HANOI, Vietnam--([ BUSINESS WIRE ])--Global Stevia Corp. (OTC:BB GSTV)a" (The Company), a farm management company with a strong focus on stevia agronomics, announced today it has incorporated a European subsidiary as part of its EU stevia expansion.
"Specific regions throughout the EU have the perfect climate for producing high quality and significant quantities of stevia. EU companies are rapidly expanding their stevia product portfolios"
Regions of the EU have optimal growing conditions ideal for producing high stevia yields that in turn have high concentrations of sweeteners in the leaf. Demand from major EU sugar, food and beverage companies has exploded since stevia received approval in December 2011.
Global Stevia is planning to focus on an intensive research and development program to optimize stevia quality and yields throughout the region.
aSpecific regions throughout the EU have the perfect climate for producing high quality and significant quantities of stevia. EU companies are rapidly expanding their stevia product portfolios,a says the Companyas CEO, Matthew Christopherson. aWe plan to supply the highest quality stevia to customers in the EU from our stevia operations in the EU.a
Global Stevia Corp. is a management company with a strong focus on stevia agronomics, from plant breeding and best agricultural practices to post-harvest techniques. The Company is heavily invested in facilities and intellectual property in order to provide management services and production facilities to the stevia industry. Global Stevia has operations in both Vietnam and Spain in the European Union.
Further information on the Company can be found at [ www.sec.gov ] and the companyas website at [ www.globalsteviacorp.com ].
For further information, please contact:
Name: Global Stevia Corp Inc.
Telephone: +84 96 601 5062
Address: No. 68 Truong Chinh str., Hanoi, Vietnam
Safe Harbor Statement
Some statements in this news release contain forward-looking information or forward-looking statements for the purposes of applicable securities laws. These statements include, but are not limited to, statements with respect to the ability of the Company to produce stevia in the EU and focusing on an intensive research and development program in the region. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the timing and completion of contemplated financings, the actual use of proceeds, receipt of regulatory approvals and the ability to secure sufficient land for cultivation. In making the forward-looking statements, the Company has applied several material assumptions including, but not limited to, the assumptions that: (1) the proposed corporate development and expansion plans will proceed as planned; (2) market fundamentals will result in sustained commodities pricing and (3) any additional financing needed will be available on reasonable terms. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation. These statements are based on our current plans and expectations and involve risks and uncertainties that could cause actual future events or results to be different than those described in or implied by such forward-looking statements. These risks and uncertainties include those relating to: lack of operating history, transitioning from a development company to an operating company, market acceptance of our products and services; operational difficulties relating to international operations; our ability to form and maintain mutually beneficial relationships with customers and strategic partners; changes in economic, political or regulatory conditions or other trends affecting the food sector, and our ability to attract and retain qualified personnel. Further information about these matters can be found in our Securities and Exchange Commission filings. We expressly disclaim any intent or obligation to update these forward-looking statements.