GLG Life Tech Corporation Announces Launch of AN0C Dream Sweetener Product Line
August 02 2011 - 5:30AM
GLG Life Tech Corporation (Nasdaq:GLGL) (TSX:GLG) ("GLG" or the
"Company"), the vertically-integrated leader in the agricultural
and commercial development of high quality stevia and all natural
and zero calorie food and beverage products, announces that its
newly formed subsidiary, AN0CTM Stevia Solutions has launched
launch a new zero calorie product line called AN0CTM Dream
Sweetener based on GLG's BlendSureTM products. The new products
are: AN0CTM Dream Sweetener x10, AN0CTM Dream Sweetener x30,
AN0CTM Dream Sweetener x60, and AN0CTM Dream Sweetener x100
reflecting their relative sweetness to sugar.
The new AN0C Dream Sweetener product series are made with
different formulations of GLG's BlendSureTM and other natural
components. The AN0C Dream Sweetener products have many
advantages over the high purity stevia extracts products such as RA
97 that are currently available on the international market.
The core advantages to food and beverage companies looking to offer
low or zero calorie products are 1) AN0CTM Dream Sweetener tastes
like cane sugar and has no aftertaste, 2) AN0CTM Dream Sweetener
provides a consistent sweetness for much easier formulation for a
food and beverage company, 3) AN0CTM Dream Sweetener is easy to
handle, unlike typical stevia extracts which come in a light powder
form, 4) AN0CTM Dream Sweetener can reduce the time to market for
food and beverage companies since the major formulation challenges
(aftertaste & consistency of taste from batch to batch) with
high purity stevia extracts have been addressed through our
innovative formulation and 5) AN0CTM Dream Sweetener compares
favorably to the cost of cane sugar and is more cost efficient at
large volumes.
Mr. James Chen, President AN0C Stevia Solutions stated, "My goal
was to create a series of products that overcomes the main
challenges of working with high purity stevia extracts for low and
zero calorie products. Our experience in developing the AN0C
consumer beverage and food products has given us tremendous insight
and knowledge that has gone into the development of the new AN0C
Dream Sweetener product line. The combination use of
GLG's BlendSureTM and additional natural
ingredients provides the consistent and sugar-like taste that
is critical for any beverage or food product. These
traditional problems have been a roadblock for many companies who
wish to launch products sweetened with stevia. I have lived with
these challenges personally and after many years of work we are
pleased to able to share our knowledge through this new product
line. The AN0CTM Dream Sweetener product line has many
beneficial characteristics that make it suitable for use in a wide
range of different beverages and foods."
Dr. Luke Zhang, Chairman and CEO of both GLG Life Tech
Corporation and AN0C stated, "Our expertise and technical knowhow
from high purity stevia extraction through to the formulation of
consumer end products allowed us to launch AN0C Stevia Solution's
first product line based both on our BlendSureTM high purity stevia
extract and our partner's extensive formulation skills in food and
beverage industry. The AN0C Dream Sweetener x10, x30, x60, and
x100 product line was formulated to maintain the best taste while
replacing sugar or artificial sweeteners in different beverage and
food applications. The AN0CTM Dream Sweetener product line
will not only help companies develop products much faster than to
work with a regular high purity stevia extract but also will
provide additional advantages in the manufacturing process of their
beverages and foods based on the increased bulk of the AN0CTM Dream
Sweetener product."
A patent application for this series of new products is in the
process of being filed with the State Intellectual Property Office
in China, and AN0C plans to file a PCT application to attain
international patent protection for this IP. The all natural
products used with BlendSureTM to create the AN0CTM Dream Sweetener
products have all been previously certified under the FDA GRAS
process.
For sales inquiries for the AN0CTM Dream Sweetener product line
please send enquiries to sales@an0c.com.
About GLG Life Tech Corporation
GLG Life Tech Corporation (Nasdaq:GLGL) (TSX:GLG) is a global
leader in the supply of high purity stevia extracts, an all-natural
zero-calorie sweetener used in food and beverages. The Company's
vertically integrated operations cover each step in the stevia
supply chain including non-GMO stevia seed breeding, natural
propagation, stevia leaf growth and harvest, proprietary extraction
and refining, marketing and distribution of finished product. GLG's
advanced technology, extraction technique and premier, high quality
product offerings make it a leading producer of high purity, great
tasting stevia extracts. For further information, please visit
www.glglifetech.com.
The GLG Life Tech Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7994
About AN0C
AN0C focuses on the sale and distribution of all natural zero
calorie food and beverage products in China that are sweetened with
stevia provided by GLG Life Tech Corporation. GLG is a global
leader in the supply of high quality stevia extracts and holds an
80% controlling stake in AN0C with China and Healthy Foods Company
Limited (CAHFC) holding 20%. Dr. Luke Zhang, Chairman and CEO of
AN0C, is supported by an experienced team of senior executives
recruited from the beverage industry in China. For further
information, please visit www.an0c.com.
About AN0C Stevia Solutions
AN0C Stevia Solutions, is a 100% owned subsidiary of AN0C HK,
and focuses on providing naturally sweetened zero and reduced
calorie food and beverage formulations to customers outside
China. All solutions and formulations are natural food
products - natural sweeteners, natural flavours and natural
colours. Mr. James Chen is the President of AN0C Stevia
Solutions.
Forward-looking statements:This press release
contains certain information that may constitute "forward-looking
information" and "forward-looking statements" within the meaning of
applicable Canadian and United States securities laws. All
statements relating to plans, strategies, projections of results of
specific activities or investments, and other statements that are
not descriptions of historical facts may be forward-looking
statements. Forward-looking statements and information are
inherently subject to risks and uncertainties, and actual results
could differ materially from those currently anticipated due to a
number of factors, which include, but are not limited to,
operational risks, the effects of general economic conditions,
changing foreign exchange rates and actions by government
authorities, uncertainties associated with legal proceedings and
negotiations, industry supply levels, competitive pricing pressures
and other risks and uncertainties disclosed in the public documents
filed by the Company with Canadian and United States securities
regulatory authorities. Forward-looking statements and information
may be identified by terms such as "may", "will", "should",
"continue", "expect", "anticipate", "estimate", "believe",
"intend", "plan" or "project", or similar terms or the negatives of
these terms. Although we believe that the expectations reflected in
the forward-looking statements and information are reasonable, we
cannot guarantee future results, levels of activity, performance,
or achievements. The Company's forward-looking statements and
information reflect the beliefs, opinions and projections on the
date the statements are made. The Company assumes no obligation to
update forward-looking information should circumstances or
management's estimates or opinions change, except as required by
law.
CONTACT: Sophia Luke
Vice President of Investor Relations
GLG Life Tech Corporation
+1 (604) 669-2602 Ext 104
ir@glglifetech.com
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