VENTURA, Calif., July 15, 2010 (GLOBE NEWSWIRE) -- SGD Holdings, Ltd. (Pink Sheets:SGDH), owner of premier environmentally friendly paper manufacturer EcoPaper, today announced that the company has entered into an agreement for EcoPaper products to be represented by a well-respected Los Angeles-based manufacturer's representative group that also represents many of the world's finest international paper product lines.
EcoPaper products were hand-picked to be represented by the group after the products' successful presentation at the New York Stationery Show. Sales representatives from the group begin placing EcoPaper products into selected gift stores throughout Southern California this week.
"Our momentum this year has been astounding," said Harry Johansing, CEO of SGD Holdings. "Having our products represented by this prestigious group helps confirm EcoPaper's market dominance among manufacturers of authentic, tree-free paper products worldwide. We look forward to a long and mutually beneficial relationship with the organization."
Johansing anticipates that EcoPaper products will be nationally represented in the very near future and further indicates that the company's marketing plan includes preparations for being represented throughout Canada and Mexico by September of 2011.
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.