GLG Life Tech Corporation
TSX : GLG

GLG Life Tech Corporation

September 23, 2015 14:17 ET

GLG Announces Full Non-GMO Project Verification Across its Natural Zero-Calorie Sweetener Portfolio

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 23, 2015) - 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, is pleased to announce that GLG has received Non-GMO Project Verification across both its stevia and monk fruit (also known as luo han guo) natural zero-calorie sweetener product lines.

For over a decade, GLG has offered food and beverage companies, and their customers, great tasting natural zero-calorie sweeteners with an emphasis on quality and sustainability. It has done so through full vertical integration, strong partnerships with farmers and a commitment to improving the communities in which GLG operates.

In an effort to further GLG's commitment to serving our customers' evolving needs while also demonstrating GLG's social responsibility, GLG made achieving Non-GMO Project Verification a focus for 2015. Brian Meadows, President and CFO of GLG, remarked that "we are thrilled to have achieved this milestone, as this verification will provide more food and beverage companies, and their consumers, the opportunity to enjoy the benefits and improved taste profile of GLG's natural zero-calorie sweeteners in new products launching around the world."

The Non-GMO Project provides North America's only independent verification to ensure that non-GMO products are produced according to rigorous best practices for GMO avoidance.

GLG is also working towards Non-GMO Project Verification for its erythritol and organic erythritol.

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, 2013. In light of these factors, the forward-looking 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.

As there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements, readers should not place undue reliance on forward-looking statements.

Contact Information

  • GLG Life Tech Corporation
    Simon Springett
    Investor Relations
    +1 (604) 669-2602 ext. 101
    +1 (604) 662-8858 (FAX)
    ir@glglifetech.com