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China Valves Technology, Inc. Launches New Website

2009-03-17 00:26 1410

KAIFENG, China, March 17 /PRNewswire-Asia-FirstCall/ -- China Valves Technology, Inc. (OTC Bulletin Board: CVVT) ("China Valves” or the “Company"), a leading metal valve manufacturer with operations in the People’s Republic of China (the “PRC”), today announced the launch of its new corporate and investor relations website with the domain address http://www.cvalve.com .

The new website presents a corporate overview of China Valves and profiles of the Company’s management and board of directors. There are descriptions of products and services, manufacturing facilities and operations, the sales network, and research and development capabilities and activities. Corporate news and events, and industry information are included. There is a section dedicated to investor relations. The website is designed to provide users with easy access to information about the Company and strengthen China Valves’ communications with its investors and customers. Content on the website is currently available only in English, and the Company plans to introduce a Chinese version of the website within the next few months.

“We are pleased to have launched a new website. We view the website as an important means of presenting information about China Valves to customers and investors who are interested in our company,” commented Mr. Siping Fang, Chairman and CEO of China Valves. “As a U.S. publicly listed company, we are committed to enhancing the transparency of our company in the marketplace, and we will regularly update the contents on our website.”

About China Valves Technology, Inc.

China Valves Technology, Inc. through its subsidiaries, Zhengzhou Zhengdie Valve Co, Ltd. and Henan Kaifeng High Pressure Valve Co., Ltd., is engaged in the development, manufacture and sale of high-quality metal valves for the electricity, petroleum, chemical, water, gas and metallurgy industries. One of the best known brand names in China’s valve industry, the Company’s history can be traced back to when it was formed as a state-owned enterprise in 1959. The Company’s products are the result of extensive research and development which also led to a number of patented products and manufacturing processes. China Valves has significant market shares of valve sales to a number of domestic industries, and exports to the rest of Asia and Europe.

Safe Harbor Statement

Certain statements set forth in this press release constitute

"forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial condition to differ materially from what is included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company’s ability to achieve its after tax net income targets, expand its market share and complete strategic acquisitions. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. Potential risks and uncertainties include, among others, our failure to implement acquisition growth strategy, difficulty to defend our intellectual property rights from infringement, currently unknown and unforeseeable constraints on the Company’s ability to continue operations, domestic or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in United States Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, and conditions in equity markets. All of such assumptions are inherently subject to uncertainties and contingencies beyond our control and upon assumptions with respect to future business decisions, which are subject to change. We do not undertake to update the forward-looking statements contained in this press release. For a description of the risks and uncertainties that may cause actual results to differ from the forward-looking statements contained in this press release, see our most recent Annual Report filed with the Securities and Exchange Commission (SEC) on Form 10-K, and our subsequent SEC filings. Copies of filings made with the SEC are available through the SEC’s electronic data gathering analysis retrieval system (EDGAR) at http://www.sec.gov .

For more information, please contact:

China Valves Technology, Inc.

Ray Chen, VP of Investor Relations

Tel: +1-650-281-8375

+86-139-2527-9478

Email: raychen@cvalve.net

Web: http://www.cvalve.net/en/

CCG Investor Relations

Crocker Coulson, President

Tel: +1-646-213-1915

Email: crocker.coulson@ccgir.com

Web: http://www.ccgirasia.com

Source: China Valves Technology, Inc.
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Keywords: Machinery
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