News Releases

Bodisen Biotech Expects Record Revenues and Net Income for Second Quarter Ended June 30,2006

Monday July 10, 8:00 am ET

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 growth.

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:
The Piacente Group, Inc.
Debra Chen, 212-481-1907

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Source: Bodisen Biotech, Inc.

 

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