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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (4148)	1/12/2005 7:28:20 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

Forbes Magazine Ranks Bodisen Biotech Among China's Top 100 Growth Companies NEW YORK--(BUSINESS WIRE)--Jan. 12, 2005--Bodisen Biotech, Inc., (stock symbol: BBOI, website: www.bodisen.com) announced that it has been named one of China's Top 100 growth companies by Forbes China in the January 2005 issue (www.forbeschina.com). Bodisen was the only company from the fertilizer industry in the Forbes China Top 100 list. The Forbes China Top 100 list gave higher scores to companies with long term strategies, and initially selected 6,000 companies. From these 6,000 companies, Forbes whittled down to 200 companies with three year average annual sale growth rate no less than 40% and current year sales growth rate no less than 40%. According to the Forbes press release on the list, the editors at Forbes China visited each of those companies and talked to its management and indicated that Forbes China favored companies focusing on a complete operating structure, clear corporate philosophy and corporate culture. Ms. Qiong Wang, CEO of Bodisen, commented "We are pleased to have received the prestigious Forbes ranking. We experienced triple digit growth with our overall business in 2004 and we see continued momentum for year 2005." Utilizing proprietary technologies, Bodisen sells over 60 packaged products, broken down into 3 product categories: Organic Compound Fertilizer; Organic Liquid Fertilizer; and Pesticides & Insecticides. Bodisen's organic fertilizers can be absorbed by plants within 48 hours while enriching soil conditions without the damaging effects associated with chemical fertilizers. About Bodisen Biotech, Inc. Bodisen is headquartered in Shaanxi, China, an agricultural hub of China and the economic gateway to the western regions of China. The Bodisen brand is a highly respected organic brand in China. Its "green" products support the mandate of the Chinese national government to increase crop yields for the purpose of decreasing China's dependency on food imports. Bodisen's products enjoy brand recognition and a price premium over competitive brands in China. Safe Harbor Statement This press release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations or beliefs of Bodisen Biotech, Inc. management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. home.businesswire.com