SHANGHAI, Aug. 27 /PRNewswire-Asia/ -- Linkwell Corporation (OTC Bulletin Board: LWLL), a leading developer, manufacturer and distributor of healthcare-related disinfectants in China, announced that its 90% held subsidiary, Shanghai Likang Hi-Tech Co., Ltd, will initiate a project, entitled 'The Shield of Likang -- The Establishment of One Hundred Model Hospitals' across the country for one year, from September 2009 to September 2010.
The COO of Linkwell, Mr. Chunming Huang said, "After 21 years of painstaking efforts, Shanghai Likang Disinfectant Hi-Tech Co., Ltd. has developed into a flagship enterprise within the Chinese medical sterilization industry, and has created China's largest medical disinfectant sales and service network. In this process, model hospitals all over the country have played a significant role in building the company's brand, increasing market share for the company, and securing soaring growth of sales. In the meantime, the model hospitals often have symbolic value in local areas and can help the Company to lead in more new products in succession and constrain the competitors effectively."
Chunming Huang in particular emphasized that, "At present there is still great room for development in the construction of model hospitals across the country for the Company. This campaign, 'The Shield of Likang -- The Establishment of One Hundred Model Hospitals', outlines plans to establish 100 model hospitals in 20 provinces, municipalities and autonomous regions in a year. It is expected that the average additional sales brought by every model hospital would amount to 300,000 RMB, and would also strengthen the company's adaptability to the fluctuating market."
"That is to say, through this project the company not only can accelerate sales growth, but further reinforce the company's existing leading position and influence, so as to increase the core competence of the company as an end result," Mr. Huang concluded.
About Linkwell Corporation
Linkwell Corporation, through its 90% ownership of its subsidiary, Linkwell Tech Group, Inc., develops, manufactures and distributes disinfectant healthcare products in China. Linkwell's disinfectant healthcare products are recognized as one of the leading domestic Chinese brands in this market segment. Linkwell currently has 56 different products including disinfectants in liquid, tablet, powder and aerosol forms. Linkwell has a national marketing and sales presence throughout all 22 provinces, 5 autonomous regions, and 4 special municipalities of China. For more information, 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; 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.