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ShengdaTech Schedules Conference Call to Discuss First Quarter 2007 Results

2007-04-30 20:05 1373


TAIAN CITY, Shandong, China, April 30 /Xinhua-PRNewswire-FirstCall/ -- ShengdaTech Inc. ("ShengdaTech") (OTC Bulletin Board: SGAT) will host a conference call at 9:00 am EST on Monday, May 7, 2007, to discuss results for the first quarter 2007 results.

Joining Mr. Xiangzhi Chen, ShengdaTech's Chief Executive Officer on the call will be Ms. Anhui Guo, the Chief Financial Officer and Mr. Crocker Coulson, President of CCG Elite, and Ms. Leslie Richardson. The company plans to release its earnings earlier that same day.

To participate in the conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: 888-482-0024. International callers should dial 617-801-9702. The pass code for the call is 683 851 51.

If you are unable to participate in the call at this time, a replay will be available on Monday, May 7, 2007 at 11:00 AM ET through Monday, May 14, 2007. To access the replay, dial 888-286-8010 International callers should dial 617-801-6888. The conference passcode is 23564292.

This conference call will be broadcast live over the Internet and can be accessed by all interested parties by clicking on http://phx.corporate-ir.net/playerlink.zhtml?c=177763&s=wm&e=1545087 . Please access the link at least fifteen minutes prior to the start of the call to register, download, and install any necessary audio software. For those unable to participate during the live broadcast, a 90 day replay will be available shortly after the call by accessing the same link.

About ShengdaTech, Inc.

ShengdaTech is engaged in the business of manufacturing, marketing and selling a variety of nano-precipitated calcium carbonate ("NPCC") products and coal-based chemicals for use in various applications. The Company converts limestone into NPCC using its proprietary technology. The unique chemical and physical attributes make NPCC a valuable ingredient in tires, paints, polyvinyl chloride ("PVC") building materials and other products. NPCC enhances the durability of many products by increased strength, heat resistance, and dimension stabilization. The Company is also engaged in the manufacture and sale of coal-based chemical products namely ammonium bicarbonate, liquid ammonia, melamine and methanol. The Company markets and sells its coal-based products mainly for chemical fertilizers and raw materials in the production of organic and inorganic chemical products, including formaldehyde and pesticides.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Any statements set forth above that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, which may include, but are not limited to, such factors as unanticipated changes in product demand especially in the tire industry, changes in composition of tires, ability to attract new customers, ability to increase our product's applications, ability of our customers to sell products, cost of raw material, downturns in the Chinese economy, and other information detailed from time to time in the Company's filings and future filings with the United States Securities and Exchange Commission.

For more information, please contact:

Crocker Coulson, President, or

Leslie Richardson, Financial Writer

CCG Elite

Tel: +1-310 231-8600

Email: crocker.coulson@ccgir.com

leslie.richardson@ccgir.com

Source: ShengdaTech, Inc.
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Keywords: Machinery
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