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Shiner International Receives Key Patent Approval for Coated Plastic Films From China Patent Office
Tuesday, October 02, 2007
Patented Technology Significantly Enhances Effectiveness in Addressing China's Anti-Counterfeit Markets
Hainan, China -- Shiner International, Inc. (OTCBB: SHNL) (website: www.shinerinc.com), a market leader in China's anti-counterfeit plastic films industry, announces key patent approval for its coated plastic films and related manufacturing process. The patent under patent No. ZL200510075370.2 is the first of such plastic films technology that has been approved by the China Patent Office.
The patent protection is valid for 20 years from year 2007.
Mr. Jian Fu, CEO of Shiner International, commented: "With this key patent approval, Shiner International sets China's national standard for coated films utilized in food packaging as well as anti-counterfeit plastic film manufacturing. As China's national leader in anti-counterfeit plastic films, Shiner stands to benefit directly from premium liquor and cigarette manufacturers which suffer billions of dollars each year in loss revenues due to rampant product counterfeit problems across China. We expect deeper market penetration and increased sales to existing and new customers as a result of this key patent approval."
About Shiner International, Inc.
Shiner is a US corporation that has its primary operations in China. Headquartered in the city of Haikou, the capital city of Hainan Province -- China's "Hawaii," Shiner's products include coated packaging film, shrink-wrap film, common packaging film, anti-counterfeit laser holographic film and color printed packaging materials. About 60% of Shiner's current customers are located in China with the remainder located in Southeast Asia, Europe, the Middle East and North America. Shiner holds 12 patents on products and production equipment, and has additional patent applications currently pending. Shiner's coated films meet the approval of US FDA requirements as well as those required for food packaging sold in the EU. Shiner's product manufacturing process is certified under ISO 9001:2000.
Safe Harbor Statement
All statements in this press release that are not historical are forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect Shiner International, Inc.'s current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in Shiner's filings with the Securities and Exchange Commission.
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