Andatee China Marine Fuel Services Announces Engagement of RedChip Companies for Investor Relations Programs
Entrepreneurial Marine Fuel Oil Provider Launched IPO in January
DALIAN, China, Feb. 25 /PRNewswire-Asia/ -- Andatee China Marine Fuel Services Corporation (Nasdaq: AMCF), the leading independent operator engaged in the production, storage, distribution, wholesale purchase and sale of blended marine fuel oil for cargo and fishing vessels in Northern China, today announced that it has hired RedChip Companies, Inc. to lead its public and investor relations outreach programs.
Mr. An Fengbin, Chairman and Chief Executive Officer of Andatee China Marine Fuel Services Corp., stated: "We chose RedChip Companies due to its experience with investor and public relations programs for emerging growth companies. RedChip has proved itself by successfully increasing the visibility of other public companies and helping position them in strong international markets with best-in-class products and services. We are certain that RedChip will bring an unmatched level of professionalism to our team, helping us build strong and lasting relationships with investors."
Dave Gentry, President and Chief Executive Officer of RedChip Companies, Inc., said: "We are very excited for the opportunity to represent Andatee China Marine, a China-based marine fuel services company that announced its IPO in January. The Company enjoys strong growth and is poised to increase its production of blended marine fuel oil for cargo and fishing vessels in Northern China. We look forward to introducing Andatee to RedChip's investor network as we launch a comprehensive investor relations program."
About Andatee China Marine Fuel Services
Andatee China Marine Fuel Services Corporation is a leading independent operator engaged in the production, storage, distribution, wholesale purchase and sale of blended marine fuel oil for cargo and fishing vessels in Northern China. Headquartered in the City of Dalian, a key international shipping hub and an international logistics center in Northern China, Andatee maintains operations in Liaoning, Shandong and Zhejiang Provinces in the People's Republic of China.
Andatee provides customers with value-added benefits, including single- supplier convenience, competitive pricing, logistical support and fuel quality control. Its products are substitutes for diesel used throughout east China fishing industry. Backed by core facilities, such as storage tanks, marine fuel pumps, blending facilities and berths (the space allotted to a vessel at the wharf), its sales network covers major depots along Dandong city (Liaoning province) and the towns of Shidao (Shandong province) and Shipu (Zhejiang province) along the east coast of China.
About RedChip Companies, Inc.
RedChip Companies is an international, small-cap research and financial public relations firm headquartered in Orlando, Florida; with affiliate offices in Qingdao and Beijing, China; Paris, France; and Seoul, Korea. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research(TM), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Small-Cap TV(TM), Shareholder Intelligence, Social Media and Blogging Services, Webcasts, and RedChip Radio(TM). To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp .
Safe Harbor - Forward-Looking Statements
This press release includes statements that may constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Andatee China Marine Fuel Services Corporation may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission on forms 10-K, 10-Q and 8-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward- looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, the Company's limited history of operations, concentrated sales, cyclical nature of the petroleum and related markets, government controls and regulations in the petroleum and related industry, currency exchange controls, suppliers of raw materials to the Company, as well as various risks related to the Company's corporate structure and doing business in the PRC, and other risks outlined in the Company's filings with the U.S. Securities and Exchange Commission, including its registration statements on Forms S-1, as amended. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For more information, please contact: Company Contact: Mr. Wen Tong Chief Financial Officer Andatee China Marine Fuel Services Corporation Tel: +86-411-8360-4683 Email: [email protected] Web: http://www.andatee.com Investor Relations: RedChip Companies, Inc. Jon Cunningham Tel: +1-800-733-2447 x107 Email: [email protected] Web: http://www.RedChip.com
SOURCE Andatee China Marine Fuel Services Corporation
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