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Stevia Corp. President Discusses Commercialization Plans

Blankenbaker Delivers First in Series of 3 Articles Detailing Advances and Advantages

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 offer insights regarding key aspects of its commercialization plans.

Pursuant to Stevia Corp.'s previously announced registration of Stevia Asia Limited ("SAL"), a wholly owned subsidiary of Stevia Corp., the Company will begin commercialization of stevia supplemented feed additives in June. This event marks a significant milestone for the Company as it matures from pure development with the commencement of commercial activities and revenue generation.

Feed additives are a $15 billion market and provide an important value add market for Stevia Corp to vertically integrate downstream within the Company's core competency.

George Blankenbaker, Stevia Corp. President, comments, "Now that we are completing our commercial trials to produce stevia, it is critically important that we identify and act on opportunities to maximize our revenues and profits. Research is showing that stevia is not only good for humans, but it is good for animals as well."

Blankenbaker further explains, "Everyone is aware of the zero calorie sweetener market and that this ongoing market success will continue to be the main driver for the stevia industry. Stevia Corp. is perfectly positioned to be a major supplier of leaf and extract to the industry, but to participate in the downstream profits requires significant investment, business development and/or acquisition opportunities. Conversely, Stevia Corp. can immediately apply stevia to feed additive formulations and participate in the rapidly growing value-add downstream market under its existing farm management business model with the potential for significantly increased profits."

Global consumer awareness has brought about the rise in demand of healthy and safe animal derived food which sparked a complete ban on antibiotics usage as growth promoters in the European Union in 2006 and the U.S. in 2009 creating a huge demand for safe natural feed additives that improve the growth rate and health of animals.

Blankenbaker concludes, "Our products meet this demand perfectly and Stevia Corp. intends to promote a Stevia Quality Mark for products produced under our management to build brand value that equates to safe quality foods. Given the extraordinary potential from this opportunity, an important component of this program may include developing or acquiring a patent portfolio to maximize our IP value as well."

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. 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, timing of commercialization of stevia supplemented food additives, commencement of commercial activities, timing of revenue generation, integration of feed additives into the Company's business, demand for natural feed additives, potential pursuit of intellectual property protection, product development and marketing, branding, business strategy, worldwide sales of stevia extract and sweetened products, growth of stevia leaf production and growth of the 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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This website contains historical and archived press releases for Stevia Corp. The information in these press releases is historical in nature, has not been updated, and is current only to the date indicated in the particular press release. This information may no longer be accurate and therefore you should not rely on the information contained in these press releases. To the extent permitted by law, Stevia Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission.



Company Overview

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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Company Overview

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