Tuesday, July 27, 2010

Nutrastar International, Inc. (NUIN.OB) Signs Lucrative Product Purchase Agreement

One company that is starting to develop a global presence is Nutrastar International, Inc. Located in Harbin, China, Nutrastar International is a China-based nutraceutical company which produces and distributes Chinese Golden Grass (“Cordyceps Militaris”), organic and specialty food products. Today, Nutrastar announced they have signed a product purchase agreement of $1.47 million with Century Brighton Holdings Limited.

Under the terms of this agreement, Century Brighton Holdings will sell small packages of Golden Grass as an agent for Nutrastar. The initial batch of goods purchased by Century will be for $0.3 million.

Century Brighton, which was founded in 2002 in Hong Kong, mainly operates as the sales agent or distributor for high-end ginseng, tea and wine in China and Hong Kong. This new purchase agreement will increase Nutrastar’s geographical footprints in both of these markets and add a great deal of credibility to the young company.

Leading the way at Nutrastar is Ms. Lianyun Han who is the founder and CEO of the company. When asked what this product purchase agreement will mean to the future of Nutrastar, Han was quoted as saying, “We are very excited to add Century Brighton to our dedicated list of purchasing agents. We anticipate that through their vast network of distributors and customers, we will continue to expand our sales and geographical footprint as a leading supplier of Golden Grass to the Chinese marketplace.”

Currently, Nutrastar is trading in the $2.86 range. With this new product purchase agreement in place, Nutrastar has the potential to evolve into a global power in the near future.

To learn more about this up-and-coming company, visit the company website at: www.nutrastarintl.com.

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