LOS ANGELES, June 1, 2004 (PRIMEZONE) -- Kiwa Bio-Tech Products Group Corporation ("the Company" or "KIWA") (OTCBB:KWBT) announced today that it has engaged Laguna Beach, California based Cinapsys, Inc. as its investor relations and corporate communications group. The Company is providing a toll free number for investors and media to call for information: 1-866-327-9476.
Cinapsys has been engaged to assist Kiwa Bio-Tech with its investor relations, corporate and Internet communications and strategic planning. Cinapsys becomes part of an overall investor and public relations strategy to increase awareness and exposure to retail investors and the media.
Wei Li, Chairman and CEO of KIWA commented, "In order to enhance communications with the investment community, the Company has retained Cinapsys, Inc. to assist with management and dissemination of news and information." He added, "Cinapsys will also be working to enhance the Company's web presence, corporate presentation materials and overall media strategy."
Mark Moline, President of Cinapsys stated, "Sustainable agriculture, increased crop yields and 'green' farming are all issues of increasing importance as our population expands and our ability to feed the planet is stressed. As a company focused on agricultural and environmental biotechnology, KIWA has an opportunity to positively impact people and the environment through the use of their product offerings."
About KIWA Bio-Tech Products Group Corporation
KIWA develops, manufactures and distributes innovative, cost-effective, and environmentally-safe bio-technological products to agricultural and environmental protection markets. The Company's goal is to have people in China and elsewhere in the world eat healthier, drink cleaner and live longer. The Company is a pioneer in commercialization of biotechnology, having an offshore manufacturing base in Shandong Province, China and distributing bio-tech products worldwide.
About Cinapsys, Inc.
Cinapsys is a pioneer in investor relations utilizing not only the Internet, but more traditional methods as well. Cinapsys professionals work to build shareholder value by establishing relationships and effectively communicating the Client's message, investment potential and corporate vision to Main Street, Wall Street and the financial media. Cinapsys brings a vibrant, dynamic and enthusiastic spirit to solving our Client's challenges.
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.