ZHEJIANG, China, May 26, 2011 /PRNewswire-Asia/ -- Lizhan
Environmental Corporation ("Lizhan" or the "Company") (Nasdaq:
LZEN), one of China's leading
manufacturers of eco-friendly fabrics made from patented
technologies, announced today it has retained HC International,
Inc. ("HC International") as its strategic investor relations
advisor.
HC International will assist Lizhan with communicating its
corporate, financial and investor developments to shareholders and
investors, while building its credibility in the capital markets.
Matthew Hayden, Ted Haberfield, and the HC International team
will be advising the Company in all facets of corporate and
financial communications.
"We selected HC International as our investor relations partner
because of the breadth and depth of the services they provide,"
said Mr. Jianfeng Liu, Chairman and
Chief Executive Officer of Lizhan. "As a new company that only
recently completed our IPO in November
2010, we need an investor relations counsel with that has an
established track record of providing exemplary services and strong
relationships with U.S. shareholders. We look forward to their
assistance in expanding our shareholder base and increasing
liquidity."
"Lizhan's cost and technology advantages position the Company to
significantly expand its market share in the emerging recycled
leather industry," said Matthew
Hayden, President of HC International, Inc. "The Company's
strong and diverse base of domestic and international customers
provide us with a high level of comfort in their business model.
With their breakthrough Evergreen Products production lines coming
online soon, we see tremendous growth for many years to come. We
are eager to help the management team communicate their story to
investors."
About Lizhan Environmental Corporation
Lizhan Environmental Corporation is one of China's leading manufacturers of eco-friendly
fabrics whose products are developed with patented technology that
regenerates collagen fiber from leftover cuttings, pieces and
trimmings of genuine leather. The Company's products are mainly
used in furniture, garments and other consumer applications. For
more information about Lizhan Environmental Corporation, please
visit www.lzencorp.com.
Safe Harbor Statement
This press release contains certain statements that may include
'forward-looking statements' as defined in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
often identified by the use of forward-looking terminology such as
"believe, expect, anticipate, optimistic, intend, will" or similar
expressions. Such forward-looking statements involve known and
unknown risks and uncertainties that may cause actual results to be
materially different from those described herein as anticipated,
believed, estimated or expected. Investors should not place undue
reliance on these forward-looking statements, which speak only as
of the date of this press release. The Company's actual results
could differ materially from those anticipated in these
forward-looking statements as a result of a variety of risks and
factors, including those discussed in the Company's periodic
reports that are filed with and available from the Securities and
Exchange Commission. All forward-looking statements attributable to
the Company or persons acting on its behalf are expressly qualified
in their entirety by these risks and other factors. Other than as
required under the securities laws, the Company does not assume a
duty to update these forward-looking statements.
Contacts:
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Company:
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Lizhan Environmental
Corporation
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Silvia Liu, Investor Relations
Manager
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Email:
ir@lezncorp.com
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Phone:
+011-86-573-8862-268
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Investor Relations
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HC International
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Ted Haberfield, Executive Vice
President
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Phone:
+1-760-755-2716
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Email: thaberfield@hcinternational.net
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Web: www.hcinternational.net
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SOURCE Lizhan Environment Corporation