LeanLife Capable of Producing Over 300,000 Litres per Year
February 05 2020 - 11:08AM
LeanLife Health Inc. (CSE: LLP) (the “Company”) a Company focused
on proprietary plant-based food products is pleased to announce
that it has completed the installation of new equipment and
increased its production capacity.
With the installation of an upgraded reactor for use in its
exclusive process, LeanLife is now capable of producing over
300,000 litres of its unique, shelf-stable Omega-3 flaxseed oil
product each year. This increase in capacity is a four-fold
improvement in the Company’s ability to produce and fulfill
orders.
The new reactor has reduced both labour and production costs,
thereby increasing the Company’s profit margin.
With this new equipment, along with some relatively inexpensive
future additions and automation, LeanLife will be able to increase
its production capacity to over 20,000 litres per week or 1,000,000
litres per year. This puts the Company in a position to scale
up its efficient process to even higher-volumes as customer demand
increases.
The new equipment was used to produce samples for distribution
to LeanLife’s growing international network of sales agents who are
focused on securing over $1,000,000 in new customer contracts in
2020.
LeanLife’s quality has once again been confirmed by the analysis
of our most recent batch of product by Simon Fraser University
("SFU") Faculty of Chemistry.
“With these upgrades LeanLife can produce over 300,000 litres
per year of its plant-based Omega-3 product and is ready to fulfill
customer demand,” said Stan Lis, CEO.
About LeanLife Health and the Omega-3
Market
LeanLife Health’s products are long-term
shelf-stable extractions from flax seed, a
plentiful plant-based source of Omega-3, that give
them a significant advantage as a fortified food ingredient.
Increased omega-3 intake, especially with LeanLife’s higher
omega-3 to -6 ratio, has shown to have significant health
improvement impacts.
LeanLife’s mission is to provide a relatively low-cost
means of replacing the less healthy vegetable oil in food,
and transform them into healthier versions.
“Improving the quality of food without requiring
people to change what they eat is the best way to ensure they eat
healthier and benefit from an improved quality of life.” – Stan
Lis, CEO
LeanLife Health’s industry leading and proprietary
Omega-3 product formulations are of the highest
quality and contain no cholesterol.
Products are available in oil, emulsion and powder forms.
The products can be used as food additives or
as nutraceuticals and have been used to make
bread, noodles, cheese, yogurt, juice and milk products for the
European market.
The global Omega-3 market reached USD $33
Billion in 2016 and is expected to reach upwards of USD $57
Billion by 2025, according to a report by Grand View
Research, Inc.
For more information, please contact:
Stan Lis, CEO604-764-0518SLis@LeanLifeHealth.com
Forward Looking InformationInformation set
forth in this news release contains forward-looking statements that
are based on assumptions as of the date of this news release. These
statements reflect management's current estimates, beliefs,
intentions and expectations. They are not guarantees of future
performance. The Company cautions that all forward looking
statements are inherently uncertain and that actual performance may
be affected by a number of material factors, many of which are
beyond the Company's control including, the Company's ability to
compete with large food companies; sales of any potential products
developed will be profitable; the ability to complete sales under
the sales agreement. Accordingly, actual and future events,
conditions and results may differ materially from the estimates,
beliefs, intentions and expectations expressed or implied in the
forward-looking information. Except as required under applicable
securities legislation, the Company undertakes no obligation to
publicly update or revise forward-looking information.
THE CSE HAS NEITHER APPROVED NOR DISAPPROVED THE
INFORMATION CONTAINED HEREIN AND DOES NOT ACCEPT RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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