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GLG Life Tech Corporation Receives Acceptance Notice of Patent Application for Environmentally Friendly Waste Water Treatment System
Wednesday, February 25, 2009
Vancouver, British Columbia -- GLG Life Tech Corporation (TSX: GLG) ("GLG" or the "Company"), the vertically integrated leader in the agricultural and industrial development of rebiana including R&D, high quality stevia plant growth, production and marketing, announces that the Company's patent application for its newly engineered and environmentally friendly waste water treatment system has been accepted by the State Intellectual Property Bureau of the People's Republic of China. The technology designed for the Company's newest stevia processing facilities is part of GLG's ongoing efforts to look for environmentally sustainable and socially responsible business solutions.
Processing and extraction of the stevia leaf is a water-based system. The leaf is soaked in water to unlock and naturally extract the best tasting components of the leaf. The new waste water treatment technology, developed by GLG's research and development team, is a complex system that removes impurities in the water and cleanses it before returning it to the environment. The system is expected to improve processing efficiencies and reduce water treatment costs for the Company.
Chairman and CEO Dr. Luke Zhang stated, "We believe firmly in a company's responsibility to the community within which it operates. We feel we must take measures to ensure that the quality of the water in our environment and in our communities is sustained and protected. This system was built as just one step in many that our company is taking to be more socially and environmentally responsible."
About GLG Life Tech Corporation
GLG Life Tech Corporation is a global leader in the supply of high purity stevia, an all natural, zero-calorie sweetener used in food and beverages. The Company's operations cover each step in the stevia supply chain including non-GMO stevia seed breeding, natural propagation, stevia leaf growth and harvest, proprietary extraction and refining, marketing and distribution of finished product. GLG's advanced technology and extraction technique make it the world's leading producer of rebiana. Please visit www.glglifetech.com for further information.
Certain statements in this press release constitute "forward-looking statements". Such forward-looking statements include, without limitation, statements evaluating the expected cost savings and processing efficiencies associated with the new wastewater treatment system. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include operational risks, the effects of general economic conditions, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations, industry supply levels, competitive pricing pressures and other risks and uncertainties disclosed under the heading "Risk Factors" in our Annual Information Form in respect of our year-ended December 31, 2007 and the risk factors in our Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2007, both of which are available on SEDAR at www.sedar.com. The Company's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. The Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change, except as required by law.
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