RiceBran Technologies Taps Senior Vice President of Sales Kevin Mosley to Lead Sales and Marketing Team

THE WOODLANDS, Texas, July 12, 2018 /PRNewswire/ --

RiceBran Technologies (NASDAQ: RIBT )(NASDAQ: RIBTW )(RBT), a global leader in the production and marketing of value added products derived from rice bran, today announced that Senior Vice President, Kevin Mosley, has been promoted to Senior Vice President and Chief Revenue Officer. In his new role, Mr. Mosley will assume leadership of the Company's sales and marketing team, replacing outgoing President of Ingredient Sales, Michael Goose, who resigned from the Company to pursue other opportunities.

Brent Rystrom, RBT Chief Operating Officer and Chief Financial Officer, stated, "We are pleased to have Kevin take the helm of our sales and marketing team at RBT as we pivot the company to focus on growth and attaining profitability. Kevin has demonstrated outstanding sales and marketing leadership in his year with the company, making this promotion an easy decision and well-deserved. We look forward to his efforts in further building the team and driving strong sales growth in the years to come. I would also like to thank Michael Goose for his many contributions to the company in helping to navigate our various structural and sales transitions over the past two years, and wish him well in his future endeavors."

Mr. Mosley, who is based in Texas and joined the company in August of 2017, brought over thirty years of global sales management experience in the food & beverage and ingredients industries to RBT. Prior to joining RBT he served as Senior Director, Business Development, Americas, for the food and ingredients division of Celanese where he was responsible for the management of value-added ingredient product introductions into the consumer packaged goods marketplace in that region. Mr. Mosley has also held several prominent sales executive positions at companies including Wild Flavors, ConAgra Brands, The Hain Celestial Group and PepsiCo Foods USA. Mr. Mosley received a Bachelor of Science degree in Marketing from the University of Cincinnati.

Commenting on his new role, Mr. Mosley said, "We have made significant progress over the last year positioning our sales team to successfully deliver on the clean label and non-Allergen trends in the marketplace. RBT provides a high-value product portfolio and I am focused on working together with our whole team to drive meaningful sales growth in target markets including Equine, Bakery & Snacks, Protein, Companion Pet, and Healthy Lifestyle. I am excited to have this opportunity to lead our sales efforts and look forward to maximizing revenue growth and building long-term value for our shareholders for many years."

About RiceBran Technologies 

RiceBran Technologies is a specialty ingredient company servicing the food, animal nutrition, and specialty ingredient products markets. We utilize our proprietary and patented intellectual property to convert rice bran, one of the world's most underutilized food sources, into a number of highly nutritious and clean label ingredient products. The global target markets for our products include food and animal nutrition manufacturers and retailers, as well as specialty food, functional food and nutritional supplement manufacturers and retailers. More information can be found in the Company's filings with the SEC and by visiting our website at http://www.ricebrantech.com.

Forward-Looking Statements 

This release contains forward-looking statements, including, but not limited to, statements about RiceBran Technologies' expectations regarding future sales and revenue growth. RiceBran Technologies does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information can be found in RiceBran Technologies' filings with the Securities and Exchange Commission, including its most recent periodic reports.

Investor Contact:
Ascendant Partners, LLC
Richard Galterio
+1(732)-410-9810
rich@ascendantpartnersllc.com

SOURCE RiceBran Technologies