Winner Medical Purchased New Purcotton Production Line to Meet Increasing Demand
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SHENZHEN, China, Aug. 27 /PRNewswire-Asia/ -- On August 10, 2009, Winner
Medical Group Inc. (OTC Bulletin Board: WMDG; "Winner Medical", or the
"Company") entered into a contract with a machine producer in China to
purchase a new production line for its PurCotton products.
This new machineries will constitute the fourth production line of
PurCotton products, and will be installed and operated in the Company's
subsidiary in Huanggang, and it is expected to start production in the second
quarter of 2010.
Mr. Jianquan Li, Chief Executive Officer, commented, "The recognition of
top-tier clients to the premium quality of our PurCotton products leads to an
increasing market demand. Currently, orders from our clients in China, the
United States, Japan, and other countries reached approximately 150 tonnes per
month; and it is expected to increase in the future. The new production line
will increase our production capacity of PurCotton products so as to meet the
increasing demand."
"As we have gained more experience after installing the first two lines,
we believe the production capacity of the fourth production line will be much
higher than the first or the second production line, though they are similar
in nature and are all produced in China."
"This innovative, technologically-enhanced fabric offers significant
advantages to synthetic nonwoven products, for instance, it is more eco-
friendly, with greater absorbency and higher tensile strength. Furthermore,
our patented advanced automation and design process, which is obtained in
China, the United States, Russia, Singapore, South Africa, and 34 member
states of the European Patent Office, reduces the average cycle time for
production of the finished cloth from raw materials. We will continue to
develop the market demand for PurCotton while expanding the production
accordingly, and we believe PurCotton will give Winner Medical a strong
competitive edge in the global marketplace," Mr. Li concluded.
About Winner Medical
Winner Medical is a leading manufacturer in the medical dressing industry
(medical and wound care products) in China. Headquartered in Shenzhen, the
Company has seven wholly owned manufacturing and distribution facilities, four
joint-venture factories and over 5,000 employees. The Company engages in the
manufacture, sale, research, and development of medical care products, wound
care products, home care products and PurCotton products, a nonwoven fabric
made from 100% natural cotton. The products are sold worldwide, with Europe,
the United States and Japan serving as the top three markets. The Company
currently holds 50 patents and patent applications for various products and
manufacturing processes and is one of the few Chinese companies licensed by
the U.S. Food and Drug Administration (FDA) to ship finished, sterilized
products directly to the United States market. To learn more about Winner
Medical, visit Winner Medical's web site http://www.winnermedical.com .
Forward-Looking Statements
This press release contains certain statements that may include "forward-
looking statements" within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. All statements, other than statements of historical fact included
herein are "forward-looking statements" including statements regarding Winner
Medical and its subsidiary companies' business strategy, plans and objective
and statements of non-historical information. These forward looking statements
are often identified by the use of forward-looking terminology such as
"believes," "expects" or similar expressions, involve known and unknown risks
and uncertainties. Although Winner Medical believes that the expectations
reflected in these forward-looking statements are reasonable, they do involve
assumptions, risks and uncertainties, and these expectations may prove to be
incorrect. You should not place undue reliance on these forward-looking
statements, which speak only as of the date of this press release. Winner
Medical's actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of factors,
including those discussed in Winner Medical's periodic reports that are filed
with and available from the Securities and Exchange Commission. All forward-
looking statements attributable to Winner Medical or persons acting on its
behalf are expressly qualified in their entirety by these factors. Other than
as required under the securities laws, Winner Medical does not assume a duty
to update these forward-looking statements.
For more information, please contact:
Investor Relations Contacts:
Peng Zhai
Assistant Manager, Investor Relations
Winner Medical Group Inc.
Tel: +86-755-2806-6858
Email: investors@winnermedical.com
SOURCE Winner Medical Group Inc.
Investor Relations Contacts: Peng Zhai, Assistant Manager, Investor Relations,
Winner Medical Group Inc., +86-755-2806-6858, or investors@winnermedical.com
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