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SweeGen Receives Strategic Investment From Sumitomo Chemical and Outlook Investment Group

Rancho Santa Margarita, Calif., October 7, 2019 – SweeGen, Inc., a stevia-based sweetener company has received an additional strategic investment from and led by Sumitomo Chemical, a leading chemical company in Japan, and private equity fund Outlook Investment Group The investment reflects the company’s leadership in the stevia-based sweetener market.

Part of the investment will support SweeGen’s expansion of an additional manufacturing site located in Europe with a capacity to produce 3,000 metric tons of non-GMO stevia sweeteners.

The global sweetener market is valued at approximately $100 billion and non-GMO stevia sweeteners have led the way in replacing sugar in foods and beverages, nutritional products, pharmaceuticals and many other market products.

Sumitomo Chemical and Outlook Investment Group share SweeGen’s vision of global sugar reduction and strategically support the company with their industry knowledge and networks.

“We are developing our strategic partnership with SweeGen to be part of the continuous success in providing the natural sweetener market with the latest innovations and advanced technologies, and also extending our established relationship into new ventures in the field of Synthetic Biology,” said Hiroshi Ueda, vice president, Sumitomo Chemical.

“SweeGen has proven to disrupt the global sweetener market by delivering best tasting, non-GMO stevia sweetener solutions. We are excited about the next stage growth plans,” said Matt Stamborski, managing partner, Outlook Investment Group.

SweeGen has just launched BESTEVIA® Taste Solutions, a portfolio of non-GMO sweet taste solutions, using next generation of stevia sweeteners combined with modulators, mouthfeel and texture components. Product manufacturers will find the portfolio valuable because in addition to the great taste, BESTEVIA® Taste Solutions saves time and cost during their product development cycle.

About SweeGen
SweeGen, Inc., is dedicated to the development, production and distribution of non- caloric sweeteners for the food, flavor and beverage industries. SweeGen’s robust product pipeline, intellectual property portfolio, and dedicated manufacturing capacity and R&D provide the foundation for innovation and delivery of high-quality sweeteners. For more information, please contact info@sweegen.com and visit SweeGen’s website, www.sweegen.com.

Cautionary Statement Concerning Forward-Looking Statements
This press release contains forward-looking statements, including, among other statements, statements regarding the future prospects of SweeGen. These statements are based on current expectations, but are subject to certain risks and uncertainties, many of which are difficult to predict and are beyond the control of Sweegen, Inc.

Relevant risks and uncertainties include those referenced in the historic filings of Sweegen, Inc. with the Securities and Exchange Commission. These risks and uncertainties could cause actual results to differ materially from those expressed in or implied by the forward-looking statements, and therefore should be carefully considered. Sweegen, Inc. assumes no obligation to update any forward-looking statements as a result of new information or future events or developments.

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SweeGen Launches BESTEVIA® TASTE SOLUTIONS

Enhanced Portfolio Saves Time and Cost in Product Development Cycle

Rancho Santa Margarita, Calif., August 28, 2019 – SweeGen, a nature-based sweetener company, announced the launch of its advanced stevia-based sugar reduction platform, BESTEVIA® TASTE SOLUTIONS. Product manufacturers will find the enhanced portfolio valuable in saving time and cost during their product development cycle. The platform is label friendly, nature-based, non-GMO, and cost competitive.

SweeGen previously built a distinctive non-GMO stevia platform and now enters a new business of product development for – amongst others – dairy, beverage, nutrition and confectionary with BESTEVIA® TASTE SOLUTIONS.

The company’s portfolio and expanded services provide clients with more options for delivering a full-taste experience for sugar reduced food and beverages with a sweetness profile and mouthfeel of sugar-made products.

“Our clients are faced with challenges in formulating reduced sugar products without compromising taste. SweeGen has the product development expertise and creative building blocks to provide solutions. We are excited to introduce our BESTEVIA® TASTE SOLUTIONS which offers the sweet taste experience consumers prefer,” said Shari Mahon, senior vice president of product development.

Mahon explains, “This platform enables my team and our clients to work together even closer. It is built on a strong stevia foundation, and is enhanced with our creative building blocks to provide a custom blended solution that delivers best tasting products.”

For more information about BESTEVIA® TASTE SOLUTIONS, please visit www.sweegen.com.

About SweeGen
SweeGen, a nature-based sweetener company, develops, produces, and distributes non-GMO sweeteners to the food, flavor, beverage, nutrition, and pharmaceutical industries. SweeGen’s robust product pipeline, intellectual property portfolio, dedicated manufacturing capacity, and R&D provide the foundation for innovation and delivery of high-quality sweeteners. For more information, please contact info@sweegen.com and visit SweeGen’s website, www.sweegen.com.

