SOURCE: SGD Holdings, Ltd.

January 08, 2010 12:51 ET

SGD Holdings, Ltd. Subsidiary, Ecopaper, Inc., 2009 U.S. Sales Increase by 118% & Provides Updated Share Structure

VENTURA, CA--(Marketwire - January 8, 2010) - SGD Holdings, Ltd. (PINKSHEETS: SGDH) wholly-owned subsidiary, Ecopaper, Inc., announced today that year-to-date 2009 U.S. sales increased by 118% compared to 2008. The greatest increase was in regional wholesale accounts, with a 305% increase. Internet sales followed with a 36% increase and a 4% increase in national account sales. CEO Harry Johansing states, "2009 has been an excellent growth year for us. We are expecting an even better 2010, as we have many significant deals in the works. We expect some of those deals to close as early as January 2010."

The latest share structure is outlined below:

Authorized Shares
200,000,000 as of January 7, 2010
Outstanding Shares
57,650,176 as of January 7, 2010
Float (shares)
16,127,318 as of January 7, 2010

About Ecopaper, Inc.

Ecopaper, Inc. is the first company in the history of the paper industry to create and market treeless paper of a superior quality. Every page of Ecopaper is smooth, acid-free, durable, chemical-free, and made in Costa Rica. Ecopaper, Inc. has developed an innovative and economically feasible option for the removal of 230,000 tons of agro-industrial waste that are dumped yearly in Costa Rica alone. The company's challenge is to invent new processes and create paper from exotic tropical fibers from waste materials in new textures and tones for consumers. The results of processing these exotic tropical fibers are items that both appeal to the consumer and positively impact the environment.

About SGD Holdings, LTD.

SGD Holdings, LTD. is a holding company which owns and operates through its wholly-owned subsidiary, Ecopaper, Inc. ( Its goal is to acquire new technologies which can positively impact the environment either though internal development or by acquisition.

Safe Harbor Act Disclaimer

Forward-looking statements in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell the securities.

Contact Information

    Paul Westenberger
    or Email Contact
    for SGD Holdings, Ltd.