GLG Life Tech Announces Acceptance of New Patent
This patent is of core importance to GLG’s China market opportunities, both with our AN0C consumer food and beverage products and also enables us to meet the low-calorie sugar product specifications set out by the China Sugar Reserve (CSR).
6/24/2011 --- GLG Life Tech Corporation, the vertically-integrated leader in the agricultural and commercial development of high quality stevia and all natural and zero calorie food and beverage products, announces that one of its current patent applications, submitted in 2008 by its 100% owned subsidiary – Qingdao Runde Biotechnology Company Ltd., has been granted by the State Intellectual Property Bureau of the People’s Republic of China.
The Company’s refining method for the extraction of high-purity Stevioside (STV) has been granted full patent protection by the State Intellectual Property Bureau of the People’s Republic of China. The unique extraction method is an innovative technology that is scalable, allowing the company to produce high volumes of greater than 80% high-purity STV.
GLG Chairman and CEO, Dr. Luke Zhang stated, “This patent is of core importance to GLG’s China market opportunities, both with our AN0C consumer food and beverage products and also enables us to meet the low-calorie sugar product specifications set out by the China Sugar Reserve (CSR). The CSR low calorie sugar products will require a large amount of high-purity STV to meet the current and anticipated domestic demand for this product. Our patented technology puts us in a unique position to allow GLG to produce the anticipated high volumes of high-purity STV necessary to meet these requirements. To Management’s knowledge, we are the only company with patented high purity STV production technology to meet the high specifications and volumes required for the China Sugar Reserve low calorie sugar product.”
At GLG, we focus on not only creating great tasting, low cost, natural sweetening solutions for our customers, but also on creating technology that uses fewer natural resources and decreases the impact on the environment within which we operate.
