NEWPORT BEACH, CA -- (Marketwire) -- 05/02/12 -- Adia Nutrition, Inc (PINKSHEETS: ADIA) is pleased to announce that they have just entered the e-commerce business in China with a new partner 360buy.com and will now be an official supplier to the Chinese online retailer. "We are happy to announce that they placed their first order yesterday and you can now purchase Adia Nutrition probiotic 'On the Go' powders and chews in China on their website: http://www.360buy.com/product/619099.html. We have spent considerable time evaluating the probiotics market in China, and we think our powders and chews offer superior taste, efficacy and value than many of the competitors. We are thrilled to be selling Adia Nutrition products in the world's fastest growing market," says Adia CEO Wen Peng.
360buy.com is the e-commerce leader in China. 360buy.com has raised $1.5 billion in funding from sources that include Digital Sky Technology, Tiger, Walmart and Sequoia. According to Alexia Tsotsis of TechCrunch, the e-Commerce industry in China saw $79 billion (520 billion yuan) in sales last year, and 360buy.com itself made an estimated $1.7 billion in sales in 2010.
Adia CEO Wen Peng added, "As we've expanded our distribution partners, we have been approached by distributor and retailers from around the world. We feel that 360buy.com gives Adia Nutrition the best online platform in China and we are delighted to be working with them."
360buy.com (also known as Jingdong Mall) is the largest B2C online retailer in China with over 35 million registered users and more than 8000 suppliers. 360buy offers a complete category of products and convenient delivery services to customers. 360buy has built a superior reputation in the E-Commerce field and won a large group of loyal customers in China. Since it started online retailing in 2004, 360buy keeps growing on an average rate of over 200% per year. Investors include some of the largest global investment firms and Walmart, the world's largest retailer.
About Adia Nutrition, Inc.
Adia Nutrition, Inc. (PINKSHEETS: ADIA) is a company specializing in great tasting and shelf stable probiotics. Currently, Adia offers four flavors of probiotic drink powders and two flavors of probiotic chews. Adia sells their product across the country and can be found in health clubs, independent pharmacies and health food stores. For more information, visit our website at www.adianutrition.com. In states and countries where Adia does not yet have retail distribution partners you can find Adia online. According to a market research report titled 'Probiotics Market,' published by Markets and Markets (www.marketsandmarkets.com), the global probiotics market is expected to be worth US$ 32.6 billion by 2014. Moreover, the global market is expected to record a CAGR of 12.6%.
For more information, visit our website at www.adianutrition.com.
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," and "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file with the U.S. Securities and Exchange Commission (SEC).
Adia Nutrition, Inc.
Director of Investor Relations