AMDL, Inc. Chairman & CEO Announces Expert Opinion on China's Economic Forecast
January 26 2009 - 9:30AM
PR Newswire (US)
TUSTIN, Calif., Jan. 26 /PRNewswire-FirstCall/ --
(http://www.amdl.com/) China continues to show significant
potential to impact global markets according to AMDL, Inc. (NYSE
Alternext US: ADL) Chairman and CEO Mr. Douglas MacLellan. The
Company today announced the release of an internal economic
forecast research report indicating China as having the #1 highest
GDP growth rate in the world, eclipsing every other international
market. Mr. MacLellan has been working in China since 1983 and is a
recognized authority on joint venture and wholly foreign owned
enterprise (WFOE) structuring. He is a senior international
business executive, economist, venture capitalist and merchant
banker. MacLellan has been a catalyst for the development and
financing of global businesses in the United States and throughout
the world in countries that include: Bulgaria, Cambodia, Canada,
Chile, China, Hungary, India, Korea, Madagascar and Russia over the
past 16 years. Throughout his professional career, as a senior
international business executive and or as a member of the board of
directors of numerous companies, he has provided management, advice
and counsel on strategic planning, operational activities,
corporate finance, economic policy, asset allocation and mergers
&acquisitions. He has helped raise over US$715 million for
development stage, start-up and mid-cap companies. MacLellan holds
extensive experience developing businesses in China, including a
thorough understanding of the regulatory framework and how to work
with local authorities. He has substantial contacts in the Chinese
government and business communities. To view Mr. MacLellan's report
on the growing Chinese market visit http://www.amdl.com/. About
AMDL: Headquartered in Tustin, CA with operations in Shenzhen,
Jiangxi, and Jilin, China, AMDL, Inc., along with its subsidiary
Jade Pharmaceutical Inc. (JPI), is a vertically integrated
pharmaceutical company devoted to the research, development,
manufacturing, and marketing of diagnostic, pharmaceutical,
nutritional supplement, and cosmetic products. The company employs
over 490 people in the U.S. and China. AMDL Contact: Kristine
Szarkowitz Director-Investor Relations (206) 310-5323 DATASOURCE:
AMDL, Inc. CONTACT: Kristine Szarkowitz, Director-Investor
Relations of AMDL, Inc., +1-206-310-5323,
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