SHENZHEN, China, Sept. 22, 2005 (PRIMEZONE) -- New Dragon Asia Corp. (Amex:NWD) today announced it is scheduled to make a presentation at the New York Society of Security Analysts' 2005 Investing in China & India conference on Thursday, September 29, 2005, at 11:20 a.m. Eastern at The Harvard Club in New York City.
Peter Mak, chief financial officer, will review the company's operations and growth opportunities in China, as well as its expanding presence in other regions of the world. A live audio web cast of the presentation will be accessible through New Dragon Asia's website, www.newdragonasia.com, and archived for a one-year period.
Separately, New Dragon Asia said that an extensive research report on the company, its products and the market in China, produced by Cohen Independent Research Group, is also available on the company's web site.
About The Company
New Dragon Asia Corp. is engaged in the milling, sale and distribution of flour and related products, including instant noodles and soybean-derived products, to retail and commercial customers throughout China. New Dragon Asia markets its well-established product line through a network of more than 200 key distributors and 16 regional offices in 27 Chinese provinces with an aggregate production capacity of approximately 110,000 tons of flour and more than 1.1 billion packages of instant noodles.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward- looking statements are based on current expectations or beliefs, including, but not limited to, statements concerning the company's operations and financial performance, condition and success of its acquisition program. Information discussed in the newly posted research report produced by Cohen Independent Research Group is for information and background purpose only and should not be regarded as an endorsement by New Dragon Asia of its ability to meet or exceed financial projections contained within the report. For this purpose, statements that are not statements of historical fact may be deemed to be forward-looking statements. The company cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the impact of competitive products and pricing; changes in consumer preferences and tastes or perceptions of health-related issues; effectiveness of advertising or market-spending programs; changes in laws and regulations; fluctuations in costs of production, foreign exchange and interest rates; and other factors as those discussed in New Dragon Asia Corp.'s reports filed with the Securities and Exchange Commission from time to time.