HARBIN, China, Sept. 2 /Xinhua-PRNewswire-FirstCall/ -- China Sky One
Medical, Inc. ('China Sky One Medical' or 'the Company') (AMEX: CSY), a
leading fully integrated pharmaceutical company producing external use,
over-the-counter drugs in the People's Republic of China ('PRC'), today
announced that it has received approval to list its common stock on the NASDAQ
Global Market.
China Sky One expects to start trading on the NASDAQ Global Market on
September 15, 2008, and that the last day of trading on the American Stock
Exchange ('AMEX') will be September 12, 2008. The trading symbol for China
Sky One's common stock on the NASDAQ Global Market will be 'CSKI'. The
Company primarily sells its products in the People's Republic of China (PRC).
'We are very excited to list on NASDAQ and consider the change to be a
significant milestone in China Sky One's development as a U.S. public
company,' commented Mr. Yan-qing Liu, Chairman, CEO and President of China Sky
One. 'We are confident that the listing on NASDAQ will allow us to further
enlarge our investor base and increase both our liquidity and visibility in
the investment community.'
About China Sky One Medical, Inc.
China Sky One Medical, Inc., a Nevada corporation, is a holding company.
The Company engages in the manufacturing, marketing and distribution of
pharmaceutical, medicinal and diagnostic products. Through its wholly-owned
subsidiaries, Harbin Tian Di Ren Medical Science and Technology Company ('TDR')
and Harbin First Bio- Engineering Company Limited ('First'), the Company
manufactures and distributes over-the-counter pharmaceutical products, which
make up its major revenue source. For more information, visit
http://www.skyonemedical.com .
Safe Harbor Statement
Certain of the statements made in the press release constitute forward-
looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995. These statements can be identified by the use of forward-
looking terminology such as 'believe,' 'expect,' 'may,' 'will,' 'should,'
'project,' 'plan,' 'seek,' 'intend,' or 'anticipate' or the negative thereof
or comparable terminology. Such statements typically involve risks and
uncertainties and may include financial projections or information regarding
our future plans, objectives or performance. Actual results could differ
materially from the expectations reflected in such forward-looking statements
as a result of a variety of factors, including the risks associated with the
effect of changing economic conditions in The People's Republic of China,
variations in cash flow, reliance on collaborative retail partners and on new
product development, variations in new product development, risks associated
with rapid technological change, and the potential of introduced or undetected
flaws and defects in products, and other risk factors detailed in reports
filed with the Securities and Exchange Commission from time to time.
For more information, please contact:
Company Contact:
Mr. Yu-Bo Hao, Board Secretary
China Sky One Medical, Inc.
Tel: +86-0451-53994069
Email: china_sky_one@yahoo.cn
Investor Relations Contact:
Mr. Crocker Coulson, President
CCG Investor Relations
Tel: +1-646-213-1915
Email: crocker.coulson@ccgir.com
Web site: http://www.ccgir.com
Mr. Richard Micchelli, Financial Writer
CCG Investor Relations
Tel: +1-646-454-4516
Email: richard.micchelli@ccgir.com
Web site: http://www.ccgir.com
SOURCE China Sky One Medical, Inc.