Polo Biology Global Group Corporation
TSX VENTURE : PGG

Polo Biology Global Group Corporation

November 20, 2009 16:00 ET

Polo Biology Global Group Corporation Board Appointments

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 20, 2009) -

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Polo Biology Global Group Corporation ("Polo" or the "Company") (TSX VENTURE:PGG) today announced the appointment of Dr. Jeff Zheng and Mr. John Morita as new independent directors of the Company. Both Dr. Zheng and Mr. Morita have also been appointed as independent members of the Company's Audit, Compensation, and Corporate Governance and Nominating Committees.

Dr. Zheng was a Founding Director and President of Aquasol Environtech Ltd. from August 2000 to July 2008, and has been an independent director of Cantronic Systems Inc. (CTS.V) since March 2005. Dr. Zheng was a director and CFO of Goldstrike Inc., a junior mining company, listed on the OTCBB ("GTSK"), from 2004 to 2006, a consultant of Minco Silver Corporation, a mining company listed on the TSX ("MSV"), and also President and CFO of Bralorne Mining Corp., listed on the OTCBB ("BLNM"). Dr. Zheng has been involved with the public listing, management and financing of these companies.

In 2004, Dr. Zheng founded Overseas Public Inc., a consulting firm that guides companies from the private to public sector in North America through initial public offerings or reverse take-overs. Dr. Zheng has served as the Company's Chairman and CEO since its inception.

Dr. Zheng received his doctorate degree in physics from Flinders University of South Australia in 1990. From 1991 to 2000, he worked as a senior Research Associate at the University of British Columbia in Vancouver, Canada. Dr. Zheng has also served as an Adjunct Professor at Tsinghua University in Beijing, and China University of Science and Technology. He is an Overseas Advisor to the China Association of Science and Technology (CAST), President of Canada China Economy and Technology Centre, Vice President of the Canada-China Business Association, and a Senior Advisor to the Dalian High-Technology Industrial Zone in Dalian City, China.

Mr. Morita has been a professional accountant for over 35 years and is a member of the Certified General Accountants Association of B.C. For the past twenty years, Mr. Morita has been a management consultant, advising on income tax issues, personal financial matters and has held a variety of senior positions as a director, VP of Finance, CFO and Corporate Secretary with various public companies listed on the TSX Venture Exchange, Canadian National Stock Exchange (CNSX) and the OTCBB He has been involved with mergers and acquisitions, reverse take-overs, and the restructuring and reorganizing of public companies as well as private companies. Mr. Morita is currently the CFO of Urastar Energy Inc., Maxtech Ventures Inc., Interra Exploration Inc. and Golden Cross Resources Mr. Morita also serves on the Board of Directors of Urastar Energy Inc., Interra Exploration Inc., and Desert Gold Ventures Inc..

"I would like to welcome Dr. Zheng and Mr. Morita to Polo's Board of Directors and look forward to working with them in building a bright future for the Company," said Polo Wu, Chairman of Polo Biology Group.

About Polo Biology Global Group Corporation

The Company, through its operating subsidiaries in China, develops, manufactures and distributes health supplements, personal and homecare products across China under the Polo brand. The Company currently distributes its products through Polo Biology, which manages a network of retail outlets operated by its franchisees.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Polo Biology Global Group Corporation
    Paul Wu
    Chief Executive Officer
    (604) 609-6155
    info@pbggc.com