CHENGDU, China, May 13 /Xinhua-PRNewswire/ -- Tianyin Pharmaceutical, Co., Inc., (OTC Bulletin Board: TYNP), a manufacturer and supplier of modernized traditional Chinese medicine ("TCM") based in Chengdu, China, today announced that the Company will present at the Brean Murray
All-Cap All-China Conference on Tuesday, May 20, 2008 at 10:15 a.m. EDT. The Conference will be held at the Waldorf Astoria, which is located in New York City.
The presentation will take place in the Sutton Suite and management will participate in meetings with analysts and investors throughout the day. Mr. Stewart Lor, a member of the Board of Directors, will present on the Company's behalf.
Management will discuss the Company's current product portfolio, development pipeline, research and development platform, recent financial highlights and its long-term growth strategy.
Participation is by invitation and registration is mandatory. For more information on the conference contact your Brean Murray representative or visit www.breanmurraycarret.com
About Brean Murray
Brean Murray, Carret & Co. was founded over 30 years ago and is a
full-service, boutique investment bank dedicated to small cap and emerging growth companies and those who invest in them. As a research-driven securities firm, the firm is dedicated to delivering high quality investment banking services and investment ideas to its clients. The firms focuses on the following sectors: China Small Cap, Consumer Products and Retailing, Healthcare and Biotechnology, Resources and Technology.
About Tianyin Pharmaceuticals
Tianyin is a manufacturer and supplier of modernized Traditional Chinese Medicine ("TCM") in China. It was established in 1994 and acquired by the current management team in August 2003. It has a comprehensive product portfolio of 34 modernized TCMs in the market, 22 of which are listed in the highly selective National Medicine Catalog of the National Medical Insurance Program. Tianyin owns and operates two GMP manufacturing facilities and an R&D platform supported by leading Chinese academic institutions. The Company has a pipeline of 51 pharmaceutical products pending approval. Tianyin has an extensive nationwide distribution network throughout China with a sales force of 523 salespeople. Tianyin is headquartered in Chengdu, Sichuan Province with two manufacturing facilities and a total of 869 employees. Tianyin achieved revenue of $20.4 million and net income of $3.95 million in FY2007 ending June 30, 2007.
Safe Harbor Statement
The Statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.
