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                                                                    EXHIBIT 99.1

STEVIA CORP. SECURES $500,000 PRIVATE PLACEMENT
FINANCING WITH INSTITUTIONAL INVESTORS

AUG 02, 2012

INDIANAPOLIS, IN--STEVIA CORP. (OTCBB: STEV) ("Stevia Corp." or the "Company"),
a farm management company focused on the economic development of stevia, the
fastest growing product in the alternative sweetener sector, is pleased to
announce that effective August 1, 2012 it has entered into a definitive
securities purchase agreement with certain institutional investors to raise
$500,000 in a private placement financing.

Upon closing of the financing, subject to certain closing conditions, which have
not yet been satisfied, the Company will issue an aggregate of 1,066,667 shares
of the Company's common stock at a price per share of $0.47 and also issue to
each investor a warrant to purchase an equal number of shares of the Company's
common stock at an exercise price of $0.64 with a term of 5 years. Additionally,
the Company has agreed to file a registration statement with the Securities and
Exchange Commission to register the resale of the securities sold in the
offering.

The proceeds from the offering, net of certain fees and expenses, will be used
to advance the Company's ability to execute its growth strategy and will greatly
aid in the commercial development of the recently announced launch of its
subsidiary, Stevia Technew Limited.

George Blankenbaker, Stevia Corp. President, comments, "Now that we are
progressing to our commercialization phase, we are very focused on achieving our
EBITDA profit forecasts and look forward to using the proceeds to generate
revenue growth over the coming months."

This press release does not constitute an offer to sell or the solicitation of
an offer to buy the securities, nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to the registration or qualification under the securities laws of such
jurisdiction. Further details of the Company's business, finances, appointments
and agreements can be found as part of the Company's continuous public
disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed
with the Securities and Exchange Commission's ("SEC") EDGAR database. For more
information visit: www.steviacorp.us.

ABOUT STEVIA CORP. (OTCBB: STEV)
Stevia Corp. is a farm management company focused on best practice agronomic
competency in order to deliver high-value stevia through proprietary plant
breeding, excellent agricultural methodologies and innovative post-harvest
techniques. To date, the Company has acquired two grower supply contracts and
three nursery fields in Vietnam. For more information visit: www.steviacorp.us.

ABOUT THE STEVIA INDUSTRY SECTOR
Within two years of the USA market opening, Nielsen-based retail consumption
data indicated almost $1 billion of retail sales for the sector. In 2010, stevia
products were launched across thirty-five countries and in 38 categories. Zenith
International estimates worldwide sales of stevia extract reached 3,500 tons in
2010 with an overall market value of $285 million and forecasts the global
market for stevia will reach 11,000 tons by 2014 requiring the tripling of
stevia leaf production at the farm level to keep pace with consumer demand. For
more information visit: www.steviacorp.us.

NOTICE REGARDING FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" as that term is defined
in Section 27A of the United States Securities Act of 1933, as amended and
Section 21E of the Securities Exchange Act of 1934, as amended. Statements in
this press release which are not purely historical are forward-looking
statements and include any statements regarding beliefs, plans, expectations or
intentions regarding the future. Such forward-looking statements include, among
other things, issuance of securities upon closing of the financing, filing of a
registration statement, contemplated use of proceeds from the financing, growth
plans, business strategy, worldwide sales of stevia extract and sweetened
products, growth of stevia leaf production and growth of the stevia global
market. Actual results could differ from those projected in any forward-looking
statements due to numerous factors. Such factors include, among others, the
inherent uncertainties associated with new projects and development stage
companies. These forward-looking statements are made as of the date of this news
release, and we assume no obligation to update the forward-looking statements,
or to update the reasons why actual results could differ from those projected in
the forward-looking statements. Although we believe that any beliefs, plans,
expectations and intentions contained in this press release are reasonable,
there can be no assurance that any such beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consult all of the
information set forth herein and should also refer to the risk factors
disclosure outlined in our annual report on Form 10-K for the most recent fiscal
year, our quarterly reports on Form 10-Q and other periodic reports filed from
time-to-time with the Securities and Exchange Commission.

CONTACT:
Investor Relations
Crescendo Communications, LLC
Email: stev@crescendo-ir.com
Tel: +1-888-940-4050
Web: www.steviacorp.us

Source: Stevia Corp.