News Releases

Bodisen Biotech Signs $2.4 Million in New Contracts
Wednesday April 26, 8:00 am ET

NEW YORK--(BUSINESS WIRE)--April 26, 2006--Bodisen Biotech, Inc., (AMEX: BBC - News ; LSE: BODI - News ; website: /) the first China based environmentally friendly bio fertilizer company listed on a US stock exchange, and dually listed in London, today announced that the company has recently signed a total of approximately $2.4 million in new contracts with various new and existing wholesale distributors for 2006 product delivery.

Karen Qiong Wang, chairman and CEO of Bodisen said: "We're pleased to see continued strong sales activity entering into the first part of 2006, which is typically one of the slowest periods of the year. These contracts further validate the growing demand for environmentally friendly, high output agricultural solutions, such as Bodisen's organic bio fertilizer and pesticide products. Bodisen recently reaffirmed year 2006 sales and earnings guidance. We are well on track for executing our growth plan."

The Company also announced that Chairman and CEO Karen Qiong Wang has returned to her duty after a routine medical check up.

About Bodisen Biotech, Inc.

A Delaware company, Bodisen is headquartered in Shaanxi, China's agricultural hub. In January 2006, Bodisen was ranked the 16th fastest growing company in China by Forbes China. 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. Utilizing proprietary agricultural technologies, Bodisen sells over 60 packaged products, broken down into 4 product categories: Organic Compound Fertilizer; Organic Liquid Fertilizer; Pesticides & Insecticides, and agricultural raw materials. Bodisen's organic fertilizers are government certified as "organic" and can be absorbed by plants within 48 hours and enrich soil conditions without the damaging effects associated with chemical fertilizers. Bodisen's products address grains, vegetables, and fruit crops and have been proven to increase crop yields by 10% to 35% while being environmentally friendly. Among China's population of 1.3 billion, approximately 900 million are farmers or have agriculture related jobs whose incomes depend on their crop yields. With approximately 600 (and growing) nationwide distribution centers, Bodisen has experienced rapid growth in its existing business.

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.


Contact:

The Piacente Group, Inc.
Investor Relations:
Debra Chen, 212-481-1907
debra@thepiacentegroup.com

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Source: Bodisen Biotech, Inc.

 

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