SOURCE: Golden Dragon Holdings, Inc.

August 06, 2008 09:46 ET

Golden Dragon Holdings, Inc. 3rd Party Logistic Contract With Dynasty International Moving & Storage Company, Ltd.

BEIJING--(Marketwire - August 6, 2008) - Golden Dragon Holdings, Inc. (PINKSHEETS: GDHI) announces a 3rd party logistic contract with Dynasty International Moving and Storage Company, Ltd.

Mr. Cuenca COO stated, "Dynasty will provide Golden Dragon with the logistic services needed in delivering our products to our contractual obligations in the city of Beijing. Dynasty has over 15 mid-size vehicles that can maneuver rapidly in the chaotic Beijing traffic, for a fast and efficient delivery to our clients."

Dynasty International Moving & Storage Company, Ltd.

Dynasty has a professional 3rd party logistics distribution center in the Chao Yang District south of Beijing; this center has 10,000 square meters and more than 20 delivery trucks, it is strategically located next to the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China and China Customs department. The company has an excellent reputation with governmental departments of the import and export service departments.

About Golden Dragon

Golden Dragon Food Holdings, Inc. (PINKSHEETS: GDHI), is an international importer, exporter and distributor of staple foods, organic foods, specialty and gourmet foods and beverages, catering to the Asia Pacific Rim. The company offers wholesale food distribution to grocery chains and independent food stores throughout China.

The company purchases goods directly from manufacturers, stores stock in warehouse facilities in the United States, Latin America and the European Market, and distributes these products to grocery stores, supermarkets and hypermarkets throughout China. The company provides more than 20,000 food and beverage items, including produce, meat, dairy products, delicatessen products, fresh/frozen bakery items, health and beauty aids, candy, wines and tobacco.

GDHI will focus on the distribution of staple foods in the Chinese market. As a result, GDHI will benefit from the growing emerging market that China represents and the forecast of China being the 2nd largest food consumer in the world by 2020.

Safe Harbor Statement

Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Golden Dragon Holding's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Golden Dragons Corporation's periodic reports filed with the regulatory authorities.

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