Sunwin International Neutraceuticals, Inc. (OTCBB: SUWN), Domino
Foods, Inc. (Domino Sugar), and WILD Flavors GmbH (WILD) have
entered into an collaboration agreement to support the food and
beverage industry by offering all natural sweeteners made from all
natural products such as cane sugar, rice, malt and stevia. The
three companies have agreed to partner in an unprecedented fashion
to focus their company's efforts to introduce a wide range of all
natural, low calorie and no calorie sweetening solutions that
contain Sunwin Stevia™. These innovative sweeteners can include
both natural and artificial sweeteners plus sophisticated flavor
modifiers based on the needs and demands of specific customers.
Domino Sugar is the largest marketer of refined sugar in the
United States and its affiliates produce and market the nationally
recognized Domino®, C&H® and Florida Crystals® brands. In
addition to the most comprehensive assortment of refined cane sugar
products, Domino also produces brown rice syrup, evaporated cane
juice, fondants, honey, invert sugar, malt, molasses, as well as
flavor and texture modifiers. Based on this wide assortment of
sweeteners, Domino has built long-term, outstanding business
relationships with many consumer product companies, retailers,
foodservice operators and distributors.
WILD Flavors is a worldwide leader in natural flavor and
ingredient systems as well as individual components including:
natural flavors, extracts, natural colors, concentrates, sweetening
systems, specialty ingredients and seasonings for the food and
beverage industry. WILD's innovations consist of a broad range of
natural products, vast experience and knowledge in providing
unique, complete system solutions that create great taste,
functionality and value for their customers.
Sunwin International (Sunwin) is one of the leading global
suppliers of stevia and is committed to sustainable production and
supply of the widest range of high quality stevia extracts
available. Two years ago, WILD and Sunwin created a strategic
collaboration focused on the distribution of Sunwin Stevia™
extracts, and the development of world-class stevia related taste
modification technologies to support the creation of great-tasting
products that are of the highest purity and quality available in
the industry.
Mr. Laiwang Zhang, Chairman of Sunwin International, stated,
"Two years ago we created a partnership with the greatest flavor
innovation company in the world in WILD Flavors. Now we are
collaborating with the most recognized leader in the sugar industry
in Domino Sugar. Through quality, innovation and teamwork, our
three companies will create great tasting, all natural, sweetener
solutions for consumer product companies who are focused on
satisfying the latest consumer trends. We are excited about the
future opportunities we will encounter together."
"With our strength and breadth in natural sweeteners, we are
very excited about the opportunity to create new blends and offer
the healthy benefits of stevia to consumers," stated Mr. Brian F.
O'Malley, President and Chief Executive Officer of Domino Sugar.
"As we continue to focus on our customers' demands to provide
competitive and natural solutions for their sweetener solutions,
Sunwin International and WILD Flavors are the perfect partners and
leaders in the stevia industry, as well as innovators in the use of
stevia with other ingredients to create great tasting food and
beverages."
Mr. Michael Ponder, Global Chief Executive Officer of WILD
Flavors GmbH, commented, "With Domino Foods and its affiliates as
suppliers of sugar and sweetening systems, WILD, Domino and Sunwin
will benefit from the systems' approach to drive the growth of the
stevia market meeting the consumers' growing interest for calorie
reduction and 'naturalness.' WILD has invested substantial time and
technical efforts for several years to develop proprietary taste
modification technologies for stevia, sugar, and artificial
sweeteners, and looks forward to working with Domino and Sunwin for
mutual worldwide opportunities for our companies and
customers."
About Domino Foods, Inc. Headquartered in
Iselin, NJ, Domino Foods, Inc. is the largest marketer of refined
sugar in the U.S. The company is responsible for the sales,
marketing and logistics (including the order to cash cycle) for the
output of the American Sugar Refining, Inc., C&H Sugar Company,
Inc., and Okeelanta Corporation (a subsidiary of Florida Crystals
Corporation). The company sells through five distribution channels
(Industrial, Grocery, Foodservice, Specialty and Export). Products
are sold with the following trademarks -- Domino®, C&H® and
Florida Crystals®.
About WILD Flavors GmbH WILD Flavors GmbH,
based in Zug, Switzerland, is one of the world's leading
privately-owned manufacturers of natural ingredients for the food
and beverage industry. WILD Flavors provides specific flavors,
colors, and ingredients as well as innovative and great tasting
concepts through application expertise and technological
advancements. For more information about WILD, please visit:
www.wildflavors.com or www.wild.de.
About Sunwin International Neutraceuticals,
Inc. Sunwin International Neutraceuticals, Inc. engages in the
areas of essential traditional Chinese medicine and zero calorie
natural sweeteners (Sunwin Stevia™ Extracts). As an industry leader
in agricultural processing, Sunwin has built an integrated global
firm with the sourcing and production capabilities to meet the
needs of consumers throughout the world. For more info about
Sunwin, please visit www.sunwininternational.com.
Safe Harbor Statement Sunwin International, Inc., is hereby
providing cautionary statements identifying important factors that
could cause our actual results to differ materially from those
projected in forward-looking statements (as defined in such act).
Any statements that are not historical facts and that express, or
involve discussions as to, expectations, beliefs, plans,
objectives, assumptions or future events or performance (often, but
not always, indicated through the use of words or phrases such as
"will likely result," "are expected to," "will continue," "is
anticipated," "estimated," "intends," "plans," "believes" and
"projects") may be forward-looking and may involve estimates and
uncertainties which could cause actual results to differ materially
from those expressed in the forward-looking statements. These
statements include, but are not limited to, our guidance and
expectations regarding revenues, net income and earnings.
We caution that the factors described herein could cause actual
results to differ materially from those expressed in any
forward-looking statements we make and that investors should not
place undue reliance on any such forward-looking statements.
Further, any forward-looking statement speaks only as of the date
on which such statement is made, and we undertake no obligation to
update any forward-looking statement to reflect events or
circumstances after the date on which such statement is made or to
reflect the occurrence of anticipated or unanticipated events or
circumstances. New factors emerge from time to time, and it is not
possible for us to predict all of such factors. Further, we cannot
assess the impact of each such factor on our results of operations
or the extent to which any factor, or combination of factors, may
cause actual results to differ materially from those contained in
any forward-looking statements. This press release is qualified in
its entirety by the cautionary statements and risk factor
disclosure contained in our Securities and Exchange Commission
filings, including our Annual Report on Form 10-K for the fiscal
year ended April 30, 2010.
CONTACTS: Domino Foods Mr. Brian O'Malley
President & CEO 120 Wood Avenue Suite 515 Iselin, NJ 08830
(732)590-1180 bomalley@dominofoods.com WILD Flavors GmbH Dr.
Erik Donhowe WILD Flavors, Inc. Chief Operating Officer 1261
Pacific Avenue Erlanger, KY 41018 (859)342-3942
edonhowe@wildflavors.com Sunwin International Mr. Jeff
Reynolds PO Box 1017 Frisco, Texas 75034 (972)377-2339
jreynolds@sunwinusa.com
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