Bodisen Brand Receives National Award and Company Successfully Expands Nationwide Product Distribution Network in China.Business Editors YANG LING ling: see cod. , China--(BUSINESS WIRE)--June 9, 2004 Bodisen Biotech bi·o·tech n. Informal Biotechnology. biotech Noun short for biotechnology Noun 1. , Inc. (stock symbol: BBOI), a Delaware corporation A Delaware corporation is a corporation chartered in the U.S. state of Delaware. Delaware is well known as a corporate haven, and thus, over 50% of US publicly-traded corporations and 58% of the Fortune 500 companies are incorporated in the state. , is a leading organic fertilizer manufacturer in China (www.bodisen.com). The company announced today that its Bodisen brand, in addition to approximately 10 other fertilizer manufacturers, has been designated as one of China's most recognized brand names by the prestigious China Light Industry Product Quality Assurance Center, a Chinese government Ever since Republic of China founded in January 1st, 1912, China has had several regional and national governments. List
Companies that receive such certification must be able to demonstrate excellence in product quality, customer service, and nationwide brand recognition and business reputation in an industry. In addition, the company announced successful nationwide product distribution expansion from 580 to over 600 national wholesalers in over 20 Chinese provinces, covering approximately 60% of China. Ms. Qiong Wang, Bodisen's Chairman & 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. commented: "We are pleased to be recognized by the Chinese government as one of the well recognized brands in China. As we rapidly expand our production capability to meet increasing demand within China, we are experiencing strong sales growth in the current quarter, particularly in our high margin liquid fertilizer business." BODISEN's organic compound fertilizer products consist of 60 different types of compound fertilizer, liquid fertilizer and pesticide products. Bodisen fertilizer products are made of environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] organic components based on company proprietary technology. Bodisen's products can improve crop yields by 10-15% per acre, and increase yields of non-food crops such as cotton and fruits by over 30% per acre. About Bodisen Biotech, Inc. Founded in 2001, Bodisen is a leading manufacturer and marketer of environmentally friendly organic fertilizers and pesticides in China. The company is located in Shaanxi, China, an agriculturally oriented province and the economic gateway to the western regions of China. Bodisen is a highly respected organic brand in China. Its "green" products support the mandate of the National Government to increase crop yields for the purpose of decreasing China's dependency on food imports. Using proprietary technologies, Bodisen currently sells over 60 packaged products which are broken down into 3 product categories: Organic Compound Fertilizer, Liquid Fertilizer, and Pesticides & Insecticides insecticides, chemical, biological, or other agents used to destroy insect pests; the term commonly refers to chemical agents only. Chemical Insecticides . Bodisen's products enjoy brand recognition and a price premium over competitive brands. With distribution in 20 provinces and an expanding geographic footprint, Bodisen is well positioned to take advantage of the growing demand for fertilizers. www.bodisen.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 This press release may contain 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. within the meaning of the "safe harbor" provisions of 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. These statements are based on the current expectations or beliefs of Bodisen Biotech, Inc. management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: adverse weather conditions, historical seasonality, loss of customers, increased competition and other risks detailed from time to time in filings with the Securities and Exchange Commission. Consequently, if such management assumptions prove to be incorrect or such risks or uncertainties materialize, the Company's actual results could differ materially from the results forecast in the forward-looking statements. |
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