Tibet Pharmaceuticals to Host Second Quarter 2011 Earnings Conference Call on August 16, 2011 at 9:00 am Eastern
Management Team to Discuss Tibet Pharmaceuticals' Financial Performance in the Second Quarter 2011, and Growth Potential in China's Expanding Traditional Medicine Market
SHANGRI-LA COUNTY, China, Aug. 11, 2011 /PRNewswire/ -- Tibet Pharmaceuticals, Inc. (NASDAQ: TBET), an emerging specialty pharmaceutical company engaged in the development, manufacturing and marketing of traditional Tibetan medicine in China, will host a conference call on Tuesday, August 16 at 9:00 am Eastern to discuss its financial results for the second quarter ended June 30, 2011. Tibet's Form 10-Q and corresponding earnings release are expected to be filed on August 15, 2011.
"We look forward to discussing our second quarter financial performance during our upcoming conference call," said Hong Yu, CEO and Chairman of Tibet Pharmaceuticals. "Tibet has consistently delivered strong revenue and earnings growth, and we believe this trend is set to continue for fiscal 2011 as we pursue our organic growth and accretive acquisition strategy."
The teleconference can be accessed by dialing 877-407-0778 when calling within the United States or 201-689-8565 when calling internationally. Please dial in 10 minutes prior to the beginning of the call. There will be a playback available until September 15, 2011. To listen to the playback dial 877-660-6853 when calling within the United States, or 201-612-7415 when calling internationally and use account number: 286, in conjunction with replay ID number: 377516.
The conference call will be simultaneously webcast and available on the company's website, www.tibetpharmaceuticals.com, under the "Resources" tab of the "Investor Center" section.
About Tibet Pharmaceuticals, Inc.
Based in Shangri-La County, Yunnan Province, China, Tibet Pharmaceuticals, Inc. (NASDAQ: TBET) is a rapidly growing specialty pharmaceutical company engaged in the research, development, manufacturing and marketing of modernized traditional Tibetan medicines in China. With over 190 employees and nation-wide distributors, the company develops both prescription and over-the-counter traditional Tibetan medicines that promote health in human respiratory, digestive, urinary and reproductive systems. Tibet Pharmaceuticals' products are sold throughout China, with a majority of sales concentrated in the southern provinces, most notably Yunnan Province, where the company's 52,000 sq. ft. GMP-certified manufacturing facilities are located. The access to key raw materials, not generally available outside the province, provides a significant advantage for Tibet Pharmaceuticals.
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Forward-Looking Statements
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. Specifically, references herein to contemplated growth in company revenues and/or earnings are forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in reports filed by the company with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Financial Communications Contact:
Trilogy Capital Partners - Asia
Darren Minton, President
Toll-free: 800-592-6067
[email protected]
SOURCE Tibet Pharmaceuticals, Inc.
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