Qufu, China, January 15, 2008 - Sunwin International Neutraceuticals, Inc., a leader in the production and distribution of Chinese herbs, veterinary medicines and one of the world's leading producers of all natural, zero calorie Stevia in China, announced today that it has entered into a contract to sell 84 tons of stevioside.
The contract with Qingdao Fan'eng Trading Co., Ltd. to supply 84 tons of stevioside valued at approximately $3.5 million is scheduled to be delivered over the next 10 months at a rate of about 8 tons per month. Sunwin anticipates increased demand for Stevia throughout the year as awareness for the product continues to build worldwide.
Laiwang Zhang, President and Chairman of Sunwin International Neutraceuticals, commented, "We are very pleased with the demand for stevioside that we are seeing over the course of the last several months and we anticipate that demand will continue to increase over the course of 2008. We believe that the demand for our all natural, zero calorie Stevia will continue to increase throughout the world and we remain well positioned to be the leading producer in this rapidly growing industry."
About Sunwin International Neutraceuticals, Inc.
Sunwin International Neutraceuticals engages in the areas of essential traditional Chinese medicine, zero 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.
About OnlySweet™
OnlySweet™ is a proprietary product blended with Stevioside (Stevia), a natural sweetener, extracted from the leaves of the Stevia rebaudiana plant. OnlySweet™ is distributed through Sunwin Stevia International Corp. It is used as a food additive in a wide variety of products, such as beverages, pastries, dairy products, confections and medicinal products in Japan, China, Malaysia, Israel, South Korea, Brazil and other countries. In the United States, OnlySweet™ is a dietary supplement sold in boxes of 100 and 200 sachets. It has zero calories and does not significantly alter blood sugar levels. OnlySweet™ is unique because its Stevia only comes directly from Sunwin International Neutraceuticals, one of the world's largest Stevia manufacturers, assuring consistency and purity.