Stevia First Corp. Reports Excellent California Crop Yields
Nov 05, 2014
Dry Leaf Yields Rival Global Averages and Validate Regional Crop Suitability
SACRAMENTO, CA--Stevia First Corp. (OTCQB: STVF) ("Stevia First" or the "Company"), an agricultural biotechnology company based in California's Central Valley growing region and focused on the industrial scale production of stevia, the all-natural zero-calorie sweetener that is rapidly transforming the food and beverage industry, is pleased to advise that the results from the 2014 growing season have concluded with excellent results and positive news for the future of California grown stevia.
During late August 2014, the Company harvested stevia fields at locations throughout California and the results have shown indications that local stevia dry leaf yields will meet and likely exceed the average globally reported dry leaf yields.
Jeremiah Mann, Ph.D., Stevia First's Senior Agronomist and V.P. of Operations, states, "In addition to observing excellent crop performance we are pleased that working with our grower partners we demonstrated that commonly available agricultural equipment addressed all critical components of stevia production, including planting, weed control, harvest, transport, and storage. And the best part is that we have very good yields, and recognize that we have a lot of room for improvement and innovation at every step of leaf production."
The leaf harvest will be used for ongoing development of the first dedicated North American stevia extraction and purification facilities, along with supplemental efforts aimed at producing stevia sweetener using fermentation in conjunction with traditional agricultural production.
The Company's CEO, Robert Brooke, states that, "We are very pleased with the results of our 2014 agricultural and extract production activities. We hit our primary objectives while continuing to expand our grower community. Stevia can be a valuable addition to the lucrative specialty crop market that California growers are so good at serving."
About Stevia First Corp. (OTCQB: STVF)
Stevia First Corp. is an agricultural biotechnology company that has developed expertise for the production of stevia using fermentation and for improvement of traditional stevia farming and processing methods. The Company is also applying breakthrough technologies in software and the life sciences to develop product applications far beyond stevia and the food and beverage industry. For more information visit: www.steviafirst.com and connect with the Company on Twitter, LinkedIn, Facebook and Google+.
About the Stevia Industry
The market for all-natural, zero-calorie stevia sweeteners is expanding rapidly. The World Health Organization (WHO) estimates stevia intake could eventually replace 20-30% of all dietary sweeteners. The total global sweetener market was estimated at $58.3 billion in 2010. For more information visit: www.steviafirst.com.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27(a) of the United States Securities Act of 1933, as amended and Section 21(e) 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, projections of worldwide sales of stevia products, growth of stevia production and global markets. 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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