Navigation Links
Winner Medical Signs PurCotton Sales Agreement With Consumer Products Leader in China
Date:7/2/2009

SHENZHEN, China, July 2 /PRNewswire-Asia/ -- Winner Medical Group Inc. (OTC Bulletin Board: WMDG, "Winner Medical"), today announced that it signed an agreement with a leading consumer products company in China to provide PurCotton rolls. Pursuant to the terms of the agreement, among others, Winner Medical will provide PurCotton raw materials, which will be processed into feminine products and then distributed throughout China by the consumer product company.

Including this deal, the PurCotton sales to customers in China, Japan, the United States, and other countries are expected to reach approximately $700,000 per month or approximately 150 tonnes per month. The first two PurCotton manufacturing lines are producing in full capacity, and the third manufacturing line is running smoothly, which is expected to gradually increase to normal production capacity in the near future. The Company is planning to purchase the fourth manufacturing line to meet the growing demand.

Mr. Jianquan Li, Chief Executive Officer, commented, "We are delighted to announce the signing of the contract as it proved the recognition of top-tier clients to the premium quality of our PurCotton products."

"This innovative, technologically-enhanced fabric offers significant advantages to synthetic nonwoven products, including eco-friendly, greater absorbency, and higher tensile strength. Furthermore, our patented advanced automation and design process reduces the average cycle time for production of the finished cloth from raw materials. We consider that this confirms the demand for PurCotton, and we believe PurCotton will give Winner Medical a strong competitive edge in the global marketplace," Mr. Li concluded.

There are signs of market demand recovery from the economic crisis. During the second quarter of fiscal 2009, PurCotton sales of the Company grew steadily. The Company has $1,108,000 in raw material sales in the second quarter of fiscal 2009, an increase of 31.43% compared with last quarter, and the management of the Company is confident about a larger increase in the coming quarters.

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. 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 U.S. and Japan serving as the top three markets. The Company currently holds 50 patents and patent applications in various products and manufacturing processes and is one of the few Chinese companies licensed with the U.S. Food and Drug Administration (FDA) to ship finished, sterilized products directly to the U.S. 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.

    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.
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Exiqon Announces 2009 North American Grant Award Winners
2. Rocky Mountain Hospital for Children & Denver Zoo Announce Mascot Contest Winner
3. Aton Pharma CEO Mike Wells Named Ernst & Young Entrepreneur Of The Year(R) 2009 Award Winner;
4. ARTHUR(R) and CVS Caremark Debut the Winner of the ARTHUR/All Kids Can Character Search June 30 on PBS KIDS GO!(SM)
5. IPC The Hospitalist Company Inc. CEO, Adam Singer, M.D., Named Ernst & Young Entrepreneur Of The Year(R) 2009 Award Winner in the Greater Los Angeles Area
6. eCardio Chief Executive Officer Larry Lawson Named Ernst & Young Entrepreneur Of The Year(R) 2009 Award Winner in the Houston & Gulf Coast Area
7. iHealthSpot, Inc Named Winner in the 2009 STEVIE' AWARDS (American Business Awards)
8. AUA Foundation announces 2009 Research Scholar Program award winners
9. AUA Foundation names the 2009 Astellas Rising Stars in Urology award winners
10. Jennifer Dodson, M.D., named 2009 AUA Foundation/NIDDK/NCI Surgeon-Scientist Award winner
11. National Business Group on Health Recognizes 63 Large Employers as 2009 Best Employers for Healthy Lifestyles Award Winners
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/8/2016)... ... ... A man who has struggled to quit smoking, a man who has struggled with hair ... solutions to his problems – and he did. Now Nabat, a serial entrepreneur featured as ... breakthrough inventions to the world and better people's lives. His own experience with nicotine addiction ...
(Date:2/8/2016)... ... February 08, 2016 , ... If you are feeling ... handle, you are not alone. According to the Center for Disease Control and Prevention ... type 2 diabetes and certain types of cancer, some of the leading causes of ...
(Date:2/8/2016)... ... 2016 , ... Steve Helwig & Associates Insurance & Financial, serving the families ... teamed up with Citizens Opposed to Domestic Abuse in support of its efforts to ... those victimized by the fear of violence in their own homes, donations may now ...
(Date:2/8/2016)... ... 2016 , ... Local insurance agency Dennis Fuller & Associates, ... initiated a fundraiser for a two year old little girl named Bella, whose ... support this beautiful child who is facing life’s journey without her loving mother, ...
(Date:2/8/2016)... ... February 08, 2016 , ... ... networking and relationship-marketing firm, announced today that nominations will be accepted February ... (ISE®) West Awards. , Awards include the Information Security Executive® of ...
Breaking Medicine News(10 mins):
(Date:2/8/2016)... , Feb. 8, 2016  Labvantage Lx, a ... its first male sexual enhancement product, EnduramenT. Setting ... proven ethnobotanicals with a patented biomedical breakthrough molecule ... the chemical compound responsible for many biological functions ... Forgoing the use of prescription ...
(Date:2/8/2016)... ISELIN, N.J. , Feb. 8, 2016 ... ), a medical device company focused on ... technologies, today announced today announced that it ... on Wednesday, February 17, 2015 at 9:00 ... and to discuss its corporate strategy, advancements ...
(Date:2/8/2016)... N.Y. , Feb. 8, 2016 In a historic vote ... of plans to construct a medical cannabis cultivation facility and dispensary on ... State of New York as a provider for patients in ... New York as a provider for patients in the state,s ... to 29% (34) to approve the project and pursue designation from the ...
Breaking Medicine Technology: