Ossen Innovation Awarded Title of 'Outstanding Foreign-Invested Enterprise'
SHANGHAI, Feb. 21, 2014
SHANGHAI, Feb. 21, 2014 /PRNewswire-FirstCall/ -- Ossen Innovation Co., Ltd.
("Ossen" or the "Company") (Nasdaq: OSN), a China-based manufacturer of an
array of plain surface, rare earth and zinc coated pre-stressed steel
materials, today announced that the Company was recently awarded the national
title of 'outstanding foreign-invested enterprise.' This prestigious
recognition is awarded by the China Association of Enterprises with Foreign
Investment, a division of the Ministry of Commerce of the PRC.
Separately, Ossen's two new products, 15.24 mm 1860 MPa coated steel strand
and 7.0 mm 1670 MPa high performance zinc coated steel wire, received key new
products identification from the Jiangxi Provincial Department of Science and
"We are very pleased to be honored again with this important national title,"
said Dr. Liang Tang, Chairman of Ossen Innovation. "This award is further
confirmation of our high quality, leading edge and durable products. I am
proud of our R&D team who continue to develop innovative product solutions for
infrastructure projects throughout China," concluded Dr. Tang.
About Ossen Innovation Co., Ltd.
Ossen Innovation Co., Ltd. manufactures and sells a wide variety of plain
surface pre-stressed steel materials and rare earth coated and zinc coated
pre-stressed steel materials. The Company's products are mainly used in the
construction of bridges, as well as in highways and other infrastructure
projects. Ossen has two manufacturing facilities located in Maanshan, Anhui
Province, and Jiujiang, Jiangxi Province.
Safe Harbor Statements
This press release may contain forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended, and as defined in the U.S.
Private Securities Litigation Reform Act of 1995. These forward-looking
statements involve inherent risks and uncertainties that could cause actual
results to differ materially from those projected or anticipated, including
risks outlined in the Company's public filings with the Securities and
Exchange Commission, including the Company's annual report on Form 20-F. All
information provided in this press release is as of the date hereof. Except as
required by law, the Company undertakes no obligation to update or revise
publicly any forward-looking statements, whether as a result of new
information, future events or otherwise, after the date on which the
statements are made or to reflect the occurrence of unanticipated events.
For more information, please contact:
Ossen Innovation Co., Ltd.
Feng Peng, Chief Financial Officer
Phone: +86 (21) 6888-8886
FCC Group LLC
SOURCE Ossen Innovation Co., Ltd.
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