SGD Holdings, Ltd, Subsidiary Ecopaper, Inc. Receives Order for $1.3 Million U.S.
21 Abril 2010 - 9:00AM
SGD Holdings, Ltd. (Pink Sheets:SGDH), announced today that it has
received another significant order, this one for $1.3M U.S.
dollars. This order is for a variety of paper products and
production will begin shortly.
As an update on the company's prior $3M+ order from last month,
delivery of 50% of the order has taken place and the remainder will
be delivered the first week of May.
The company is also working to finalize other significant
transactions and will release information upon
completion.
CEO Harry Johansing states, "We have built many new
relationships and these relationships are starting to
materialize. The 2nd quarter of 2010 is off
to a strong start and we have a lot of exciting initiatives in the
works. The company remains dedicated to adding shareholder
value through increased sales and
acquisition."
About Ecopaper, Inc.
Ecopaper, Inc. is the first company in the history of the paper
industry to create and market treeless paper of a superior quality.
Every page of Ecopaper is smooth, acid-free, durable,
chemical-free, and made in Costa Rica. Ecopaper, Inc. has developed
an innovative and economically feasible option for the potential
removal of 230,000 tons of agro-industrial waste that are dumped
yearly in Costa Rica alone. The company's challenge is to invent
new processes and create paper for consumers, in new textures and
tones, using waste materials from exotic tropical fibers. The
results of processing these exotic tropical fibers are items that
both appeal to the consumer and positively impact the
environment.
About SGD Holdings, LTD.
SGD Holdings, LTD. is a holding company which owns and operates
through its wholly-owned subsidiary, Ecopaper, Inc.
(http://www.ecopaper.com/). Its goal is to acquire new technologies
which can positively impact the environment either through internal
development or by acquisition.
Forward-Looking Statement: The statements in the press release
that relate to the Company's expectations with regard to the future
impact on the Company's results from acquisitions or actions in
development, are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The
statements in this document may also contain "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
When used in this press release, the words "anticipate," "believe,"
"estimate," "may," "intend," "expect" and similar expressions
identify such forward-looking statements. Forward-looking
statements are subject to risks, uncertainties, and other factors
that could cause actual results to differ materially from those
contained in such statements. Such risks, uncertainties, and
factors include, but are not limited to, future capital needs,
changes, and delays in plans and schedules, or market acceptance.
SGD Holdings, Ltd undertakes no duty to update these
forward-looking statements.
CONTACT: SGD Holdings, Ltd.
Paul Westenberger
302-200-SGDH
paul@ecopaper.com
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