SOURCE: Linkwell Corporation

May 21, 2007 07:30 ET

Linkwell Corporation Reports Record Revenues of $2,845,832 and EPS of $.01 for the First Quarter of 2007

Revenues up 52% and Earnings up 145% From the Same Period in 2006

SHANGAHI, CHINA -- (MARKET WIRE) -- May 21, 2007 -- Linkwell Corporation (OTCBB: LWLL), a leading developer, manufacturer and distributor of healthcare related disinfectants in China, today announced its financial results for the first quarter ended March 31, 2007.

The Company recorded record revenues of $2,845,832 for the first quarter ended March 31, 2007, representing an approximately 52% increase from the $1,868,526 recorded in the first quarter of 2006. Gross profit for the first quarter ended March 31, 2007 was $992,712, representing an approximately 55% increase from gross profit of $641,078 in the first quarter of 2006. Net income for the first quarter of 2007 was $496,571 or $0.01 earnings per share, representing an approximately 145% increase from net income of $201,940 or $0.00 for the same period of 2006.

As of March 31, 2007, the total assets increased to $7,874,090 as compared to $6,944,492 at December 31, 2006. Shareholder equity as of March 31, 2007 increased by 24% to $4,887,941, up from $3,944,898 as of December 31, 2006.

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 that our sales efforts and marketing plan have achieved these record results for our shareholders. Moving through the rest of 2007, we intend to continue to develop and market our leading brands as well as further expand our channels of distribution. We continue to actively seek strategic partnerships with multinational companies to leverage our resources and distribution capabilities and anticipate near term success in our efforts. Our management team continues to identify further areas for cost savings throughout our business, and we continue to pursue acquisitions that will extend our distribution network or complement our current business. We are committed to maintaining our leadership status as an innovator in the healthcare related disinfectant industry in China. We believe our initiatives in 2007 will continue to enhance our performance and expand our presence in the marketplace. Our results only add to our commitment to do better and exploit our current opportunities and we will continue to work aggressively to maximize our financial performance for our shareholders. We anticipate 2007 to be our best performing year to date as we continue to see strong momentum in our sales pipeline."

About Linkwell Corporation

Linkwell Corporation develops, manufactures, and distributes disinfectant healthcare products in China through its 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. For more info about the company, please visit http://www.linkwell.us

Safe Harbor Statement

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations or beliefs, including, but not limited to, statements concerning the Company's operations, financial performance and, condition. For this purpose, statements that are not statements of historical fact may be deemed to be forward-looking statements. The Company cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, but not limited to, the impact of competitive products, pricing and new technology; changes in consumer preferences and tastes; and effectiveness of marketing; changes in laws and regulations; fluctuations in costs of production, and other factors as those discussed in the Company's reports filed with the Securities and Exchange Commission from time to time. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

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