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Sunwin International Neutraceuticals in Contract to Supply 84 Tons of Stevioside Valued at Approximately $3.5 Million
* Reuters is not responsible for the content in this press release.
QUFU, CHINA, Jan 15 (MARKET WIRE) --
Sunwin International Neutraceuticals, Inc. (OTCBB: SUWN), a leader in the
production and distribution of Chinese herbs, veterinary medicines and one of
the
world's leading producers of all natural, zero calorie Stevia in China,
announced today that it has entered into a contract to sell 84 tons of
stevioside.
The contract with Qingdao Fan'eng Trading Co., Ltd. to supply 84 tons of
stevioside valued at approximately $3.5 million is scheduled to be delivered
over the next 10 months at a rate of about 8 tons per month. Sunwin anticipates
increased demand for Stevia throughout the year as awareness for the product
continues to build worldwide.
Laiwang Zhang, President and Chairman of Sunwin International
Neutraceuticals,
commented, "We are very pleased with the demand for stevioside that we are
seeing over the course of the last several months and we anticipate that demand
will continue to increase over the course of 2008. We believe that the
demand for our all natural, zero calorie Stevia will continue to increase
throughout the world and we remain well positioned to be the leading producer
in this rapidly growing industry."
About Sunwin International Neutraceuticals, Inc.
Sunwin International Neutraceuticals (OTCBB: SUWN) engages 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(TM)
OnlySweet(TM) is a proprietary product blended with Stevioside (Stevia), a
natural sweetener, extracted from the leaves of the Stevia rebaudiana plant.
OnlySweet(TM) is distributed through Sunwin Stevia International Corp. It 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(TM) is a dietary supplement sold in boxes of 100 and 200
sachets. It has zero calories and does not significantly alter blood sugar
levels. OnlySweet(TM) 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
ofthe 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.
CONTACT:
Jeff Reynolds
Telephone: 972-377-2339
Email: jreynolds@onlysweet.com
Copyright 2008, Market Wire, All rights reserved.
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