Asia Cork, Inc. Q2 '08 Revenue Up 79% to $6.37 Million; Net Income Up 96% Year-Over-Year.

XI'AN, China -- Asia Cork Inc., formerly known as Hankersen International Corp., (OTCBB: AKRK), a leading manufacturer of cork-based environmentally-friendly building materials for the Chinese and international building industry, announced financial results for the second quarter and the six months ended June 30, 2008.

For the second quarter of 2008, revenues were approximately $6.37 million, a 79% increase from approximately $3.55 million of revenues generated in the comparable quarter in 2007. On a sequential basis, revenue for the second quarter increased 153% from approximately $2.52 million for the first quarter of 2008. The increase was primarily due to the company's expanded sales efforts and increased unit sales prices. Selling expenses were $832,792, up from $384,473 reported in the comparable quarter in 2007, which reflects the company's strategic focus on expanding its sources of revenue.

Gross Profit increased 126% to approximately $2.19 million for the second quarter of 2008 from $969,090 for the comparable period in 2007. Gross profit percentage for the quarter was 34.45%, which compares to a 27.3% for the same quarter in 2007. Net income for the quarter was $761,675 or $0.02 diluted EPS, compared to a net income of $389,021 or $0.01 diluted EPS for the same quarter last year. Sequentially, net income for the second quarter increased 95% from $390,182 for the first quarter of 2008.

For the six months ended June 30, 2008, Asia Cork reported revenue of approximately $8.88 million, an increase of 68% from approximately $5.28 million of revenues generated in the first six months of 2007. Gross profit increased 121% to $3.03 million for the six months ended June 30, 2008, up from approximately $1.37 million for the comparable period of 2007. Gross profit percentage for the first six months of 2008 was 34.07%, up from the 25.93% reported in the comparable period of 2007. Net income was approximately $1.15 million, which compares to net income of $498,414 for the six months ended June 30, 2007.

Asia Cork CEO Pengcheng Chen said, "Asia Cork has demonstrated continued growth in both revenue and net income. Gross profit as a percentage of revenue also increased mainly as a result of our increased sales in finished products with a higher profit margin. Looking forward in 2008, Asia Cork hopes to continue to become a leading world-wide contributor in the green building materials market, not only by the expansion of manufacturing facilities, but also from the strategic vertical integration of the raw material industry."

The financial statements follow.

About Asia Cork Inc.

Located in Xi'an, China, Asia Cork, Inc. is a rapidly growing leader in the development, manufacturing and marketing of cork-based building materials. Cork is a 'green' renewable resource harvested only from the bark of the cork oak tree, thus leaving forests generally undamaged. The company's product lines include raw cork materials, semi-finished cork and finished cork products such as cork floorboards and cork wallboards. Approximately 75% of the company's products are sold within China and the rest are sold overseas to customers in the United States, Germany, Japan and India. The company currently capitalizes on four technological patents, to which the company has exclusive rights. The company operates in China under the Xi'an Hanxin brand. More information may be found at http://www.hxrm.com.

An investment profile on Asia Cork, Inc. may be found at http://www.hawkassociates.com/profile/akrk.cfm. For an online investor relations kit, visit http://www.hawkassociates.com or http://www.americanmicrocaps.com. For more investor-related questions, contact Frank Hawkins, Hawk Associates, at 305-451-1888, e-mail: [e-mail]. To subscribe to future releases via e-mail alert, visit http://www.hawkassociates.com/about/alert/.

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in reports filed by the company with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

[TABLE OMITTED]
[TABLE OMITTED]