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Stevia Corp. Announces Deputy Scientist for High Yield Stevia Crop Development Program in Vietnam

 

INDIANAPOLIS, IN--Stevia Corp. (OTCBB: STEV) ("Stevia Corp." or the "Company"), a farm management company focused on the economic development of Stevia, the fastest growing product in the alternative sweetener sector, is pleased to introduce Dr. Nguyen Van Dan to the position of Deputy Scientist for program development in Vietnam.

Dr. Dan is an expert horticultural researcher, engineer and scientist specializing in biotechnology driven genetic research and leading edge plant breeding technologies. He is currently an Agricultural Specialist with Agro Genesis Pte Ltd and was previously the principal research engineer and project manager for the R&D Center - IC Food Co., Ltd and University Industry Collaboration Foundation program at Chungnam National University in Korea. Leading up to his doctoral degree he commenced his efforts between 1992 and 1997 with the genetics department, faculty of biology, Hanoi National University where he developed a thesis which led to intensive research into plant tissues and cell cultures for the Center for Experimental Biology at the National Center for Technological Progress (NACENTECH) between 1998 and 2005, eventually leading to advanced studies into molecular genetics & genomics at the Department of Horticulture, College of Agriculture and Life Sciences at Chungnam National University (2005-2007), which led to eventual doctoral studies and completion of his PhD in the field.

Mr. George Blankenbaker, Stevia Corp. President, comments, "Once again our development agreement with Agro Genesis provides us with expert services in the person of Dr. Dan. He will be based full time in Vietnam where he will assist Dr. Cho, our Chief Scientist for Stevia development. Dr. Dan will also focus on the development of multi/inter-cropping techniques, which is the practice of growing additional crops in the same space or within close proximity or in close rotation. When done correctly, many agronomic benefits are achieved including biodiversity, which provides a habitat for a variety of soil organisms and insects that would not be present in a single-crop environment. This in turn leads to both an increase in soil fertility as well as an increased resistance to outbreaks of crop pests enabling us to ensure large stable yields maximized for commercial productivity. We are looking forward to working with Dr. Dan and are very pleased to have his valuable expertise on the ground helping to research solutions which are key to successfully commercialize Stevia."

Further details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information visit: www.steviacorp.us.

About Stevia Corp. (OTCBB: STEV)
Stevia Corp. is a farm management company focused on best practice agronomic competency in order to deliver high value stevia through proprietary plant breeding, excellent agricultural methodologies and innovative post-harvest techniques. To date, the Company has acquired two grower supply contracts and three nursery fields in Vietnam. For more information visit: www.steviacorp.us

About the Stevia Industry Sector
Within two years of the USA market opening, Nielsen-based retail consumption data indicated almost $1 billion of retail sales for the sector. Market research group, Mintel, has said it expects sales of stevia sweetened products to top $2 billion in 2011. In 2010, stevia products were launched across thirty-five countries and in 38 categories. Zenith International estimates worldwide sales of stevia extract reached 3,500 tons in 2010 with an overall market value of $285 million and forecasts the global market for stevia will reach 11,000 tons by 2014 requiring the tripling of stevia leaf production at the farm level to keep pace with consumer demand. For more information visit: www.steviacorp.us

Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, potential future acquisitions, implementation of effective farm systems, the development of new business opportunities, worldwide sales of stevia extract and sweetened products, growth of stevia leaf production and growth of stevia global market. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission. 

 

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Company Overview

Stevia Corp invests heavily in R&D and IP acquisition and manages its own propagation, nursery and plantations as well as provides services to contract growers and other industry growers…

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Stevia Corp delivers a full spectrum of agriculture solutions for stevia growers.