MEDIA RELEASE PR35253
Excalibur International Marine (49% Owned by EFT BioTech Holdings)
Completes Inaugural Passenger Crossing of Taiwan Strait
CITY OF INDUSTRY, Calif. and HONG KONG, July 1 /PRNewswire-AsiaNet/ --
EFT BioTech Holdings, Inc. (Pink Sheets: EFTB), announced today that
Excalibur's Ocean LaLa has successfully completed its inaugural Taiwan
Strait passenger voyage which has been highlighted in multiple news
articles and internet news sites, including the Taiwan Sun, and the Qatar
Tribune. The article states:
"A Taiwan company launched a cruise service with China on Sunday,
making it the first such cross-strait service in 60 years.
"With a band playing and dragon dance performing on shore, the 2,292-
tonne Ocean LaLa set sail from the Taichung Harbour for Xiamen, China,
carrying 179 passengers and 23 crew.
"The voyage across the Taiwan Strait takes only four-and-a-half-hours,
but it took Taiwan and China 60 years to ease tension and for Taipei to
agree to lift the ban on sea links with the mainland."
The Excalibur International Marine Corp, operator of the cruise
service, said that in the initial stage, the Taichung-Xianmen cruise is an
irregular service chartered by travel agencies.
"Eventually it will become a regular cruise service going not only to
Xiamen, but also to other Chinese ports like Fuzhou and Shanghai," said Han
Chih-yang, Excalibur's deputy.
"We are full of confidence for the future of cross-strait tourism, so
we are seeking to buy two larger ships for launching regular cross-strait
service," he said.
Jack Qin, the President and CEO of EFT BioTech Holdings, stated, "We
are excited to be recognized by the world press and this article shows that
people are truly interested in this much needed passenger and cargo
service."
About EFT BioTech Holdings, Inc.
EFT BioTech Holdings, Inc. is a Nevada holding company which conducts
its business through its wholly-owned subsidiary, EFT Biotech Holdings,
Inc., and its wholly owned subsidiaries and various vested interests. EFT
BioTech Holdings, Inc. is an e-commerce company serving consumers with
EFT's "made in USA" neutraceuticals, health and beauty EFT branded products
through its proprietary online business platform and website, www.eftb.us.
Although our products are available for sale throughout the world, most
affiliates and consumers are located in China and Hong Kong. The contents
of the Company's website are not incorporated by reference herein.
Safe Harbor for Forward-Looking Statements
Statements made in this release with the respect to the Company's
current plans, estimates, strategies and beliefs and other statements that
are not historical are forward-looking statements. Forward-looking
statements include, but are not limited to, those statements using words
such as "believe," "expect," "plans," "strategy," prospects," "forecast,"
"estimate," "project," "anticipate," "aim," "may" or "might" and words of
similar meaning in connection with a discussion of future operations,
financial performance, events or conditions. From time to time, oral or
written forward-looking statements may also be included in other materials
released to the public. These statements are based on management's
assumptions and belief in light of the information currently available to
it. The company cautions you that a number of important risks and
uncertainties could cause actual results to materially differ from those
discussed in the forward-looking statements, and therefore, you should not
place undue reliance on them. You also should not rely on any obligation of
the Company to update or revise any forward-looking statements, whether as
a result of new information, future events or otherwise. The company
disclaims any such obligation unless required by law. Risks and
uncertainties that might affect the Company include, but are not limited to
(i) the global economic environment in which the Company operates, as well
as the economic conditions in the Company's markets, (ii) levels of
consumer spending, and (iii) exchange rates, particularly between the
Chinese Yen and the U.S. Dollar. Risks and uncertainties also include the
impact of any future events with material adverse impacts.
For More Information, Please Contact:
Aero Strategic Advisory, A division of Aero Financial, Inc.
Ed Carter
Telephone: +1-702-982-7732
SOURCE: EFT BioTech Holdings, Inc.
CONTACT: Ed Carter of Aero Strategic Advisory
A division of Aero Financial, Inc.
+1-702-982-7732
(EFTB)
NEWS 
