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Re: Psionic Trader post# 197530

Wednesday, 07/04/2012 8:33:47 AM

Wednesday, July 04, 2012 8:33:47 AM

Post# of 396422
FEB.V @0.25 Functional Technologies appoints Barroso as adviser

2012-07-03 12:24 ET - News Release


Mr. Howard Louie reports

FUNCTIONAL TECHNOLOGIES APPOINTS INTERNATIONAL FOOD INDUSTRY EXECUTIVE TO ADVISORY BOARD

Functional Technologies Corp. has appointed Carlos Barroso to its advisory board. Mr. Barroso is an accomplished, international research and development executive with more than 20 years experience in consumer products, particularly in the food and beverage industries, and has been integrally involved in the creation and advancement of numerous innovative products and technologies, including in the cultivation of strong intellectual property and associated protection.

Prior to founding CJB and Associates Inc., a consulting firm specializing in the food and beverage sectors, Mr. Barroso was the senior vice-president of R&D for PepsiCo Global Foods, responsible for its $27-billion (U.S.) global food and snacks, where he led production innovation and brought hundreds of millions of dollars of incremental business in its international foods division. He was also previously a director of R&D with Procter & Gamble, where he cultivated expertise in the global beverage and paper goods sectors, as well as in market research. Mr. Barroso holds a degree in chemical engineering from Georgia Tech and serves as vice-chair on the external advisory board for the school of chemical and biomolecular engineering.

"I am pleased to be joining Functional Technologies' advisory board, and look forward to lending my industry experience to help advise on and assist in facilitating Functional Technologies' efforts to commercially position its yeast-based solution to help mitigate acrylamide in a safe, effective and cost-efficient manner," commented Mr. Barroso.

Howard Louie, chairman and chief business development officer of Functional Technologies, stated, "We are pleased that someone of Mr. Barroso's extensive industry knowledge and business acumen has agreed to join us as an adviser to the company at this pivotal phase of our development as we look forward to building on the momentum and interest cultivated with numerous international food producers across several food sectors."



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