PureCircle and Almendra Resolve U.S. Patent Litigation
PR87685
SINGAPORE, Jan. 20, 2021 /PRNewswire=KYODO JBN/ --
-- Amicable settlement reached
PureCircle and Almendra reached an amicable settlement in a patent dispute in
the United States relating to Almendra's Steviarome(R) products and use thereof.
Logo - https://mma.prnewswire.com/media/1423029/Almendra_Logo.jpg
As of December 31, 2020, PureCircle and Almendra voluntarily resolved the
litigation with all claims and counterclaims subsequently being dismissed.
As part of the settlement, Almendra signed a license agreement with PureCircle,
which allows Almendra to continue selling its Steviarome(R) flavor ingredients
worldwide. All other terms of the agreement remain confidential.
Enquiries:
Jackson Pillow, PureCircle Communications Manager
Email: Jackson.Pillow@purecircle.com
Phone: +1 (630) 256 8394
Kimberly Hunter, Almendra CFO
Email: Kimberly.H@almendra.com
Phone: +1 (708) 926-5403
About PureCircle
PureCircle is the leading producer and innovator of great-tasting stevia
sweeteners and flavor modifiers for the global beverage and food industry.
PureCircle combines advanced R&D with full vertical integration from farm to
high-quality, great-tasting innovative stevia ingredients.
The Company collaborates with farmers who grow its proprietary stevia
varieties, and with food and beverage companies which seek to improve their
low- and no-calorie formulations using plant-based, non-GMO ingredients.
For more information, visit: www.purecircle.com
About Almendra
Almendra is a privately held natural sweetener and flavor ingredients company
focused on the food and beverage industry's need for great tasting natural,
clean label solutions.
The company's teamwork, innovation, IP and know-how allow it to develop
industry-leading sweet taste solutions and to deliver flavors with modulating properties
that address complex taste challenges of sugar reduced foods and beverages.
Headquartered in Singapore, Almendra manufactures in Thailand for sale to
customers around the globe.
More information about Almendra is available at www.almendra.com
SOURCE: Almendra Pte. Ltd.
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