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To: SSP who wrote (14556)	11/17/1999 2:28:00 PM
From: Bram12345	Respond to of 150070

From the PR on November 2, 1999, Here's why this is such a great Chinese play: RMGG's head office is located in British Columbia, Canada, one of three major growing regions in North America producing panax quinquefolium, better known as "American Ginseng." Of the more than 5 million plus pounds of ginseng grown annually in North America, it is estimated that approximately 95% of this production is consumed in China. The Chinese market consider American ginseng, a plant species native to North America, to be one of the highest quality ginseng in the world. ============================================================== The full release here: VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov. 2, 1999--Rocky Mountain Ginseng, Inc. (OTCBB:RMGG.O): Business Summary RMGG was incorporated in the State of Colorado on the 26th of July, 1996. RMGG's head office is located in British Columbia, Canada, one of three major growing regions in North America producing panax quinquefolium, better known as "American Ginseng." Of the more than 5 million plus pounds of ginseng grown annually in North America, it is estimated that approximately 95% of this production is consumed in China. The Chinese market consider American ginseng, a plant species native to North America, to be one of the highest quality ginseng in the world. RMGG is in the business of exporting American ginseng to China as well as processing American ginseng products in China. The Company holds exclusive world processing and distribution rights to several innovative value added ginseng products developed in North America. Rocky Mountain Ginseng, Inc. completed the purchase of Fuzhou Fujian Drug Company in China in February, 1999. This acquisition includes all the necessary drug and hygiene licenses allowing the company to import, export, manufacture and distribute ginseng products in all the provinces of China. Ginseng is classified as a drug 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 new factory conforms the Good Manufacturing Practice standards which qualify the Company's products to be exported internationally. The Chinese factory employs 27 people in processing, sales, accounting and management. RMGG is currently completing the second stage of their production line with the installation of American manufactured processing equipment for the production of Ginseng in Honey and Heavenly Slices. Projected production startup is November 1999. RMGG has signed contracts with 49 distributors which include supermarkets, department stores, medicine and drugs supply agencies. RMGG is negotiating additional distribution agreements with several of the largest supermarket chains in China. Projected sales of RMGG's traditional products for the fourth quarter of 1999 are 281,640 U.S. with a net profit of 65,350 U.S. Rocky Mountain (Fuzhou) Drug Co. Ltd. is the first wholly owned American company in Fujian province. Opportunity Ownership of a Chinese drug company and its special licenses give RMGG the opportunity to import pharmaceutical and neutraceutical products in China. The Company will undertake to establish relationships with companies manufacturing targeted products. Trademark -- China RMGG has received official government approval for the exclusive use of the name "Rocky Mountain" and the Rocky Mountain logo in China. The Chinese recognize the Rocky Mountain name and logo as a Western entity and its association with high quality products. The Company has the "Gold Root" trademark approved in North America and several European countries. Management Robert L. Bell -- President, Director Mr. Bell is the President of Bell Financial Services Inc. and, for 25 years, has been involved in the administration of a number of private and public companies. Since 1992 Mr. Bell has been the Director of a British Columbia venture capital corporation. A founding Director of Kettle Mountain Ginseng Company Ltd, Mr. Bell is actively involved in the ongoing business of the company. Paul Winstanley -- Secretary, Director Mr. Winstanley received his B. Comm (Hon.) in 1972 and received his CA designation in 1977. Currently self employed as a Certified Accountant since 1991, Mr. Winstanley is President and Director of Kettle Mountain Ginseng (VCC) Corp. since 1993. He is also a Director of one of the largest aquaculture farms in British Columbia since 1991. Brian A. Hodge -- Managing Director of China Operations Mr. Hodge is a graduate of North Dakota State University. He has vast experience in international marketing including positions as International Marketing Director for the Alberta Export Agency and International Trade Director for B.C. Ministry of Economic Development. Mr. Hodge has been involved in business in China since 1992 and has managed RMGG's China operation since 1995. He is a full time resident of China. In an official ceremony Mr. Hodge was recently awarded the highest honor a foreigner may receive in the province by Cao De Gan, Vice Governor of Fujian province and a similar award from the Fuzhou People's Government presented by Mr. Zhao Shou Zhen, Chairman of the People's Congress in Fuzhou. 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--AMP/se* CONTACT: PMR & Associates, LLC Patrick Rost, 760/942-0015 PMRandCo@aol.com or Rocky Mountain Ginseng, Inc. Robert L. Bell, 604/420-0095 rlbell@direct.ca www.direct.ca/ginseng KEYWORD: INTERNATIONAL CANADA ASIA PACIFIC COLORADO INDUSTRY KEYWORD: ALTERNATIVE MEDICINE PHARMACEUTICAL Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Copyright 1999, Business Wire