Monday, June 21, 2010

ONE Bio Signs Supermarket Chains Expanding Its Organic Vegetable Business

"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, announced that its subsidiary, United Green Technology, Inc. ("UGTI") through its Chinese operating unit, signed two distribution agreements with supermarket chains for distributing its organic vegetable and fruits products.

ONE's organic products division has just signed new lucrative distribution agreements which will result in more rapid expansion into the retail environment in mainland China. Recently, ONE signed distribution agreements with two supermarket chains in order to offer retail distribution of our products in more than 20 locations. The first two supermarket chains that ONE has partnered with are located in the Fuijan province and operate stores under the Xin Huadu and Jie long brand names. These are established retailers in their respective markets."

Read the article