GLG Life Tech Corporation
TSX : GLG

GLG Life Tech Corporation

May 02, 2008 06:00 ET

GLG Life Tech Corporation Announces Completion of New 500 Metric Ton High Grade Stevia Processing Facility

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 2, 2008) - GLG Life Tech Corporation ("GLG") (TSX:GLG) announced today that production has begun on a new 500 metric ton secondary processing line located at its Runde subsidiary in Qingdao, China. The new line re-crystallizes intermediate stevia powder fed from primary processing lines at the plant into finished high grade stevia product.

The new line at Runde is expected to improve efficiency by not only freeing primary lines from this task but by providing a 30% reduction in current processing time for this secondary phase. Energy efficiencies in the new machinery will also reduce costs. In addition, the new production line has passed an extensive quality and food safety audit and may be utilized immediately to meet existing customer orders.

Dr. Luke Zhang, Chairman and President of GLG stated, "Our new line has been built to meet GMP standards. It represents the latest in technological innovation in the stevia industry."

To management's knowledge, the new production line is the largest re-crystallization line ever built for the production of high grade stevia in the world.

About GLG Life Tech Corporation

GLG Life Tech Corporation specializes in growing, refining, and producing high grade stevia extract, a natural, zero-calorie sweetener. With fully integrated stevia operations, GLG is the leading supplier of high quality stevia production in China. The Corporation is also engaged in the distribution of nutritional products in China and holds exclusive agreements with Weider Global Nutrition and Shandong Yong He Tang Health Products Chain Stores Ltd., whose franchise network includes over 1,400 locations. Please visit www.glglifetech.com for further information.

Forward-looking statements: Statements in this press release relating to plans, strategies, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may", "will", "should", "could", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "forecasts", "potential", or "continue", or similar terms or the negatives of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. The Corporation has no obligation to update these forward-looking statements.

Contact Information