Nutrastar Adds New Retail and Wholesale Distributor in Jiangsu
Post on: 2011-09-05 By: admin
HARBIN, China, Aug. 30, 2011 /PRNewswire-Asia-FirstCall/ -- Nutrastar International Inc. (OTCBB:NUIN.ob - News), a leading producer and supplier of premium branded Traditional Chinese Medicine ("TCM") consumer products, today announced that it has added a new retail distributor in Suqian City and a wholesale distributor in Changzhou City for its "Yang Yang Ba" functional health drink, further expanding the entry level drink's distribution channels in Jiangsu Province.Located in northern Jiangsu Province, Suqian is a natural extension of the company's beverage rollout plans given its close proximity to the Company's existing distribution networks. Suqian has a population of approximately 5.2 million. Through the distributor, Nutrastar's entry level affordable "Yang Yang Ba" drink will be available at approximately 100 points-of-sale ("POS"), including small supermarkets and convenience stores.Nutrastar has also brought on a new wholesale distributor in neighboring Changzhou City. Changzhou is situated in China's affluent Yangtze Delta region about 160 kilometers west of Shanghai and has a population of roughly 4.5 million people. With this wholesale distributor, the company's "Yang Yang Ba" drink will be available for sale in an additional 200 POS, consisting of mostly small supermarkets and convenience stores.Ms. Lianyun Han, CEO and founder of Nutrastar, commented, "The entry into Suqian and the addition of Changzhou wholesale distributor for our entry level 'Yang Yang Ba' functional health drink is a continuation of our rollout initiatives, which began in the fourth quarter of 2010. Already, Yang Yang Ba has seen good, healthy reception in its current cities and we are eager to continue building its presence in Jiangsu and other areas in China."About Nutrastar International Inc.Nutrastar is a China based leading producer and supplier of premium branded TCM consumer products including commercially cultivated Cordyceps Militaris and functional health beverages. Cordyceps Militaris is one of the most highly regarded herbal nutrients in TCM. The Company is headquartered in Harbin, capital of Heilongjiang province, with 321 employees, 21 in R&D, and 140 in sales and marketing. The products of Nutrastar are sold throughout China via a direct and distribution network that covers more than 10 provinces. More information may be found at http://www.nutrastarintl.com/ or e-mail: ir@nutrastarintl.comMake sure you are first to receive timely up-to-date information on Nutrastar. Sign up for Nutrastar's email news alert system today at: http://www.nutrastarintl.com/alertsSafe Harbor StatementThis news release contains "forward-looking statements" relating to the business of Nutrastar International Inc., its subsidiaries and other affiliate companies. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in reports filed by the Company with the Securities and Exchange Commission. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. . You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required under the securities laws, the Company does not assume a duty to update any forward-looking statements to reflect events or circumstances after the date hereof.For more information, please contact:
Robert Tick, CFO
Nutrastar International Inc.
Email: roberttick@nutrastarintl.com
Howard Gostfrand
American Capital Ventures
Tel: +1-305-918-7000
Email: info@amcapventures.com
The Daily Ticker Recent Posts
Jeremy Siegel: Stocks Are Cheap (And Getting Cheaper)- Aaron TaskBanks Under Stress But It’s 'Night and Day' Compared to 2008: Chris Rupkey- Aaron TaskAs Economy Falters, The White House Is Up for Grabs, Says Politico’s Burns- Stacy Curtin
Copyright © 2011 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
Search Jobs Across the Web
Yahoo! Finance Worldwide
Quotes delayed, except where indicated otherwise. Delay times are 15 mins for NASDAQ, NYSE and Amex. See also delay times for other exchanges. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page.Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.
Fundamental company data provided by Capital IQ. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fundAnalyst estimates data provided by Thomson Financial Network. All data povided by Thomson Financial Network is based solely upon research information provided by third party analysts. Yahoo! has not reviewed, and in no way endorses the validity of such data. Yahoo! and ThomsonFN shall not be liable for any actions taken in reliance thereon.
Article original from: http://biz.yahoo.com/prnews/110830/cn59522.html?.v=1
