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PURE Bioscience Announces Partnership with iGPS Logistics

October 26, 2017

Enters New Food Transport Sanitization Market With PURE® Hard Surface-Based Solution

SAN DIEGO (October 26, 2017) – PURE Bioscience, Inc. (OTCQB: PURE), creator of the patented, non-toxic silver dihydrogen citrate (SDC) antimicrobial, announced today that it has signed an agreement with, and received an initial order from, iGPS Logistics, the leading plastic pallet pooling service provider in North America. PURE® Hard Surface disinfectant will be used as a new, more effective, time-efficient sanitization solution.

In PURE’s proprietary solution, EPA registered PURE Hard Surface will be mist-spray applied to the surfaces of plastic pallets inside a trailer to quickly eliminate microorganisms, preventing cross contamination. Test results demonstrated rapid efficacy (consistently over 96% reduction in bacteria counts), coupled with a highly favorable safety profile.

“The testing results from this new process on our plastic pallets are truly extraordinary,” said Jeff Liebesman, CEO of iGPS Logistics. “Through our partnership, we can now offer customers a level of hygiene and peace of mind far beyond all industry standards or current capabilities. We look forward to a blossoming partnership with PURE Bioscience.”

The newly developed PURE pallet sanitization solution helps food transportation operations to comply with the Food Safety Modernization Act (FSMA) requirement that transport equipment be sanitized to prevent food contamination. The use of plastic pallets continues to expand in the food industry and they are increasingly required by leading processors and retailers. Pallet sanitization is becoming a critical component of any food safety plan to prevent cross contamination. This initial sale supports start-up operations in five of 15 iGPS pallet pooling centers. PURE expects follow-on orders, as well as rollout to the balance of the iGPS system, in the coming months.

Hank R. Lambert, Chief Executive Officer of PURE Bioscience, Inc., said, “Our agreement to provide iGPS with our new food transport sanitization solution marks PURE’s entry into a new $50M+ US food transportation sanitization market. iGPS is a blue chip customer and we are proud to be partnered with an industry leader, clearly dedicated to innovative, world-class supply chain and food safety solutions.”

Unique Pallet Sanitization Solution

  • Quickly kills germs including Listeria, Salmonella and E. coli
  • Rapid application reduces downtime
  • EPA registered, no rinse required – food contact surface sanitizer and disinfectant
  • Odorless and non-irritating
  • Ready-to-use; offers 24-hour residual protection

About iGPS Logistics

iGPS Logistics is North America’s only pooler of 48x40 plastic pallets. iGPS pallets will generate measurable savings in transport, reduced product damage, and other operational efficiencies. The world’s only multi-use pallet to receive NSF Food Equipment Certification, iGPS’ platform is a major advance in supply chain hygiene—a platform that can easily be cleaned. It will not absorb fluids that can lead to contamination and never requires treatment with toxic pesticides or fungicides. Measuring a true 48” x 40”, iGPS’ platform enables larger load patterns and is ideally suited for automated environments. And, it puts an end to broken boards and protruding nails that can damage equipment, endanger workers, jam production lines and litter workplaces. An independent life cycle analysis has documented that iGPS’ solution is better for the environment than both one-way and multiuse wood pallets. For more information please contact us at 1-800-884-0225 or visit www.igps.net.

About PURE Bioscience, Inc. 

PURE Bioscience, Inc. is focused on developing and commercializing our proprietary antimicrobial products primarily in the food safety arena -- providing solutions to the health and environmental challenges of pathogen and hygienic control. Our technology platform is based on patented stabilized ionic silver, and our initial products contain silver dihydrogen citrate, or SDC. SDC is a broad-spectrum, non-toxic antimicrobial agent, which offers 24-hour residual protection and formulates well with other compounds. As a platform technology, SDC is distinguished from existing products in the marketplace because of its superior efficacy, reduced toxicity and it mitigates bacterial resistance. PURE is headquartered in El Cajon, California (San Diego metropolitan area). Additional information on PURE is available at www.purebio.com.

Forward-looking Statements  

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause our actual results to differ materially from any forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the Company’s failure to implement or otherwise achieve the benefits of its proposed business initiatives and plans; acceptance of the Company's current and future products and services in the marketplace, including the Company’s ability to convert successful evaluations and tests for PURE Control into customer orders and customers continuing to place product orders as expected and to expand their use of the Company’s products; the ability of the Company to develop effective new products and receive required regulatory approvals for such products, including the required data and regulatory approvals required to use its SDC-based technology as a direct food contact processing aid in raw meat processing and to expand its use in OLR poultry processing; competitive factors, including customer acceptance of the Company’s SDC-based products that are typically more expensive than existing treatment chemicals; dependence upon third-party vendors, including to manufacture its products; and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission (the SEC), including its Form 10-K for the fiscal year ended July 31, 2017. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. 

Contacts:

 

Hank Lambert, CEO

Terri MacInnis, VP of IR

Tom Hemingway

PURE Bioscience, Inc.

Bibicoff + MacInnis, Inc.

Redwood Investment Group

619-596-8600 ext.103

818-379-8500

714-978-4425

hlambert@purebio.com

terri@bibimac.com

tomh@redwoodfin.com