SOURCE: Dragon Capital Group Corp.

January 05, 2007 09:45 ET

Dragon Capital Group Subsidiary Ranks in Top 100 at Chinese Academy of Social Science's 2006 China Small Enterprise Conference

SHANGHAI, CHINA -- (MARKET WIRE) -- January 5, 2007 -- Dragon Capital Group Corp. (PINKSHEETS: DRGV), a leading holding company of emerging high-tech companies in China, announced today that its subsidiary, Shanghai Fomde Technology Development Company, Limited ("Shanghai Fomde"), has been ranked as one of the top 100 enterprises at the 2006 China Small Enterprise Conference. The conference was hosted jointly by the Chinese Academy of Social Sciences, the Chinese Association of Small to Medium Enterprises, and the Chinese Association of Private Enterprises.

Shanghai Fomde is engaged in the business of computerized automation control solutions for commercial, residential and educational buildings. Shanghai Fomde has created a wide variety of proprietary management applications to assist these entities in creating valuable efficiencies in the performance of property management. These applications assist the management of various types of facilities in computerized climate control, access and security control, as well as many other necessary management tools. Shanghai Fomde has been certified by the Ministry of National Architecture of China and the Ministry of Information Technology. Shanghai Fomde was certified ISO 9001 in December 2004. Fomde's mission is to provide a "one stop shop" for customized property management solutions through the above-mentioned applications as well as a host of other specialized industry control applications.

About Dragon Capital Group Corp.

Dragon Capital Group Corp. (PINKSHEETS: DRGV) is doing business in China through its subsidiaries. DRGV functions as a management company of technology companies in China, offering support in the critical functions of operational support, general business consulting, formation of joint ventures, access to capital, merger & acquisition, business valuation, and revenue growth strategies. DRGV has developed a portfolio of technology companies operating in China. For more information about DRGV, please visit

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