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Winner Medical Reports Fourth Quarter and Full Year Fiscal 2008 Results
Date:12/9/2008

r Medical is confident in its mid- to long-term growth potential and steady progress has been made to expand the sales revenue.

The Company has signed a contract with a Canadian customer to sell finished sponges made from PurCotton. The contract amounts to around $50,000 per month beginning in January 2009.

In China, the Company has started to market finished consumer products in the form of cosmetic cotton products in Mainland China and wipes/tissue in Hong Kong. Winner Medical believes that the domestic market will provide significant opportunities for PurCotton sales.

In addition, the Company will further investigate ways to reduce production costs further, improve efficiency and further improve product quality to attract more customers in the Japan, U.S., China, and European markets in the coming year.

2009 Guidance

The Company maintains its estimate that revenue in fiscal year 2009 will range from $100.90 million to $106.88 million, an increase of 18% to 25% compared to fiscal year of 2008.

Conference Call

Winner Medical senior management will host a conference call at 5am (Pacific) / 8am (Eastern) / 9pm (Shenzhen/Hong Kong) on Wednesday December 10, 2008 to discuss its 2007/08 full year results and recent business developments. The conference call may be accessed by calling (US) 800-638-5439, (China) 10- 800-130-0399 or (HK) 800-96-3844; Passcode: 48215697. A telephone replay will be available shortly after the call until December 17, 2008 at (US) 888-286- 8010 or (International) +1-617-801-6888; Passcode: 42826083.

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 eight wholly-owned manufacturing and distribution facilities, four joint-venture factories and over 5,000 employees. Th
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SOURCE Winner Medical Group Inc.
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