China-Biotics, Inc. (CHBT)

[viking86]

China-Biotics Receives First U.S. Sales Order:

The U.S. based nutritional product company placed its first sales order, and formally entered into its agreement with China-Biotics on March 28, 2011. The agreement is effective for two years beginning on March 17, 2011, the day after the parties entered into an agreement in principle.

Mr. Jinan Song, CEO and Chairman of China-Biotics, commented, "We are excited to have received our first product sales order quickly after having established a business relationship with our U.S. customer. While continuing to increase our market share domestically, we also look forward to future growth opportunities in the international market."

http://finance.yahoo.com/news/ChinaBiotics-Receives-First-prnews-420994357.html?x=0&.v=1