AXM Pharma Hires Leading Chinese Pharmaceutical Sales Executives To Support Growth.Company Confident It Will Meet 2007 Revenue and Profitability Targets DIAMOND BAR, Calif. -- AXM AXM Astonishing X-Men (comic) AXM Authorized Cross Memory Pharma Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : AXMP) a manufacturer of proprietary and generic pharmaceutical and nutraceutical products for the Chinese and other Asian markets, announced today that it has hired four experienced Chinese pharmaceutical sales and marketing employees to lead its sales activities in 2007. The Company appointed Wang Wenxiu as General Manager of AXM Pharma (Shenyang), Inc., Mei Shengliang, General Manager of Sales & Marketing, Han Aiguo as Vice General Manager and Jiao Yu, Vice General Manager. "We are excited to attract such an experienced and talented team of marketing executives," said Wang Weishi, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AXM Pharma, Inc. "These executives should help us achieve our 2007 sales objectives." Prior to joining AXM, Mr. Wang Wenxiu joined Jilin Tonghua Tianma Pharma Limited Company in 2000, and served as marketing general manager for five years. From the end of 2005 till the end of 2006, he served as General manager in Beijing Yuhuatang Sci-Tech Development Co., Ltd. Mr. Mei Shengliang graduated in 1986 from Nanjing University of Traditional Chinese Medicine Traditional Chinese Medicine Definition Traditional Chinese medicine (TCM) is an ancient and still very vital holistic system of health and healing, based on the notion of harmony and balance, and employing the ideas of moderation and prevention. (TCM (1) (Trellis-Coded Modulation/Viterbi Decoding) A technique that adds forward error correction to a modulation scheme by adding an additional bit to each baud. TCM is used with QAM modulation, for example. ). From 1986 through 1999, he served in various capacities, including distribution manager for Jiangsu Yangtse River Pharmaceutical Group nationwide. Mr. Mei served as General Manager of Jiangsu Jichuan Pharma Inc from 1999 until 2003, and Senior General Manager in Shenzhen Wanji Group from 2004 through 2005. Thereafter, he was General Manager of Hainan Zhongshengkang Medicine Co., Ltd. Prior to joining AXM Pharma (Shenyang), Inc., Mr. Han Aiguo served in Jilin AoDong Medicine Industry Group Co., Ltd (AoDong) for 14 years (from 1992 to 2006). AoDong was founded in 1993 and became a Shenzhen Stock Exchange Shenzhen Stock Exchange One of two major securities markets in China. (SSE (1) An earlier full-screen editor in OS/2. (2) (Streaming SIMD Extensions) A series of additional instructions built into Pentium CPU chips for improved multimedia performance by performing mathematical operations on multiple sets of data at the ) listed company in October, 1996. In 1999, Mr. Han was entrusted by AoDong to establish Zhengzhou (capital of Henan province) AoDong Pharma Ltd, a subsidiary of AoDong engaged in. From 1999 to 2006, Mr. Jiao Yu served in Jinlin Tonghua Tianma Pharma Limited Company as Regional Manager and Guangdong Hefeng Pharma Ltd as Vice General Manager. About AXM Pharma, Inc. AXM Pharma, Inc., through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , AXM Pharma Shenyang, Inc. ("AXM Shenyang"), is a manufacturer of proprietary and generic pharmaceutical products, which include injectables, capsules, tablets, liquids and medicated medicated /med·i·cat·ed/ (med´i-kat?id) imbued with a medicinal substance. medicated contains a medicinal substance. skin products for export and domestic Chinese sales. AXM Shenyang is located in the City of Shenyang, in the Province of Liaoning, China. AXM Shenyang has an operating history of approximately 10 years. For additional information on AXM Pharma Inc., please visit http://www.axmpharma.com Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained in this news release include certain predictions and projections that may be considered forward-looking statements under securities law, including the statements regarding the Company's opportunities for future growth. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the performance of joint venture partners, obtaining regulatory approvals to market the Company's products, the uncertainties associated with distributing products in a developing country such as China, the availability of cash to meet near term requirements as well as other economic, competitive and technological factors involving the Company's operations, markets, services, products and prices. With respect to AXM, except for the historical information contained herein, the matters discussed in this news release are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, AXM's extremely limited operating history, uncertainties related to the Company's access to additional capital, competition and dependence on key management. |
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