Applies to -- STRU
Struthers Receives Outstanding Evaluation From Iowa Ham, Inc. On the Carcasses of Its Genetically Superior Swine
Struthers Receives Outstanding Evaluation From Iowa Ham, Inc. On the
Carcasses of Its Genetically Superior Swine
CHARLESTON, S.C., Jun 24, 1999 (BUSINESS WIRE via COMTEX) --
Struthers, Inc. (OTC BB:STRU) is pleased to announce that it recently
received an exceptional evaluation of eight carcasses from its
genetically superior swine. The test was independently administered by
Independence, Iowa-based Iowa Ham Canning, Inc. Iowa Ham Canning is
well regarded as one the largest private label processors of hams in
the United States.
The initial tests had demonstrated remarkable results for meat quality,
color and leanness. The yield analysis of the primal ham muscles
averaged 59.13%. This number compares extremely favorably to the
industry average of a 42% yield. In short, the Struthers meat yielded
41% more meat than the average of the industry. Also, the Struthers'
carcasses had a fat yield of a mere 1.18% or 1000% better than the
industry average fat yield of 12.5%.
Commenting on the stellar test results, Struthers, Inc., Vice President
of Operations Rhett C. Seabrook, stated, "Although we are thrilled with
the results of the testing by Iowa Ham, we are not surprised. This test
further validates the effectiveness of Struthers' ability to produce
genetically superior swine and thus a much higher quality meat. Our
superior test results have allowed us to advance our negotiations with
Iowa Ham to supply them with consistent high quality animals."
Struthers, Inc. is a company focused on commercializing its
breakthrough technology of Porcine Embryo Transplants and the
significant reduction of disease in hog herds.
The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements. Certain information included in
this press release (as well as information included in oral statements
or other written statements made or to be made by Struthers, Inc.)
contains statements that are forward-looking, such as statements
relating to the future anticipated direction of the porcine industry
future expansion, various business development activities, planned
capital expenditures, future funding sources, anticipated sales growth
and potential contracts. Such forward-looking information involves
important risks and uncertainties that could significantly affect
anticipated results in the future and, accordingly, such results may
differ from those expressed in any forward-looking statements made by
or on behalf of Struthers, Inc. These risks and uncertainties include,
but are not limited to, those relating to development and expansion
activities, dependence on existing management, financing activities,
domestic and global economic conditions, changes in federal or state
tax laws and market competition factors.
Copyright (C) 1999 Business Wire. All rights reserved.
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CONTACT: Struthers Inc.
Rhett C. Seabrook, 843/763-1755
WEB PAGE: businesswire.com
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