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Winner Medical Announces U.S. Patent Approval For PurCotton

http://news.moneycentral.msn.com/provider/provider [2008-7-21]

Tag : spunlace roll

SHENZHEN, China , July 17 /Xinhua-PRNewswire/ -- Winner Medical Group Inc. (OTC BulletinBoard: WMDG, "Winner Medical"), a leading manufacturer and thelargest exporter by volume in the Chinese medical dressing industry(medical and wound care products), today announced that it has beennotified by the United States Patent and Trademark Office that itsmethod for producing PurCotton(TM) products has been granted apatent.
Mr. Jianquan Li , CEO of Winner Medical, remarked, "We are delighted to receivenotice that our unique and innovative PurCotton(TM) productionmethod has been issued an U.S. patent. We believe the patent willbuild our customers' confidence in our products and bolster thesales and marketing efforts in the United States ."
The following are specifically covered by the patent: method forproducing spunlace non-woven cloth, method for producing spunlacenon-woven cloth with X-ray detectable element, spunlace non-wovencloth with X-ray detectable element produced thereby.
As of July 2008 , Winner Medical has been granted patents for its PurCotton(TM)product production method in the U.S., China , Singapore , and Russia . The patent application is also pending in other regions such as Europe , Japan , and the Middle East .
Mr. Jianquan Li is the inventor of the patented PurCotton(TM) production method,and he has entered into a licensing agreement with Winner Medical,pursuant to which Mr. Li granted Winner Medical the rights for theuse of his patent on a royalty-free basis.
PurCotton(TM) products combine the superior characteristics of bothnatural cotton and materials made using non-woven technology. Ithas many advantages over both woven cotton and synthetic non-wovenfabric, as it is high quality, natural, safe, strong, durable,healthy and environmentally-friendly. Winner Medical's patentedmanufacturing process enables the Company to produce PurCotton(TM)at a lower cost than the woven cotton products, and it cantherefore offer customers a lower price without sacrificing itsmargin. The Company expects the new PurCotton(TM) products to be agrowing contributor to its product revenue.
Winner Medical sells PurCotton(TM) products primarily in rawmaterial jumble roll form. It supplies PurCotton(TM) raw materialsto manufacturers and providers of consumer hygiene products.Between April 1, 2008 and June, 30, 2008, Winner Medical sold approximately 60 tons ofPurCotton(TM) to manufacturers and distributors in Japan , China , the U.S., Korea, and Europe to be made into products such as cosmetic products, disposablediapers and feminine hygiene products.
About Winner Medical
Winner Medical is a leading manufacturer and the largest exporterby volume in the medical dressing industry (medical and wound careproducts) in China . Headquartered in Shenzhen , the Company has eight wholly-owned manufacturing and distributionfacilities, four joint-venture factories and over 5,000 employees.The Company engages in the manufacture, sale, research, anddevelopment of medical care products, wound care products, homecare products and PurCotton(TM) products, a non-woven fabric madefrom 100% natural cotton. The products are sold worldwide, with Europe , the U.S. and Japan serving as the top three markets. The Company currently holds 38patents and patent applications in various products andmanufacturing processes and is one of the few Chinese companieslicensed with the U.S. Food and Drug Administration (FDA) to shipfinished, sterilized products directly to the U.S. market. To learnmore about Winner Medical, visit Winner Medical's web site http://www.winnermedical.com .
Forward-Looking Statements
This press release contains certain statements that may include"forward-looking statements" within the meaning of Section 27A ofthe Securities Act of 1933, as amended, and Section 21E of theSecurities Exchange Act of 1934, as amended. All statements, otherthan statements of historical fact included herein are"forward-looking statements" including statements regarding WinnerMedical and its subsidiary companies' business strategy, plans andobjective and statements of non-historical information. Theseforward looking statements are often identified by the use offorward-looking terminology such as "believes," "expects" orsimilar expressions, involve known and unknown risks anduncertainties. Although Winner Medical believes that theexpectations reflected in these forward-looking statements arereasonable, they do involve assumptions, risks and uncertainties,and these expectations may prove to be incorrect. You should notplace undue reliance on these forward-looking statements, whichspeak only as of the date of this press release. Winner Medical'sactual results could differ materially from those anticipated inthese forward-looking statements as a result of a variety offactors, including those discussed in Winner Medical's periodicreports that are filed with and available from the Securities andExchange Commission. All forward-looking statements attributable toWinner Medical or persons acting on its behalf are expresslyqualified in their entirety by these factors. Other than asrequired under the securities laws, Winner Medical does not assumea duty to update these forward-looking statements. SOURCE Winner Medical Group Inc.
Copyright 2008 PR Newswire
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