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CortDev, Inc. Announces that Botaniex, Inc. has Purchased a Major Parcel of Land in Guangdong, China; Future Site of Botaniex, Inc.'s Multi-Million Dollar Manufacturing Facility.


HOUSTON -- CortDev, Inc. (CDVJ: Pink Sheets), today announced that Botaniex Inc. has purchased a 16.5-acre parcel of land in Zhaoqing High Technology Industry Development Zone, Guangdong Province Noun 1. Guangdong province - a province in southern China
Guangdong, Kwangtung
, China. In order to meet the rising global demand for its innovative ingredients and profit from the prevailing favorable fa·vor·a·ble  
adj.
1. Advantageous; helpful: favorable winds.

2. Encouraging; propitious: a favorable diagnosis.

3.
 market trends, Botaniex, Inc. plans to construct a multi-million dollar, state-of-the-art manufacturing facility on this property.

Within a couple of years following its development and construction, Zhaoqing High Technology Industry Development Zone has become a world-class industrial development property. There are a total of 126 foreign-funded enterprises, including Fortune 500 companies from various industries, which have invested into the Zone; representing over $650 million of foreign investment.

Botaniex, Inc. has been approached by three local contractors that will bid on the construction of the plant. The Company will screen each firm based on their credentials, construction expertise and quality and cost control. Botaniex will announce the awarding of this major project to one of the local contractors upon the completion of the bidding process.

About Botaniex Inc.

Botaniex Inc. is an innovative manufacturer of botanical/herbal extracts, serving the worldwide manufacturers of dietary supplements Noun 1. dietary supplement - something added to complete a diet or to make up for a dietary deficiency
diet - a prescribed selection of foods

vitamin pill - a pill containing one or more vitamins; taken as a dietary supplement
, health foods, functional beverage, pharmaceuticals and cosmetics. The Company's product line is broad, ranging from tea and herbal extracts Herbal extract is a liquid solution of herbs and alcohol. The dried or fresh herbs are combined with alcohol, then the solid matter is removed leaving only the oils of the herbs mixed with the alcohol. This process is called extraction, hence the name, herbal extract.  to essential oils. Botaniex not only provides customized ingredients, but also offers value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions.  such as formulation assistance, clinical trial support and private label manufacturing. The Company is in the process of expanding its operations, including its client and asset-base, in Asia and overseas. Botaniex's goal is to become a major player in the multi-billion dollar global herbal herbal, early botanical book containing descriptions and illustrations of herbs and plants with their properties, chiefly those qualities that made them useful as medicines or condiments. Most of the herbals were written between c.1470 and c.  products industry. For further information visit the Corporate website at www.botaniex.com.

For more information please contact current 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. , until the completion of the name change, Andrea Cortellazzi at 514-288-9699.

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.
 

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 12, 2005
Words:397
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