Stevia Corp. Names Expert Agronomist as Chief Scientist for Stevia R&D in Vietnam
October 20 2011 - 9:00AM
Marketwired
Stevia Corp. (OTCBB: STEV) ("Stevia Corp." or
the "Company"), a farm management company focused on the economic
development of Stevia, the fastest growing product in the
alternative sweetener sector, is pleased to welcome Dr. Young Cheol
Cho to the position of Chief Scientist.
Dr. Cho is an agronomist specializing in crop breeding &
cultivation, crop physiology and quality improvements in
agriculture & life sciences. His scope of work involves
planning, organizing and administering the managerial functions of
advanced farming processes along with leading experimental farm
programs and projects requiring the implementation of complex
research procedures under commercialized farm conditions.
Throughout much of his career he has been deeply involved in the
research and development of crops and management of commercial
farms tasked with establishing cultural practices and breeding of
rice, ginseng, Job's tears, soybean and scutellaria to improve crop
yield, quality and processing. Under Stevia Corp.'s development
agreement with Agro Genesis, Dr. Cho from Agro Genesis will be
based in Vietnam to spearhead the development of Stevia.
Dr. Cho enjoyed undergraduate and advanced education at Seoul
National University where he studied Agronomy specializing in Crop
Breeding & Culturing in Crop Science. He is a member of the
Korean Society of Breeding Science, Korean Society of Crop Science,
Korean Society of Medicinal Crop Science, and Korean Society of
Agricultural and Forest Meteorology.
Mr. George Blankenbaker, Stevia Corp. President comments,
"Through our development agreement with Agro Genesis we are
extremely fortunate that they have provided us with the expert
services of Dr. Cho on a dedicated full time basis. He will be
living in Vietnam where he will assemble a team of experts to lead
and accelerate our field program targeting the yield and quality of
our Stevia products through the application of superior agronomics
and innovation. We wish to welcome him to the team and look forward
to his participation in our growing Company."
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 filed with the Securities and
Exchange Commission's ("SEC") EDGAR database. For more information
visit: www.stevia.co.
About Stevia Corp. (OTCBB: STEV) Stevia
Corp. is a farm management company focused on best practice
agronomic competency in order to deliver high value stevia through
proprietary plant breeding, excellent agricultural methodologies
and innovative post-harvest techniques. To date, the Company has
acquired two grower supply contracts and three nursery fields in
Vietnam. In 2010, stevia products were launched across thirty-five
countries and 38 categories. Within two years of the USA market
opening, Nielsen-based retail consumption data indicated almost $1
billion of retail sales. Market research group, Mintel, has said it
expects sales of stevia sweetened products to top $2 billion in
2011. 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 requiring the tripling of stevia leaf
production at the farm level to keep pace with consumer demand. For
more information visit: www.stevia.co
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, growth of
stevia global market, plans to expand stevia production, use of
resources, the development of new business opportunities, and
projected costs, revenue, profits and results operations. 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.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: Investor Relations Crescendo Communications, LLC
Email: stev@crescendo-ir.com Tel: +1-888-940-4050 Web:
www.stevia.co
Stevia (PK) (USOTC:STEV)
Historical Stock Chart
From Jun 2024 to Jul 2024
Stevia (PK) (USOTC:STEV)
Historical Stock Chart
From Jul 2023 to Jul 2024