Stevia Corp. Commences Commercial Sales of Bio-Formulas Designed for Aquaculture Use
October 23 2013 - 9:25AM
Marketwired
Stevia Corp. Commences Commercial Sales of Bio-Formulas Designed
for Aquaculture Use
Company Targets Increased Operating Margins With Growth of New
Revenue Stream
INDIANAPOLIS, IN--(Marketwired - Oct 23, 2013) - Stevia
Corp. (OTCQB: 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 provide an update regarding sales of its proprietary
products.
The Company advises that its proprietary aquaculture focused
products (as previously discussed in a September 26, 2013 press
release) are now being marketed and sold in several Asian countries
with plans to enter South America in 2014. These innovative
products include a line of specialized water conditioners and a
high quality feed additive that can be used for both shrimp and
finfish.
George Blankenbaker, Stevia Corp. President, comments, "Based on
our trial results and subsequent customer orders, we expect to ramp
up sales rapidly over the next two quarters and believe that our
bio- formula product line which is focused on aquaculture
applications, has the potential to become the largest contributor
to our bottom line within a year."
Mr. Blankenbaker further adds, "The key to our products' success
is their effectiveness and economic advantage to the
operator. This is translating into a very cost effective
marketing strategy by providing product samples to operators which
results in immediate orders. In addition, initial sales
indicate that we will be able to achieve substantially higher sales
margins compared to our agri-crops."
Stevia Corp. is also leveraging its position to market its
customers' products under the Stevia Quality Mark emphasizing the
naturally fed and sustainably produced attributes of the seafood
produced using the Company's products.
Mr. Blankenbaker concludes, "It is analogous to the 'Intel
Inside' concept where we are creating value by branding our
technology while simultaneously enhancing the image and value of
our customers' products."
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. (OTCQB: STEV) 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, sales forecast, potential success
of bio-formula product line, sales margins, 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.
Contact: Investor Relations Crescendo Communications, LLC Email:
stev@crescendo-ir.com Tel: +1-888-940-4050 Web:
www.steviacorp.us
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