Symax Lift (Holding) Co. Ltd.

Symax Lift (Holding) Co. Ltd.

March 08, 2012 09:20 ET

Symax Lift Engages Investor Relations Firm

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2012) - Symax Lift (Holding) Co. Ltd. (TSX VENTURE:SYL) ("Symax Lift" or the "Company") is pleased to announce that the Company has engaged EWC Corporation ("EWC") to provide it with marketing, investor relations and corporate finance services.

EWC will provide the following IR services to the Corporation: Coordinate investor presentations, roadshows, retail broker relations, IR strategy, and interaction with investment community. EWC will also provide ongoing capital markets advice to the Company.

In accordance with this agreement, the Company will pay EWC a monthly fee of $5,500 for a 24 month term of the agreement. The Company will also pay EWC a Financing fee based certain financings completed during the term of the agreement. The agreement is subject to the approval of the TSX Venture Exchange.

EWC Corporation is an Ontario company based in Toronto, ON that provides investor relations and marketing services to public companies. EWC and the Company are at arm's-length to one another.

About Symax Lift (Holding) Co. Ltd.

Symax is in the business of the development, manufacturing, and sale of elevators, as well as the provision of after-sales services in China and worldwide. Symax's products and services are classified into two separate offerings; a main line of standardized products which include passenger elevators, goods/freight elevators, villa elevators, panorama elevators, hospital elevators, residential and commercial escalators and moving walkways; and customized elevator products.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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