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 the
Company will hold a joint conference on August 29, 2011 in Beijing
with the Chinese government. There are two objectives for this
event. The first objective is to highlight the benefits of
all-natural zero-calorie stevia and how growing it is helping the
Xiaogang Rural Economic Development Project, and that stevia
sweetened beverage and food products will improve China's health
and wellness. The second objective is to formally announce the
launch of six main beverage product lines as well as four
functional drinks that are zero calorie and sweetened with stevia
nationwide. GLG and AN0C will be the first company to have such an
extensive line of zero calorie stevia sweetened products
distributed nationally in China.
This event will strengthen the communication of the Xiaogang
economic development success story and the major role that the AN0C
business played in its development, and education of the Chinese
people on the importance of diet in their health and wellness. Key
government leaders will be participating to discuss the Xiaogang
rural development model and the role that the AN0C business has
played in its success. The media event is a unique opportunity that
brings together AN0C™ branded products, the original Xiaogang
farmers with their government officials to join hands alongside
China's key health organizations and industry associations to
recognize and celebrate the value that all-natural zero-calorie
stevia offers the country, economically and for health and
wellness.
More than 10 national leading health experts, including
Professor Hong Zhao Guang, whose books or TV shows have been read
or watched by over 200 million middle class people in China, will
be participating in this important event to help in the education
and awareness of diet in furthering better health and wellness.
AN0C will be offering its zero calorie beverage products to be
sampled by the participants attending the event. Those being tasted
will include AN0C products that are already available in stores
nationwide such as ready-to-drink teas and vitamin enriched waters.
Other soon to be launched products such as juice milks, carbonated
soft drinks, children's drinks and herbal teas will also be
available for sampling.
China's National Olympic Swim Team will also be at the event for
an official signing ceremony with AN0C company officials to
celebrate the recent sponsorship agreement. The swim team is
exclusively endorsing the AN0C™ brand of ready-to-drink line of
teas.
The event is expected to be well attended, including many
China-based local and foreign media are expected to
participate.
Dr. Luke Zhang, Chairman and CEO of both GLG Life Tech
Corporation and AN0C enthusiastically stated, "This event will
really demonstrate how quickly China has embraced the potential of
stevia sweetened products and how AN0C's zero calorie stevia
sweetened products not only taste good but also reduce the amount
of sugar intake for consumers. Our Company strongly supports the
Government's efforts to promote health and wellness to the Chinese
people through a better diet and a reduction in daily sugar intake.
We are also very proud of our contribution to the economic
development of Xiaogang Village that has brought increased
prosperity to this rural area through value-added farming of stevia
and local jobs. We are also pleased to see leading health experts
and recognized national health societies joining us for this event.
I am very pleased to see that the years of dedicated research and
development we have devoted to stevia as a 'third generation
sweetener' is now being recognized by so many at a national level
within China and globally."
Katzu Cheng, President of AN0CTM said, "We are delighted to have
this opportunity to share in an update on AN0C's success to date
and give everyone an opportunity to try our new beverages. By the
end of October of this year, we plan to have launched 36 new
beverage SKUs, nationally."
GLG and AN0C are in a strong position to bring healthier food
and beverages to Chinese consumers and in so doing help combat
serious health issues facing the nation today - obesity and
diabetes. As a result of these initiatives, GLG and its joint
venture AN0C™ business continue to receive key support from the
local Xiaogang government, the Anhui Provincial government and the
Central government.
Details of the press conference are as follows:
Time: |
From 9:00 to 11:00 am on Monday August
29th |
Location: |
Beijing Diaoyutai State Guesthouse |
Address: |
No.2 Fucheng Road, Haidian District, Beijing,
China 100830 |
This event is expected to attract considerable domestic
attention. Due to the limited number of invitations available for
attending, we encourage you to contact us immediately if you plan
to join us in Beijing, China. Please address your interest to:
Charles Tremewen |
Director of Marketing + Communications |
+604-669-2602 Ext. 103 |
charles.tremewen@glglifetech.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 Diaoyutai State Guesthouse
The Diaoyutai State Guesthouse is a historic
hotel and guesthouse complex in Beijing, China. It includes a
number of buildings, houses and gardens. The name "Diaoyutai" means
"angling platform", and is so named because the site was a
favourite fishing spot of Emperor Zhangzong of Jin China. The hotel
complex was also mentioned as one of the Ten Great Buildings, a
list of landmarks constructed in 1959 for the 10th anniversary of
the People's Republic of China. The Guesthouse is used to house
visiting foreign dignitaries and provincial government officials.
During the Cultural Revolution, it was the permanent residence of
Jiang Qing, or Madame Mao. The Guesthouse is located in Beijing's
Haidian District, to the west of Sanlihe Road and to the east of
Yuyuantan Park.
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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