IND DAIRYTECH LIMITED APPOINTS DONGDONG HUANG AS A DIRECTOR
June 09 2011 - 5:40PM
PR Newswire (Canada)
VANCOUVER, June 9, 2011 /CNW/ -- VANCOUVER, June 9, 2011 /CNW/ -
IND DairyTech Limited ("IND" or "the Company") (TSXV:IND) is
pleased to announce that Dr. Dongdong Huang has been appointed as a
director of the Company. About IND DairyTech Limited IND, through
its operating subsidiaries, is an emerging raw milk and Holsteins
producer in China that is seeking to become a leading provider of
high quality raw milk and Holsteins to the Chinese dairy industry.
To meet China's increasing demand for dairy products, the Company
is using Canadian cattle genetics and North American farming
practices to establish and develop its dairy herd in China. The
Company plans to develop its herd in China through the use of
advanced breeding techniques employing Canadian Holstein embryos
that it intends to use to impregnate surrogate cows. These embryos
have been created through in vitro fertilization using sexed semen
to achieve an approximate 90% female birth rate. The use of these
advanced breeding techniques is expected to allow the Company to
rapidly expand its herd. The use of Canadian Holstein embryos also
provides a practical solution to China's ban on the import of live
Canadian cattle. Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this news release. FORWARD LOOKING
INFORMATION Certain information set out in this News Release
constitutes forward-looking information, which may include
information relating to estimates of sales and revenue of IND.
Forward-looking statements (often, but not always, identified by
the use of words such as "expect", "may", "could", "anticipate" or
"will" and similar expressions) may describe expectations, opinions
or guidance that are not statements of fact and which may be based
upon information provided by third parties. Forward-looking
statements are based upon the opinions, expectations and estimates
of management of the Company as at the date the statements are made
and are subject to a variety of known and unknown risks and
uncertainties and other factors that could cause actual events or
outcomes to differ materially from those anticipated or implied by
such forward-looking statements. In light of the risks and
uncertainties associated with forward-looking statements, readers
are cautioned not to place undue reliance upon forward-looking
information. Although the Company believes that the expectations
reflected in the forward-looking statements set out in this press
release or incorporated herein by reference are reasonable, it can
give no assurance that such expectations will prove to have been
correct. The forward-looking statements of the Company contained in
this press release, or incorporated herein by reference, are
expressly qualified, in their entirety, by this cautionary
statement. To view this news release in HTML formatting, please use
the following URL:
http://www.newswire.ca/en/releases/archive/June2011/09/c4677.html
table valign="top" border="0" tr valign="top" td align="left" Jesse
Zhubr/ Chief Executive Officerbr/ IND DairyTech Limitedbr/
604-522-1619 /td td align="left" /td td align="left" /td
td align="left" /td td align="left" Selen Zhoubr/ Corporate
Secretarybr/ IND DairyTech Limitedbr/ 604-522-1619 /td /tr /table
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