China Agritech Inc. Presents at Halter Financial Summit 2010, Apr-07-2010 through Apr-09-2010. Venue: Pudong Shangri-la in Shanghai, China.

China Agritech Inc. reported preliminary unaudited earnings results for the year ended December 31, 2009. For the year ended December 31, 2009, preliminary unaudited annual revenues rose by 66% to approximately $75.0 million compared with audited revenues of $45.2 million in 2008. Preliminary 2009 unaudited annual net income attributable to common shareholders (excluding non-cash charge as a result of issuance of warrants to Carlyle Group) increased by 82% to approximately $15.7 million compared with audited net income of $8.6 million in 2008. This is in line with the company's higher revised guidance for net income of $15.6 million for the 2009 year. Net revenues and net income for the 2009 year benefited from increased organic liquid fertilizer sales combined with the successful introduction of the company's new organic granular fertilizer products. The company also announced its guidance for the year ending December 31 2010 with revenues expected to reach approximately $114 million based on current production and expectations.

The Board of China Agritech Inc. appointed Charles Law to fill the remaining vacancy to bring the number of members serving on the Board to seven. The Board also appointed Mr. Law to serve on the Compensation and Nominating Committees of the Board. Mr. Law, age 50, has been a partner in the Beijing office of King & Wood since January 2001 and prior to that he was the managing partner at Law & Arthur. Mr. Law has no family relationships with any of the executive officers or directors of the company.