SGD Holdings' EcoFriends Delivers Wholesale Order in Excess of $155K to Latin American Wal-Mart Subsidiary
21 7월 2010 - 7:45PM
SGD Holdings, Ltd. (Pink Sheets:SGDH), owner of premier tree-free
paper manufacturer EcoPaper, today announced that the company's
newly acquired subsidiary, EcoFriends, has just fulfilled a product
order in excess of $155 thousand dollars to Suburbia. Suburbia, a
Mexican subsidiary of Wal-Mart, will be offering EcoFriends' brand
student-oriented products for sale at more than 44 retail locations
throughout Mexico.
EcoFriends' brands of Back-to-School fashion accessories include
Body Glove, Black & White, and UniverCity. With an emphasis on
eco-friendly functionality, the brands offer primary, secondary and
college-aged students the opportunity to enjoy
environmentally-friendly products ranging from notebooks,
three-ring binders and pencil pouches to backpacks, tote bags and
more.
After another extensive tour of EcoFriends' Mexico City based
facilities, Harry Johansing, CEO of SGD Holdings, Ltd., continues
to be inspired by the potential of the company's production
capacity, authenticity and continuing earning potential.
"EcoFriends has an amazing operation and I'm thrilled to have
the organization as part of our family of companies," said
Johansing. "Having been present during the delivery of this
order, I have no doubt that the acquisition of EcoFriends
will be noted as being a significant contributor to the spectacular
growth that SGD Holdings and EcoPaper have experienced this
year."
EcoFriends brand products are available throughout Latin America
at retailers such as Chedraui, Comercial Mexicana, Arteli, Cruz
Azul, Palacio De Hierro, Sears, Suburbia, Sanborns, Waldo's and
Wal-Mart subsidiary Pricho's.
About SGD Holdings, LTD.
SGD Holdings, LTD.
(Pink Sheets:SGDH) is a holding company which owns and
operates,
through its wholly-owned subsidiary, EcoPaper, Inc.
(http://www.ecopaper.com.) Through internal research and
development, as well as through acquisition, the company aspires to
create and acquire new technologies, products and methodologies
which have the potential to positively impact the
environment. For more information regarding SGD Holdings,
Ltd. e-mail ir@ecopaper.com.
About EcoPaper, Inc.:
After developing an innovative and an economically feasible
option for removing a portion of the more than 230,000 tons of
agro-industrial waste generated annually by Costa Rica alone,
EcoPaper, Inc. became among the first companies worldwide to create
and implement processes for manufacturing and bringing to market
tree-free, eco-friendly, beautiful, sustainable paper products of
superior quality created from exotic tropical fibers. Founded
by Harry Johansing, EcoPaper is proud that every sheet of EcoPaper
product is smooth, acid-free, durable, chemical-free, and caringly
manufactured. For more information regarding EcoPaper, Inc.
visit www.EcoPaper.com or send an inquiry to ir@ecopaper.com.
Forward-Looking Statements: 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.
Harry Johansing
805-644-4462
SGD (PK) (USOTC:SGDH)
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