Cautionary Statement Concerning Forward-Looking Statements
This press release contains forward-looking statements, including, among other statements, statements regarding the future prospects for Bestevia® Taste Solutions. These statements are based on current expectations, but are subject to certain risks and uncertainties, many of which are difficult to predict and are beyond the control of Sweegen, Inc.
Relevant risks and uncertainties include those referenced in the historic filings of Sweegen, Inc. with the Securities and Exchange Commission. These risks and uncertainties could cause actual results to differ materially from those expressed in or implied by the forward-looking statements, and therefore should be carefully considered. Sweegen, Inc. assumes no obligation to update any forward-looking statements as a result of new information or future events or developments.

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SweeGen’s non-GMO Reb M Stevia Leaf Sweetener Approved in Singapore

Food and Drink manufacturers’ answer to Singapore’s proposed “Sugar Tax” 

Rancho Santa Margarita, Calif., Aug. 7, 2019 – SweeGen, Inc., a nature-based sweetener company announced the Singapore Food Agency has added SweeGen’s Reb M Stevia Leaf Sweetener to the list of permitted food additives.

SweeGen’s Reb M is a non-caloric stevia sweetener that provides sweetness with a clean, sugar-like taste and now enables food and beverage manufacturers to reduce sugar, without sacrificing taste.

This approval comes at a time when Singapore is considering a “sugar tax” hoping to change the behaviors of consumers and manufacturers on reducing sugar-based products. Earlier this year, Singapore’s Ministry of Health (MOH) proposed multiple measures potentially impacting the food and beverage sectors including banning the sale of higher sugar drinks and imposing a tax on sugar-based drinks.

SweeGen’s unique production starts with the stevia leaf and uses a patented bioconversion process to achieve high purity, clean-tasting Reb M. This process enabled SweeGen to obtain the Non-GMO Project verification for Reb M, which was commercialized in 2017 and has been approved in many regions around the world.

“We are excited to introduce our non-GMO Reb M stevia leaf sweetener to food and beverage manufacturers in Singapore,” said Lewis Tessarolo, senior director of business development Asia Pacific, SweeGen.  “Consumer demand for zero and reduced-sugar products is on the rise globally, and our non-GMO Reb M provides a solution to manufacturers.”

Reb M, together with Reb D and e+ is part of SweeGen’s non-GMO stevia sweetener portfolio. Consumer demand for zero and reduced-sugar products is on the rise globally, and nature-based stevia sweeteners provide a great tasting alternative to sugar and artificial sweeteners.

About SweeGen

SweeGen, Inc., is dedicated to the development, production and distribution of non- caloric sweeteners for the food, flavor and beverage industries. SweeGen’s robust product pipeline, intellectual property portfolio, and dedicated manufacturing capacity and R&D provide the foundation for innovation and delivery of high-quality sweeteners. For more information please contact info@sweegen.com and visit SweeGen’s website, www.sweegen.com.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains forward-looking statements, including, among other statements, statements regarding the future prospects for Reb M stevia leaf sweetener. These statements are based on current expectations, but are subject to certain risks and uncertainties, many of which are difficult to predict and are beyond the control of Sweegen, Inc.

Relevant risks and uncertainties include those referenced in the historic filings of Sweegen, Inc. with the Securities and Exchange Commission. These risks and uncertainties could cause actual results to differ materially from those expressed in or implied by the forward-looking statements, and therefore should be carefully considered. Sweegen, Inc. assumes no obligation to update any forward-looking statements as a result of new information or future events or developments.

Non-GMO BESTEVIA® Reb M stevia leaf sweetener approved in Australia, New Zealand.

Rancho Santa Margarita, CaliforniaJan. 24, 2019 /PRNewswire/ — Sweegen, Inc., a provider of non-GMO, nature-based stevia sweeteners, announced Food Standards Australia New Zealand (FSANZ) has assessed and approved BESTEVIA® Reb M Stevia Leaf Sweetener for use as a food additive in Amendment No. 183 issued on January 23, 2019.

After performing a detailed safety evaluation, FSANZ amended the current specification for Rebaudioside M under the Australia and New Zealand food standard code to include Sweegen’s BESTEVIA® Reb M, produced through a unique, stevia leaf – based bioconversion process.

BESTEVIA® Reb M is a non-caloric, high-purity stevia sweetener with a clean, sugar-like taste that can replace up to 100% of sugar or artificial sweeteners in beverages, dairy products, bakeries, and nutritional foods, amongst many other applications. Sweegen also offers stevia-leaf Reb D and its newest stevia sweetener, BESTEVIA® e+ in other countries, which are all great choices for sugar reduction, with a clean sweet taste, closest to sugar.

