Ocean Nutrition Canada Announces Acquisition of Exclusive License to GAT Food Essentials, Omega-3 Microencapsulation-Emulsion Technology

Dartmouth, Canada, July 12, 2010 (ots/PRNewswire) - Ocean Nutrition
Canada (ONC) supplier of the most trusted source of Omega-3,
EPA/DHA, food and dietary supplement ingredients, announces today
the acquisition of the exclusive global marketing and distribution
rights to GAT Food Essentials (GAT) Omega-3
microencapsulation-emulsion technology.

As a result of the agreement, ONC acquired the rights to
exclusive use of GAT's unique and patented "wowCAPS(R)" technology,
in the Omega-3 space. In addition, ONC acquired all GAT's existing,
global Omega-3 customer base which includes customers in Australia,
Europe, North America, and South America. With this acquisition, ONC
strengthens its position as the world's largest Omega-3 EPA/DHA
solutions provider to the food, beverage and dietary supplement
markets.

With proven success in over 40 different applications from milk
to baby food, from cooking oil to peanut butter and from bread to
cookies, no one matches ONC's Omega 3 food applications capabilities,
and GAT's microencapsulation-emulsion technology will allow ONC to
further expand its range of applications.

The food companies currently using GAT's "wowCAPS(R)" technology
for Omega 3 will now benefit from using ONC's MEG-3(R) fish oil, the
most trusted source of Omega-3 EPA and DHA, while using the same
proven microencapsulation-emulsion technology they have been using in
the past. In addition, these companies will benefit from ONC's
turn-key marketing support and capabilities.

"We are very pleased to be bringing our technology and expertise
to the Omega-3 market leader. We believe that ONC, because of its
world-wide reach and best in class marketing, is the ideal partner to
expand the adoption of this technology by the major food companies of
the world as they develop and launch Omega-3 enriched products."
said Miguel Gimeno, Co-CEO of GAT Food Essentials.

"With GAT's microencapsulation-emulsion technology in the same
portfolio as our patented Powder-loc(TM) microencapsulation
technology platform and product line, our ability to meet customer
requirements across a spectrum of food applications and food
processing conditions is unmatched in the industry. ONC is committed
to providing its customers a variety of solutions to meet all of
their Omega-3 EPA/DHA needs regardless of the application." said Jon
Getzinger, Chief Sales and Marketing Officer, ONC.

About Ocean Nutrition Canada Limited (ONC):

Ocean Nutrition Canada is a privately held Canadian company. ONC
is the world's largest supplier of Omega-3 EPA and DHA ingredients
from fish oil, marketed into the dietary supplement and food
manufacturing markets. To date MEG-3(R) ingredients have been
included in almost 80 billion servings of food and supplement
products world wide. For more information on the health benefits of
MEG-3(R) ingredients please visit http://www.meg-3.com.

About GAT Food Essentials:

GAT Food Essentials (GAT) is a recognized microencapsulation
specialist focusing on the stabilization of sensitive active
ingredients - such as PUFAs (omega-3), nutritional oils,
antioxidants, minerals, and vitamins - for the functional food and
beverage industry. GAT's strength lies in providing a natural,
easy-to-use, and stable technology solution (wowCAPS(R) technology)
for the incorporation of a variety of active ingredients into food
and beverage applications.

GAT is a young and fast growing technology company with a global
sales and distribution network and partners in Europe, the Americas,
Australia & New Zealand and the Middle East. For more information on
GAT Food Essentials and its wowCAPS(R) technology, please visit
http://www.gat-foodessentials.com.

For further information: Joanna Lane, Ocean Nutrition Canada
Ltd., Tel: +1-902-480-3288, Cell: +1-902-488-0141,
jlane@ocean-nutriton.com; http://www.ocean-nutrition.com

ots Originaltext: Ocean Nutrition Canada Ltd.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
CONTACT: For further information: Joanna Lane, Ocean Nutrition
CanadaLtd., Tel: +1-902-480-3288, Cell: +1-902-488-0141,
jlane@ocean-nutriton.com