CIS Acquisition Ltd. Announces Corporate Name Change to Delta Technology Holdings Ltd
30 October 2014 - 2:45AM
Business Wire
CIS Acquisition Ltd. (NASDAQ:CISAW) announced that
effective October 8, 2014, the Company changed its name to Delta
Technology Holdings Limited (“Delta” or “the Company”).
Chairman and CEO, Mr. Xin Chao, stated, “The recent completion
of our business transaction with CIS Acquisition Ltd. was a
milestone event for Delta in becoming a U.S. listed public company.
We are pleased to officially change our corporate name to
accurately reflect our core belief in technology as a
differentiating factor in the specialty chemical markets that Delta
services. We plan to continue building upon our market leading
position while also seeking technology breakthroughs that designed
to further strengthen our competitiveness and global brand
recognition.”
About Delta Technology Holdings Ltd.
Founded in 2007, Delta is a leading China-based fine and
specialty chemical company producing and distributing organic
compound including para-chlorotoluene (“PCT”), ortho-chlorotoluene
(“OCT”), PCT/OCT downstream products, unsaturated polyester resin
(“UPR”), maleic acid (“MA”) and other by-product chemicals. The end
application markets of the Company's products include Automotive,
Pharmaceutical, Agrochemical, Dye & Pigments, Aerospace,
Ceramics, Coating-Printing, Clean Energy and Food Additives. Delta
has approximately 300 employees, 25% of whom are highly-qualified
experts and technical personnel. The company serves more than 380
clients in various industries.
Safe Harbor Statement
This press release contains 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. These statements are subject to known and unknown risks,
uncertainties and other factors that may cause actual results,
performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statements. Statements preceded or followed by
or that otherwise include the words "believes," "expects,"
"anticipates," "intends," "projects," "estimates," "plans," and
similar expressions or future or conditional verbs such as "will",
"should", "would", "may" and "could" are generally forward-looking
in nature and not historical facts. Forward-looking statements in
this release also include statements about business and economic
trends. Investors should also consider the areas of risk described
under the heading "Forward Looking Statements" and those factors
captioned as "Risk Factors" in CIS's periodic reports under the
Securities Exchange Act of 1934, as amended, or in connection with
any forward-looking statements that may be made by CIS.
Delta Technology Holdings Ltd.Richard Yan, +86 511-8673-3102
(China)Chief Financial Officerrichard@krcprc.com.cnorINVESTOR
RELATIONSThe Equity Group Inc.Katherine Yao, +86
10-6587-6435Associatekyao@equityny.comorAdam Prior,
212-836-9606Senior Vice Presidentaprior@equityny.com
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