BELLEVILLE, N.J. — FACT Corporation, a company focused on supporting healthier lifestyles with a multifaceted line of bakery and nutraceutical products announced today that it has re-opened discussions with Mexican brokers, distributors and customers for new and increased product distribution.
Jacqueline Danforth, CEO, said, "We are very excited to once again be able to pursue opportunities for new and increased business in the Mexican consumer market. With subsidiary FACT Products recently having shipped their first orders to new customers for private label nutraceutical products in Mexico, it’s a natural progression for FACT to pursue the consumer markets through distributor, broker and private label bakery operations. Of particular interest to us is the market opportunity we see for our new ready to eat line of bakery goods that have been specifically designed to support healthier lifestyles and better snack choices."
Ms. Danforth went on to say, “The Mexican consumer population has long been a priority target for FACT’s baked goods business due to the alarming increase in the instances of both obesity and diabetes in Mexico. I firmly believe our ready to eat baked goods can offer the Mexican consumer better choices to help combat the sugar-rich, high-fat snacking options we see in the marketplace today.”
According to a CNN Senior Latin American Affairs Editor in an article originally published on January 4, 2011, the Organization for Economic Cooperation and Development published statistics indicating 69.5% of the Mexican population aged 15 and older is overweight or obese, believed to be the highest rate in the world. Further, according to Mexico's Institute for Public Health, diabetes, of which obesity is a contributing factor, has become the No. 1 cause of death in Mexico.
FACT Corporation is organizing a series of meetings in April to present its product line, as well as certain private label baked goods opportunities to various brokers, distributors and manufacturers in Mexico City.
About FACT Corporation
Fact Corporation, through its two wholly owned operating subsidiary companies, Food and Culinary Technology Group Inc. (FACT Group) and Fact Products Inc., has successfully developed and launched a multi-faceted line of products that support a healthy lifestyle under its Nutrition First™ brand. Since 2002, the Company has generated over $13 Million in gross sales, and continues to develop products with the goal of improving the lives of consumers globally. Targeting the rapidly growing market of consumers looking for products to improve their overall health or with a health condition that could be substantially improved by a change in diet, FACT combines high standards of production, quality ingredients and the proven benefits of high fiber to serve today’s consumer. Our corporate mission: Better Choices, Better Living, Real Results!
For more information about FACT, its subsidiaries and products please visit www.factfoods.com. Detailed information on our Nutrition FirstTM product line is available at www.nutritionfirst.com.
FORWARD-LOOKING STATEMENTS
The statements contained herein regarding the intent, belief and current expectations of FACT Corporation are forward-looking statements that reflect numerous assumptions, risks and uncertainties, any of which may cause our actual future results to differ materially from those indicated in these statements, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that any of our forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking statements contained herein.
Source: FACT Corporation
