To: Jim Bishop who wrote (355 ) 6/24/1999 1:52:00 PM From: Mr Metals Read Replies (2) | Respond to of 757
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. -0- CONTACT: Struthers Inc. Rhett C. Seabrook, 843/763-1755 WEB PAGE: businesswire.com