SGD Holdings, Ltd. (SGDH) Announces 3,967% Increase in Subsidiary’s Revenues and Change to Calendar Year

QualityStocks would like to highlight SGD Holdings, LTD. (PINKSHEETS: SGDH), a holding company which operates through its wholly-owned subsidiary, EcoPaper, Inc. 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.

In the company’s news today,

SGD Holdings was pleased to announce that EcoPaper posted record revenues exceeding $3.4 million for the year ended December 31, 2010. This compares to sales of $84,697 for the prior year.

SGD Holdings also announced a change to its calendar year so it would coincide with the EcoPaper, Inc. reporting year. According to the press release, further gains in profitability and revenues are anticipated this year as the company continues to grow while carefully managing its alliances with strategic partners and controlling its costs.

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.