China Kangtai Cactus Biotech Announces Preliminary FY 2009 Results and Forecasts FY 2010 Guidance

HARBIN, China--(BUSINESS WIRE)--China Kangtai Cactus Biotech Inc. (OTCBB: CKGT), a vertically integrated grower, developer, manufacturer and marketer of a variety of cactus-based products in China, announced today preliminary unaudited revenue results for the full year 2009. The audit of the Company's consolidated financial statements as of and for the year ended December 31, 2009 has not been completed and changes may result during the completion of the Company's audit.

For the full year, the Company believes reported revenue will be approximately $25.8 million, up 27% from $20.3 million in year 2008, attributable to strong sales of its new products, including, cactus-based low and zero nicotine cigarettes and cactus-based “green” animal feed.

Financial Outlook

Based on continued strong demand for existing and new clients, the company is targeting its revenue for the full year 2010 to be approximately $34.8 million, up 35% from approximately $25.8 million in year 2009.

The above statements regarding forecast are forward-looking and actual results may differ materially. These are the company’s targets and not predictions of actual performance.

The Company anticipates reporting its fourth quarter and full fiscal year 2009 results by March 31, 2010. More information on the Company's financial results will be provided at that time.

About China Kangtai Cactus Biotech, Inc.

China Kangtai Cactus Biotech, Inc. is a leading grower, developer, producer, and marketer of cactus-derived products, including nutraceuticals, nutritious food, health and energy drinks, beer, wine and liquor, extracts and powders, and animal feed. China Kangtai controls over 387 acres of plants and maintains an active R&D group that holds 18 product patents and is seeking another 12. China Kangtai's high-quality “green” products are sold throughout China via a distribution network that covers 12 of China's 23 provinces and two of China's four municipalities. More information may be found at http://www.biocactus.com or via e-mail: [e-mail].

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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.