HARBIN, China, July 21 /Xinhua-PRNewswire-FirstCall/ -- China Kangtai Cactus Biotech Inc. (the "Company") (OTC Bulletin Board: CKGT), a vertically integrated grower, developer, manufacturer and marketer of a variety of cactus-based consumer products in China, announced today that it has commenced an advertising campaign, with the support of one of its largest shareholders, to market two innovative products that the Company recently launched. The products, Cactus Cattle Feed and Cactus Fish Feed, are expected to generate approximately 14.4 million RMB ($2.1 million) in annual sales.
China Kangtai Cactus expects to utilize both television and newspaper advertising to raise awareness of these new products, which provide cattle with the nutrition from cactus and have characteristics designed to prevent sepsis, inflammatory illnesses and to boost immunity. The products, which the Company has been developing since 2003, have been included in the National Spark Program of China in May 2004 and obtained the certification of the Chinese Scientific and Technological Achievements.
“We are pleased that a large shareholder has increased its investment in the Company to support these advertising activities,” said Jinjiang Wang, President of China Kangtai Cactus. “Once farmers and other owners of cattle and fish become aware of the health and productivity benefits of these products for their livestock and fish, we expect to generate significant revenue.”
About China Kangtai Cactus Biotech, Inc.
China Kangtai Cactus Biotech Inc. is market-leading cactus grower and producer of cactus-related products with over 387 acres of plants and an active R&D group that holds 17 product patents and is seeking another 13 in a variety of product categories. China Kangtai’s high-quality products are sold throughout China in supermarkets, food stores, hotels and restaurants through a growing distribution network that has currently covered 12 provinces and 2 municipalities.
Cautionary Statement Regarding Forward-looking Information
This press release contains forward-looking information about China Kangtai Cactus Biotech that is intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of
forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and include discussions of strategy, and statements about industry trends and China Kangtai Cactus Biotech future performance, operations and products.
For more information, please contact:
Chengzhi Wang
General Manager
China Kangtai Cactus Biotech, Inc.
Tel: +86-158-0451-2893
Email: chinakangtai@gmail.com
Web: http://www.biocactus.com
Investor Relations:
Dan Schustack
CEOcast, Inc.
Tel: +1-212-732-4300
Email: dschustack@ceocast.com
