NEW YORK--(BUSINESS WIRE)--July 10, 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 expects to report record revenues and net
income for the quarter ended June 30,2006.
In the second quarter of 2005, Bodisen reported revenues of $8.42
million and net income of $2.69 million. Bodisen experienced better
than expected sales growth in the second quarter of 2006 due to
strong customer demand for its environmentally friendly bio
fertilizer products. The Company expects to report second quarter
financial results in early August.
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 750
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
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.
The Piacente Group, Inc.