TORONTO, April 26 /CNW/ - SunOpta Inc. (SunOpta or the Company)
(Nasdaq: STKL) (TSX:SOY) today announced that the SunOpta Fruit Group has
entered into an exclusive supply agreement with Zhejiang Yumberry Juice Co.,
Ltd. to market Yumberry juice concentrate initially in the United States and
also in Canada after one year. The agreement excludes certain existing
customers. Yumberry is a native Chinese fruit harvested organically from
one-hundred year old trees in the valleys of Xiangu.
Yum, short for yummy derived from its native name Yang Mei, has been
harvested in China for over 2,000 years for its healthy attributes. This deep
red fruit is high in antioxidants and contains a wide range of vitamins,
including vitamin C, thiamine, riboflavin and carotene.
Yumberry is used in diverse applications ranging from fruit juices to
bakery applications, wines, cocktails and dairy products. Organic Yumberry
juice has a sweet/tart balance that can either stand alone or be mixed with
other juices or flavors. The harvested fruit is carefully selected, pressed,
de-pectinized, filtered, concentrated and pasteurized before being shipped to
North America. The juice is also available in single strength.
Joseph Stern, Executive Vice President of the SunOpta Fruit Group
commented, "I am happy to announce the addition of this healthy new fruit to
our expanding portfolio of organic fruit juices. Yumberry is one of those rare
"good for you" healthy fruits that actually tastes great on its own or can be
blended with other juices to add nutritional value and a unique rich flavor.
We expect Yumberry to grow in popularity much like other high antioxidant
fruits, such as acai and pomegranate, have in recent years."
Steve Bromley, President and Chief Executive Officer of SunOpta
commented, "The addition of Yumberry to our continually growing line-up of
globally sourced healthy food products complements our strategy of positioning
the SunOpta Fruit Group as a leading supplier of frozen fruit and fruit
ingredient solutions to the private label, food service and industrial
About SunOpta Inc.
SunOpta Inc. is an operator of high-growth ethical businesses, focusing
on integrated business models in the natural and organic food, supplements and
health and beauty markets. The Company has three business units: the SunOpta
Food Group, which specializes in sourcing, processing and distribution of
natural and organic food products integrated from seed through packaged
products; the Opta Minerals Group, a producer, distributor, and recycler of
environmentally friendly industrial materials; and the SunOpta BioProcess
Group (soon to become SunOpta BioProcess Inc.) which engineers and markets
proprietary steam explosion technology systems for the pulp, bio-fuel and food
processing industries. Each of these business units has proprietary products
and services that give it a solid competitive advantage in its sector.
Certain statements included in this press release may constitute
"forward-looking statements" within the meaning of the United States Private
Securities Litigation Reform Act of 1995. These forward-looking statements
include, but are not limited to references to business strategies, competitive
strengths, goals, capital expenditure plans, business and operational growth
plans and references to the future growth of the business. These forward
looking statements are based on certain assumptions and analyses made by the
Company in light of its experience and its interpretation of current
conditions, historical trends and expected future developments as well as
other factors that the Company believes are appropriate in the circumstance.
However, whether actual results and developments will agree with expectations
and predications of the Company is subject to many risks and uncertainties
including, but not limited to; general economic, business or market risk
conditions; competitive actions by other companies; changes in laws or
regulations or policies of local governments, provinces and states as well as
the governments of United States and Canada, many of which are beyond the
control of the Company. Consequently all forward-looking statements made
herein are qualified by these cautionary statements and there can be no
assurance that the actual results or developments anticipated by the Company
will be realized.
For further information:
For further information: SunOpta Inc. Jeremy N. Kendall, Chairman Steve
Bromley, President & CEO Joseph Riz, Executive Vice President John Dietrich,
Vice President & CFO Susan Wiekenkamp, Information Officer Tel: 905-455-2528,
ext 103 firstname.lastname@example.org Website: www.sunopta.com or Investment
Community Inquiries: Lytham Partners, LLC Joe Diaz, Robert Blum or Joe Dorame
Tel: 602-889-9700 email@example.com