SOURCE: Regal Group, Inc.

September 14, 2010 09:00 ET

Regal Group Introduces Industry Leading RFID Management Team

PHOENIX, AZ--(Marketwire - September 14, 2010) - ("Regal" or the "Company") (OTCBB: RGLG) is pleased to introduce its new management team, now poised to drive forward the development of Regal's recent acquisition of RFID technology assets in China, as well as evaluate accretive opportunities that meet the Company's corporate mission.

Mr. Su, who now assumes the role of Chairman, graduated with an engineering degree in 1986 from Nanjing Institute of Technology, Department of Radio Engineering and subsequently received his MBA from Tsinghua University. As quoted in the Chinese media, Mr. Su was an "R&D backbone for China Aerospace Science and Technology Corporation" in the space and satellite industries, where he served as Chief Engineer at the Xi'an Satellite Measurement & Control Center, which center managed the flight of Chinese ballistic missiles. He has been acknowledged by local media to be instrumental in the development of domestic synchronous and earth-orbiting satellites in China and specifically, the development of the Shenzhou Spaceship master control satellites, used by the Chinese government to support its manned spaceflight program. He has previously acted as the Vice General Manager-Project Development for Shenzhen GrenTech Corp. Ltd (GRRF), a public company trading on NASDAQ and a leading developer of radio frequency ("RF") technology and provider of wireless coverage products and services in China. Since founding DDCT Technology Co. Ltd. in 2006, his initial foray into the RFID industry and funded by both its founders and the Shenzhen Bureau of Science and Technology with RMB5 million (US$735,000) in registered capital, Mr. Su has been awarded two RFID invention patents in China and in May 2009, Mr. Su spearheaded an RFID technology initiative for the promotion of RFID applications in the health, education and livestock tracking industries in the city of Fuzhou, Jiangxi Province.

Mr. Tang Jun, our Chief Technology Officer, obtained a master's degree in engineering in 1985 and a doctor's degree in engineering in 1988 from the University of Electronic Science and Technology of China. In 2005, he obtained an MBA degree from China Europe International Business School. Between 1988 and 1992, Mr. Tang participated in the broadband optical communication project under China's 7th 5-year plan and the project won first prize in technological advancement from the Ministry of Electronics Industry. In 1996, he co-founded Whole Wise Science & Technology Co., Ltd., subsequently listed on the Shanghai Stock Exchange in 2002 (stock code: 600503). In 2003, he led a 100-strong R&D team at Telthink Network Technologies Co., Ltd., a subsidiary of Fujian Guomai Technologies, Inc., to help boost telecom service software sales and laid a foundation for its subsequent listing on the Shenzhen Stock Exchange (stock code: 002093). Mr. Tang joined DDTC in early 2009 to help oversee the company's production and operations and contribute to building the company's core competencies and increasing its market competitiveness in research and development, production and sales, human resource and logistics management.

Mr. Tao Wenlong, our Chief Operating Officer at UHF Logistics, graduated from the Radio Engineering Department of Nanjing Institute of Technology in July 1986. Between 1986 and 1999, Mr. Tao acted in various positions in the R&D Department of Kunming Shipping Equipment Group, culminating in his position as Deputy Chief Engineer of the R&D department. During his tenure, he was focused on the research and development of automation systems for tobacco machinery and developed the first Centralized Monitoring System for the tobacco production process, which achieved multiple Science and Technology Advancement Awards. In 1995, Mr. Tao was awarded "Outstanding Young Scientists of the China Shipbuilding Industry Corporation", and went to the U.S. and U.K. to further cooperative research. From 1999, Mr. Tao initially acted as Chief Engineer (and subsequently became General Manager) of Kunming Xingaoyuan Science & Technology Co., Ltd, where he has been responsible for R&D and marketing of automation system and communication software management for tobacco machinery. During this time, Mr. Tao presided over the development of a national level Flavor Compound Center and a Grade Ration Feed System, which were awarded Technology Advancement Second Awards twice by the Yunnan branch of China National Tobacco Corporation, and acquired five Software copyrights successfully. In 2000, Mr. Tao was awarded the title of "SIEMENS EXPERT" by Siemens China Ltd. Since becoming General Manager of Kunming Xingaoyuan Science & Technology Co., Ltd. in 2005, Mr. Tao has expanded corporate revenues from RMB4 million four years ago to over RMB40 million today. Mr. Tao also masterminded the first application of RFID in the tobacco industry, Tobacco Grade Storage Management System, which system has established the foundation for wider RFID application in the sector.

Further information:

Please feel free to call Investor Communications toll-free on 1-888-367-3077.

About Regal Group, Inc.

Regal Group, Inc. is a publicly traded company with headquarters in Phoenix, Arizona. Regal is strategically positioning itself in key industry sectors in China and recently completed the acquisition of UHF Logistics Ltd., a HK-incorporated holding company, which, through its wholly owned Chinese operating subsidiaries, is focused on the development, marketing and implementation of UHF RFID products and solutions in China since 2006. Regal trades on the NASDAQ OTC BB under the ticker symbol: RGLG.

Forward-Looking Statements & Risks
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management, including, but not limited to, the Company's belief that Regal can identify and successfully negotiate business prospects in Asia, and that the Company can successfully operate such prospects. Actual results may differ materially from those currently anticipated due to a number of factors and risks beyond the reasonable control of the Company.

In addition to the risks associated with forward-looking statements, statements in this news release are subject to additional risks, which include, among others, the corporate disclosure, governance and regulatory requirements of the Peoples' Republic of China (the "PRC"), and PRC regulations relating to, among others, cross-border mergers and acquisitions, product liability and currency exchange rates. Even though the transaction is completed, anticipated synergies or other intended benefits of the transaction may not be realized, and the prospects of the combined entity will remain subject to all the general risks associated with the RFID industry, the public securities markets and risks related to doing business in China, such as the PRC's economic, political and social environment, and matters relating to PRC taxes, repatriation of profit and currency conversion, acquisition and appropriation of land use rights, foreign investments, permits and business licenses, employment contracts, government intervention, shareholders' rights and enforcement of judgments, as well as the developing PRC legal system. The Company cautions that the foregoing list of material risks is not exhaustive.

When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Additional information on risks and other factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Contact Information

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