SOURCE: Linkwell Corporation

November 16, 2006 08:00 ET

Linkwell Corporation Announces Record Sales and Earnings for the Third Quarter, EPS at $0.01 per Share

SHANGAHI, CHINA -- (MARKET WIRE) -- November 16, 2006 -- Linkwell Corporation (OTCBB: LWLL), a leading developer, manufacturer and distributor of healthcare related disinfectants in China, today announced its financial results for the third quarter ended September 30, 2006.

The Company recorded revenues of approximately $1.9 million for the third quarter of 2006; a 13% increase from $1.68 million recorded for the third quarter of 2005. Income from operations increased to approximately $540,822 for the third quarter of 2006, a 74% increase over $311,275 in operating income reported for the third quarter of 2005. Net Income increased to $ $332,520 or EPS at $0.01 per share for the third quarter of 2006, compared to a loss of $81,781for the third quarter of 2005. Without non-cash charges associated with stock-based compensation, dividend and penalty charge, the company would have made approximately $576,000 in net income for the third quarter of 2006. The shareholders equity increased to approximately $3.7 million. For more details about Linkwell's financial performance, please review the 10-QSB filed with the United States Securities and Exchange Commission.

Linkwell's Chairman and CEO, Xuelian Bian, stated, "We are pleased with our record operating performance in the third quarter of 2006. Our new exporting division begins operations in the fourth quarter. We should have even stronger year end than previously expected. We expect to achieve record revenues and earnings for the fiscal year ended December 31, 2006."

About Linkwell Corporation

Linkwell Corporation develops, manufactures, and distributes disinfectant healthcare products in China through its 90% owned subsidiary Shanghai Likang Disinfectant High Tech Company ("Likang"). Linkwell's disinfectant healthcare products are a nationally recognized domestic Chinese brand in this market segment. Linkwell products include disinfectants in liquid, tablet, powder and aerosol form. Through Likang, Linkwell has a national marketing and sales presence throughout all 22 provinces, 5 autonomous regions, and 4 special municipalities of China. All inventory and order fulfillment is carried out of a 21,500 square foot facility in Shanghai's Jiading district. For more info about the company, please visit

Safe Harbor Statement

Certain of the statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "forecast," "anticipate," "plan," or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties and risks, including those relating to the Company's ability to grow its business. More information about the potential factors that could affect the Company's business and financial results is included in the Company's filings, available via the United States Securities and Exchange Commission.

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