CHENGDU, CHINA--(Marketwire - January 28, 2008) - On January 25, 2008, VISCORP, INC. (“VisCorp”) (OTCBB: VSCO), completed an additional private equity financing of $5,000,000 with two accredited investors for a total raise of $15,225,000, including the $10,225,000 financing VisCorp completed on January 16, 2008. The Company previously announced that it had acquired all of the issued and outstanding capital stock of Raygere Limited, a company organized under the laws of the British Virgin Islands and Raygere’s shareholders. Raygere conducts its business through Chengdu Tianyin Pharmaceutical Co., LTD. (“Tianyin”), a corporation organized in the People’s Republic of China, which develops, manufactures, markets and sells traditional Chinese medicines and other pharmaceuticals in China. Net proceeds from the offering are approximately $13,700,000 and will be used principally to fund the expansion of Chengdu Tianyin’s manufacturing facility located in Chengdu. TriPoint Global Equities, LLC was the placement agent for the financing.
