Some more good RMGG news !!!
(BSNS WIRE) Rocky Mountain (Fuzhou) Drug Co. Ltd. Expands Ginseng Produc Rocky Mountain (Fuzhou) Drug Co. Ltd. Expands Ginseng Product Line by Utilizing Innovative Creamed Honey Process Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec. 6, 1999-- Initial Ginseng Product Shipments are Scheduled to Leave Chinese Factory This Week Rocky Mountain Ginseng, Inc. Announces Hiring of Industry Veteran to the Management Team of Rocky Mountain (Fuzhou) Drug Co. Ltd. Robert Bell, President of Rocky Mountain Ginseng, Inc. (OTCBB:RMGG), announced today it is expanding its Ginseng product line by utilizing an innovative creamed honey process. Bell also announced that initial shipments of the original Ginseng product line is expected to begin shipment this week. Rocky Mountain Ginseng, Inc. has developed an innovative process of creaming clover honey with North American Ginseng to create a high quality product for the Chinese market. Chinese culture has been taking honey and ginseng for hundreds of years. The innovative creaming process that Rocky Mountain Ginseng, Inc. has developed allows both products to be taken together. The creamed honey process, utilizing clover honey, allows the ginseng to remain suspended in the honey indefinitely. All ingredients used in the creamed ginseng product are imported from North America, providing a one-of-a-kind product to the Chinese market. North American nutritional supplements are seen as extremely high quality products in the Chinese marketplace. "We are proud to provide a one-of-a-kind creamed ginseng and honey product to the Chinese market. By providing high quality ingredients to our Chinese factory, we can produce a unique product like no other in China," stated Robert Bell, CEO of Rocky Mountain Ginseng, Inc. "We expect this product to be extremely well-received by the Chinese Market," added Bell. Rocky Mountain (Fuzhou) Drug Co. Ltd. announced the hiring of Jiang Shao Shu as Vice President. Jiang will be responsible for market development for the Chinese Manufacturing Company. Jiang graduated with a bachelor of engineering degree from South Metallurgical University in Jiang Xi Providence in 1982, and served as Vice General Manager of the Tokyo International Components Co. until 1988. In 1988 Jiang established his own company, Array Electronics Co., which by 1992 was importing annually over 8 million USD of semiconductors for the China Market. Jiang is also the owner of Dragon Mountain Industrial Co. Ltd., an industrial supplier of gravel, and the King Gold Electronic Company Ltd., a joint venture company producing electrical porcelain products for the American market. Jiang has travelled extensively in North America and Europe, and is actively involved in community activities in Fuzhou. "Mr. Jiang's marketing experience as a successful business owner and entrepreneur over the last 19 years will be of great assistance to Rocky Mountain Ginseng, Inc.," stated Brian Hodge, General Manager of Rocky Mountain (Fuzhou) Drug Co. Ltd. "Mr. Jiang has been instrumental in the Rocky Mountain Ginseng, Inc. negotiations and the success of recent Rocky Mountain (Fuzhou) Drug Co. Ltd. contracts with RMGG and Chinese distributors," added Hodge. About Rocky Mountain Ginseng, Inc. Rocky Mountain Ginseng, Inc.'s head office is located in British Columbia, Canada. The Company exports American ginseng to China as well as manufacturing and processing American ginseng products to China. Rocky Mountain Ginseng, Inc. holds exclusive world processing and distribution rights to several innovative value added ginseng products developed in North America. Rocky Mountain Ginseng, Inc. ("RMGG") purchased Fuzhou Fujian Drug Company, located in China, in February 1999. This acquisition included all necessary drug and hygiene licenses allowing the Company to import, export, manufacture and distribute ginseng products in all provinces in China. The Company has completed the construction of its new office and manufacturing facility in the city of Fuzhou, and is currently producing traditional ginseng products for the Chinese market. The Chinese factory employs 27 people in processing, sales, accounting and management. Rocky Mountain (Fuzhou) Drug Co. Ltd. is the first wholly owned American company in the Fujian province. This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Expression of future goals and similar expressions reflecting something other than historical fact involve risks and uncertainties. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. --30--EZ/se* CONTACT: Rocky Mountain Ginseng, Inc. R. L. Bell, 604/420-0095 rlbell@direct.ca www.direct.ca/ginseng or Rocky Mountain (Fuzhou) Drug Co. Ltd. Brian A. Hodge, 86/591-379-7969 rockymt@public.fz.fj.cn or PMR & Associates, LLC Patrick Rost, 760/942-0015 (Investor Relations) pmrandco@aol.com KEYWORD: INTERNATIONAL CANADA ASIA PACIFIC INDUSTRY KEYWORD: MANAGEMENT CHANGES PRODUCT PHARMACEUTICALS FOODS/BEVERAGES ALTERNATIVE MEDICINE Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story *** |