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GLG Life Tech Corp (2)
Symbol GLG
Shares Issued 37,890,336
Close 2016-01-29 C$ 0.22
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GLG Life Tech launches GoZero portfolio

2016-02-01 07:59 ET - News Release

Mr. Shaun Richmond reports


GLG Life Tech Corp. has launched GoZero solutions. This innovative portfolio provides GLG's customers with unparalleled natural and non-GMO (genetically modified organism) zero-calorie sweetener options, and proprietary formulations tailored to its customers' specific calorie reduction needs.

The challenges to global food and beverage companies are well documented with respect to the need for reduced amounts of sugar in formulations. The global per capita sugar consumption peaked in the late 1990s; however, it has been declining ever since due to an increase in health awareness and prevalence of diet-related health conditions, such as diabetes. Moreover, government regulations and guidelines, such as sugar taxes in the United States and Mexico, and new dietary guidelines limiting the amount of added sugar in foods, have made it challenging for food and beverage manufacturers to continue to use the same amounts of sugar in their formulations as they have used in the past. Add to this challenge, consumers' willingness to consume artificial sweeteners has been declining due to a general mistrust in synthetic chemical compounds.

In fact, consumers are increasingly looking to incorporate natural, plant-based ingredients in their diets. The movement of the market toward zero-calorie, natural sweeteners has placed immense pressure on marketing, research and development, and procurement teams to reformulate to reduce sugar and artificial sweeteners in their products.

However, the transition to stevia as a natural zero calorie sweetener has proved challenging due to its known aftertaste issues such as astringency and bitterness. Things are about to change for the better. GLG is pleased to introduce its newest product line to global food and beverage companies -- GoZero solutions -- to address all these challenges with going zero.

GLG's GoZero solutions offer:

  1. Largest portfolio containing the most complete set of zero-calorie, natural sweeteners including stevia, enzymatically modified stevia, monk fruit and bitter blockers;
  2. Better-tasting stevia and monk fruit with ClearTaste natural bitter blocker;
  3. Custom formulations for customers;
  4. Fast prototyping of reduced or zero-calorie formulations for R&D groups;
  5. Superior taste and flavour profile tailored to specific food matrices;
  6. Fast response and support from the company's experienced support team;
  7. Cost-effective solutions;
  8. Clean labels;
  9. Reduction in use of sugar while maintaining taste;
  10. Removal of artificial sweeteners from the formulation;
  11. Halal, kosher, non-GMO and natural solutions;
  12. Organic and conventional format.

Brian Meadows, president and chief financial officer of GLG, highlights the GoZero solutions breakthrough: "GLG has worked for many years with food and beverage companies, and understands the importance of innovative solutions for our customers. Everyone wants to enjoy the benefits of stevia; however, it has not been an easy path so far. We have also learned that one solution does not fit all product formulations and a portfolio that addresses this real issue for R&D departments is required. With the design of our new GoZero solutions product line we have developed a portfolio that works. We now have an extensive portfolio and formulation library that can be accessed to meet every formulation challenge that a company faces. We also have the resources to support a customer in their product development process to shorten the time frame and offer the benefits of our experience. It is exciting to see the satisfaction of our customers as we work with them to offer a wide variety of natural solutions that meet their calorie reduction and taste profile objectives and overcome the challenges of each individual market."

GoZero solutions is the result of over 15 years of hard work of more than 60 agricultural scientists, product innovation and food application specialists, and food engineers. This concerted effort has allowed the company to formulate a diverse product portfolio applicable to a wide range of food, beverage and dietary supplement products that are cost-effective and superior in taste, flavour and quality.

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