SGD Holdings, Ltd. Receives Eight Containers of Deliverables for Distribution to Major Mexican Retailers
04 Août 2010 - 12:45PM
SGD Holdings, Ltd. (Pink Sheets:SGDH), owner of revolutionary
tree-free paper manufacturer EcoPaper and premier "green"
manufacturer EcoFriend Group, today announced that the company is
in receipt of eight containers of EcoFriend brand deliverables. The
shipment represents the company's Natural Funk, Chic Royale, Black
& White, UniverCity, Body Glove and Tutti Colori brands and
consists of notebooks, tote bags, backpacks, binders, lunch bags
and other Back-to-School-related accessories.
The products, with an estimated wholesale value of more than
$700,000, will be delivered to retailers this week and are
anticipated to be available for purchase by August 8, 2010.
Students will find the products for sale at more than 300 retail
outlets throughout Mexico including Arteli, Chedraui, Palacio de
Hierro, Pricho's, Wal-Mart subsidiary Suburbia, and Sears
stores.
"This shipment represents the successful launch of our Back To
School campaign," said Harry Johansing, CEO of SGD Holdings, Ltd.
and its subsidiaries. "It's gratifying to note the escalation
of interest in environmentally friendly school supplies and
products that benefit our environment, and SGD Holdings' family of
companies is positioned at the vanguard of addressing the needs of
that market. The demand for our products continues to grow
and, we believe, is indicative of the consumer confidence in our
product lines and our corporate mission."
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 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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