Saturday, April 3, 2010

StockProfiler.US: Small Cap Stocks in the News: Patient Safety Technologies, Inc. & Golden Dragon Holdings, Inc.



NEWTOWN, Pa., April 1, 2010 -- Patient Safety Technologies, Inc. (OTCBB: PSTX) announced record quarterly and annual revenues for the quarter and year ended December 31, 2009.

Patient Safety Technologies, Inc. closed at $1.20 Thursday, trading 29,064 shares.

Patient Safety Technologies, Inc. Reports Record Fourth Quarter and 2009 Year End Results

About Patient Safety Technologies, Inc.

Patient Safety Technologies, Inc., through its wholly owned operating subsidiary SurgiCount Medical, Inc., provides the Safety-Sponge® System, a system designed to improve the standard of patient care and reduce healthcare costs by preventing the occurrence of surgical sponges and other foreign objects from being left inside patients after surgery. Retained foreign objects are among one of the most common surgical errors.

For more information, contact Patient Safety Technologies, Inc. at (215) 579-PSTX, or visit www.surgicountmedical.com.

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BEIJING and MIAMI, April 1, 2010 -- Golden Dragon Holdings, Inc. (Other OTC: GDHI), an international food and beverage distributor specializing in the distribution of US and International food & beverage brands to the Chinese market, today announces that its continuance growth and expansion of convenience stores in Beijing has just reached 400 supply chain customers.

Golden Dragon Holdings, Inc. closed at $0.0018 Wednesday, trading 11,813,461 shares.

Golden Dragon Holdings, Inc. Continues Strong Growth and Expansion During 1st Quarter End 2010

About Golden Dragon Holdings, Inc.

Golden Dragon Holdings, Inc. owns and operates Golden Dragon Food & Beverage Import & Export Company of Hong Kong, Ltd. in central Hong Kong and Beijing Jin Long Fei International Trading Co., Ltd in China. Golden Dragon Holdings, Inc. has agreements with U.S. food manufacturers. GDHI acts as a buying agent for its subsidiaries, negotiating vendor contracts and services with U.S. food and beverage industry partners. The Hong Kong Company plays a strategic role in the importation of products into the Chinese market by leveraging the Closer Economic Partnership Arrangement (CEPA) with China. Through this arrangement, Beijing Jin Long Fei International Trading Co., Ltd distributes some of the most popular U.S. food and beverage brand products directly into the hypermarkets, supermarkets and convenience stores in China. The Company is responsible for order fulfillment for its clients in China, as well as providing advertising and promotion (A&P) services for its U.S. food and beverage products.

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Please Note: All news contained herein has been previously issued by the companies mentioned in this release, and is the property of each company, respectively. All news is edited for content. The companies that are discussed in this opinion have not approved the statements made in this opinion.

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