VRM Labs owns a novel technology for manufacturing cost effective natural food preservatives for applications in pet food and animal feed industries.· Prot-X is a potent natural antioxidant extracted from animal or avian erythrocytes. It is as efficient as current synthetic antioxidants and provides considerable cost savings compared to current natural antioxidants. VRM Labs has validated the efficacy of Prot-X in a number of food models including beef, turkey and chicken meat, pet food, as well as in a 100% chicken fat and cod oil models. The firm has received strategic support while in academia from the rendering industry to fund development of Prot-X - with those players interested in seeing this technology commercialized. With pet food buyers increasigly interested in products with synthetic components, interest in new natural antioxidants is currently especially high in rendering and pet food industries. However, natural antioxidants are 5-20 times more expensive than synthetic antioxidants, and are not as efficient. · Thus, inexpensive and capable natural antioxidants are of great demand by the industry. · Regulatory agencies also have concerns about some synthetic antioxidants. PROT-X differentiators: VRM's product can be marketed as natural and be considerably less expensive but more efficient than competitors. ·