Tuesday, January 22nd, 2013

U.S.-Based Stevia Producer Adds Japanese Patent to Global Patent Portfolio for High Purity Extraction Process

BELLINGHAM, WA--(Marketwire) - Today, Sweet Green Fields, a leading U.S.-based global producer of high purity stevia extracts, announced it has been granted a patent in Japan for the company's proprietary high purity extraction process, the Fast Precipitation Process (FPP).

This innovative extraction process draws Rebaudioside-A (RA) out of mid-grade stevia extract and turns it into a highly purified powder equating to a purity grade of 95-percent or higher. This extraction method is 33 to 50-percent faster than the industry's conventional methods, resulting in a much more efficient and cost effective process. The process allows the company to utilize the technology for its single glycoside products like Sweetesse Stevia(tm) 97 as well as high purity composition such as the recently launched Optesse(tm) HPX and Optesse(tm) HPS, designed for superior taste and cost benefit in natural sugar and fructose blended products.

"At Sweet Green Fields, we are dedicated to offering food and beverage manufacturers the highest quality stevia extracts on the market and FPP allows us to deliver our premium RA products with superior value to manufacturers looking for better-for-you sweetening solutions," commented Dean Francis, chief executive officer of Sweet Green Fields. "This latest patent in Japan is another major step in securing global patents for our proprietary process to provide the best and most cost effective product to our partners worldwide."

The Japanese patent is the most recent in the company's extensive patent portfolio, including patents covering FPP in the U.S., Mexico, China, Australia and New Zealand. Additionally, Sweet Green Fields holds patents covering RA products of 99-percent purity or higher in both Australia and New Zealand. The company plans to work with partners in Japan to explore opportunities to leverage the more cost effective process.

A leading science-based global stevia producer, the company operates as a vertically integrated supplier, guaranteeing quality and control in every step of the process. With this latest achievement, Sweet Green Fields continues to demonstrate it is an industry leader in high purity stevia extraction powering innovation for the food and beverage industry. 

For additional information, visit www.sweetgreenfields.com.

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Vantage, a Cayman Islands exempted company, is an offshore drilling contractor, with an owned fleet of four Baker Marine Pacific Class 375 ultra-premium jackup drilling rigs and two ultra-deepwater drillships, thePlatinum Explorer and the Titanium Explorer, as well as an additional ultra-deepwater drillship, the Tungsten Explorer, now under construction. Vantage's primary business is to contract drilling units, related equipment and work crews primarily on a dayrate basis to drill oil and natural gas wells. Vantage also provides construction supervision services for, and will operate and manage, drilling units owned by others. Through its fleet of seven owned drilling units, Vantage is a provider of offshore contract drilling services globally to major, national and large independent oil and natural gas companies.

Forward-Looking Statements

Certain statements contained in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent Vantage's expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of Vantage's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements.

Any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by law, Vantage does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time and it is not possible for management to predict all such factors.

Paul A. Bragg
P: (281) 404-4700
M: -
W: www.marketwire.com.au

Stevia and Stevia Extracts

Stevia is a plant of the Asteraceae (sunflower) family whose leaves have been used as a sweetener in South America for hundreds of years. Stevia extracts are the first all-natural, zero calorie high intensity sweetener that deliver on key food and beverage formulation metrics: zero calories, low glycemic index, heat stable, pH stable, shelf stable, non-GMO, Kosher and Halal, and cost competitive on a sucrose equivalency sweetening unit basis.
Jessika Goldstein
P: 206-456-3431


Japanese Patent, Global Patent Portfolio



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