SOURCE: Ka Wang Holding, Inc.

January 18, 2008 16:36 ET

Ka Wang Holding, Inc. Announces the Update of Filing Form 15c211

LAS VEGAS, NV--(Marketwire - January 18, 2008) - Ka Wang Holding, Inc. (PINKSHEETS: KWGI) (the "Company") is in the process of updating Form 15c211 so the Company can resume trading on the OTC. The Company will release the name of the market maker after the form has been filed which is expected within the next 7-10 days.

Ka Wang Holding, Inc. (formerly ABC Dispensing Technologies, Inc.), parent company of Ka Wang Department Stores in Southern China, has been operating since 1980. The Company's main business is high-end designer clothing for men and women. Ka Wang carries many of the top Italian brands and is the sole agency in the far-east for these lines. From one store in 1980 Ka Wang has expanded into 70 retail stores in the southern part of China. Along with name brands, the Company also has its own manufacturing facilities where it designs, researches and develops its own clothing lines for wholesale and retail customers.

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

Contact Information