NEWS - CITY OF INDUSTRY, CA and HONG KONG -- (MARKET WIRE) -- 04/07/08 -- EFT BioTech Holdings Inc. (PINKSHEETS: EFTB) today announced that it has retained Informed IR Inc. as its investor relations firm. EFT BioTech, Inc. is an E-Business Company serving consumers with EFTB's world-class products, through an online business platform as its primary means to attract and cultivate its Affiliate network.
"We are extremely pleased to be working with Informed IR's experienced professionals. As we emerge onto the U.S. financial markets, we are committed to communicating fully with our shareholders, and to increasing shareholder value. Our business is growing rapidly, so a dynamic, full-service investor relations effort is an essential part of ensuring the market appropriately values our company," stated Jack Qin, EFT BioTech's Chairman and President.
"We believe EFT BioTech is an exceptional investment story, and that its future potential is very significant. Our role as their investor relations consultant will be focused on dramatically increasing the awareness of EFT BioTech to a broad array of potential shareholders," stated John Tsemberides, Informed IR's President.
About EFT BioTech, Inc.
EFT BioTech, Inc. is an E-Business Company serving consumers with EFTB's world-class products, through an online business platform as its primary means to attract and cultivate its Affiliate network program. EFTB consumers can become EFTB Affiliates by sharing EFTB's products information with other potential consumers. EFTB offers its Affiliate network a portfolio of world-class products to market, and a robust infrastructure through which to receive payments and manage their customer referral sales. For more information please visit www.EFTB.us
Safe Harbor for Forward-Looking Statements
Statements made in this release with the respect to the Company's current plans, estimates, strategies and beliefs and other statements that are not historical are forward-looking statements. Forward-looking statements include, but are not limited to, those statements using words such as "believe," "expect," "plans," "strategy," prospects," "forecast," "estimate," "project," "anticipate," "aim," "may" or "might" and words of similar meaning in connection with a discussion of future operations, financial performance, vents or conditions. From time to time, oral or written forward-looking statements may also be included in other materials released to the public. These statements are based on management's assumptions and belief in light of the information currently available to it. The company cautions you that a number of important risks and uncertainties could cause actual results to materially differ from those discussed in the forward-looking statements, and therefore, you should not play undue reliance on them. You also should not rely on any obligation of the Company to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The company disclaims any such obligation unless required by law. Risks and uncertainties that might affect the Company include, but are not limited to (i) the global economic environment in which the Company operates, as well as the economic conditions in the Company's markets, (ii) levels of consumer spending, and (iii) exchange rates, particularly between the Chinese Yen and the U.S. Dollar. Risks and uncertainties also include the impact of any future events with material adverse impacts.
Contact:
John Tsemberides
44 Wall Street 12 th floor
New York, N.Y. 10005
O: 212-400-2337
C: 917-734-1524
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