ALDA Pharmaceuticals Corporation’s Agent Completes Pilot Production and Initiates Sales in China

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 29, 2008) - ALDA Pharmaceuticals Corp. (TSX VENTURE:APH) (“ALDA”) announces that He-Yi She Ye Limited (“He-Yi”), ALDA’s agent in China has completed pilot production of ALDA’s T36® Disinfectant in the City of Fu Zhou, Fu Jian Province. He-Yi has initiated delivery of products for the previously announced contracts in advance of the Beijing Olympics. The total sales potential of the four contracts already in place is 13.6 Million RMB or nearly CDN $2 million at the current exchange rate.

MORE ON THIS TOPIC