SOURCE: ONE Bio, Corp.

March 10, 2011 08:00 ET

ONE Bio Adds Toyo Foods as New Japanese Distributor

ONE Bio Continues to Make Inroads in Japan With New Distributor

MIAMI, FL--(Marketwire - March 10, 2011) - ONE Bio, Corp. ("ONE" or the "Company") (OTCBB: ONBI), an innovative company utilizing green process manufacturing to produce raw chemicals and herbal extracts, natural and health supplements and organic products, today announced that it has signed a distribution agreement with Toyo Food Trading Co. Ltd. ("Toyo"), a large food trading company in Japan. The agreement follows the Company's strategy to expand its distribution in Japan.

Under the terms of the agreement, Toyo will market the Company's house brand of organic food products to its large network of supermarket chains and local food stores. Since the launch of the pilot in August 2010, ONE's Organic Products ("OP") sales have surpassed original targets.

Japan currently accounts for over 30% of the OP division's sales, with the strong consumer demand for its products fueled by the high quality-control standards utilized by the Company in its organic vegetable selection and manufacturing processes. ONE's organic vegetable products are Japanese Agricultural Standard ("JAS") Gold-certified, the highest certification for organic products in Japan.

"The addition of Toyo to our Japanese distribution further strengthens our distribution footprint in that country. The quality and safety of our products are key drivers that support our market expansion in Japan. We continue to seek strategic distribution opportunities in that country," stated Marius Silvasan, CEO of ONE Bio.

About ONE Bio, Corp.
ONE Bio, Corp. ("ONE") (OTCBB: ONBI) (www.onehcorp.com), headquartered in Miami, FL, is an innovative company utilizing patented green process manufacturing to produce raw chemicals and herbal extracts, natural supplements and organic products. ONE is focused on the Asia-Pacific region and the United States. Key products include widely recognized Solanesol, CoQ10, Resveratrol and 5-HTP, organic fertilizers, and organic bamboo health food and beverages. ONE has experienced solid organic growth driven by a robust demand for its products in China, Japan and the United States.

About Toyo Food Trading Co. Ltd.
Established in 1972, Toyo Food Trading Co. Ltd. engages in the import & sales of foods made in China. It has wide sales channels throughout Japan and its major customers include Japan Domestic Supermarket Chains, food processing companies & other food distribution companies.

This press release includes statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). ONE Bio, Corp. claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms "may," "believes," "projects," "expects," or "anticipates," and do not reflect historical facts. Specific forward-looking statements contained in this press release include, but are not limited to: our successful integration of diversified growth companies, impact of the company's expansion plan, and new business development success, future financial results, development and acquisition of new product lines and services, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties. The forward-looking statements contained herein involve risks and uncertainties that could cause actual results to differ materially from the expectations contained in any such forward-looking statements. These risks include, but are not limited to: failure to manage operating expenses or integrate new companies and/or technologies, each of which could have a material impact on our business, our financial results, and the company's stock price. These risks and other factors are detailed in the Company's regular filings with the U.S. Securities and Exchange Commission. Most of these factors are difficult to predict accurately and are generally beyond the Company's control. Forward-looking statements speak only as to the date they are made and ONE Bio, Corp. does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

Contact Information

  • Company Contact:
    Jeanne Chan
    Senior VP
    Tel. +888.676.4445
    jchan@onehcorp.com

    Investor Relations Contact:
    Investor Relations & Corporate Communications
    888-676-4445
    ir@onehcorp.com

    Dave Gentry
    U.S.
    RedChip Companies, Inc.
    Tel: +1-800-733-2447, Ext. 104
    Email: info@redchip.com

    Jing Zhang
    China
    RedChip Beijing Representative Office
    Tel: +86 10-8591-0635
    Web: http://www.RedChip.com