Winner Medical's Subsidiary Won Contribution in Chinese Nonwovens and Industrial Textiles Industry Award
28 October 2009 - 11:30PM
PR Newswire (US)
SHENZHEN, China, Oct. 28 /PRNewswire-Asia/ -- Winner Medical Group
Inc. (AMEX: WWIN; "Winner Medical", or the "Company"), a leading
manufacturer and the largest exporter by volume in the medical
dressing industry in China, today announced that its subsidiary
Winner Industries (Shenzhen) Co., Ltd., or "Winner Shenzhen", won a
Contribution in the Chinese Nonwoven and Industrial Textiles
Industry Award. The winner of the Contribution in Chinese Nonwovens
and Industrial Textiles Industry Award is determined and selected
by the China Nonwovens & Industrial Textiles Association. The
election criteria are based on the candidates' contribution,
innovation and prospects in the nonwovens industry. Winner
Shenzhen's winning the award is mainly attributable to its
outstanding innovative PurCotton products, which combine the
superior characteristics of both natural cotton and materials made
by using nonwoven technology. Such products have many advantages
over both woven cotton and synthetic nonwoven fabric. They are
natural, safe, strong, durable, healthy and
environmentally-friendly, and their quality standard is high. As of
October 2009, Winner Medical has patented this advanced automation
and design process in forty-two countries, including China, the
U.S.A., Russia, Singapore, South Africa, Mexico, Nigeria and the
Philippines and 34 member states of the European Patent Office.
"The Contribution Award we received significantly reflects our
unique technology of the PurCotton production method, strong
research and development ability and bright market prospects," said
Jianquan Li, Chief Executive Officer of Winner Medical. "We believe
PurCotton products are a medium- to long-term growth contributor to
our revenue, because they can be applied to the medical industry as
well as to other consumer products. We will continue to develop the
market demand for PurCotton while expanding the production
accordingly, and we believe PurCotton will give Winner Medical a
strong competitive edge in the global marketplace," Mr. Li
concluded. About Winner Medical Winner Medical is a leading
manufacturer and the largest exporter by volume in the medical
dressing industry in China. Headquartered in Shenzhen, the Company
has seven wholly-owned operating subsidiaries and four
joint-ventures with over 5,000 employees. The Company engages in
the manufacturing, sale, research, and development of medical care
products, wound care products, home care products and PurCotton
products, a nonwoven fabric made from 100% natural cotton. The
products are sold worldwide, with Europe, the United States and
Japan serving as the top three markets. The Company currently holds
50 patents and patent applications for various products and
manufacturing processes and is one of the few Chinese companies
licensed by the U.S. Food and Drug Administration (FDA) to ship
finished, sterilized products directly to the United States market.
To learn more about Winner Medical, please visit Winner Medical's
web site at http://www.winnermedical.com/ . Forward-Looking
Statements This press release contains certain statements that may
include "forward- looking statements" within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. All statements,
other than statements of historical fact included herein are
"forward-looking statements" including statements regarding Winner
Medical and its subsidiary companies' business strategy, plans and
objective and statements of non-historical information. These
forward-looking statements are often identified by the use of
forward-looking terminology such as "believes," "expects" or
similar expressions, involve known and unknown risks and
uncertainties. Although Winner Medical believes that the
expectations reflected in these forward-looking statements are
reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. You should not
place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. Winner Medical's
actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of
factors, including those discussed in Winner Medical's periodic
reports that are filed with and available from the Securities and
Exchange Commission. All forward-looking statements attributable to
Winner Medical or persons acting on its behalf are expressly
qualified in their entirety by these factors. Other than as
required under the securities laws, Winner Medical does not assume
a duty to update these forward-looking statements. For more
information, please contact: Investor Relations Contact: Peng Zhai
Investor Relations Manager Winner Medical Group Inc. Tel:
+86-755-2806-6858 Email: DATASOURCE: Winner Medical Group Inc.
CONTACT: Investor Relations, Peng Zhai, Investor Relations Manager,
Winner Medical Group Inc., +86-755-2806-6858, Web site:
http://www.winnermedical.com/
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