HARBIN, China, July 21 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 commencedan advertising campaign, with the support of one of its largest shareholders,to market two innovative products that the Company recently launched. Theproducts, Cactus Cattle Feed and Cactus Fish Feed, are expected to generateapproximately 14.4 million RMB ($2.1 million) in annual sales.
China Kangtai Cactus expects to utilize both television and newspaperadvertising to raise awareness of these new products, which provide cattlewith the nutrition from cactus and have characteristics designed to preventsepsis, inflammatory illnesses and to boost immunity. The products, which theCompany has been developing since 2003, have been included in the NationalSpark Program of China in May 2004 and obtained the certification of theChinese Scientific and Technological Achievements.
''We are pleased that a large shareholder has increased its investment inthe Company to support these advertising activities,'' said Jinjiang Wang,President of China Kangtai Cactus. ''Once farmers and other owners of cattleand fish become aware of the health and productivity benefits of theseproducts for their livestock and fish, we expect to generate significantrevenue.''
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.