Rodobo International, Inc. Elects Zhiqiang E to Board of Directors
HARBIN, China, Nov. 17 /PRNewswire-Asia-FirstCall/ -- Rodobo International,
Inc. (OTC Bulletin Board: RDBO), a leading manufacturer and distributor of
high quality milk formula products for infants, children, middle-aged and
elderly in China, today announced the election of Mr. Zhiqiang E to the
Company's board of directors. Mr. E is the first independent director of the
Company.
Mr. E has over 12 years of experience in China's dairy industry. His
background covers R&D, production, engineering and supervision of
manufacturing companies in the dairy industry. From 1996 to 1999, Mr. E
engaged in the establishment of National Diary Engineering and Technology
Research Center and acted as manager for several projects. One of the projects
Non Dairy Based (Soy Protein) Infant Formula Series Food was awarded Major
Science & Technology Prize of Heilongjiang Province. While he worked at
National Dairy Testing Center back in 1998 to 2002, Mr. E was in charge of
reviewing the application of Industrial Production License for Infant Formula.
From 2003 to 2005, Mr. E worked as a Deputy Director at National Dairy
Standardization Center, where he prepared and revised 19 industry standards on
dairy production and quality inspection, among which one is an international
standard, 13 are national standards, and 5 are industry standards. Since 2005,
Mr. E has served as division director of regulations at National Dairy Testing
Center, assisting National Bureau of Quality Inspection in dealing with
technical problems in dairy product production.
Mr. E holds a bachelor degree in Food Science and a Master degree in Dairy
Science from Northeast Agriculture University. In 2006, Mr. E earned
Certificate of Senior National Registered Examiner and Teacher of National
Registered Examiner issued by Manufacturing License of National Industrial
Products Office; he also received the Certificate of National Registered
Examiner of Food Quality Standard (infant formula) in 2007.
Mr. Yanbin Wang, chairman and CEO of Rodobo International, welcomed
Zhiqiang E to the board. "We are very pleased to have Mr. E as our independent
board director. Mr. E's extensive experience in China's dairy business will
add great value to our board and demonstrate our continued effort to improve
our corporate governance," stated Mr. Wang. "Mr. E's expertise in dairy
products' production and quality supervision will provide valuable insight
into our own practices, which we believe will help us to improve productivity,
quality control systems and our premium brand image."
About Rodobo International, Inc.:
Rodobo International is one of the leading independent dairy companies in
China. Through its wholly-owned operating subsidiary, the Company is a
producer and distributor of high-quality formula milk powder products for
infants, children, middle-aged and elderly people in the People's Republic of
China. The Company's products are sold under the brand name "Rodobo", "Peer"
and "Healif" and are produced in cutting edge facilities using the highest
industry standards and the best quality control systems. In 2008, Rodobo
International was honored "Best Quality Control Enterprise for Dairy Products".
Safe Harbor Statement
This press release contains forward-looking statements. Whenever we use
words such as "believe," "expect," "anticipate," "intend," "plan," "estimate"
or similar expressions, we are making forward-looking statements. Forward-
looking statements include statements regarding our goals, beliefs, future
growth strategies, objectives, plans or current expectations. For example,
when we say that Mr. E's extensive experience in China's dairy business will
add great value to our board and demonstrate our continued effort to improve
our corporate governance, or that Mr. E's expertise in dairy products'
production and quality supervision will provide valuable insight into our own
practices, which we believe will help us to improve productivity, quality
control systems and our premium brand image, we are using forward looking
statements. These forward-looking statements are based on the current
expectations of the management of Rodobo International only, and are subject
to a number of factors and uncertainties that could cause actual results to
differ materially from those described in the forward-looking statements. The
following factors, among others, could cause actual results to differ
materially from those described in the forward-looking statements: failure to
obtain required regulatory approvals; risks associated with the effect of
changing economic conditions and/or regulatory environment in the People's
Republic of China; variations in cash flow; reliance on collaborative 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; changes in technology and market
requirements; changes in consumer preferences; loss of market share and
pressure on pricing resulting from competition, which could cause the actual
results or performance of Rodobo International to differ materially from those
contemplated in such forward-looking statements. Except as otherwise required
by law, Rodobo International undertakes no obligation to publicly release any
revisions to these forward-looking statements to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events. For a more detailed description of the risk and
uncertainties affecting Rodobo International, reference is made to Part I,
Item 1A, "Risk Factors" of Rodobo International's Annual Report on Form 10-K
for the fiscal year ended September 30, 2008 and to other reports filed from
time to time by Rodobo International with the Securities and Exchange
Commission.
For more information, please contact:
Rita Jiang, CFA
Rodobo International, Inc.
VP of Finance
Tel: +1-646-691-5047
Email: rita.jiang@gmail.com
SOURCE Rodobo International, Inc.