QUFU, China, Nov. 26, 2012
QUFU, China, Nov. 26, 2012 /PRNewswire/ -- Sunwin Stevia International, Inc. "Sunwin" (OTC.QB:SUWN) one of the top global providers of high quality stevia extracts including Rebaudioside A 98, announced today that it has begun to market six of its proprietary formulations developed in conjunction with WILD Flavors, Inc. to food manufacturers in China.
The six formulations are designed to use stevia grades ranging from Reb-A60 to Reb-A80 for table top products as well as blends to be used in baking. The use of these grades of stevia can enable the development of less costly alternatives for food manufacturers seeking to provide stevia based products in the China marketplace. Sunwin intends to market these formulations to various food manufacturers to develop licensed "private label" products made with Sunwin Stevia. Sunwin believes that this strategy will help it expand its domestic distribution base in China as the use of stevia becomes more prevalent domestically and abroad.
"We are excited to begin this new marketing effort in China to help expand the use of our Sunwin Stevia;" commented Dongdong Lin, CEO of Sunwin Stevia International. "We have invested substantially in this development effort along with our partner WILD Flavors to produce these formulas for use with lower and more inexpensive grades of stevia and believe this is the right strategy to help us further grow our core stevia distribution business. We believe that by assisting food manufacturers in developing cost effective 'private label' stevia products we can expand our sales and develop long term distribution channels for Sunwin Stevia for years to come."
About Sunwin Stevia International, Inc.
Sunwin Stevia International, Inc. engages in the areas of zero calorie, all natural sweeteners (Sunwin Stevia™ Extracts). 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. For more info about Sunwin, please visit http://www.sunwininternational.com
Safe Harbor Statement
Sunwin Stevia International, 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 expectations regarding the costs of development of stevia based products and our belief regarding the future growth of our stevia distribution business and our expectations regarding future sales and distribution channel development. 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, 2012.
SOURCE Sunwin Stevia International, Inc.