GLG Life Tech Corporation
TSX : GLG

GLG Life Tech Corporation

March 14, 2008 12:29 ET

GLG Life Tech Corporation Launches Global Consumer Products Division

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 14, 2008) - GLG Life Tech Corporation ("GLG") (TSX:GLG) announced the launch of a Global Consumer Products Division. The division marks the company's official entry into stevia-based consumer products, a strategic initiative that will supplement its core business focused on the production of high grade stevia.

"We seek to expand our business scope to include highly innovative consumer product development," states Brian Palmieri, Chief Executive Officer, "with the ingenuity and flexibility to meet the evolving needs of customers around the world."

As demand for stevia continues to grow, the company plans to offer a wide portfolio of formulated products. Initial distribution will commence through existing channels and partner organizations.

About GLG Life Tech Corporation

GLG Life Tech Corporation specializes in growing, refining, and producing high grade stevia extract. 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 1,200 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