Stevia Corp. Names Expert Agronomist as Chief Scientist for Stevia R&D in Vietnam
(firmenpresse) - INDIANAPOLIS, IN -- (Marketwire) -- 10/20/11 -- (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: .
(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:
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.
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Datum: 20.10.2011 - 07:00 Uhr
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