SweeGen Announces Successful Scale-up of Bestevia® Reb N

Rancho Santa Margarita, Calif., Jan. 12, 2021 (GLOBE NEWSWIRE) — SweeGen is making possible a healthier, more guilt–free, and sweeter world with the commercialization of Bestevia Rebaudioside N (Reb N), a special zero–calorie, highly sought–after natural stevia sweetener.

Reb N is a naturally occurring sweetener found in stevia leaves. The unique sensory profile of Bestevia Reb N makes it especially attractive for beverage applications, which is an application space that has already been exclusively licensed out. With its unique functionality, Reb N also works very well in a variety of foods.

Following SweeGen's commercial announcements of Bestevia Rebs B and I this year, and with the addition of Reb N, the company's portfolio of sugar reduction solutions is the broadest available in the industry for tackling sugar reduction challenges.

"Bestevia Reb N has a unique sweet profile that helps us create solutions that have a taste profile closer to both full–calorie and high intensity sweeteners," said Shari Mahon, SVP of global application technology. "Our solutions are one of the most unique and tailored in the industry because of our access to the widest range of Rebs for sugar reduction."

SweeGen's entire proprietary portfolio of natural stevia sweeteners are classified as next generation non–GMO, high–purity, and clean tasting. The Bestevia portfolio includes Rebs B, D, E, I, M, and now Reb N. These Rebs translate to highly–relevant, clean–label, sustainable, natural sweeteners that consumers are seeking in finished products.

Much like Bestevia Rebs M, E and I, Reb N is found in trace quantities in the stevia leaf, which historically made it difficult and expensive to isolate. SweeGen's Bestevia Reb N is now accessible because it is produced by a patented bioconversion technology, which starts with sustainably–sourced stevia leaf, and results in great tasting, pure molecules that are found in nature. This process was developed by Conagen, a biotech innovator of sustainable ingredients.

"The introduction of Reb N is another great example of how Conagen's deep expertise in bioconversion technology enables the creation of unique stevia sweeteners," said Conagen's VP of Innovation, Dr. Casey Lippmeier. "With such a wide range of next generation stevia offerings now available, we will see a new level of innovation in better–for–you products that was previously considered impossible."

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About SweeGen

Sweegen provides sweet taste solutions for food and beverage manufacturers around the world.

We are on a mission to reduce the sugar and artificial sweeteners in our global diet. Partnering with customers, we create delicious zero–sugar products that consumers love. With the best next generation stevia sweeteners in our portfolio such as Bestevia Rebs B, D, E, I, M, and N, along with our deep knowledge of flavor modulators and texturants, SweeGen delivers market–leading solutions that customers want and consumers prefer.

For more information please contact info@sweegen.com and visit SweeGen's website, www.sweegen.com.

About Conagen

Conagen is making the impossible possible. Our scientists and engineers are bettering humankind and the world by employing advanced synthetic biology tools for the bioproduction of high–value ingredients for food, nutrition, flavor and fragrance, pharmaceutical, and renewable materials industries. www.conagen.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.

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CNH Industrial completes the acquisition of four divisions of CEG in South Africa

CNH Industrial completes the acquisition of four businesses of Capital Equipment Group (CEG). This transaction will enable the Company to expand its direct distribution network in southern Africa and drive continuous development of new and improved services for our customers in the region.

LUGANO, Switzerland, Jan. 12, 2021 (GLOBE NEWSWIRE) — CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that it has successfully concluded the deal to acquire the four businesses from CEG, a business unit of Humulani Marketing Pty Ltd, ultimately owned by Invicta Holdings Limited. The businesses to be acquired from CEG are: Case IH distributor Northmec; CASE Construction Equipment distributor CSE; spare parts distributor NHSA; and spare parts and implements distributor Landboupart.

While these four divisions will continue to do business under their established market identities, they are now an integral part of CNH Industrial and will continue to support the Company's dealer network and end users with their in–depth and longstanding knowledge of the local market.

The transaction enables CNH Industrial to consolidate the distribution of Case IH Agriculture, CASE Construction equipment and aftermarket services in South Africa. It will allow the Company to provide an enhanced customer experience throughout the entire pre–and–after sales cycle, and strengthen its position to further develop its presence in the region.

"The Republic of South Africa is one of the most important markets for CNH Industrial on the Continent. This investment is testament to our confidence in the agriculture and construction markets' potential. It also speaks to our commitment to growth in the Country, as well as across the wider southern Africa region," said Federico Bellotto, Head of Agriculture and Construction, CNH Industrial South Africa and Southern African Customs Union. "The new consolidated distribution and service structure will enable us to be more agile and responsive to the specific needs of local customers, strengthening all–round support and ensuring our product offering perfectly matches their specific requirements."

Sign up for news alerts from CNH Industrial and its brands on the CNH Industrial AMEA & ANZ Newsroom: media.cnhindustrial.com/AMEAANZ–ENGLISH/Subscribe

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions. More information can be found on the corporate website: www.cnhindustrial.com

Media contacts:

Nan Nie
Corporate Communications Manager AMEA & ANZ
Tel: +86 21 2082 2201
E–mail: media.amea@cnhind.com


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