http://www.marketwire.com/mw/release.do?id=819996&k=sunwin
Feb 12, 2008 08:00 ET
Sunwin Announces New Initiative to Advance Bulk Stevia Sales, and Explore Strategic Partnerships
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Sunwin International Neut. Inc.
FRISCO, TX--(Marketwire - February 12, 2008) - Sunwin International Neutraceuticals, Inc. (OTCBB: SUWN), a leader in the production and distribution of Chinese herbs, veterinary medicines and one of the leading producers of all natural, zero calorie stevia in China, announced today that its North American segment, Sunwin USA, Inc. will implement a new effort to advance the company's bulk stevia sales and strategic partnerships in North America and Europe. The company's proprietary blended dietary supplement, branded under the name OnlySweet? continues to witness strong demand, and will remain a key component of the company.
Management of both Sunwin International Neutraceuticals, Inc. and Sunwin USA, Inc. completed a series of strategic planning meetings in Dallas, Texas and have identified significant opportunities in North America and Europe for their high grade bulk stevia products. As a result of the increased capacity of Sunwin's stevia production facilities and the growing demand for stevia across the world, Sunwin is poised to take advantage of these opportunities.
Major international food and beverage companies have launched initiatives seeking approval from various government agencies for the use of stevia as a food additive in products ranging from drinks to an assortment of cookies, cakes and other food products. Management believes that these initiatives, if successful, could exponentially increase demand for stevia and the company is seeking to create strategic partnerships with consumer product companies who are evaluating the use of stevia in their products in these markets as well as those markets where the use of stevia as a food additive is already approved.
Jeff Reynolds, President and CEO of Sunwin USA, Inc. stated, "The number of retailers carrying our OnlySweet? product in the United States represents a significant achievement. The response from consumers in the United States clearly demonstrates the growing demand for all natural, low calorie alternatives. This initiative will focus on developing strategic partnerships with global consumer products companies seeking to incorporate stevia in their products to satisfy the growing demand."
Laiwang Zhang, President and Chairman of Sunwin International Neutraceuticals, Inc. commented, "On a global scale, consumers recognize the tremendous value of stevia. Recently we announced our increased production capacity, in an effort to satisfy growing demand. This new effort will seek to develop strategic partnerships that will solidify our position as a worldwide leader in the production of quality stevia."
About Sunwin International Neutraceuticals, Inc.
Sunwin International Neutraceuticals, Inc. (OTCBB: SUWN) is engaged in the areas of essential traditional Chinese medicine, zero calorie natural sweetener (stevia), and veterinary medicines and feeds prepared from 100% 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.sunwin.biz.
About OnlySweet?
OnlySweet? is a proprietary product blended with Stevioside (stevia), an all natural, zero calorie, naturally sweet dietary supplement, extracted from the leaves of the stevia rebaudiana plant. OnlySweet? is blended and packaged in the United States, and is distributed by SUNWIN USA, Inc. in over 3000 grocery stores in the United States. Stevia is used as a food additive in a wide variety of products, such as beverages, pastries, dairy products, confections and medicinal products in Japan, China, Malaysia, Israel, South Korea, Brazil and other countries. In the United States, OnlySweet? is a dietary supplement sold in boxes of 100 and 200 packets. It has zero calories and does not significantly alter blood sugar levels. OnlySweet? is unique because its stevia only comes directly from Sunwin International Neutraceuticals (OTCBB: SUWN), one of the world's largest stevia manufacturers, assuring consistency and purity.
Safe Harbor Statement
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations or beliefs, including, but not limited to, statements concerning the Company's operations, financial performance and, condition. For this purpose, statements that are not statements of historical fact may be deemed to be forward-looking statements. The Company cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, but not limited to, the impact of competitive products, pricing and new technology; changes in consumer preferences and tastes; and effectiveness of marketing; changes in laws and regulations; fluctuations in costs of production, and other factors as those discussed in the Company's reports filed with the Securities and Exchange Commission from time to time. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
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