SGD Holdings, Ltd. Subsidiary, Ecopaper, Inc., Provides Shareholder Update

Tue Nov 3, 2009 9:02am EST
 
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VENTURA, Calif., Nov. 3 /PRNewswire-FirstCall/ -- SGD Holdings, Ltd. (Pink
Sheets: SGDH), announced today that its wholly-owned subsidiary, Ecopaper,
Inc., has hired 7 new employees to focus on the growth of sales and customer
care of current accounts. With product demand increasing, it was necessary to
hire more people.

To prepare for customer growth, Ecopaper, Inc. has fully re-designed its
website to be faster, scalable for growth, feature-rich, more user friendly
and attractive. 

The company is currently working on the preparation of its financial
statements and plans to distribute them for viewing in the near future. "We
are happy to report that the company's current operations are profitable, and
we believe our potential for future revenue growth is very promising. We are
strategically lining ourselves with big players, and the "green" market seems
to be endless," stated Harry Johansing, President of SGD. 

The company is also announcing that Ian Ratowsky has been named Creative
Director of Ecopaper, Inc. Mr. Ratowsky developed the original concept for the
industrial manufacture of banana, coffee, lemon, and mango natural fiber
papers. He now joins his former partner, Harry Johansing, to advance Ecopaper
in creating a global natural fiber paper and products corporation. Prior to
joining Ecopaper, Inc., Mr. Ratowsky was the founding partner in the Costa
Rica Natural Paper Company, as well as founder and CEO of an eco-based, all
natural hair and body care company, also based in Costa Rica. "Mr. Ratowsky
brings extensive international tree free paper experience to the company as
well as experience in natural fiber procurement, paper designs, mill alliances
and successful product marketing and design. He spent 8 years as President of
Principal Material, S.A. where he sourced, acquired and produced proprietary
chemicals for the environmental industry. We are very excited he has joined
our team," stated Harry Johansing.

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 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 from exotic tropical fibers from waste materials in new
textures and tones for consumers. 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. (www.ecopaper.com). Its goal is to
acquire new technologies which can positively impact the environment either
though internal development or by acquisition. 

Safe Harbor Act Disclaimer 
Forward-looking statements in this release are made pursuant to the Safe
Harbor Provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are subject to certain risks, and
uncertainties and actual results could differ from those discussed. This
material is information only and is not an offer or solicitation to buy or
sell the securities. 



SOURCE  SGD Holdings, Ltd.

Bryce Boucher, +1-805-644-4462, bryce@ecopaper.com, for SGD Holdings, Ltd.

 

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