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Lotus Pharmaceuticals Retains Sichenzia Ross Friedman Ference LLP as General Legal Counsel
Date:10/6/2010

BEIJING, Oct. 6 /PRNewswire-Asia-FirstCall/ -- Lotus Pharmaceuticals, Inc. (OTC Bulletin Board: LTUS) ("Lotus" or the "Company"), a fast-growing, profitable developer, manufacturer and seller of medicine and drugs in the People's Republic of China ("PRC"), announced today that the Company has retained Sichenzia Ross Friedman Ference LLP ("SRFF") as its general corporate legal counsel.

"Sichenzia Ross Friedman Ference has a very successful track record advising and representing clients in the China space, and we are very pleased to benefit from their counsel as we expand our distribution channels and continue to develop our internal drug pipeline," said Dr. Zhongyi Liu, Lotus' Chairman and Chief Executive Officer. "As we grow and capitalize on the enormous pharmaceuticals demand in China, we are confident that our relationship with SRFF will allow us to remain in compliance with all of the requisite U.S. legal and regulatory standards."

Sichenzia Ross Friedman Ference LLP represents a wide client base that includes private and public corporations, partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisors, registered personnel, public and corporate customers and investors, and other entities. The firm also advises institutional investors on transactions involving complex securities law considerations. SRFF represents clients located in the United States and throughout the world.

The firm's areas of expertise include corporate and commercial transactions, securities litigation and arbitration, administrative practice before regulatory agencies, mergers and acquisitions, and broker-dealer regulation. In addition, SRFF provides guidance to Asian companies seeking guidance for corporate finance and merger and acquisition activity and investors seeking business opportunities in China.

About Lotus Pharmaceuticals, Inc. Lotus Pharmaceuti
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