Qufu, China April 25, 2006 (Market Wire) - Sunwin International Neutraceuticals, Inc. (OTCBB: SUWN), an industry leader in the production and distribution of Chinese herbs, veterinary medicines and low calorie sweetener (Stevia) in China, announced today that the company's Stevia production at their newly constructed facility has reached 22 to 25 tons per month or 260 to 300 tons per year following a major renovation effort commenced in 2005.
In the first three months of 2006, the company has received purchase orders in excess of 125 tons of Stevia, a 100% increase compared to same period in 2005, or 80% of Sunwin's Stevia production for the entire 2005 fiscal year. The company's production of Stevia during 2005 was reduced due to construction of the new Stevia production facility.
Due to increase global demand and consumption of Stevia, Sunwin plans to outsource a certain percentage of Stevia production to third parties. Management estimates to produce 260 tons to 300 tons of Stevia at our own new facility while outsourcing an additional 150 tons to 200 tons for fiscal 2007. Sunwin's Stevia division alone could achieve approximately $12 to $15 million in annual sales in the coming fiscal year, prior to any potential acquisitions, and the potential Stevia sales in North America.
Stevia, a natural sweetener extracted from the leaves of the Stevia rebaudiana plant, is used as a food additive in a wide variety of products such as beverages, pastries, dairy products, candies, confections, and medicinal products in Japan, China, Malaysia, Israel, South Korea, the Pacific Rim, Brazil , and numerous Latin American countries.
Japan, known worldwide as having healthy dietary habits with a population of over 127 million people, utilizes Stevia for 30% to 40% of their entire sweetener consumption including sugar. Stevia is used as a sweetener by some of the largest North American food and beverage manufacturers in their Japanese production facilities. The population of countries that currently use Stevia as a sweetener exceeds two billion worldwide. Currently the FDA requires Stevia to be labeled as a dietary supplement for sale in the U.S.
Mr. Laiwang Zhang, Chairman and President of Sunwin International commented, "We believe Stevia is the sweetener of the future. The human body does not metabolize the sweet glycosides (they pass right through the normal elimination channels) from the leaf or any of its processed forms; therefore, the body retains few if any calories from Stevia. For those who have blood sugar, blood pressure, diabetic or weight problems, Stevia is an excellent supplement to their daily diet."
Mr. Zhang concluded, "Our goal is to increase Stevia production to 800 to 1,000 tons per year by the end of 2007.Furthermore we plan to move forward with our marketing campaign to access the U.S. consumer market.Lastly we will continue our M&A strategy as we are presently reviewing several Stevia production facilities for acquisition."
About Blue Chip Marketing and Communications
Blue Chip Marketing & Communications is a full-service agency specializing in consumer packaged goods, retail grocery, and health & wellness. Blue Chip is particularly recognized for its leadership in customer-marketing and patient recruitment for clinical trial marketing, as well its commitment to helping manufacturers and retailers understand the benefits of health and wellness marketing. Blue Chip's nine divisions include: Advertising, Co-Marketing, Health & Wellness, Media Management, Sales Promotions, Direct Marketing, Public Relations, Sponsorship Management, and Multi-Cultural Marketing & Promotions. Blue Chip clients include: Albertsons, Call One, Essential Patient Recruitment, Home Run Inn, Gorton's, Novartis Consumer Health Care, On-Cor Frozen Foods, Procter & Gamble and Stuart Weitzman. For more information about Blue Chip Marketing and Communications, please visit http://www.bluechipmac.com
About Sunwin International Neutraceuticals, Inc.
Sunwin International Neutraceuticals, Inc. (OTCBB: SUWN) is engaged in the areas of essential traditional Chinese medicine, low-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. The Sunwin family works closely with consumer to provide a quality and a hybrid mix of agricultural products and services that meet growing demand. For more info about Sunwin, please visit http://www.sunwin.biz
Safe Harbor Statement
Certain of the statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Reported results should not be considered as an indication of future performance. More information about the potential factors that could affect the Company's business and financial results is included in the Company's filings, available via the United States Securities and Exchange Commission.
Contact:
Tel: 1-877-CHINA-57
Email: info@sunwin.biz
|