updated 4/11/2011 8:16:52 AM ET 2011-04-11T12:16:52

LONGKOU, China, April 11, 2011 (GLOBE NEWSWIRE) -- New Dragon Asia Corp. (NYSE Amex:NWD) ("NWD" or "Company"), one of China's leading producers of instant noodles, flour-related products and soybean derived products, today announced that it intends to hold its annual meeting of shareholders on May 13, 2011 at 9:00 a.m. (New York time), at the offices of Loeb & Loeb LLP, the Company's counsel, located at 345 Park Avenue, New York, New York. Shareholders of record on March 23, 2011 will be eligible to vote at the annual stockholders' meeting.  The Company has filed its 10-K for the year ended December 25, 2010 and Proxy Statement with the Securities & Exchange Commission where they can be viewed on-line. The Company anticipates mailing proxy materials for the annual meeting on or about April 13.

If you have any questions relating to the stockholders meeting, voting your shares, or need to request additional proxy materials, you may call our proxy solicitation advisors Advantage Proxy toll-free at 1-877-870-8565 or at 206-870-8565 between the hours of 9:00 a.m. and 9:00 p.m. Eastern Time, Monday through Friday. 

About NWD

Headquartered in Shandong Province, PRC, New Dragon Asia Corp. is engaged in the milling, sale and distribution of flour and related products, including instant noodles and soybean-derived products, to retail and wholesale customers throughout China. With a well-known brand name called "Long Feng", the Company markets its well-established product line through a countrywide network of more than 200 key distributors and 16 regional offices in 27 Chinese provinces. New Dragon Asia has eight manufacturing plants in the PRC with an aggregate production capacity of approximately 110,000 tons of flour and approximately 1.1 billion packets of instant noodles and 4,500 tons of soybean powder.

CONTACT:  Advantage Proxy 
          1-877-870-8565 
          206-870-8565

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