AMDL's First Full Service JPGreen Health and Personal Care Center Set to Open in Hangzhou, China
December 19 2007 - 5:00AM
PR Newswire (US)
TUSTIN, Calif., Dec. 19 /PRNewswire-FirstCall/ -- AMDL, Inc.,
(AMEX:ADL), today announced that its subsidiary, Jade
Pharmaceutical Inc., a developer, manufacturer, and marketer of
pharmaceutical, nutraceutical, diagnostic, consumer healthcare and
personal care products, is set to open its first large-scale
JPGreen Health and Personal Care Center in Hangzhou, China. The
state-of-the-art facility was acquired by Jade to be converted into
a flagship JPGreen Health and Personal Care Center. Customers will
experience full service personal health care, which will include
the anti-aging treatment with Jade's award winning Goodnak(R)
product. The Hangzhou Center is the first full service location of
an anticipated 200 JPGreen Health and Personal Care Centers.
"Individual locations are expected to have an average gross profit
margin of 70% and these Care Centers will add significantly to our
sales. We previously announced that Goodnak(R) distributor sales
alone are on a path to deliver revenues as high as $24 million over
the next 12 months," said Frank Zhen, managing director. Gary
Dreher, CEO of AMDL, said that the "previous distributor network of
sales and the new non distributor revenue provided by Jade's own
growing consumer health and personal care business complement the
Company's other already profitable product lines. We are building
on the significant success we achieved in China this past quarter."
About AMDL: More information about AMDL and its products can be
obtained at http://www.amdl.com/. About Jade: Jade has access to
the fastest growing pharmaceutical and consumer market in the
world: China. AMDL, through its Jade subsidiaries, currently holds
licenses for 133 products that are manufactured as large volume
injection fluids, tablets and other related products. It currently
manufactures over 20 key generic, over the counter and supplemental
pharmaceutical products under certified Chinese Good Manufacturing
Practice (CGMP) standards. Forward-Looking Statements This news
release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. Such
statements are subject to certain risks and uncertainties, and
actual circumstances, events or results may differ materially from
those projected in such forward-looking statements. The Company
cautions readers not to place undue reliance on any forward-looking
statements. The Company does not undertake, and specifically
disclaims any obligation, to update or revise such statements to
reflect new circumstances or unanticipated events as they occur.
Contact: AMDL, Inc. Mr. Paul Knopick AMDL Investor Relations Direct
Line: 949.707.5365 VoiceMail: 714.505.4460 DATASOURCE: AMDL, Inc.
CONTACT: Mr. Paul Knopick of AMDL Investor Relations, Direct Line:
+1-949-707-5365, VoiceMail: +1-714-505-4460 Web site:
http://www.amdl.com/
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