industry applications and for licensing
towards its world-wide application. Tara Minerals also continues to
advance the US and Mexico mining projects.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: The statements contained herein are
forward-looking statements that are subject to risks and
uncertainties that could cause actual results to differ materially
from those expressed in the forward-looking statements, including,
but not limited to, certain delays beyond the Company's control
with respect to market acceptance of new technologies or products,
delays in testing and evaluation of products, and other risks
detailed from time to time in the Company's filings with the
Securities and Exchange Commission. Please read the full
disclaimer at www.TaraMinerals.com
(http://taraminerals.com/English/General/Disclaimer/default.aspx).
Contact: David Barefoot (888) 901-4550 Email Contact
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