Sweegen is looking forward to working with local flavor houses to support sugar reduction projects locally. The worldwide trend towards clean labels supports the use of nature-based, non-GMO, sustainable ingredients, like Sweegen’s BESTEVIA® Reb M.

“We are excited to now offer our non-GMO Project Verified, great-tasting stevia sweetener in Australia and New Zealand. Reb M is the first of our stevia sweeteners to be approved, with further approvals in the pipeline. Our in-house applications team can also help food and beverage companies find the perfect sweetener solution to make their consumer products more competitive while meeting consumer taste preference,” said Katharina Pueller, director, natural sweetener business of Sweegen.

Cautionary Statement Concerning Forward-Looking Statements *

SweeGen’s new stevia product, BESTEVIA® ewill be introduced at Supply Side West in Las Vegas.

Rancho Santa Margarita, Calif.Nov. 5, 2018 /PRNewswire/ — Sweegen, a plant-based stevia company, and producer of next generation, non-GMO Reb M and Reb D, is moving to the next level of sugar reduction. The company is introducing its new stevia product BESTEVIA® eat Supply Side West in Las Vegas.

Sweegen has achieved great success with the market adoption of its Non-GMO BESTEVIA® Reb M and Reb D as sweeteners as well as sweet taste modulators. Reb M and Reb D have proven as two of the best nature-based sugar reduction tools on the market so far.

The Coca Cola Company and PepsiCo have patented the use of Reb M and Reb D respectively at certain usage levels in beverage applications. The beverage industry shows great respect to this existing IP and in response has been looking for new stevia molecules beyond Reb M and Reb D that can be used specifically in beverages.

Sweegen’s applications team, led by Shari Joslin, SVP of Application Technology, developed BESTEVIA® ewith a taste profile closer to sugar, high solubility for use in concentrates, high stability, and a price competitive to sugar. “We have tested this new product in beverages, dairy, nut butter, condiments, jams, jellies, and baked goods. The results are overwhelming and we are excited to show this new product to our customers,” says Shari Joslin. BESTEVIA® eis being tested in a number of applications by a professional sensory panel with very promising results.

“Our newest stevia sweetener contains Reb E 95%, Reb M (below 50ppm) and other stevia compounds, and provides the food and beverage industry an economic solution for 100% sugar reduction. At the same time BESTEVIA® e+ meets consumer taste preference,” says Katharina Pueller, director natural sweetener business.

Sweegen uses plant-based bioconversion to produce its non-GMO stevia sweeteners at a commercial volume. Most of Sweegen’s products have already been Non-GMO Project Verified, are FDA-GRAS and FEMA-GRAS.  BESTEVIA® eis approved to be sold in the US, with other regulatory approvals pending.

Sweegen welcomes all industry partners to discuss sugar reduction solutions at Supply Side West in Las Vegas, at booth #3943 or at Flavorcon, booth #704.

Cautionary Statement Concerning Forward-Looking Statements *

SweeGen names Shari Joslin SVP of Application Technology


Rancho Santa Margarita, Calif.July 12, 2018 /PRNewswire/ — SweeGen, Inc., a provider of nature-based, non-GMO stevia sweeteners, announced today that it is expanding its customer support services and has appointed Shari B. Joslin as Senior Vice President of Application Technology, effective July 1, 2018.

Shari leads the company’s product development and application activities, focusing specifically on the application of SweeGen’s portfolio of next generation, non-GMO verified stevia sweeteners like Reb M and Reb D into client’s food and beverage brands.

“SweeGen is moving rapidly to respond to consumer demand for natural, zero-calorie and non-GMO sweeteners,” said Chuck Davis, SweeGen’s President, “Shari is the right person to help our customers effectively reduce sugar and calories in their products while maintaining sugar-like taste.  She is a leader with an excellent track record of delivering results aligned with consumer trends.”

Prior to joining Sweegen in 2018, Shari held various executive roles in the flavor industry focusing on domestic and global innovation with a proven track record in commercializing flavor and ingredient technologies. Shari has been a successful senior leader in product and process development, a global innovation and business development for 29 years and worked for Brown Forman, Flavorman, Firmenich, Mane, Senomyx and Chromocell.

Shari received her Bachelor of Arts in Chemistry from Bellarmine University in Louisville, Kentucky and an Executive MBA from Rider University in Lawrenceville, NJ.

“SweeGen has developed and commercialized an exceptional pipeline of innovative stevia sweeteners. I am very excited and honored for this opportunity to join SweeGen,” states Shari Joslin, “With this new role, I am focusing on working directly with our clients to deliver great tasting, healthier food and beverage options for their consumers and expanding and strengthening their brand position. SweeGen is the solution provider with its innovative, non-GMO and non-caloric stevia sweeteners.”

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