HARBIN, China, July 14 China KangtaiCactus Biotech Inc. (the "Company") (OTC Bulletin Board: CKGT), a verticallyintegrated grower, developer, manufacturer and marketer of a variety ofcactus-based consumer products in China, announced today that it has launchedtwo innovative products, Cactus Cattle Feed and Cactus Fish Feed. It isexpected that the Company will generate approximately 14.4 million RMB ($2.1million) in annual sales from the two products, commencing during the currentquarter.
''We believe the market for these products is substantial,'' said JinjiangWang, President of China Kangtai Cactus. ''Farmers and other owners of cattleare constantly seeking ways to improve the health and productivity of theirlivestock and fish, and these products have demonstrated the ability toenhance both. We expect there to be significant interest in each product.''
The products provide cattle with the nutrition from cactus and havecharacteristics designed to prevent against sepsis, inflammatory illnesses andto boost immunity. The products, which the Company has been developing since2003, have been included in the National Spark Program of China in May 2004and obtained the certification of the Chinese Scientific and TechnologicalAchievements.
Test results from the products have been impressive. For example thetest of Cactus Cattle Feed increased the milk production of cows while thetest of Cactus Fish Feed demonstrated an increased production from fish.Tests have also demonstrated that Cactus Cattle Feed can enhance the abilityof animals to against severe colds and can boost the immune system of animals.
The Company obtained patent protection for the two products earlier thisyear through the issuance of the Certificate of National Invention Patent ofChina.
About China Kangtai Cactus Biotech, Inc.
China Kangtai Cactus Biotech Inc. is market-leading cactus grower andproducer of cactus-related products with over 387 acres of plants and anactive R&D group that holds 17 product patents and is seeking another 13 in avariety of product categories. China Kangtai's high-quality products are soldthroughout China in supermarkets, food stores, hotels and restaurants througha growing distribution network that has currently covered 12 provinces and 2municipalities.
Cautionary Statement Regarding Forward-looking Information
This press release contains forward-looking information about ChinaKangtai Cactus Biotech that is intended to be covered by the safe harbor forforward-looking statements provided by the Private Securities LitigationReform Act of 1995. Forward-looking statements are statements that are nothistorical facts. These statements can be identified by the use offorward-looking terminology such as "believe," "expect," "may," "will,""should," "project," "plan," "seek," "intend," or "anticipate" or the negativethereof or comparable terminology, and include discussions of strategy, andstatements about industry trends and China Kangtai Cactus Biotech futureperformance, operations and products.For more information, please contact: Chengzhi Wang General Manager China Kangtai Cactus Biotech, Inc. Tel: +86-158-0451-2893 Email: [email protected]
Web: http://www.biocactus.com Investor Relations: Dan Schustack CEOcast, Inc. Tel: +1-212-732-4300 Email: [email protected]
SOURCE China Kangtai Cactus Biotech, Inc.