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A discussion and review of the results will be hosted by Dr. Luke Zhang, Chairman and CEO as well as Brian Meadows, Chief Financial Officer on Friday, October 30 at 11:00 am Eastern time/8:00 am Pacific time via a live teleconference and webcast that includes a PowerPoint presentation.
WEBCAST:
Date: Friday, October 30, 2009
Time: 11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time
Dial in: 877-795-3647 (Canada and U.S.) or 719-325-4833 (International)
Passcode: Please reference company name with moderator.
Web Access: To access a live webcast of the conference call, please visit the investors section of GLG's website at http://www.glglifetech.com/Investors/.
REPLAY INFORMATION: A replay of the call will be available beginning at 2:00 pm Eastern on October 30, 2009 and will remain available through midnight on November 3, 2009. To access the replay, dial 888-203-1112 (Canada and U.S.) or 719-457-0820 (International) and enter passcode 8989433.
About GLG Life Tech Corporation
GLG Life Tech Corporation is a global leader in the supply of high purity stevia, an all natural, zero-calorie sweetener used in food and beverages. The Company's operations cover each step in the stevia supply chain including non-GMO stevia seed breeding, natural propagation, stevia leaf growth and harvest, proprietary extraction and refining, marketing and distribution of finished product. GLG advanced technology and extraction technique make it one of the world's leading producers of high purity stevia extracts, including rebiana made with 97% Rebaudioside A. Rebiana recently received GRAS status in the United States for use in food and beverages. The Company has operations in Canada as well as agricultural and processing facilities in China in the provinces of Anhui, Jiangsu, Shandong and Heilongjiang. China is responsible for an estimated 85% of the world's current stevia production. GLG stevia processing capabilities include 41,000 metric tons of raw stevia leaf and 1,000 metric tons of high grade stevia extract. The Company holds a strategic partnership and preferred supplier agreement with Cargill, Incorporated to supply 80% of its global stevia extract demand and 100% of any stevia sourced from China. In addition, the Company's global sales and marketing arm, GLG-Weider Sweet Naturals works with companies around the world to bring stevia extract supply solutions for food, beverage, pharmaceutical and nutraceutical applications.
Forward-looking statements: Certain statements in this press release constitute "forward-looking statements". Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include operational risks, 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 other risks and uncertainties disclosed under the heading "Risk Factors" in our Annual Information Form in respect of our year-ended December 31, 2008 and the risk factors in our Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2008, both of which are available on SEDAR at www.sedar.com. The Company's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. The Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change, except as required by law.
Contacts: GLG Life Tech Corporation Brian Meadows Chief Financial Officer +1 (604) 641-1368 +1 (604) 844-2830 (FAX) ir@glglifetech.com www.glglifetech.com
SOURCE: GLG Life Tech Corporation
mailto:ir@glglifetech.com http://www.glglifetech.com
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