Asia Cork Completes New Factory to Expand Production

XI'AN, China--(BUSINESS WIRE)--Asia Cork Inc. (OTCBB: AKRK.OB), a leading manufacturer of cork-based environmentally-friendly building materials for the Chinese and international building industry, today announced that the company has completed the construction of a new factory and has begun installing and testing production equipment. The company expects the new factory will become operational by the end of this year.

The new facility will utilize the company’s advanced patented technologies to primarily produce interlocking cork floorboards. Compared to traditional floorboards, Asia Cork’s self-locking floorboards can be installed without glue or other installation products, making its installation (i) environmentally friendly and (ii) easier and more convenient for consumers.

Asia Cork CEO Pengcheng Chen said, “We are adjusting our product mix to produce a higher ratio of high margin products represented by our new interlocking floorboards. This state-of-the-art factory is the fulfillment of our goal to increase production capacity to meet strong demand from customers. This enables us to make important advances in growing market share for our products.”

About Asia Cork Inc.

Located in Xi’an, China, Asia Cork, Inc. is a rapidly growing leader in the development, manufacturing and marketing of cork-based building materials. Cork is a ‘green’ renewable resource harvested only from the bark of the cork oak tree, thus leaving forests generally undamaged. The company’s product lines include raw cork materials, semi-finished cork and finished cork products such as cork floorboards and cork wallboards. Approximately 75% of the company’s products are sold within China and the rest are sold overseas to customers in the United States, Germany, Japan and India. The company currently capitalizes on six technological patents, to which the company has exclusive rights. The company operates in China under the Xi’an Hanxin brand. More information may be found at http://www.hxrm.com.

An investment profile on Asia Cork, Inc. may be found at http://www.hawkassociates.com/profile/akrk.cfm. For an online investor relations kit, visit http://www.hawkassociates.com or http://www.americanmicrocaps.com. For more investor-related questions, contact Frank Hawkins, Hawk Associates, at 305-451-1888, e-mail: Asia.cork@hawkassociates.com. To subscribe to future releases via e-mail alert, visit http://www.hawkassociates.com/about/alert/.

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in reports filed by the company with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

For Asia Cork Inc.
Hawk Associates
Frank Hawkins, 305-451-1888
Asia.cork@hawkassociates.com