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Gaiacor International Invited to Undertake Stevia Operations in South America

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  Published in Stocks and Investing on Monday, May 10th 2010 at 22:20 GMT by Market Wire
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LONDON--(Marketwire - May 11, 2010) - Gaiacor International, PLC (FRANKFURT: VCG) has been invited to acquire, manage, and operate a significant agricultural operation in South America to produce Stevia. As reported in the press, aspartame and other low calorie artificial sweeteners have recently been the subject of debate at many governments' health administrative levels, with some countries considering banning aspartame. Demand for replacement products, especially natural sweeteners, is very high in the EU and elsewhere. The Stevia family of herbs could meet that need.

Stevia is an herb cultivated as a source of natural low calorie sweeteners, and Stevia based products have long been recognized as suitable for this purpose. Products containing Stevia are available worldwide, however supplies are limited and demand is growing. Stevia sweeteners produced by both Coca Cola and PepsiCo have been granted GRAS authority for use in the USA by the US Food and Drug Administration.

Alberto Fischbein of MITC Investments, Ltd. ([ www.mitc-invest.com ]) has sought Gaiacor's expertise to meet a specific request for Stevia production in South America. The request originated within the subject national Government and includes direct support from the office of the President.

MITC has approached Gaiacor with this problem, sighting the long history of successes and unparalleled expertise found within Gaiacor's team in blending high-tech farming techniques with emerging markets.

Gaiacor is being offered financial incentives in the form of favorable terms for large tracts of farm land, as well as regulatory streamlining to support financing and rapid entry into the market.

Presently, Gaiacor's management is carefully considering this project. Edward Jackson, President of Gaiacor, said, "Our unique abilities make this opportunity one of great interest to our company. Following initial examination, we find the market opportunity for Stevia to be strong and the incentives offered attractive. We intend to continue our examination of this project as it may become a priority item in our corporate agenda."