SOURCE: Dragon Capital Group Corp.

January 21, 2010 08:00 ET

Dragon Capital Group's Subsidiary to Provide Comprehensive Campus Access and Security System for High School in Chengdu, Sichuan

Company Partners With Sichuan Sunbelt Culture Communication Co., Ltd.

SHANGHAI, CHINA--(Marketwire - January 21, 2010) - Dragon Capital Group Corp. (PINKSHEETS: DRGV), a leading holding company of emerging high-tech companies in China, announced today that its subsidiary, Chendu Imaging Soft Co., Ltd. ("Chendu Imaging"), has entered into an agreement in partnership with Sichuan Sunbelt Culture Communication Co., Ltd. to construct a centralized card-based campus access and security system for a community high school located in Chengdu, Sichuan.

The proprietary campus system will provide for a wide array of functionalities to manage the activities of faculty members and students on campus. The campus card can be used as a debit card in campus cafeterias and stores, as a library card, and as an identification card for different levels of access throughout the campus. The system will be fully integrated with Chendu Imaging's proprietary surveillance system which provides for a direct uplink to China Mobile's mobile network to enable full remote monitoring.

Chairman and CEO, Lawrence Wang, stated, "We are very excited to provide this state of the art system in partnership with Sichuan Sunbelt Culture Communication Co., Ltd. and we are confident this market has significant potential for Dragon Capital and our partners. Having a centralized access and monitoring system where a school can provide a value to its students and faculty, while at the same time better manage its security and internal controls is a win-win situation. We intend to aggressively market to educational facilities and look forward to successfully installing additional systems as we grow our revenue in this important business segment for our Company."

Dragon Capital Group Corp. (PINKSHEETS: DRGV) is doing business in China through its subsidiaries. Dragon was established to serve as a conduit between Chinese high-growth companies and Western investors. DRGV functions as an incubator of high-tech companies in China, offering support in the critical functions of general business consulting, formation of joint ventures, access to capital, merger & acquisition, business valuation, and revenue growth strategies. DRGV has developed a portfolio of high-tech companies operating in China. For more information about DRGV, please visit http://www.dragoncapital.us

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Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the word expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance.

Contact Information

  • Contact:
    Dragon Capital Group
    Investor Relations
    Gary Liu
    954-363-7333, ext. 318