CybeRelease: (OTC: TEDG) Signs Letter of Intent to Acquire China BioPharma Limited
(CybeRelease.com, February 13, 2006) - Lake Harmony, PA - Techedge, Inc. (OTC BB: TEDG) announced that it has signed a Letter of Intent to acquire China BioPharma Limited, a Cayman Island company, which has the rights to have majority ownership in one of the largest non-government owned vaccine manufactures in China.
“We are very excited about this potential acquisition. With the largest population in the world, the demand for vaccines of epidemic and common diseases is growing significantly in China. This is the first major step since we’ve recently repositioned our business and strategy to focus at opportunities in the fast growing bio-pharmaceutical, information, and media sectors in China,” stated Peter Wang, President and CEO of Techedge.
For more information, go to http://www.cyberelease.com/tedg21306.htm.
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