Vancouver, B.C. January X, 2009 - GLG Life Tech Corporation (TSX: GLG) (“GLG” or the “Company”), a world leading producer of high quality stevia, announces GLG Chairman and CEO, Dr. Luke Zhang stated, “
About GLG Life Tech Corporation
GLG Life Tech Corporation specializes in growing, extracting, and refining high grade stevia, an all natural, zero-calorie sweetener. With fully integrated operations that include seed breeding and proprietary processing technology, GLG is a global leader in the supply of high quality stevia for use in food and beverages. Please visit www.glglifetech.com for further information.
Cargill supply 80% of rebiana
Contact: Brian Meadows, Chief Financial Officer
Phone: +1 (604) 641-1368
Fax: +1 (604) 641-1214
Email: [email protected]
Forward-looking statements: Certain statements in this press release constitute “forward-looking statements”. Such forward-looking statements include, without limitation, statements evaluating the market, the Company’s anticipated production capacity, the potential demand for stevia and general economic conditions. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes” or variations of such words and phrases or words and phrases that state or indicate that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. While the Company has based these forward-looking statements on its current expectations about future events, the statements are not guarantees of the Company’s future performance and are subject to risks, uncertainties, assumptions and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Such factors include amongst others the effects of general economic conditions, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations, industry supply levels, competitive pricing pressures and misjudgments in the course of preparing forward-looking statements. Please refer to the heading “Risk Factors" in our Annual Information Form in respect of our year-ended December 31, 2007 and the risk factors in our Management’s Discussion and Analysis (“MD&A”) for the year ended December 31, 2007 for a discussion of these and other factors underlying forward-looking statement, both of which are available on SEDAR at www.sedar.com under the Company’s name. In light of these factors, the forward-looking events discussed in this press release might not occur. Further, although the Company has attempted to identify factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. As there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements, readers should not place undue reliance on forward-looking statements.