SHENZHEN, China, Oct. 28 /PRNewswire-Asia/ -- Winner Medical Group Inc. (AMEX: WWIN; "Winner Medical", or the "Company"), a leading manufacturer and the largest exporter by volume in the medical dressing industry in China, today announced that its subsidiary Winner Industries (Shenzhen) Co., Ltd., or "Winner Shenzhen", won a Contribution in the Chinese Nonwoven and Industrial Textiles Industry Award.
The winner of the Contribution in Chinese Nonwovens and Industrial Textiles Industry Award is determined and selected by the China Nonwovens & Industrial Textiles Association. The election criteria are based on the candidates' contribution, innovation and prospects in the nonwovens industry.
Winner Shenzhen's winning the award is mainly attributable to its outstanding innovative PurCotton products, which combine the superior characteristics of both natural cotton and materials made by using nonwoven technology. Such products have many advantages over both woven cotton and synthetic nonwoven fabric. They are natural, safe, strong, durable, healthy and environmentally-friendly, and their quality standard is high. As of October 2009, Winner Medical has patented this advanced automation and design process in forty-two countries, including China, the U.S.A., Russia, Singapore, South Africa, Mexico, Nigeria and the Philippines and 34 member states of the European Patent Office.
"The Contribution Award we received significantly reflects our unique technology of the PurCotton production method, strong research and development ability and bright market prospects," said Jianquan Li, Chief Executive Officer of Winner Medical. "We believe PurCotton products are a medium- to long-term growth contributor to our revenue, because they can be applied to the medical industry as well as to other consumer products. We will continue to develop the market demand for PurCotton while expanding the production accordingly, and we believe PurCotton will give Winner Medical a strong competitive edge in the global marketplace," Mr. Li concluded.
About Winner Medical
Winner Medical is a leading manufacturer and the largest exporter by volume in the medical dressing industry in China. Headquartered in Shenzhen, the Company has seven wholly-owned operating subsidiaries and four joint-ventures with over 5,000 employees. The Company engages in the manufacturing, sale, research, and development of medical care products, wound care products, home care products and PurCotton products, a nonwoven fabric made from 100% natural cotton. The products are sold worldwide, with Europe, the United States and Japan serving as the top three markets. The Company currently holds 50 patents and patent applications for various products and manufacturing processes and is one of the few Chinese companies licensed by the U.S. Food and Drug Administration (FDA) to ship finished, sterilized products directly to the United States market. To learn more about Winner Medical, please visit Winner Medical's web site at 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:
Investor Relations Contact:
Peng Zhai
Investor Relations Manager
Winner Medical Group Inc.
Tel: +86-755-2806-6858
Email: investors@winnermedical.com
