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-- FY2007 Sales of $15 Million and Gross Profits of $8.1 million;
-- In-licensed MyGene's Human Papilloma Virus (HPV) Diagnostic Test;
-- Signed LOI for the purchase of a China based pharmaceutical
distribution company with $28.55 million in revenue, approximately 10%
NOI and 20-30% growth rate;
-- Signed MOU with Hau Du Beauty Co., Ltd for its 200 stores to
distribute Jade's Goodnak Product Line;
-- AMDL launched a new updated website at http://www.amdl.com.
About AMDL: More information about AMDL and its products can be obtained at http://www.amdl.com. AMDL, together with Jade, engages in the development, manufacture and marketing of proprietary pharmaceutical and diagnostic products.
About Jade Pharmaceuticals Inc.: JPI has access to the fastest growing pharmaceutical and consumer market in the world: China. AMDL, through its Jade subsidiaries, currently holds licenses for 133 products that are manufactured as large volume injection fluids, tablets and other related products. It currently manufactures over 20 key generic, over-the-counter and supplemental pharmaceutical products under certified Chinese Good Manufacturing Practice (CGMP) standards.
Forward-looking Statements: This news release contains forward-looking
statements within the meaning of the Private Securities Litigation Reform
Act of 1995. Such statements are s
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