Functional Technologies Announces Letter of Commitment from Leading Global Yeast Producer for Initial Production and Supply o...

Functional Technologies Corp. (TSX VENTURE:FEB)(OTCQX:FEBTF) (the "Company") is
pleased to announce that a global, industry leader in yeast production and yeast
technology (the "Yeast Producer") has signed a letter confirming its commitment
to supply Functional Technologies with preliminary volumes of the Company's
proprietary Acryleast(TM) yeasts, a platform solution that prevents and reduces
the formation of acrylamide. This supply arrangement enables major food
processing companies and collaborators, including in the baking, snack food,
cereals and potato processing sectors, to evaluate and confirm the feasibility
and effectiveness of the Acryleast(TM) platform in various commercial processes.
Successful confirmation of the performance of Acryleast(TM) yeasts in food
applications under industrial processing conditions is an important milestone to
drive the adoption of the Company's yeasts by various industries.


The letter also describes the manner of collaboration enabling the two companies
to evaluate the production and optimization of Acryleast(TM) yeasts, how this
may be best facilitated by the Yeast Producer, as well as continued assessments
of the industrial scale feasibility of Functional Technologies' existing and
potential subsequent yeast strains and products for the prevention and reduction
of acrylamide in specific food categories. Particulars including which 3rd party
production and Yeast Producer-specific manufacturing facilities will be engaged
for the production of the Acryleast(TM) yeasts are also provided in the letter.
This is expected to provide end-user collaborators with some level of assurance
that the quality of the Company's AP yeast, even at pilot scale volumes, is of
commercial and high grade. 


Collectively, this confirmed commitment provides for the potential for longer
term arrangement and agreements, including the large scale production and supply
of Acryleast(TM) yeasts for food processing end-users and customers across a
variety of food market segments. 


"We are pleased to continue to expand our working and strategic relationship
with a respected, global leader in innovation and quality, as well as size, to
further the commercial potential and distribution of our AP yeast platform,"
said Mr. Howard Louie, Chief Business Development Officer of Functional
Technologies. "With this initial letter of commitment, we look forward to
continuing to grow our relationship and working together to enhance the
opportunities associated with our proprietary yeast technologies to the benefit
of both parties."


About Functional Technologies Corp. 

Functional Technologies develops and commercializes proprietary, advanced
yeast-based solutions to significant challenges in the food, beverage and
healthcare industries. The Company's platform improves the performance of innate
yeast functions, and prevents the formation of naturally occurring toxins and
contaminants that either affect final product quality or are classified by the
World Health Organization ("WHO") as probable human carcinogens. Functional
Technologies' lead technologies include yeasts that prevent and reduce the
formation of foul-smelling hydrogen sulphide (H2S) and the WHO classified
probable carcinogen, acrylamide - both by-products of food and beverage
processing. These contaminants are found in many commonly consumed items, such
as fermented food products and alcoholic beverages, and baked and fried foods.
For more information, please visit our website at www.functionaltechcorp.com.