SOURCE: Success Holding Group Corp.

January 29, 2013 09:30 ET

Success Holding Group Corp. USA Announces Name Change and New Board of Directors and Executive Officers

TAIPEI, TAIWAN--(Marketwire - Jan 29, 2013) - Success Holding Group Corp. USA (PINKSHEETS: SHGR) (hereinafter, "Success Holding Group") has changed its name from "Nanometer Storage Corp." to Success Holding Group Corp. USA. The name change was effected through FINRA on January 9, 2013 and the new trading symbol is "SHGR."

New Board of Directors and Executive Officers

Effective November 20, 2012, the Board of Directors accepted the resignation of Simon Vendryes as the sole executive officer and member of the Board of Directors. The Board of Directors simultaneously appointed Steve Andrew Chen as a member of the Board of Directors and President/Chief Executive Officer and Chi-Jui Hong as a member of the Board of Directors and Secretary.

Steve Andrew Chen: Mr. Chen is a renowned inspirational marketing speaker and a top-selling author of numerous self motivation books and multi-media courses. Mr. Chen is currently the chairman of Success Holding Group Inc. (Cayman Islands) and the chairman of Success Prime Corp. (Taiwan). Mr. Chen was born in Taiwan and studied at Pepperdine University. He currently resides in both Taiwan and China.

Chi-Jui Hong: Mr. Hong has over thirty years of investment management experience specializing in business model innovation and capital investment. Mr. Hong has served as a director for publicly listed companies in Taiwan and Hong Kong, such as Acme Food Groups, Beauty Group, Sinho Group and SPC Inc. Mr. Hong graduated from Fu Jen Catholic University with a B.S. and EMBA degree majoring in mass communication. Mr. Hong currently resides in Taiwan.

Future Business Operations

Success Holding Group is currently seeking and identifying private and public companies in Asia as acquisition and merger candidates. Mr. Chen's operational strategy will focus on integration of chain stores and brand names, fiber optics, alternative energy technology, internet and logistics. Mr. Chen stated "Through the newly structured public company, we will be able to pursue more aggressively to acquire quality companies in Asia. We have plans to invest or acquire up to fifty companies within the next ten to fifteen years, and our shareholders should be able to reap the benefit of the higher growth potential in the Asia region."

Forward-Looking Statements

You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release.

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