July 06, 2006 10:24 ET

(OTC: TEDG) Board Has Approved for Its New Name as China Biopharma Inc.

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit

LAKE HARMONY, PA -- (MARKET WIRE) -- July 6, 2006 -- Techedge Inc. (OTCBB: TEDG) announced that its board of directors has unanimously approved to change its name to the new name as China Biopharma Inc.

"We have finally transitioned our old business operation to the biopharmaceutical business operation in China. It is a right time to change our name. This proposed new name would be more accurately reflect our current business operation, as we are a leading developer, producer and distributor of vaccine products in China. We are ready to distribute flu vaccines as the flu season in China is fast approaching," Peter Wang, CEO of Techedge Inc. stated.

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Other active stocks are Millicom International Cellular S.A. (NASDAQ: MICC), Helen of Troy Limited (NASDAQ: HELE) and Lifecore Biomedical, Inc. (NASDAQ: LCBM).

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