Shiner International Signs $6.71 Million Contracts to Supply Anti-counterfeit Films

Monday March 10, 6:00 am ET

Anticipates Significant Revenue Increases in 2008 from both Domestic and International Customers in this High Margin Product Segment

HAINAN, China, March 10 /Xinhua-PRNewswire-FirstCall/ -- Shiner International, Inc. (Nasdaq: BEST - News; website: http://www.shinerinc.com ), a market leader in China's anti-counterfeit plastic films industry, announces that Shiner has signed a total of $6.71 million anti-counterfeit plastic films supply contracts with various domestic and international customers for 2008 product delivery.

These new orders are represented by the largest tobacco company in Vietnam, the largest printing firms in Turkey and Israel, and a Shanghai based media company. Shiner expects continued and repeated orders from these domestic and international customers.

In 2006, which is Shiner's latest fiscal year when we reported our annual financial results, our anti-counterfeit films related sales were approximately $2 million. These new orders represent more than 3 times our last reported anti-counterfeit film sales. With increased marketing efforts and strong customer demand, Shiner expects to achieve significant product sales in 2008 from this high margin, technology-concentrated product segment.

Mr. Jian Fu, CEO of Shiner International, commented, "Shiner manufactures unique anti-counterfeit plastic films based on our patented technologies. Our anti-counterfeit packaging films are widely used in almost all industries. We are pleased that this high margin product line continues to enjoy broad customer acceptance worldwide. Shiner will continue to deepen our market penetration to both domestic and international markets. We look forward to a year of record sales and earnings from our anti-counterfeit film products."

About Shiner's Proprietary Anti-counterfeiting Process

Anti-counterfeit film is a specialty product created to help control piracy, a major concern in China as well as internationally. Piracy and counterfeit products have resulted in both significant losses to manufacturers and health problems to consumers on a global basis. The common technology used today relies on holograms; however, Shiner has applied a proprietary technology to develop specialized anti-counterfeiting film products. It is a BOPP film embossed with a high technology, multi-dimensional insignia that creates eye-catching illusions, which also helps increase brand identity.

Shiner International Owns 3 Anti-counterfeit Technology Patents

Shiner holds three anti-counterfeit film patents and its product has won several recognition awards in China such as: a nomination as the National Standardization Creator for both coated and anti-counterfeit films by the Industrial's Standards Administration in June 2007; the 2004-2005 Annual Technology Advancing Certificate by the People's Government of Haikou in August 2006; selected to be listed in the China Reputable Products Database by China Enterprises Union in April 2006; and in June 2005, Shiner was honored as the National New Product by the Ministry of Science and Technology in China and Ministry of Commerce in China for its BOPP laser anti-counterfeit film.

About Shiner International, Inc.

Shiner International is a NASDAQ-listed US public company with its primary operations in China. Headquartered in the city of Haikou -- China's "Hawaii," Shiner's products include coated packaging film, shrink-wrap film, common packaging film, anti-counterfeit laser holographic film and color printed packaging materials. About 60% of Shiner's current customers are located in China with the remainder located in Southeast Asia, Europe, the Middle East and North America. Shiner holds 13 patents on products and production equipment, and has additional patent applications currently pending. Shiner's coated films meet the approval of US FDA requirements as well as those required for food packaging sold in the EU. Shiner's product manufacturing process is certified under ISO 9001:2000.

Safe Harbor Statement

All statements in this press release that are not historical are forward- looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect Shiner International, Inc.'s current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in Shiner's filings with the Securities and Exchange Commission.

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