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AMDL Announces First Quarter 2008 Results Posting Sales of $3.58 Million
Date:5/15/2008

of AMDL, stated that, "The continued improvements in AMDL's China operations, combined with other recently announced business opportunities create a financial platform for us to improve our sales and earnings profile during the remainder of FY2008 and beyond. This gives us greater confidence in AMDL's continued positive financial performance over the next year." AMDL's 2007 results as well as business improvement and opportunities referenced above include:

-- 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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SOURCE AMDL, Inc.
Copyright©2008 PR Newswire.
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