INDIANAPOLIS, IN--(Marketwired - Sep 26, 2013) - Stevia Corp. (
Stevia Corp. has developed a full line of proprietary products for aquaculture applications which will be marketed and sold in several Asian countries starting October 2013 with plans to enter South America in 2014.
George Blankenbaker, Stevia Corp. President, comments, "We have been building a pipeline of proprietary products during the past year while conducting dozens of trials and tests in several countries, and based on the successful results and positive feedback, we believe that we can rapidly expand market share during 2014."
Mr. Blankenbaker further comments, "Our cooperation with Technew Technologies announced in July 2012 is starting to pay big dividends, and we expect to continue to introduce new pipelines of advanced products leveraging the stevia plant's medicinal health properties to maintain our leadership."
Over half the world's supply of seafood now comes from aquaculture which is nearly a $100 billion market with Asia being the largest producer. Approximately 90% of all U.S. shrimp consumption is farmed and imported. The stevia extract acts as both a feed attractant and herbal additive when used as a feed supplement and has been shown to improve both yield and quality.
Mr. Blankenbaker explains, "Consumers are very concerned about the quality of the seafood they eat and they are especially concerned about the use of antibiotics and growth hormones which are still prevalent in many seafood operations. Stevia Corp. has developed protocols and proprietary products combining stevia extract, probiotics and enzymes to provide an economical solution to grow seafood free of antibiotics and growth hormones in a sustainable manner and produce the healthy seafood consumers are demanding."
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, as amended, filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information visit: www.steviacorp.us.
About Stevia Corp. (
Stevia Corp. is a farm management company focused on best practice agronomic competency in order to deliver high value crops through proprietary plant breeding, excellent agricultural methodologies and innovative post-harvest techniques. 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. 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, marketing and distribution plans, expansion of market share in 2014, introduction of new products, size of aquaculture market, 90% of shrimp consumption in the U.S. is imported, 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.