Both partners have committed to actively engage in the promotion and advancement of OptiCept's PEF system designed for solid food applications. The overarching objective of this alliance is to deliver an exceptional solution to global food producers, enhancing process efficiency and cost management across the spectrum of solid food types.

“It is our belief that this partnership will help meet the growing needs in potato processing equipment but also in the food industry in general. We will be able to offer our customers the tools they need to deliver high-quality products and maintain competitiveness in a rapidly changing industry. Our goal is to combine the leading PEF technology with the market leading food handling solutions available. I lookforward with great excitement to starting our collaboration and introducing innovative PEF systems to the market". Says, Jeffrey Chang, CEO, FPS.

FPS Food Process Solutions (“FPScorp” “FPS”) is a global leader in turnkey equipment for freezing, cooling, frying, and food handling. Founded in 2010, FPS is headquartered in Vancouver, Canada. In addition, the company has international sales offices on six continents and manufacturing on several continents.

"The agreement with FPS is a strategic breakthrough into the solid food market. It opens up this large established market cost-effectively for OptiCept, which is completely in line with our suit and strategy. We see that we can establish ourselves in the market significantly faster and to a greater extent through this deep collaboration”. Says, Thomas Lundqvist, CEO, OptiCept.

Main application areas for the joint PEF solution are processed potato products, dried vegetables, fruit, herbs and frozen foods. Markets that are estimated to be jointly valued at 279 billion Euros annually.

OptiCept's PEF application for solid foods (JÖRD) will be further developed together with FPS. In the collaboration, OptiCept will deliver CEPT generators and FPS will deliver the system that handles and processes the products up to the PEF treatment. OptiCept retains ownership of the patented CEPT technology, but any newly developed technology, developed together and within the framework of the collaboration (solid foods) will be jointly owned.

Both parties will work actively with sales and development of the systems. Profit will be shared 50/50 according to the principle of "open books".