SHANGHAI, China, Feb. 27 /Xinhua-PRNewswire-FirstCall/ -- Linkwell Corporation (OTC Bulletin Board: LWLL), a leading developer, manufacturer and distributor of healthcare related disinfectants in China, announced today that one of its major products, An'erdian Skin Disinfectant, was chosen by the Organizing Committee for the 2008 Beijing Olympic Games for use in all hospitals supporting the Olympic games. An'erdian has numerous uses including daily hygiene, gynecology and skin disease treatment.
Linkwell's Chief Operation Officer, Mr. Chunming Huang, stated, "We are very honored that our product was chosen for the 2008 Olympics. The selection shows confidence in Linkwell's products and enables us to display our lead product to millions of users and promote our product line to an image-conscious consumer market. This is a great honor for our product and our company. We look forward to providing a great and safe product in support of the Olympics, just as we have done for Chinese citizens since 1995."
Linkwell has sold more than 80 million bottles of An'erdian Skin Disinfectant since 1995 to more than 5,000 hospitals and medical facilities all over the country. It is estimated that An'erdian has been used effectively and safely on patients in more than 6 billion applications.
An'erdian was honored as the 2005 National Key Product by four government agencies, including the Chinese Ministry of Science and Technology, Ministry of Commerce, State Environmental Protection Administration and State Bureau of Quality and Technical Supervision.
Mr. Huang continued, "As one of our 56 products and a growing pipeline, we believe the use of An'erdian in the 2008 Olympics will accelerate our marketing growth in China and open international marketing opportunities. We believe that another key new product will be Likang #84 Disinfectant, which was recently approved by the Chinese Public Health Department."
Likang #84 is a liquid chemical disinfectant for use in households on most surfaces. This new formula carries a shelf life of two years versus the competitors' similar products, which have a limited shelf life of 90 days.
Linkwell markets 56 products, making it the #1 disinfectant brand in China. In 2004, the China Federation of Industrial Economics estimated the disinfectant industry in China at $835 million. Linkwell sells its products on a wholesale and retail basis to approximately 5,000 recurring customers including hospitals, medical suppliers and distribution companies.
An'erdian and other products are manufactured at Linkwell's wholly-owned subsidiary, Shanghai Likang Disinfectant Hi-tech Co., Ltd., which is good manufacturing practice (GMP) certified according to standards established by China's central government.
About Linkwell Corporation
Linkwell Corporation develops, manufactures, and distributes disinfectant healthcare products in China through its subsidiary Shanghai Likang Disinfectant High Tech Company ("Likang"). Linkwell's disinfectant healthcare products are a nationally recognized domestic Chinese brand in this market segment. Linkwell products include disinfectants in liquid, tablet, powder and aerosol form. Through Likang, Linkwell has a national marketing and sales presence throughout all 22 provinces, 5 autonomous regions, and 4 special municipalities of China. For more info about the company, please visit http://www.linkwell.us .
Safe Harbor Statement
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations or beliefs, including, but not limited to, statements concerning the Company's operations, financial performance and condition. For this purpose, statements that are not statements of historical fact may be deemed to be forward-looking statements. The Company cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, but not limited to, the impact of competitive products, pricing and new technology; changes in consumer preferences and tastes; and effectiveness of marketing; changes in laws and regulations; fluctuations in costs of production, and other factors as those discussed in the Company's reports filed with the Securities and Exchange Commission from time to time. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
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