SOURCE: Stevia Corp.

Stevia Corp.

November 03, 2011 08:30 ET

Stevia Corp. Introduces Director of Asian Operations

INDIANAPOLIS, IN--(Marketwire - Nov 3, 2011) - Stevia Corp. (OTCBB: STEV) ("Stevia Corp." or the "Company"), a farm management company focused on the economic development of Stevia, the fastest growing product in the alternative sweetener sector, is pleased to introduce and announce the engagement of Mr. Thomas Ong as Director of Operations, Asia.

Mr. Ong is currently a Director of the Singapore registered farm management firm Growers Synergy Pte Ltd, an agriculture consultancy and farm management company holding land leases in Indonesia and Vietnam producing crops for the domestic and export markets.

He is concurrently a director of A.D. Venture Limited, a Singapore-registered fund investment and management company with operating arms in Hong Kong and the People's Republic of China (PRC), where he is involved in the acquisition and financing of unlisted, high-growth PRC retail real estate companies including debt restructuring for Chinese government-owned property assets. He advises investors, private equity groups, real estate owners and corporations in the areas of mergers and acquisitions, strategic planning, valuations, management, leveraged buyouts and fund raising.

Previously, Mr. Ong served 5 years with the Ministry of the Environment where he led the Environmental Resource Centre as the national hub for information on environmental and public health management. He subsequently joined the National Environment Agency (NEA) and was responsible for branding and promoting Singapore as a regional environmental training hub. He coordinated NEA's initial manpower and industry development efforts in the environmental services sector and worked with the Economic Development Board (EDB), International Enterprise Singapore (IE Singapore), Workforce Development Agency (WDA) and related industry groups to promote high value environmental services to the domestic and international markets. He continues to act as a consultant to organizations in the environmental sector in fund raising, business development, marketing, sales and liaison with government agencies.

Mr. Ong obtained a Bachelor of Business Administration from the National University of Singapore in 1995 and holds a Master's of Science in Information Studies from the Nanyang Technological University in 2000.

Mr. George Blankenbaker, Stevia Corp. President, notes, "We are very pleased to have Thomas join us in our growing endeavor. Through his Pan-Asian leadership and management experiences, Tom has shown his ability in successfully structuring and implementing cross cultural teams and systems that work extremely well with local stakeholders and indigenous growers in Asia. Additionally, his related business expertise will prove instrumental in identifying and negotiating arrangements with regional operations that could become potential future acquisitions. We have already benefited from his early participation and look forward to a very close relationship in future."

Further details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information visit:

About Stevia Corp. (OTCBB: STEV)
Stevia Corp. is a farm management company focused on best practice agronomic competency in order to deliver high value stevia through proprietary plant breeding, excellent agricultural methodologies and innovative post-harvest techniques. To date, the Company has acquired two grower supply contracts and three nursery fields in Vietnam. For more information visit:

About the Stevia Industry Sector
Within two years of the USA market opening, Nielsen-based retail consumption data indicated almost $1 billion of retail sales for the sector. Market research group, Mintel, has said it expects sales of stevia sweetened products to top $2 billion in 2011. In 2010, stevia products were launched across thirty-five countries and in 38 categories. Zenith International estimates worldwide sales of stevia extract reached 3,500 tons in 2010 with an overall market value of $285 million and forecasts the global market for stevia will reach 11,000 tons by 2014 requiring the tripling of stevia leaf production at the farm level to keep pace with consumer demand. For more information visit:

Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, potential future acquisitions, implementation of effective farm systems, the development of new business opportunities, worldwide sales of stevia extract and sweetened products, growth of stevia leaf production and growth of stevia global market. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

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