HARBIN, China, Dec. 20, 2010 /PRNewswire-Asia-FirstCall/ -- Nutrastar International Inc. (OTC Bulletin Board: NUIN; "Nutrastar" or the "Company"), a leading producer and supplier of premium branded Traditional Chinese Medicine ("TCM") consumer products, today announced that the Company has signed two new distribution agreements, which will bring Nutrastar's functional health drink product containing Chinese Golden Grass to the cities of Wuxi and Nantong in Jiangsu Province.
In December 2010, Nutrastar signed agreements with key distributors in Wuxi and Nantong, major cities in China's affluent Jiangsu province, with populations of 4.6 million and 7.7 million, respectively. Through the agreements, Nutrastar's new 210ml functional Golden Grass health drink products under its Chinese brand name "Ban Ke Chong Cao" will be available in Parkson and other retail locations in Wuxi and in wholesale markets in Nantong.
"Wuxi and Nantong are fast growing metropolitan areas with robust economies and brand-conscious consumers," commented Ms. Lianyun Han, Founder and Chief Executive Officer of Nutrastar. "With approximately 12 million people between the two cities, this is a natural extension of our initial rollout of Ban Ke Chong Cao in Jiangsu Province. We are excited to be entering these burgeoning new markets and look forward to expanding our distribution to additional key regions and cities in 2011."
About Nutrastar International Inc.
Nutrastar is a China based leading producer and supplier of premium branded TCM consumer products including commercially cultivated Chinese Golden Grass ("Cordyceps Militaris") and functional health beverages. Cordyceps Militaris is one of the most highly regarded herbal nutrients in TCM. The Company believes it is the largest manufacturer of bioengineered Chinese Golden Grass in China, ranked by volume, according to China Market Monitoring Center (CMMC), accounting for approximately 19% market share in China. The Company is headquartered in Harbin, capital of Heilongjiang province, with 302 employees, 21 in R&D, and 132 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: email@example.com
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Safe Harbor Statement
This news release contains "forward-looking statements" relating to the business of Nutrastar International Inc. and its subsidiary 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.
SOURCE Nutrastar International Inc.