Vancouver, B.C. October 28, 2015 – The Canadian Beverage Association (“CBA”) has established a new initiative to reduce caloric intake from non-alcoholic beverages by 20% over the next ten years. The CBA described this initiative as “a substantial and unique voluntary effort by an industry to help fight obesity” and expects that it “will transform the beverage landscape in Canada.” The initiative includes a commitment “to provid[e] consumers with more low- and no-calorie choices.”
GLG Life Tech Corporation (TSX: GLG) (“GLG” or the “Company”), a global leader in the agricultural and commercial development of high-quality zero-calorie natural sweeteners, applauds the CBA’s healthoriented focus and its firm commitment to reducing caloric intake among Canadian consumers. GLG has proven natural zero-calorie sweetener solutions already in use in global beverage applications that have successfully reduced calories by 20% and at significantly higher levels. As a proud Canadian company, we are looking forward to working with CBA members in reaching their calorie reduction goals.
GLG’s natural product portfolio includes zero-calorie stevia and monk fruit extracts, proprietary blends and other functional natural ingredients. GLG also has extensive beverage formulation experience and is ready to demonstrate its expertise to the CBA and constituent companies in developing both low- and nocalorie beverages.
For more information, please visit GLG’s website at www.glglifetech.com or contact:
Shaun Richmond, Vice President of Sales
Phone: +1 (604) 669-2602 ext. 110
Fax: +1 (604) 662-8858
Email: [email protected]
About GLG Life Tech Corporation
GLG Life Tech Corporation is a global leader in the supply of high-purity zero calorie natural sweeteners including stevia and monk fruit extracts used in food and beverages. GLG’s vertically integrated operations, which incorporate our Fairness to Farmers program and emphasize sustainability throughout, cover each step in the stevia and monk fruit supply chains including non-GMO seed and seedling breeding, natural propagation, growth and harvest, proprietary extraction and refining, marketing and distribution of the finished products. Additionally, to further meet the varied needs of the food and beverage industry, GLG has launched its Naturals+ product line, enabling it to supply a host of complementary ingredients reliably sourced through its supplier network in China. For further information, please visit www.glglifetech.com.
Forward-looking statements: This press release may contain certain information that may constitute “forward-looking statements” and “forward looking information” (collectively, “forward-looking statements”) within the meaning of applicable securities laws. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes” or variations of such words and phrases or words and phrases that state or indicate that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.
While the Company has based these forward-looking statements on its current expectations about future events, the statements are not guarantees of the Company’s future performance and are subject to risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Such factors include amongst others the effects of general economic conditions, consumer demand for our products and new orders from our customers and distributors, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations, industry supply levels, competitive pricing pressures and misjudgments in the course of preparing forward-looking statements. Specific reference is made to the risks set forth under the heading “Risk Factors” in the Company’s Annual Information Form for the financial year ended December 31, 2015. In light of these factors, the forwardlooking events discussed in this press release might not occur.
Further, although the Company has attempted to identify factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.