SAN CARLOS, Calif., July 13, 2011 (GLOBE NEWSWIRE) -- Sinobiomed Inc. (d/b/a Sitoa Global Inc.) (OTCQB:STOA) (the "Company"), an e-commerce facilitator, today announced that Chunjie365, the Company's recently launched social e-commerce site focused on the China market, has signed Buzz Strong's as a US based "Anchor Seller" partner. Chunjie365, is aggregating select Anchor Sellers, with non-China based brands and selling them to the China specialty gift consumer market via the Company's e-commerce platform.
Diana Wang, Executive Director of Chunjie365 comments, "We are extremely pleased to be working with the Buzz Strong's team to bring their Real Coffee Cookies into the China consumer market. The recent uptake in coffee and coffee related products in China has been strong and we believe Buzz Strong's coffee cookies will be a hit with consumers."
Carl Weisberg, President of Top Floor Creations and owner of the Buzz Strong's brand states, "With coffee consumption growing at about 20% a year in China, our partnership with Chunjie365 could expand our presence in Asia significantly. The Chunjie365 management team has been flexible and creative in their marketing and distribution solutions for this vast market. They have been great to work with and we are very excited about bringing our unique coffee cookie to the Far East. I think we can take a tasty bite into this market!"
ABOUT SINOBIOMED INC. (d/b/a SITOA GLOBAL INC.)
Sinobiomed Inc. (soon to be Sitoa Global Inc.), is an e-commerce facilitator that seeks to enable new advances in e-commerce by building and managing leading online marketplaces that match online sellers with targeted customer groups. The Company's efforts target the growth of e-commerce, online media, and social networking. Its goal is to provide infrastructure for online sellers designed to attract focused customer communities as part of a social marketplace, expanding retail selling channels without the risks of focus dilution, increased capital, and operating costs. As part of its revenue model, the Company shares in revenue generated by the marketplace sites, in addition to charging one-time integration and hosting fees.
ABOUT TOP FLOOR CREATIONS, LLC
Top Floor Creations, LLC, a California based company, was formed to produce, market, and distribute Buzz Strong's bakery products in 1997. Buzz Strong's Real Coffee Cookies were Top Floor Creations' original product. Eating one Buzz Strong's Real Coffee Cookie equals drinking one cup of coffee, providing a natural coffee experience. In 2008, TFC expanded and diversified with Buzz Strong's Bakery cookies (without coffee) created for students looking for an enjoyable snack in US secondary schools that also meet states' nutritional standards. By 2009, these cookies could be found as healthy alternatives in mainstream locations throughout the United States and Japan. More information at http://www.buzzstrong.com
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the continued growth of the e-commerce segment and the ability of the Company to continue its expansion into that segment; the ability of the Company to successfully execute its business plan; the business strategy, plans, and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions and involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume any duty to update these forward-looking statements.