News Releases

China Eliminates 50 Year Old Agricultural Tax, Bodisen Biotech Sees Increased Sales in 2006 and Beyond
Tuesday January 24, 8:00 am ET

NEW YORK--(BUSINESS WIRE)--Jan. 24, 2006--Bodisen Biotech, Inc., (AMEX:BBC, website: /), the first China based environmentally friendly bio fertilizer company listed on a US stock exchange, today announced that the Chinese government recently eliminated an important agricultural tax that had been levied on Chinese farmers since 1958. Chinese farmers have traditionally been paying on average a 15.5% agricultural tax on farm output.

Ms. Karen Qiong Wang, Chairman & CEO of Bodisen commented: "Elimination of the agricultural tax will significantly increase farmers' income across China. As China's rapidly growing economy continues to rely heavily on imported grains, farmers now have more incentives to purchase high quality, higher crop yield environmentally friendly fertilizers from Bodisen. Our sales channels have already seen positive responses and increased orders from our end user farmers. Bodisen is on track to achieve record earnings growth in 2006 and maintains its position as one of the fastest growing companies in China."

Utilizing proprietary technologies, Bodisen sells over 60 packaged products, broken down into 3 product categories: Organic Compound Fertilizer; Organic Liquid Fertilizer; and Pesticides & Insecticides. Bodisen's organic fertilizers can be absorbed by plants within 48 hours while enriching soil conditions without the damaging effects associated with chemical fertilizers.

About Bodisen Biotech, Inc.

A Delaware company, Bodisen is headquartered in Shaanxi, China's agricultural hub. The Bodisen brand is a highly recognized fertilizer brand in China. Its environmentally friendly "green" products support the mandate of the Chinese government to increase crop yields for the purpose of decreasing China's dependency on food imports. Among China's population of 1.3 billion, approximately 900 million are farmers whose incomes depend on their crop yields.

With over 60 products and approximately 600 (and growing) nationwide distribution centers, Bodisen has experienced rapid growth. Bodisen's products are based on proprietary agricultural technology jointly developed by company scientists and university laboratories. These products address grains, vegetables, and fruit crops and have been proven to increase crop yields by 10% to 35% while being 100% environmentally friendly.


Wall Street firm New York Global Securities, Inc. ("NYGS", provides research coverage for Bodisen. NYGS' parent company New York Global Group ( has a significant China presence.

Safe Harbor Statement

This press release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations or beliefs of Bodisen Biotech, Inc. management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.



Investor Relations:
The Piacente Group, Inc.
Brandi Piacente, 212-481-2050


Source: Bodisen Biotech, Inc.


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