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China SHESAYS Opens New Clinics in Leshan and Yibin Cities

September 21, 2010

CHENGDU, China, Sept. 21 /PRNewswire-Asia-FirstCall/ — China SHESAYS
Medical Cosmetology Inc. (OTC Bulletin Board: CSAY) (“China SHESAYS” or the
“Company”), which operates a chain of specialized medical cosmetology
hospitals, clinics and skincare centers in Sichuan province, today announced
that it has recently opened two new outpatient clinics in Leshan and Yibin
cities in Sichuan province.

The Leshan and Yibin clinics, opened on August 18 and August 26
respectively, are both directly operated by the Company’s flagship hospital in
Chengdu and adopt the same procedures as the flagship hospital. The 861-squre-
meter clinic in Leshan and the 822-square-meter clinic in Yibin primarily
provide a range of customized services including medical cosmetology, cosmetic
surgery, cosmetic dentistry, and cosmetic dermatology. The newly opened
clinics adhere to a premium service concept that focuses on minimally invasive
surgery to fully integrate daily cosmetic procedures with medical treatment.

The Company has so far incurred capital expenditures of $1 million in each
of the newly opened clinics and expects to invest an additional $200,000 in
equipment in each clinic in the upcoming year. When operating at full capacity,
the Company expects the Leshan and Yibin clinics to each accommodate 10,000
patients a year.

“We are excited about opening new clinics in additional Tier II cities in
Sichuan province as this represents a first step to roll out our unique chain
of clinics and hospitals, thereby expanding our presence in these
underdeveloped markets,” said Mr. Yixiang Zhang, Chairman and Chief Executive
Officer of China SHESAYS. “The new clinics in Leshan and Yibin, though smaller
than our existing flagship hospital, are expected to contribute a total of
approximately $5 million in revenue and approximately $1.5 million in net
income in fiscal 2011. We look forward to bringing our world-class procedures
and technologies to a broad customer base in these cities, while creating
great opportunities for revenue and profit growth.”

About China SHESAYS Medical Cosmetology Inc.

China SHESAYS, founded in 2005, operates a chain of specialized medical
cosmetology hospitals, clinics and skincare centers in Sichuan province. The
Company has a full range of services including cosmetic surgery, cosmetic
dermatology, cosmetic dentistry, and cosmetic Traditional Chinese Medicine
(“TCM”). Headquartered in Chengdu, China SHESAYS has become one of the fastest
growing cosmetology businesses in China and one of the most renowned
cosmetology hospital chains in Sichuan province. Currently, the Company
receives more than 20,000 patients each year. For more information, contact
CCG Investor Relations or visit China SHESAYS’ website at
http://www.xichan.cn/ .

About CCG Investor Relations

CCG is one of the nation’s leading investor relations and strategic
communications agencies. In business for more than 30 years, the agency
provides a complete range of investor communications and counseling services
to nearly 80 clients across multiple capital markets. CCG has been awarded a
number of industry honors for its handling of complex investor relations and
crisis communications matters. The agency’s corporate headquarters is in Los
Angeles
with offices in New York, Beijing, Shanghai, Hong Kong, Frankfurt and
Tel Aviv. For further information, contact CCG directly, or visit the
Company’s web sites at http://www.ccgir.com and http://www.ccgirasia.com .

Safe Harbor Statements

This press release contains forward-looking statements made under the
“safe harbor” provisions of the U.S. Private Securities Litigation Reform Act
of 1995. Such forward looking statements are based upon the current plans,
estimates and projections of China SHESAYS’ management and are subject to
known and unknown risks and uncertainties, which could cause actual results to
differ materially from the forward looking statements. Such statements include,
but are not limited to, those concerning market and industry segment growth
and demand and acceptance of new and existing products; any projections of
sales, earnings, revenue, margins or other financial items; any statements of
the plans, strategies and objectives of management for future operations; any
statements regarding future economic conditions or performance; uncertainties
related to conducting business in China, as well as all assumptions,
expectations, hopes, beliefs, predictions, and intentions about future events.
Therefore, you should not place undue reliance on these forward-looking
statements. The following factors, among others, could cause actual results to
differ from those set forth in the forward-looking statements: business
conditions in China, general economic conditions; geopolitical events and
regulatory changes, availability of capital, the Company’s ability to maintain
its competitive position as well as other relevant risks, including but not
limited to risks outlined in the Company’s periodic filings with the U.S.
Securities and Exchange Commission. Accordingly, although the Company believes
that the expectations reflected in such forward-looking statements are
reasonable, there can be no assurance that such expectations will prove to be
correct. China SHESAYS does not assume any obligation to update the forward-
looking information contained in this press release.

    For more information, please contact:

    Company Contact:
     Ms. Wenbin Zhu, Chief Financial Officer
     China SHESAYS Medical Cosmetology Inc.
     Tel:   +86-135-1816-1269
     Email: zwb10305@126.com
     Web:   http://www.xichan.cn

    Investor Relations Contact:

    CCG Investor Relations
     Crocker Coulson, President
     Tel:   +1-646-213-1915
     Email: crocker.coulson@ccgir.com

     Linda Salo, Senior Financial Writer
     Tel:   +1-646-922-0894
     Email: linda.salo@ccgir.com

     Web: http://www.ccgir.com

SOURCE China SHESAYS Medical Cosmetology Inc.


Source: newswire



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