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Huifeng Bio-Pharmaceutical (HFGB) Announces USD $1.1 Million Supply Agreement with DNP International Co. Inc.

2008-08-11 07:30:00

Huifeng Bio-Pharmaceutical (HFGB) Announces USD $1.1 Million Supply Agreement with DNP International Co. Inc.

    XI'AN, China, Aug. 11 /Xinhua-EMWNews/ -- Huifeng

Bio-Pharmaceutical Technology, Inc (OTC Bulletin Board: HFGB), a leading

developer and producer of plant extracts and pharmaceutical raw materials

for use in pharmaceutical, nutraceutical and food production, today

announced that it has signed a major supply agreement with DNP

International Co., Inc. of Santa Fe Springs, CA.



    Under the terms of the agreement Huifeng is to deliver 62 metric tons

of Glucuronolactone, a naturally occurring chemical compound which has

become a popular additive to energy drinks, over the next six months to

DNP. The total dollar amount of the contract is in excess of USD $1.1

Million.



    Huifeng anticipates signing additional bi-annual contracts with DNP

upon successful completion of the first agreement.



    ''Our agreement with DNP further demonstrates the increasing

international acceptance of Huifeng products. With quality and consistency

as our hallmarks, we are now becoming recognized by major US corporations

for the quality and consistency of the products we develop and

manufacture,'' stated company CEO Jing'An Wang. ''We are pleased to be

making further inroads into the US market and hope to sign similar supply

agreements with DNP and other US entities in the near future.''



    About Glucuronolactone



    Glucuronolactone is a naturally occurring chemical compound produced by

the metabolism of glucose in the human liver. It is an important structural

component of nearly all connective tissues. The most common usage for

Glucuronolactone is in many energy drinks. Because most of these drinks

also contain caffeine, Glucuronolactone is included because it is purported

to fight fatigue and provide a sense of well-being. According to "The Merck

Index" (14th edition) it is also used as detoxicant. (From Wikipedia)



    About DNP International



    DNP International imports and distributes raw material ingredients to

manufacturers in the nutritional supplements, food, beverage, feed,

cosmetics and pharmaceutical industries. Founded in 1994, DNP is one of the

largest suppliers of raw materials in the United States and sources over

2,500 different ingredients. http://www.dnpint.com/



    About Huifeng Bio-Pharmaceutical Technology, Inc. (HFGB)



    Huifeng Bio-Pharmaceutical Technology, Inc., located in Xi'an, People's

Republic of China, develops and produces plant extracts and pharmaceutical

raw materials for use in pharmaceutical, nutraceutical and food production.

It is the leading Chinese producer of rutin and related plant-derived

chemicals in a class called flavonoids, with medicinal and other beneficial

properties. Founded in 2002, Huifeng uses proprietary patented processes to

extract rutin more efficiently than traditional extraction techniques. The

Company is diversifying its product lines through internal development,

acquisition and cooperation with scientific research organizations.

http://www.hfgb.cn/




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Blake Masterson

Freelance Writer, Journalist and Father of 5

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