Shiner International Announces $7 Million in New Product Supply Contracts, Provides...

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Tue Sep 2, 2008 7:07am EDT

Shiner International Announces $7 Million in New Product Supply Contracts,
Provides One Stop Solution to the Packaging and Food Industries

HAINAN, China, Sept. 2 /Xinhua-PRNewswire-FirstCall/ -- Shiner
International, Inc. (Nasdaq: BEST; website: http://www.shinerinc.com ), a
market leader in China's packaging and anti-counterfeiting plastic films
industry, today announced Shiner has signed a total of $7 million in coated
film and printing supply contracts to supply new clients from China and the US
in the food and printing industries.
    Shiner is an integrated packaging films supplier that provides a "one stop
solution" from plastic film production to the manufacturing and marketing of
various value-added specialty films including anti-counterfeiting films and
packaging film printing services.
    "Shiner's high quality coated films as well as our unique one stop
solution business model continues to attract strong client interests towards
our products and services. Our ability to win new contracts with blue-chip
customers both in China and worldwide is a validation of our ability to
compete on a global scale," Shiner International CEO Mr. Jian Fu commented.
    Mr. Fu continued: "As rising cost control has become a greater concern for
many food producers, we are seeing more and more companies in the food
industry changing their procurement strategies by having all of their
packaging needs done at one place in order to provide cost savings benefits
and controllable lead-time and logistics efficiency. We believe Shiner is the
largest integrated player in China that is capable of providing products to
clients on a one stop solution platform. Shiner will continue to benefit from
our growing strategic strength."
    About Shiner International, Inc.
    NASDAQ listed Shiner International ( http://www.shinerinc.com ) is a U.S.
corporation that has its primary operations in China.  Headquartered in the
city of Haikou -- China's "Hawaii" -- Shiner's products include coated
packaging film, shrink-wrap film, common packaging film, anti-counterfeit
laser holographic film and color-printed packaging materials.  Approximately
60 percent of Shiner's current customers are located in China, with the
remainder spanning Southeast Asia, Europe, the Middle East and North America.
Shiner holds 13 patents on products and production equipment, and has
additional patent applications pending.  The Company's coated films meet the
approval of U.S. FDA requirements, as well as those required for food
packaging sold in the EU.  Shiner's product manufacturing process is certified
under ISO 9001:2000.
    Safe Harbor Statement
    All statements in this press release that are not historical are
forward-looking statements made pursuant to the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995. You are cautioned not to
place undue reliance on any forward-looking statements in this press release
as they reflect Shiner International, Inc.'s current expectations with respect
to future events and are subject to risks and uncertainties that may cause
actual results to differ materially from those contemplated. Potential risks
and uncertainties include, but are not limited to, the risks described in
Shiner's filings with the Securities and Exchange Commission.
    For more information, please contact:

     Mr. Qingtao Xing
     President
     Shiner International, Inc.
     Tel:   +86-1387-6683-099
     Email: qingtao.xing@shinerinc.com or info@shinerinc.com

SOURCE  Shiner International, Inc.

Mr. Qingtao Xing, President of Shiner International, Inc., +86-1387-6683-099,
or qingtao.xing@shinerinc.com or info@shinerinc.com
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