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Shandong Zhouyuan Seed and Nursery Co., Ltd. Signed Sale and Distribution Agreement on New Wheat Seed Seeking Opportunities in Jiangsu Market

LAIZHOU, China, Aug. 10 /Xinhua-PRNewswire/ -- Shandong Zhouyuan Seed and Nursery Co., Ltd. (OTC Bulletin Board: SZSN) ('SZSN' or 'Parent Corporation') which is incorporated in the State of Delaware, announced that its operating subsidiary company in China, Shandong Zhouyuan Seed and Nursery Co., Ltd. ('Zhouyuan' or 'the Company'), had signed a research and development agreement with Sihong Feng Tian Seeds Co., Ltd. ('Feng Tian') to jointly accelerate the application and promotion of new wheat seed -- 'Zhouyuan 187' in Jiangsu province, China P.R.C. It is expected that the final products will enhance the wheat production in Jiangsu due to the new application of this new seed.

According to the agreement, once this kind of seed is successfully approved and validated by Jiangsu's relevant government departments, Zhouyuan will provide original 'Zhouyuan 187' seeds to Feng Tian, and Feng Tian will be fully authorized to produce and sell the seeds in Huaian and Suqian county in Jiangsu. Mr. Wang Zhigang, President of SZSN said, 'In fact, we are generating more products performance data prior to advancement and commercialization decisions than ever before. We hope this agreement and any other similar agreements with more and more distribution and sales networks to rapidly turn our researches effort into applications.'

Through this cooperation, Zhouyuan seeks to accelerate the development of new and improved products, enabling technologies, giving growers the tools they need to meet the rapid growth in demand for wheat. Mr. Wang further explains that the vast majority of new product releases and promotion for next year will carry what are becoming the essential researches into commercialization. 'For Wheat growers, it means they'll have better wheat seed choices for the 2008 growing season there.'

About Shandong Zhouyuan Seed and Nursery Co., Ltd.
Shandong Zhouyuan Seed and Nursery Co., Ltd. (SZSN) is a large-sized hi- tech corporation, which is incorporated in the State of Delaware under the laws of United States. SZSN, through its operating subsidiary, Shandong Zhouyuan Seed and Nursery Co., Ltd. ('Zhouyuan'), to grow, produce and market the seeds with high starch content for use in industrial food production in China. Zhouyuan was organized in 2001 in China under the laws of the People's Republic of China, which is located in Laizhou, Shandong province. Its business covers the agriculture seeds development and distribution over more than twenty provinces in China. Now Zhouyuan ranks as one of the top three seed producers in the Laizhou District, which is known as the 'Seed Valley of China.'

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A number of statements referenced in this Press Release, and in our website, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be 'forward-looking statements.' Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this Release may be identified through the use of words such as 'expects,' 'will,' 'anticipates,' 'estimates,' 'believes,' or statements indicating certain actions 'may,' 'could,' or 'might' occur. Such statements reflect the current views of Shandong Zhouyuan Seed and Nursery Co., Ltd. with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.

Shandong Zhouyuan Seed and Nursery Co., Ltd. does not undertake any responsibility to update the 'forward-looking' statements contained in this news release.

SOURCE Shandong Zhouyuan Seed and Nursery Co., Ltd.