NEW YORK and HARBIN, China, Jan. 12, 2011 (GLOBE NEWSWIRE) -- American Jianye Greentech Holdings, Ltd. (OTCBB:AJGH), a leading developer, manufacturer and distributor of alcohol-based automobile fuel and civil-use fuel in China, today announced that it has posted its investor presentation along with an audio recording on the Investor Roadshow website (), an online portal for connecting investors with executives of publicly traded companies.
Mr. Haipeng Wang, Chairman and Chief Executive Officer, commented, "We are pleased to host our investor presentation on the Investor Roadshow website as we prepare for the next phase of our growth, including two major fuel production facilities expected to come online in 2011 that can significantly enhance our market position. The availability of our presentation will also help with our goal of increasing transparency and raising awareness of American Jianye within the U.S. capital markets."
"We remain encouraged by the near and long-term outlook for the business. Specifically, we are confident in achieving our prior guidance of over $90 million revenue and net income of at least $9.0 million or $0.29 per share for 2010. Moreover, we believe our near-term goal of $150 million revenue within 1-2 years, with net profit margins of at least 10% is very achievable. We look forward to keeping investors updated on our progress."
About Investor Roadshow
Investor Roadshow brings the experience of attending a one-on-one meeting or group presentation with corporate management direct to your home or office. For qualified institutions and individual investors, a live one-on-one virtual meeting can be arranged through the site that suits investors busy schedules, complete with Q&A. Investors can also utilize the site to request additional information from the featured companies. The proprietary Investor Roadshow technology, powered by Equisolve, seamlessly integrates with the company's own IR website.
About American Jianye Greentech Holdings
American Jianye Greentech Holdings, headquartered in Harbin, China, is a leading developer, manufacturer and distributor of alcohol-based fuel. The company's alcohol-based fuels burn with higher efficiency and significantly lower toxic waste emissions than unleaded gasoline. The unique combination of catalysts in the fuel enhance fuel octane rating and engine power, inhibit the premature oxidation of the fuel, help remove sediment in the carburetor, and prevent the erosion of the engine cylinder surface. Additional information about the company is available at: .
This press release contains certain "forward-looking statements" relating to the business of the Company. These forward looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website ( www.sec.gov ). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
CONTACT: John Quirk InvestorRoadshow.com Tel: (516) 450-3119