Sunwin International Neutraceuticals Signs Exclusive Distribution Agreement With Hunan Fuhui Flavors
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QUFU, CHINA, Oct 08 (MARKET WIRE) --
Sunwin International Neutraceuticals, Inc. (OTCBB: SUWN), one of the
world's leading producers of all-natural, zero-calorie stevia in China
and a leader in the production and distribution of Chinese herbs and
veterinary medicines, announced today it has signed an exclusive
distribution agreement with Hunan Fuhui Flavors Co. Ltd. to distribute
Sunwin's stevia extract within Hunan province in China.
Under the terms of the one year agreement, Sunwin will provide marketing
support and technical staff to support Hunan Fuhui's sales efforts within
the province. Additionally, Hunan Fuihui must distribute at least 50 tons
of stevia extract within the first year for this agreement to be subject
to renewal. Hunan Fuhui is an experienced distributor based in the Hunan
province, located in southern China and home to more than 64 million
people.
Commenting on the agreement, Chairman Laiwang Zhang stated, "We are
pleased to secure a strong partner in Hunan Fuhui, whose expertise as a
regional distributor makes them an ideal candidate to increase Sunwin's
presence in Hunan province where stevia is commonly used as a natural
sweetener. We have recently completed a number of expansion programs to
increase our total stevia production capacity and we are particularly
excited to expand our marketing efforts in this important domestic
market. We look forward to this new partnership as we continue pursue
opportunities both in China and throughout the globe to expand revenue
and profits in our stevia operations."
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
natural 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
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 guidance and expectations regarding
revenues, net income and earnings.
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, 2009.
CONTACT:
Company:
Jeff Reynolds
972-377-2339
jreynolds@sunwinusa.com
Investors:
Matt Kreps
The Shelton Group
972-239-5119 ext 125
mkreps@sheltongroup.com
Copyright 2009, Market Wire, All rights reserved.
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