News Releases

Bodisen Biotech Joins Russell Microcap Index

Monday June 19, 8:00 am ET

NEW YORK--(BUSINESS WIRE)--June 19, 2006--Bodisen Biotech, Inc., (AMEX:BBC, London AIM:BODI, 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 will join the Russell Microcap(TM) Index according to a preliminary membership list posted on Friday, June 16, 2006 on http://www.russell.com/.

Bodisen's CEO Karen Qiong Wang commented, "We are pleased that Bodisen will be joining the Russell Microcap(TM) Index and view this as a testament to the strength of our company's progress in achieving its stated growth strategy to capture the enormous growth opportunities that exist in China's fertilizer market, the largest in the world at US$17 billion annually. As we execute on the growth initiatives we have in place, we continue to make significant strides to improve our visibility to our investors. Our inclusion in this index will further enhance our visibility among the investment community."

Russell Microcap Index measures performance of the microcap segment. The Russell Microcap Index includes the smallest 1,000 securities in the small-cap Russell 2000® Index plus the next 1,000 securities. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $3.8 trillion in assets currently are benchmarked to them. Investment managers who oversee these funds purchase shares of member stocks according to that company's weighting in the particular index.

About Russell

Russell, a global leader in multi-manager investment services, provides investment products and services in 44 countries. Russell manages more than $167 billion in assets and advises clients worldwide representing $2.4 trillion.

About Bodisen Biotech, Inc.

A Delaware company, Bodisen is headquartered in the city of Yang Ling, Shaanxi Province, 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. Utilizing proprietary agricultural technologies, Bodisen sells over 60 packaged products, broken down into four product categories: Organic Compound Fertilizer; Organic Liquid Fertilizer; Pesticides & Insecticides, and agricultural raw materials. Bodisen's organic fertilizers can be absorbed by plants within 48 hours and enrich soil conditions. These 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 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:
Investor Relations for Bodison Biotech, Inc. 
The Piacente Group, Inc.
Debra Chen, 212-481-2050
debra@thepiacentegroup.com

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Source: Bodisen Biotech, Inc.

 

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