News Releases

Bodisen Biotech to Present at the Roth Capital Partners 2006 New York Conference in Early September

Tuesday August 15, 8:00 am ET

NEW YORK, NY--(MARKET WIRE)--Aug 15, 2006 -- Bodisen Biotech, Inc. (AMEX:BBC - News) (AIM: BODI) (website: /), the first China-based environmentally friendly bio fertilizer company listed on a U.S. stock exchange, and dually listed in London, today announced that it will present at the Roth Capital Partners 2006 New York Conference. The conference is being held September 6-7, 2006 at the Westin Times Square Hotel in New York City. Chairman and Chief Executive Officer, Karen Qiong Wang, and President Bo Chen will present at 1:30 p.m. Eastern Time on Wednesday, September 6, 2006.

Karen Qiong Wang, Chairman & CEO of Bodisen, commented, "We look forward to having this opportunity to share Bodisen's bright outlook with investors and also highlight the tremendous earnings growth that the Company has been able to deliver quarter after quarter over the past two and a half years since becoming a public company. We expect our recent expansion into China's vast Xinjiang province to contribute significantly to our 2007 earnings and beyond. Bodisen's management team is focused on executing another excellent quarter for the third quarter especially given that we are already in the middle of our third quarter, which historically has been our strongest quarter of the year."

On August 14, 2006, Bodisen reported record revenues of $16.4 million for the second quarter of 2006, up 95% from the prior year period and net income of $5.9 million (or fully diluted EPS of $0.32), up 118% from the prior year period. The Company also cited positive growth outlook for the second half of 2006 and 2007 given strong product demand and Bodisen's strategic expansion into new markets.

A live webcast of the audio presentation will be available along with accompanying presentation slides. Interested parties may tune in to the live presentation by visiting: http://www.wsw.com/webcast/roth8/bbc/.

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

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Source: Bodisen Biotech, Inc.

 

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