Origin Agritech Limited (NASDAQ: SEED) ("Origin") today announced that Dr. Richard Propper will present at the Roth Capital Partners 2006 New York Conference on Wednesday, September 6, 2006 at 2:30 PM Eastern Time. The conference is being held at the Westin New York Hotel in Times Square.
The presentation will also be broadcast live over the Internet via http://www.wsw.com/webcast/roth8/seed/. To listen to the live webcast, go to the website at least 15 minutes early to register, download and install any necessary audio software. A replay of the webcast will be available for 90 days at the above web address.
Founded in 1997, Origin specializes in the research, development, production, sale and distribution of hybrid corn, rice and cotton seeds in China. The Company owns or leases facilities in, among other locations, Beijing, Gansu, Henan, Helongjiang, Liaoning, Jilin, Hainan and Sichuan provinces, and also has an office in San Diego, CA. Origin launched its first entirely internally developed seed in 2003 and in 2004 introduced two new proprietary corn hybrids to the market. In 2005 Origin had three new proprietary corn hybrids and one new proprietary cotton hybrid approved by the government registration office in China. Origin anticipates that it will introduce close to 49 new proprietary products into the Chinese government testing and approval cycle in 2006.
FORWARD LOOKING STATEMENT
Any forward looking statements contained in the press release or in the above mentioned presentation may fall within the definition of "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward looking statements are statements that are not historical facts. Such forward-looking statements, based upon the current beliefs and expectations of Origin's management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: adjustments made in connection with the completion of Origin's audit for the year ending on June 30, 2006; business conditions in China; weather and natural disasters; changing interpretations of generally accepted accounting principles; outcomes of government reviews; inquiries and investigations and related litigation; continued compliance with government regulations; legislation or regulatory environments, requirements or changes adversely affecting the businesses in which Origin is engaged; fluctuations in customer demand; management of rapid growth; intensity of competition from other providers of seed products; timing approval and market acceptance of new products introduction; general economic conditions; geopolitical events and regulatory changes, as well as other relevant risks detailed in Origin's filings with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Origin assumes no obligation to update the information contained in this press release, the above mentioned presentation, or filings.