Lotus Pharmaceuticals to Present at Rodman & Renshaw Conference

BEIJING, Nov. 5 /Xinhua-PRNewswire/ -- Lotus Pharmaceuticals, Inc. (OTC Bulletin Board: LTUS) ("Lotus" or the "Company"), a pharmaceutical company in the People's Republic of China ("PRC"), today announced that it will present at the upcoming Rodman & Renshaw Global Investment Conference taking place from November 10 to 12, 2008 in New York City.

The date, time and location of Lotus Pharmaceuticals' presentation at the conference are:

Date: Tuesday, November 11, 2008

Time: 12:25 P.M. EST

Venue: Henry Salon, 5th Floor

The New York Palace Hotel

455 Madison Avenue

New York, NY 10022

This three day conference will feature presentations from more than 250 companies in the healthcare, steel, metals and mining and energy industries, with an "Asia & Growth" track. The Company's Chief Financial Officer will present at the conference. For more information about the conference, please view http://www.rodmanandrenshaw.com or E-mail lk@rodmanandrenshaw.com

About Lotus Pharmaceuticals, Inc.

Lotus Pharmaceuticals, Inc. controls and operates Liangfang Pharmaceutical Company, Ltd. ("Liang Fang") and En Ze Jia Shi Pharmaceutical Company, Ltd. ("En Ze"), two pharmaceutical companies located in Beijing, China. Together, Liang Fang and En Ze form an operating company (together, "Lotus East"). Lotus East engages in the development of new drugs, drug manufacturing, and the marketing and sales of pharmaceuticals. Lotus East has advanced pharmaceutical production equipment with which it produces a portfolio of pharmaceutical products, and meets National GMP. Lotus East has a number of highly skilled scientists, 2,000 square meters of office space and a 1,000 square meter warehouse. It operates ten retail pharmacies in the Beijing area.

Safe Harbor Statement

This press release contains "forward-looking statements" within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to differ materially from the results expressed or implied by such statements, including changes from anticipated levels of sales, future national or regional economic and competitive and regulatory conditions, changes in relationships with customers, access to capital, difficulties in developing and marketing new products, marketing existing products, customer acceptance of existing and new products, and other factors. Additional information regarding risks can be found in the Company's Annual Report on Form 10K filed with the SEC. Accordingly, although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company has no obligation to update the forward-looking information contained in this press release.