International Dispensing Corporation Announces Agreement With Steuben Foods to Market New Aseptic Product Lines; Three New Mark
July 31 2006 - 9:45AM
Business Wire
International Dispensing Corporation (IDC) (OTC:IDND.PK), a
developer and marketer of proprietary dispensing solutions, and
Steuben Foods, one of the nation's largest low-acid aseptic
producers, have announced today that they have entered into a
long-term agreement, under which Steuben Foods will market three
aseptic bag-in-box product lines featuring IDC's Fresh Flow(TM)
Tap. Under the agreement, Steuben Foods has the exclusive right in
North America to manufacture and sell bag-in-box coffee creamers,
iced-coffee beverages, and acidified milk products using the Fresh
Flow(TM) Tap for any non-refrigerated end-use. All three product
lines will be developed and commercialized by Steuben Foods over
the next twelve months. The Fresh Flow(TM) Tap is the world's only
certified and commercially proven aseptic dispensing tap. It can
dispense low and high-acid products from a flexible bag or pouch
without breaking sterility, and thus eliminate the need for
refrigeration and preservatives. The Fresh Flow(TM) Tap received
the DuPont Award (2003) and the Gold Medal for Technical Excellence
(2003) from the Flexible Packaging Association, and it has broad
international patent coverage. "We are breaking new ground using
cutting-edge technology, and believe we can offer foodservice
operations better options for delivery of low-acid products to the
consumer," says Ken Schlossberg, president of Steuben Foods.
"Foodservice operators will soon be able to dispense aseptic
processed and packaged dairy products without the cost and
maintenance headaches associated with refrigeration. The products
we will be launching remain aseptic to the last drop because of the
unique features of the Fresh Flow(TM) Tap." "There is no more
reputable or innovative dairy producer than Steuben Foods," says
Greg Abbott, founder and chairman of International Dispensing
Corporation. "Their state-of-the-art plant and expertise are
unsurpassed. We are delighted to have a partner of such stature
validating our technology. Once potential end-users see the savings
and benefits, there is no telling how far this partnership can go."
Steuben Foods, a privately held food packaging company based in
Jamaica, New York, manufactures a wide variety of branded and
private label products for numerous multi-national food companies.
Steuben Foods' recent innovative brand launch, "Yo On The Go," has
enjoyed considerable success in club stores and is growing rapidly.
The three above-referenced product lines containing IDC's tap will
be produced at Steuben Foods' Elma, New York plant, a 350,000
square-foot Grade-A facility on the outskirts of Buffalo.
International Dispensing Corporation is a research and development
company that develops and manufactures leading-edge packaging and
aseptic dispensing solutions. For additional information on
International Dispensing Corporation and its technologies, please
visit www.idcdispensing.com or call 410-761-0070.
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