News from GPLBs Website - New Product Expected to Deliver $8 Million in Revenue in 2010
Feb. 11, 2010 (U.S. Equity News) --
Green Planet (OTCBB: GPLB.OB), an innovative company utilizing green process manufacturing to produce raw chemicals and herbal extracts, natural and health supplements and organic products, announced the addition of 8 new distributors to support the launch of the Company's Jinglao "King of Medicine" brand beverage crystals from Ganoderma Lucidum extracts.
Extracts from Ganoderma Lucidum are believed by Chinese medical professionals to be a valuable remedy for weight management, immunity boost, tumor prevention and to act as powerful antioxidants. Several books, including the one written by Dr. Shi-Jean Lee, a renowned Chinese medical professional, discuss the benefits associated with the long term use of Ganoderma Lucidum extracts.
"We have seen strong demand for our Jinglao brand since our launch. We sold over $300k in our first month and anticipate 2010 sales for Jinglao to reach in excess of $8 million. We strongly believe that the increase in the number of products in our over-the-counter portfolio will result in strong organic growth this year," stated ONE's CEO Marius Silvasan. "Over-the-counter health products are a lucrative segment in the marketplace. We believe that our focus on the development of these highly demanded and profitable products will contribute to our future success," added Mr. Silvasan,our mother company's CEO.
"To support distribution for Jinglao we added 8 new regional distributors in key markets along the east coast of China," stated ONE's China President Min Zhao. "We also see strong demand for Jinglao outside of China including the United States and other Asian countries. We intend to expand our distribution in those areas later this year," added Mr. Zhao.
