Bioriginal Food

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• Bioriginal Food Science Corp.
• 102 Melville Street
• Saskatoon, Saskatchewan
• Canada S7J 0R1
• Phone [phone]
• Fax [phone]
• www.bioriginal.com
• Jerome Konecsni

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Agenda

• Introduction to Bioriginal

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Our Vision

• To be a world leader supplier of integrated EFA
  based innovative solutions to the nutritional
  supplement industry

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Our Corporate Profile

• Offices in Canada, the Netherlands and China
• Saskatchewan processing facility
• Joint venture processing facility in China
• Compounded annual growth of 38
• Staff has grown from 3 to 100 in ten years
• More than 300 growers under contract
• 11 PhDs on staff

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Joint Venture Partners

• Investment Saskatchewan Incorporated (ISI)
• Business Development Bank of Canada (BDC)
• ManVest
• Crown Capital Partners
• Organico
• Bioriginal Employees and their families

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Worlds Leading Supplier of Essential Fatty Acids
Bioriginal is a vertically integrated company,
incorporating research, contract growing,
processing and distribution. With strict quality
controls at every stage, Bioriginal meets it
commitment to deliver clean, pure products.
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• Based on our market research, Bioriginal is the
  leading supplier of Essential Fatty
  Acid-containing products in North America

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Our Products

• Essential Fatty AcidsAvailable as bulk oils or
  softgels
• Borage Oil
• Evening Primrose Oil
• Flax Oil
• Fish Oil
• Black Currant Oil
• Pumpkin Seed Oil
• Perilla Oil
• Modified Fatty Acids
• Available as bulk oils or softgels
• Conjugated Linoleic Acid (CLA)
• Concentrated EFAs (marine plant)
• Organics
• Flax
• BakOmega Flax Flour
• Milled/Micronized Seeds
• Lignan Capsules
• LignaMax

• Nutraceutical Powders
• Essential Fatty Acids
• Custom Formulations
• Probioflax (a proprietary blend of LignaMax and
  select probiotic strains)
• EFA Blends (with various antioxidants)
• Condition-Specific Products
• Customer-Specified Formulations
• Private Label packaged goods

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Products

• Bioriginal's core product line is nutritional
  oils high in essential fatty acids.
• These oils are processed from a variety of
  sources, including borage, evening primrose,
  black currant, flax, pumpkin, perilla and fish.
• Our products are sold in
• soft-gel capsules
• bottles
• bulk oils
• We can also formulate or custom-package to meet
  the specific needs of our customers.
• In 2002, Bioriginal developed LignaMax
• an innovative new flax product
• first functionally viable flax flour
• proprietary manufacturing process
• improved functionality, stability, taste and
  nutrient profile
• ideal for functional food applications

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Our Markets

• Our core market is the North American European
  Health and Nutrition Market.
• Our products are in every health food store in
  North America, and in every pharmacy in Canada.

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Our Markets

• 3. We also sell to the North American pet/vet,
  Direct Order, medical/professional, OTC,
  functional food and cosmetic markets.
• 4. We sell to six continents in all, with
  significant sales to Europe, Japan, and South
  America.

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Our Strategic Alliances

• Agriculture Canada (Canada)
• National Research Council (Canada)
• Croda (England)
• Bolier (Netherlands)
• Arkopharma (US)
• Confidential agreements

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Our Quality Assurance

• Bioriginal has set industry standards. For
  example, we were the first Essential Fatty Acid
  company to
• guarantee that its products meet Codex
  Alimentarus standards for oil quality and safety
• issue Certificates of Analysis for all products
• test all products for pesticide and herbicide
  residues and heavy metals
• DNA test our organic flax to ensure it is non-GMO
• And, we were the first Essential Fatty Acid
  company in Canada to establish pharmaceutical
  level GMP standards for its products and be
  certified as such by a government agency

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Our Quality Assurance

• In addition
• Bioriginals organic products are certified by
  Quality Assurance International and we can
  provide traceability right back to the farm gate
• We assisted the Canadian Natural Health Products
  Directorate to develop monographs for flax and
  borage
• And we are presently registering our products
  with the Canadian Natural Health Products
  Directorate to help maintain Canadas new
  regulations on quality health products
• Bioriginal was one of the first Canadian
  companies to successfully register with the FDA
  in compliance with the US Bioterrorism Act

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Recognition for Our Work

• 2003 ABEX Business of the Year Award
• 2003 ABEX Award Export
• 2003 NRC Canadian Innovation Leader Award
• 2002 ABEX New Saskatchewan Product Award
• 1998 Canadian National Entrepreneur of the Year
  Citation Innovative Product Development
• 1998 Canadian Entrepreneur of the Year Award
  Prairie Region, Agriculture Food
• 1996 Saskatchewan SABEX Award for Business
  Excellence Export
• 1994 Saskatchewan ABEX Award for Business
  Excellence New Venture

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Strengths Challenges

• Our strength is the distribution and sales
  systems we have established for essential fatty
  acids backed by strong scientific support
• Leader in research related to biosynthesis of
  EFAs
• A component of this success is the management of
  a high quality supply chain
• Customized services, including product
  development and formulation for our customers
• Continue to find new ways to expand usage of
  EFAs, address organoleptic/stability issues
• Use strategic partnerships to acquire proprietary
  technologies that maintain product value and
  provide proven efficacy benefits to consumers

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The Value Chain

• Producers
• Ingredient suppliers
• Manufacturers
• Branded Manufacturers
• Distributors
• Retailers

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Areas of Clinical Focus

• Inflammation
• Cardiovascular disease
• Diabetes
• Obesity
• Maternal Health
• Brain Development
• Vision

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Capturing Value

• Seek proprietary and protected IP positions at
  all levels in the value chain
• Enhance existing sources of EFAs and develop new
  sources
• Acquire new delivery systems that expand the use
  of EFAs
• Develop synergistic formulations that enhance the
  health benefits of EFAs
• Develop protect new clinically proven
  applications for EFAs
• Add value to co-products
• Forward integrate up the value chain

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Leverage Through Alliances

• Bioriginal seeks partnerships to leverage its
  resources and strengths
• Partnerships at all levels of the value chain
  RD, production, processing, formulation and
  distribution
• Partnerships are public and private sector based
  and take many forms contractual, JV, RD
  collaborations, strategic alliances, distribution
  supply agreements
• Support of clinical research contributions to
  over 30 clinical studies