Packaging
ONE Bio Adds Toyo Foods as New Japanese Distributor
Friday 11. March 2011 - ONE Bio Continues to Make Inroads in Japan With New Distributor
ONE Bio, Corp. (“ONE” or the “Company”) (OTCBB: ONBI), an innovative company utilizing green process manufacturing to produce raw chemicals and herbal extracts, natural and health supplements and organic products, today announced that it has signed a distribution agreement with Toyo Food Trading Co. Ltd. (“Toyo”), a large food trading company in Japan. The agreement follows the Company’s strategy to expand its distribution in Japan.
Under the terms of the agreement, Toyo will market the Company’s house brand of organic food products to its large network of supermarket chains and local food stores. Since the launch of the pilot in August 2010, ONE’s Organic Products (“OP”) sales have surpassed original targets.
Japan currently accounts for over 30% of the OP division’s sales, with the strong consumer demand for its products fueled by the high quality-control standards utilized by the Company in its organic vegetable selection and manufacturing processes. ONE’s organic vegetable products are Japanese Agricultural Standard (“JAS”) Gold-certified, the highest certification for organic products in Japan.
“The addition of Toyo to our Japanese distribution further strengthens our distribution footprint in that country. The quality and safety of our products are key drivers that support our market expansion in Japan. We continue to seek strategic distribution opportunities in that country,” stated Marius Silvasan, CEO of ONE Bio.