Company Expects to Ship First Order of New Revolutionary Cotton Cloth Product by End of January
SHENZHEN, China, Jan. 18 /Xinhua-PRNewswire/ -- Winner Medical Group Inc., ("Winner Medical") (OTC Bulletin Board: WMDG), has commenced production of PurCotton(TM), its new revolutionary cotton cloth product, and expects to ship the first order by the end of January.
The first order -- jumbo rolls of raw PurCotton material -- was received from a leading Japanese OEM that is a long-term Winner Medical customer. The customer has indicated that it plans to use the rolls of PurCotton to produce hygiene products, such as wipes, wet tissue and alcohol swabs, which it will sell under its own brand name.
"We are very pleased and excited to deliver our new, groundbreaking product, PurCotton, to the market," said Jianquan Li, chairman and chief executive officer of Winner Medical. "This innovative, technologically-enhanced fabric offers significant advantages to traditional woven gauze and synthetic non-woven products, including greater absorbency, higher tensile strength, lower weight and lack of raw edges or extraneous fibers that can exacerbate microbial infection propensity and increase wound healing complications. Furthermore, our patented advanced automation and design process reduces the average cycle time for production of the finished cloth from raw material. We consider this order confirmation of the demand for PurCotton, and believe the product will give Winner Medical a strong competitive edge in the global marketplace."
PurCotton is a non-woven fabric made of 100% natural cotton that is non-allergenic and fully biodegradable. The cotton used in its production -- the low-sucrose, fiber-rich composition cotton grown primarily in the Hubei Province of China where the Winner Medical PurCotton facility is located, is especially well-suited for the manufacture of non-woven spunlace material.
About Winner Medical
Winner Medical is a holding company comprised of eight wholly owned manufacturing and distribution facilities, two joint venture factories and one trading company. Winner Medical is primarily engaged in the development, manufacturing and distribution of high-quality cotton disposable medical dressings and disposable products. Winner Medical's products include surgical dressings, dressing packs, wound care dressings, protective products, medical instruments, dental products and hygiene products for the institutional and home care markets. Winner Medical products are manufactured in China and sold domestically and abroad, in countries and areas such as Japan, Germany, Italy, the Netherlands, Australia, France, the United States, South America, Africa and the Middle East. Winner Medical is one of few Chinese companies licensed by the U.S. Food and Drug Administration to ship finished, sterilized products directly to the U.S. market. To learn more about Winner Medical, visit Winner Medical's web site http://www.winnermedical.com .
Forward-Looking Statements
This press release contains certain statements that may include "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding Winner Medical and its subsidiary companies' business strategy, plans and objective and statements of non-historical information. These forward looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although Winner Medical believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Winner Medical's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in Winner Medical's periodic reports that are filed with and available from the Securities and Exchange Commission. All forward-looking statements attributable to Winner Medical or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, Winner Medical does not assume a duty to update these forward-looking statements.
For more information, please contact:
Company - China
Annie Chen
Secretary of the Board
Tel: +86-755-2806-6858
Email: annie.chen@winnermedical.com
U.S. Investor Relations
Kathy Price / Dixon Chen
The Global Consulting Group
Tel: +1-646-284-9400
Email: kprice@hfgcg.com / dchen@hfgcg.com