Land Star (LDSR) 7.3 Million USD Contract Condensation Energy Technology Co

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Thu Sep 10, 2009 10:24am EDT

WUHAN, China, Sept. 10 /PRNewswire-FirstCall/ - Land Star Inc. (LDSR)
www.landstarcorp.com operating subsidiary, Hubei Chuguan Industry Co. Ltd.,
and Guangzhou North Condensation energy Technology Co., Ltd. Completed a sales
and agent agreement. In accordance with the agreement, Guangzhou North
Condensation Energy Technology Co., Ltd in Guangzhou will sell 200 sets of oil
and gas vapor recovery processing equipment manufactured by Hubei Chuguan
Industrial Co, Ltd. The VRUJ-5-type oil and gas recovery units are the pride
and joy of LandStar and Hubei Chuguan Industry Co. Ltd primary workhorse. The
units are industry leading edge and technologically far superior than anything
else in the marketplace.
With the oil and gas recovery comprehensive and management project, together
with related Accessories, the total value of contract is about 50 million RMB
Chinese yuan, about 7.3 Million USD source www.xe.com
Mr Li, Congtang CEO of Chuguan said (SIC): "Although we run multiple projects
now, we have enough resources to fill this order and execute this contract on
time. We are lining up resources now, I am confident that it will only take
couple of years to fully execute the contract and put all devices and facility
in place per the contract."
More updates will follow shortly.

Safe Harbor Statement

Information in this news release may contain statements about future
expectations, plans, prospects or performance of LandStar, Inc. that
constitute forward-looking statements for purposes of the safe harbor
Provision's under the Private Securities Litigation Reform Act of 1995. The
words or phrases can be," "expects," "may affect," "believed," "estimate,"
"project," and similar words and phrases are intended to identify such
forward-looking statements. LandStar, Inc. cautions you that any
forward-looking information provided by or on behalf of LandStar, Inc. is not
a guarantee of future performance. None of the information in this press
release constitutes or is intended as an offer to sell securities or
investment advice of any kind. LandStar, Inc.'s actual results may differ
materially from those anticipated in such forward-looking statements as a
result of various important factors, some of which are beyond LandStar, Inc.'s
control. In addition to those discussed in LandStar, Inc.'s press releases,
public filings, and statements by LandStar, Inc.'s management, including, but
not limited to, LandStar, Inc.'s estimate of the sufficiency of its existing
capital resources, LandStar, Inc.'s ability to raise additional capital to
fund future operations, LandStar, Inc.'s ability to repay its existing
indebtedness, the uncertainties involved in estimating market opportunities
and, in identifying contracts which match LandStar, Inc.'s capability to be
awarded contracts. All such forward-looking statements are current only as of
the date on which such statements were made. LandStar, Inc. does not undertake
any obligation to publicly update any forward-looking statement to reflect
events or circumstances after the date on which any such statement is made or
to reflect the occurrence of unanticipated events.

CONTACT: Contact www.minamargroup.com/helpdesk

SOURCE  Land Star Inc.

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