Functional Technologies Appoints COO with Experience in Beverage and Biotech

Functional Technologies (OTC Other: FEBTF; TSX-V: FEB) has appointed Kito Tosetti, a seasoned executive in the beverage, food, and biotechnology industries, to the position of Chief Operating Officer.  His responsibilities will initially focus primarily on the comprehensive oversight and direction of Functional Technologies’ operations, and include an active role in increasing the scope of industry applications and markets for the Company’s core products possessing greater value realization opportunities.  The appointment of Mr. Tosetti will enable Mr. Garth Greenham, who remains as President of Functional Technologies, to focus on driving the commercial expansion of the Company’s wine yeast product portfolios, for which the inherent value is growing but has not yet been fully realized.

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