SOURCE: Sunwin International Neutraceuticals, Inc.
Jan 29, 2009 08:00 ETSunwin International Receives Additional Bulk Rebaudioside A 50 Stevia OrderHighlighted Links
Sunwin International Neut. Inc
MacReport.NetQUFU, CHINA--(Marketwire - January 29, 2009) - Sunwin International Neutraceuticals, Inc. (OTCBB: SUWN) one of the world's leading producers of all natural, zero calorie stevia, announced today that it has received a follow-up order valued at approximately $1 million in addition to its previously announced $850,000 order of Rebaudioside A 50 bulk stevia extract. This second order is expected to be delivered in March and April of 2009 following the deliveries for the initial order in February and March of 2009.
Sunwin sells its stevia products as a dietary supplement in the United States for both retail markets and use in consumer food and beverage products. This follow-up order further confirms the company's strategy to support the company's bulk stevia extract business and the retail package sales opportunity in the US marketplace while advancing US approval plans for its stevia extracts.
Chairman of the company Laiwang Zhang, commented, "This order again confirms the growing interest in stevia following the recent declaration by the United States Food and Drug Administration that stevia is generally recognized as safe for use in food and beverages in the United States, as well as the growing demand for quality extract from reliable suppliers. As one of the largest global stevia producers, and one of the few able to meet stringent quality control requirements of major U.S. food and beverage companies, Sunwin expects to benefit from this growth. Our orders continue to increase and customers are ordering greater quantities of stevia for future deliveries. The company is actively pursuing GRAS status from the FDA as well as addressing the increasing global demand for production capacity. We look forward to continuing our company's growth plans as the market for stevia extracts accelerates."
Company Background:
Sunwin International Neutraceuticals, Inc. engages in the areas of essential traditional Chinese medicine, zero calorie natural sweeteners (stevia), and veterinary medicines and feeds prepared from 100 percent organic herbal ingredients. As an industry leader in agricultural processing, Sunwin has built an integrated global firm with the sourcing and production capabilities to meet the needs of consumers throughout the world. Sunwin also makes such value-added products as specialty veterinary food ingredients and specialty feed ingredients. For more info about Sunwin, please visit http://www.sunwininternational.com
Safe Harbor Statement
In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Sunwin International Neutraceuticals, Inc., is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements.
These statements include, but are not limited to, our ability to produce and deliver the order for RA50 bulk Stevia extract in March and April 2009 as stated above. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the fiscal year ended April 30, 2008 and our reports on Form 10-Q.
CONTACT: Company: Jeff Reynolds 972-377-2339 jreynolds@sunwinusa.com
Investors: Matt Kreps 469-362-5960 matt@magnoliair.com |