SOURCE: Dragon International Group Corp.

August 28, 2006 10:09 ET

Dragon International Group Retains ROI Group Associates as Investor Relations Counsel

New York City-Based Firm to Execute Comprehensive Investor Outreach Program

NEW YORK, NY and NINGBO, CHINA -- (MARKET WIRE) -- August 28, 2006 -- Dragon International Group Corp. (OTCBB: DRGG), one of China's leading manufacturers and distributors of specialty paper products and packaging materials, announced today that it has selected and retained ROI Group Associates, Inc. ("ROI") to provide a full range of investor relations, road show, and media services to the Company. ROI will execute an investor outreach program designed to highlight Dragon's attractive investment story and increase the liquidity of Dragon's common stock traded in the U.S., seeking to dramatically enhance shareholder value. Working closely with Dragon's management team and other consultants, ROI will communicate Dragon's business strategy, acquisition developments, financing plans and rapid growth potential to investors.

David Wu, Chairman and CEO of Dragon International, commented, "We are delighted to commence working with ROI. Located in the heart of New York's financial district, ROI has a strong team of senior level investor relations experts. We are confident that ROI is well-positioned to assist us in communicating our increasingly exciting story to the investment community. With significant expertise working with micro- and small-capitalization companies, we believe ROI can meet our goals of increasing our U.S. shareholder base, and better aligning our market value with the fundamentals of our rapidly growing business."

"We are determined to increase value for our shareholders. I believe our common stock is substantially undervalued compared to our peers. Hiring ROI establishes a foundation upon which we intend to build a strong investor relations effort, seeking to thoroughly communicate the Dragon investment story. New initiatives to communicate with the investment community, including road show, television, radio, print, and online media, are going to be directed by ROI."

Andrew Brown, Managing Director of ROI, stated, "We are very pleased about representing Dragon, and confident we can dramatically increase their awareness amongst U.S. investors. Dragon's relationships with International Paper and Asia Pulp & Paper should allow management to execute its growth plans. Recent acquisitions have resulted in establishing a core group of specialty packaging companies, positioning Dragon for potentially dynamic growth in 2007 and beyond."

"We believe that the influx of China-based companies listing in the U.S. is in its infancy, with many of the earliest companies having faced significant challenges once they are public in the U.S. Through a comprehensive investor relations program, and knowledgeable U.S.-based consultants, we believe Dragon is poised to develop liquidity and a broad shareholder base in the U.S. Strong fundamentals need the added benefit of seamless compliance, effective shareholder communications and financial expertise, which we believe Dragon management appreciates and has established through a number of relationships. Over time, we believe Dragon could come to represent the model for future China-based companies seeking to list in the U.S.," concluded Brown.

About Dragon International Group Corporation

Dragon International Group Corp (OTCBB: DRGG) is one of leading China's manufacturers and distributors of specialty paper products and packaging materials. DRGG is operating as a manufacturer and distributor of paper and integrated packaging paper products. DRGG has a distribution network covering east and central China. Dragon and its subsidiaries have cultivated strategic relationships with several of the world's largest and well-known manufactures of paper and specialty packaging products. Fore more information, please visit http://www.drgg.net.

Safe Harbor Statement

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. 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. More information about the potential risks and factors that could affect the Company's business and financial results is included in the Company's filings, available via the United States Securities and Exchange Commission at http://www.sec.gov.

Contact Information

  • Contact:

    Andrew Brown
    abrown@roiny.com
    ROI Group Associates, Inc.
    Tel: 212-495-0202