SureBeam Corporation (NASDAQ: SURE) — innovator of the world’s first electronic
pasteurization system that kills harmful food-borne bacteria — and Tech Ion Industrial
Brasil S.A., headquartered in Manaus, Brazil, announced today that their joint
venture, SureBeam Brazil, will be supporting the new Food Irradiation Center of
Excellence being instituted in the State of Rio de Janeiro.
Established by State of Rio de Janeiro government, the Center of Excellence
is another milestone accomplishment between the Brazilian government and private
industry for advancing food irradiation and food safety in Brazil. “As the first
nation to adopt the United Nation FAO/IAEA/WHO Study Group’s recommendations
on high-dose food irradiation, Brazil has taken the lead in an international
effort to stop the spread of food-borne disease and the wasting of food through
unnecessary spoilage,” said Paisan Loaharanu, head of the FAO and IAEA Joint
Food and Environmental Protection. “Brazil’s leadership reflects an increasing
awareness by a number of governments of the potential health risks associated
with the consumption of animal and plant foods, and the extraordinary effectiveness
that various food irradiation technologies provide for delaying spoilage, helping
the environment, and ensuring the microbiological safety of food.”
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When fully constructed, the SureBeam Brazil network is expected to be the world’s
largest, most comprehensive system dedicated to enhancing food safety and preservation.
SureBeam(R) technology uses only ordinary commercial electricity to produce
a high-speed electronic beam or x-rays to kill harmful bacteria and extend the
shelf life of food. The technology is being used in the United States as a means
to eliminate lethal bacteria such as E. coli O157:H7 in ground beef and to eliminate
environmental pests from tropical fruit.
“The joint venture between SureBeam Corporation and Tech Ion not only supports
the partnership instituted by the State of Rio de Janeiro and Brazil’s unique
food safety and preservation needs, but it expands our revolutionary, patented
SureBeam(R) technology into one of the largest and most diversified food markets
in the world,” said Larry Oberkfell, SureBeam’s president and CEO.
With four growing seasons and a landmass approximating the size of North America,
Brazil has the world’s largest herd of beef and is the second largest chicken
producer. Its fruit and vegetable market is in excess of 84 billion pounds annually
according to United Nations’ FAO estimates. Brazil is also a prominent member
of MERCOSUR, the fastest growing common market and trading bloc in the world.
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“This is a big food safety and environmental plus for Brazil,” said Jose Francisco
Bufara Medeiros, President of Tech Ion. ” This partnership is an excellent fit
between industry, technology, and government for advancing Brazil’s agriculture
and other national needs. Brazil suffers significant post harvest losses, because
we have limited infrastructure across one of the world’s largest and most sensitive
environments. Food irradiation stops the spread of food-borne diseases, eliminates
insect infestation, and extends shelf life without any environmental impact
whatsoever. By working with SureBeam, we’ll improve Brazil’s food supply while
helping to eliminate the threat of food-borne illness.”
The announcement of the establishment of the Center of Excellence by the State
of Rio de Janeiro was made during a week-long meeting of the United Nation’s
International Consultative Group on Food Irradiation held in Rio de Janeiro
from July 9 to 13, 2001.
SureBeam Corporation was created, built, and launched by The Titan Corporation
(NYSE: TTN) in an initial public offering on March 16, 2001.
Headquartered in San Diego, California, SureBeam is a leading provider of electronic
pasteurization systems and services for the food industry. SureBeam’s technology
significantly improves food safety, prolongs shelf life, and provides disinfestation
that helps to protect the environment. The SureBeam(R) patented electronic pasteurization
system is based on proven electron beam and x-ray technology that instantly
destroys harmful food-borne bacteria. This technology can also eliminate the
need for toxic chemical fumigants used in pest control that may be harmful to
the earth’s ozone layer.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act
of 1995: The statements contained in this release, which are not historical
facts, are forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
Examples of such forward-looking statements include the anticipated approval,
acceptance and use of SureBeam’s technology. These statements are subject to
risks and uncertainties that could cause actual results to differ materially
from those set forth in or implied by forward-looking statements. These risks
and uncertainties include the risks associated with the Company’s entry into
new commercial food pasteurization markets that require the company to develop
demand for its product, its ability to defend and maintain its patents, and
other risks described in the Company’s Securities and Exchange Commission filings.
