Published: October 18, 2005
Linkwell Enters Distribution Agreement With Lianhua Supermarket Holdings, the No. 1 Supermarket Chain in China
The Company Plans to Dominate This US $100 Million Market in China
Linkwell Corporation (OTC BB: LWLL), a
leading manufacturer and distributor of a series of disinfectant products
in China, today announced that it has entered a distribution agreement with
Lianhua Supermarket Holdings Company, Limited (Hong Kong Stock Exchange:
980), the No. 1 supermarket chain in China with 3,123 outlets spanning 20
provinces. Initial distribution of Likang 84' will begin in the Shanghai
area.
As a result of an extensive R&D process, Linkwell developed this new
product that has a two year shelf life. All types of 84' disinfectant in
the market now can last only three to four months. Our Likang 84'
disinfectant is the first product of its type with a two year shelf life to
receive approval from China's Ministry of Public Health. In addition, the
new Likang 84' disinfectant substantially reduces irritation and corrosion
that many other 84' disinfectants may cause.
Xuelian Bian, CEO of Linkwell, commented, "This new line of the improved
84' disinfectant is proof of our research capabilities. We plan to
aggressively market this new product throughout the major supermarket
chains. We believe this new product will generate significant revenues and
earnings for years to come."
About Linkwell Corporation:
Linkwell Corporation is a leading developer, manufacturer, and marketer of
disinfectant healthcare products in the People's Republic of China through
its 90% owned subsidiary Shanghai Likang Disinfectant High Tech Company
(Likang). Linkwell Corporation is a U.S. corporation headquartered in Boca
Raton, Florida and is publicly traded in the OTC Bulletin Board Exchange
under the symbol (OTC BB: LWLL).
Linkwell's disinfectant healthcare products are the leading and only
nationally recognized domestic Chinese brand in this market segment.
Linkwell products include disinfectant, liquid and tablet products, as well
as disinfectant instruments, devices and materials. These may also include
air disinfecting machines, hot press bags, disinfection swabs and
disinfection tampons. Through Likang, Linkwell is the only domestic Chinese
company that has a national marketing and sales presence throughout all 22
provinces, 5 autonomous regions, and 4 special municipalities of the
People's Republic of China. All inventory and order fulfillment is carried
out of a 21,500 square foot facility in Shanghai's Jiading district. The
company's products have gradually made their way from medical disinfection
to also include civil disinfection, industrial disinfection, and
agricultural and livestock disinfection. For more info about the company
please visit http://www.linkwell.us.
About Lianhua Supermarket Holding Company, Limited
Lianhua Supermarket Holdings, Co., Ltd. ("Lianhua") first commenced its
business operations in Shanghai, China in 1991. Within fourteen years, it
has developed into a retail chain operator with retail outlets covering the
whole nation, offering a full range of products through direct operations,
franchises, mergers and acquisitions, and management in-trust. As of
December 31, 2004, Lianhua Supermarket operated a total of 3,123 outlets
(excluding those operated by the Company's associated companies) spanning
20 provinces and municipalities across the nation. The Company continued to
maintain its leading position as the largest retail chain operator in
China. Lianhua had revenues over US $1.34 billion in 2004. For more
information about Lianhua, please visit
http://www.lhok.com.cn/index.jsp?c=en.
Safe Harbor Statement
Certain statements set forth in this press release constitute
"forward-looking statements." Forward-looking statements include, without
limitation, any statement that may predict, forecast, indicate, or imply
future results, performance or achievements, and may contain the words
"estimate," "project," "intend," "forecast," "anticipate," "plan,"
"planning," "expect," "believe," "will likely," "should," "could," "would,"
"may" or words or expressions of similar meaning. Such statements are not
guarantees of future performance and are subject to risks and uncertainties
that could cause the company's actual results and financial position to
differ materially from those included within the forward-looking
statements. Forward-looking statements involve risks and uncertainties,
including those relating to the Company's ability to grow its business.
Actual results may differ materially from the results predicted and
reported results should not be considered as an indication of future
performance. The potential risks and uncertainties include, among others,
the Company's limited operating history, the limited financial resources,
domestic or global economic conditions -- especially those relating to
China, activities of competitors and the presence of new or additional
competition, and changes in Federal or State laws, restrictions and
regulations on doing business in a foreign country, in particular China,
and conditions of equity markets.
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