ValueRich, Inc. (AMEX:IVA) a finance and media company that operates online and offline properties for public and private companies announced today a consulting agreement with Xi�an Qinba Pharmaceutical Co., Ltd. of China. Under the terms of the agreement, ValueRich will act as a strategic consultant to Qinba Pharmaceutical Co., Ltd. in its pursuit to become a fully reporting, compliant, publicly traded company with its common stock listed on the OTC Bulletin Board. The consulting agreement provides that ValueRich services will include assisting Qinba in the identification and engagement of a U.S. based securities firm and a qualified auditor as well as assisting Qinba with the SEC listing requirements and its application for a trading symbol on the OTC BB. ValueRich is not required to raise funds in connection with the Qinba registration and listing efforts. ValueRich President and CEO Joseph Visconti said, �We believe the Qinba deal evidences our ability to provide global services and to monetize our expanding database of contacts and connections.� The agreement provides that ValueRich will receive both a cash component for its services and also an equity ownership stake in Xi�an Qinba Pharmaceutical. �If Qinba, with our assistance, accomplishes its goal and its stock trades publicly at a relatively moderate valuation in comparison to its unaudited 2007 numbers, we anticipate that ValueRich will benefit economically from our equity stake in Xi�An Qinba Pharmaceutical. We are realists and know what can happen from point A to point B when it comes to Wall Street transactions especially in the current state of the economy. Hopefully, the Qinba transaction is one of many and we expect to continue to focus on monetizing our network of clients and contacts,� said Visconti. About Xi�an Qinba Pharmaceutical Co., Ltd. Xi�an Qinba is a Chinese pharmaceutical company founded in 2001 in Chuang Ye Square with two locations, Xian and Hanzhong. Xi�an Qinba develops, manufactures and markets Chinese and Western medicines in tablet, capsule, granular, medical tea, syrup, oral mixture, injection and frozen dry powder form. Mr. Wang Guozhu, 44, and Mr. Zhang Guiping, 40, are Chairman and CEO respectively of Xi�an Qinba Pharmaceutical Co., Ltd. Both have over 20 years experience in the industry. Xi�an Qinba currently employs a total of 486 managerial, sales/marketing and R & D staffers. This news release contains �forward-looking statements� within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as �anticipates�, �expects�, �intends�, �plans�, �believes��, �seeks�, �estimates�, or variations of such words are intended to identify such forward-looking statements. All statements in this release regarding the future outlook related to ValueRich, Inc., are forward looking statements, including expectations as to our ability to monetize our expanding data base of contacts and connections, benefiting economically from our equity stake and our continued focus on monetizing our network of clients and contacts. There can be no assurance that Xi�an Qinba�s stock will be publicly traded or if publicly traded that the stock price will be as anticipated. Please refer to the Company�s Annual Report of Form 10-KSB for the year ended December 31, 2007 under the caption �Risk Factors� and our other periodic and current reports filed by us with the SEC for additional information regarding risks and uncertainties associated with an investment in our securities. Copies of these filings are available through the SEC's website at www.sec.gov. About ValueRich Inc. ValueRich, Inc. operates various online media-based properties for corporate and financial professionals, including ValueRich magazine and the industry-wide online financial community iValueRich.com. The Company�s corporate mission is to create an active community of financial professionals and micro-cap public company executives through its integrated portfolio of products and services. Become a free member of iValueRich.com at http://www.ivaluerich.com.
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