RiceBran Technologies Appoints Dennis Dykes as Chief Accounting Officer

SACRAMENTO, California, June 27, 2017 /PRNewswire/ --

RiceBran Technologies (NASDAQ: RIBT; RIBTW) ("RBT" or "Company"), a global leader in the production and marketing of value-added products derived from rice bran, today announced the appointment of Dennis Dykes as Chief Accounting Officer reporting directly to Brent Rystrom, RBT's Chief Financial Officer.

"We are delighted to elevate Dennis to this newly created executive position at RBT at such an important and exciting time for the Company," said Brent Rystrom, RBT's Chief Financial Officer. "His depth of financial experience, coupled with his hands-on knowledge of our business, makes him the perfect candidate for this significant leadership role.  I am confident that his contribution will be invaluable as we continue to grow and build lasting value for our Company and its stockholders."

Mr. Dykes joined RBT in May of 2014 as corporate controller, where he supervised accounting and finance functions, including general ledger accounting, internal financial reporting, accounts receivable and accounts payable.  In March 2015, he became the Company's Vice President of Accounting and Compliance, where he managed accounting and reporting functions, including SEC reporting, general ledger accounting and corporate internal controls compliance beginning in March 2015. Prior to joining RBT, Mr. Dykes garnered nearly 20 years of business accounting and operations experience in multiple industries with companies including Avella Specialty Pharmacy and Carrier Commercial Service. He has served in several finance and operations leadership roles including a consulting practice focused on accounting, tax and legal transactions.  Mr. Dykes has a B.A.A. in Accounting and a B.A. in Business Administration from St. Ambrose University and a J.D. from Whittier Law School.  He is a certified public accountant in Arizona as well as Illinois.  

About RiceBran Technologies 

RiceBran Technologies is a food and animal feed ingredient company focused on the procurement, bio-refining and marketing of numerous products derived from rice bran. RiceBran Technologies has proprietary and patented intellectual property that allows us to convert rice bran, one of the world's most underutilized food sources, into a number of highly nutritious food and feed ingredient products.  Our global target markets are food and feed 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-portion of additional disclosure 

This release contains forward-looking statements, including, but not limited to, statements about RiceBran Technologies' expectations regarding growth and building future value.  These statements are made based upon current expectations that are subject to known and unknown risks and uncertainties, including the risk that if RBT determines to complete a reverse stock split in the future, RBT's shareholders may not provide the requisite approval.   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 this press release and in RiceBran Technologies' filings with the Securities and Exchange Commission, including its most recent periodic reports.

Investor Contact: 
Ascendant Partners, LLC  
Richard Galterio  
+(732)410-9810  
[email protected]

SOURCE RiceBran Technologies