Benda Subsidiary Benda Ebei Appoints New General Manager.HUBEI PROVINCE, China -- Benda Pharmaceutical, Inc. ("Benda" or the "Company") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : BPMA BPMA British Promotional Merchandise Association BPMA British Pump Manufacturers' Association (UK) BPMA Bergmans Project Management (Netherlands) BPMA Best Practice Management Award ), a China-based pharmaceutical company producing traditional Chinese and conventional medicines, as well as Gendicine([R]), the world's first commercialized gene therapy medicine for the treatment of cancer, announced today the appointment of Mr. Jinghai Xu as General Manager of the Benda Ebei plant effective August 14, 2007. Mr. Xu, a Chinese licensed pharmacist pharmacist /phar·ma·cist/ (fahr´mah-sist) one who is licensed to prepare and sell or dispense drugs and compounds, and to make up prescriptions. phar·ma·cist n. and senior economist, has over 35 years of experience in the Chinese pharmaceutical industry. Most recently, he served as Associate General Manager of Wuhan Fuxing Biological Pharmaceutical Co., Ltd. Under his leadership, Wuhan Fuxing's revenue grew from $1.3 million in 2004 to $6.6 million in 2006. Prior to working at Wuhan Fuxing, Mr. Xu was the General Manager of Wuhan Hubin Shuang He Pharmaceutical Co., Ltd, the largest intravenous injection Noun 1. intravenous injection - an injection into a vein fix - something craved, especially an intravenous injection of a narcotic drug; "she needed a fix of chocolate" supplier in Hubei Province, where he helped grow revenue from $18.5 million in 2000 to $52.9 million in 2004. Yiqing Wan, Chairman 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. , stated, "Mr Xu's experience, knowledge of the pharmaceutical industry and proven track record make him a valuable asset to our company. The addition of Mr. Xu, is an example of the efforts Benda is making to further strengthen its core management and increase shareholder value from the inside out." About Benda Pharmaceutical, Inc. Benda Pharmaceutical, Inc. (www.bendapharma.com), a China-based pharmaceutical company, is a pure play on explosive Chinese pharmaceutical spending and the global search for a cancer cure. Benda produces traditional Chinese and conventional medicines, as well as Gendicine([R]), the world's first commercialized gene therapy medicine for the treatment of cancer. FORWARD-LOOKING STATEMENTS forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The 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. for forward-looking statements contained in the Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995 protects companies from liability for their forward looking statements if they comply with the requirements of the Act. |
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