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Tekcapital Reports Increased Interest In Salarius MicroSalt Product

(Alliance News) - Tekcapital PLC on Monday said that 11 snack making companies are testing the ...

Alliance News 2 September, 2019 | 1:19PM
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(Alliance News) - Tekcapital PLC on Monday said that 11 snack making companies are testing the MicroSalt product developed by its portfolio firm Salarius Ltd.

MicroSalt has 50% less Sodium than regular salt and dissolves in the mouth faster, delivering an increase salty flavour.

The intellectual property investor also said Salarius has received a registered trademark for SaltMe!, the name of a low-sodium snack which the company plans to launch in the first half of 2020.

In order to generate more interest in its MicroSalt product, Salarius will have a presence in two major American food shows over the next 60 days. It will first attend the Natural Products Expo East in Baltimore between September 11 and 14 and then the Supply Side West show between October 15 and 19.

Tekcapital Executive Chair Clifford Gross said: "We are glad to see Salarius' continued efforts to expand its customer base and believe that MicroSalt has the potential to empower consumers worldwide to enjoy full-flavour snacks with reduced sodium."

Shares in Tekcapital were 2.6% higher at 8.03 pence each in London on Monday afternoon.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Tekcapital PLC 5.67 GBX 0.28 -

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