HARBIN, China, Sept. 29 /PRNewswire-Asia-FirstCall/ -- Shuaiyi International New Resources Development Inc. (OTC Bulletin Board: SYID)("Shuaiyi" or the "Company"), a leading nutraceutical company focusing on the advanced technology related to the development of engineered "Cordyceps Militaris" in China, today announced that the Company will attend the China National Sugar and Alcoholic Commodities Fair in Zhengzhou, China on October 11, 2009.
The China National Sugar and Alcoholic Commodities Fair (the "Fair"), sponsored by China National Sugar and Alcohol Group Corp., is held twice a year, in spring and autumn respectively, and has become an important economic event for China's wine and food industry. After half a century of development, the Fair has become well known in both China and abroad for its show area of 60,000 square meters, over 3,000 participants and a trading volume of over 10 billion RMB (approximately $1.5 billion). With its wide-ranging influence and its increasing unique attraction, the Fair is commonly recognized among specialists of wine, food, sugar, distillery and brewery industries in China.
Presenting together with other highly recognized beverage brands at the Fair, Shuaiyi will introduce its new product -- Cordyceps-Cereal Beverage -- to the public for the first time. As the fifth-generation drink that follows the carbonated soft drinks, water, tea, and juice drink, this new beverage is an organic integration of Shuaiyi's engineered Cordyceps Militaris and Cereal. It is widely believed in China that Cordyceps Militaris products assist with anti-fatigue, anti-ageing, and helps to improve the immune system and memory. Cordyceps Militaris contains 19 amino acids, 17 microelement, and is rich in selenium, zinc, calcium, iron, potassium and phosphorus. Shuiyi believes the content of amino acid, vitamin and microelement in its engineered Cordyceps Militaris have reached or exceeded the levels found in wild Cordyceps.
Shuaiyi believes the Fair provides a good opportunity to promote the new beverage product before its debut in the market in early 2010, as well as to further develop its nationwide distribution network. Shuaiyi will hold a series of events during the Fair.
"We are very pleased to attend the Fair in Zhengzhou. We hope that more distributors will understand our new products and that we will establish cooperative relationships with them. They are critical to the marketing success of our Cordyceps-Cereal Beverage at its early stage," said Ms. Lianyun Han, Chairperson and Chief Executive Officer of Shuaiyi.
About Shuaiyi
Shuaiyi is a leading nutraceutical company focusing on the advanced technology related to the development of engineered "Cordyceps Militaris" in China. The Company specializes in developing, processing, marketing and distributing a variety of agricultural and nutraceutical products consisting of dry Cordyceps Militaris, organic and specialty food products. The Company's primary product is dry engineered Cordyceps Militaris. The Company believes it is the largest manufacturer of engineered Cordyceps Militaris in China, ranked by volume, according to China Market Monitoring Center (CMMC), accounting for 19% market share in China. Cordyceps Militaris is a species of parasitic fungus that is typically found in north-eastern mountainous China. The products of Shuaiyi are sold throughout China via a distribution network that covers more than 10 provinces. More information may be found at http://www.syxny.net or e-mail: ir@syxny.net
Safe Harbor Statement
This news release contains forward-looking statements. Forward-looking statements include 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 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 such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. 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:
Shuaiyi International New Resources Development Inc.
Yudi Zhao, Board Secretary
Tel: +86-451-8228-7746
Email: ir@syxny.net
zhaoyudi@syxny.net
