ONE Bio Adds Toyo Foods as New Japanese Distributor
11 March 2011 - 12:00AM
Marketwired
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.
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
One Bio (CE) (USOTC:ONBI)
Historical Stock Chart
From Jun 2024 to Jul 2024
One Bio (CE) (USOTC:ONBI)
Historical Stock Chart
From Jul 2023 to Jul 2024