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SGD Holdings Sub Signs Sugar Cane Paper Agreement

August 13, 2009 (FinancialWire) — SGD Holdings, Ltd. (OTC: SGDH) announced that its wholly-owned subsidiary, Ecopaper, Inc., has obtained an exclusive distribution and marketing agreement for the sale of Sugar Cane Paper in North America.

The North American market for recycled office paper is currently estimated at $5.5 billion. Ecopaper, Inc. anticipates a sharp increase in sales because this multi-purpose copy and print paper will be competitively priced and more environmentally friendly than recycled paper.

“This paper is made from 80% sugar cane waste and 20% Certified Plantation Fiber instead of trees or recycled tree products. It is fully biodegradable and recyclable with improved brightness and print contrast. It is truly a paradigm change,” stated Harry Johansing, CEO of SGD Holdings, Ltd. “This exclusive agreement continues to differentiate the Ecopaper brand from our competitors,” he added.

Apart from its new products, Ecopaper has also cut costs and streamlined production and efficiencies throughout the company while sustaining our beliefs in fair wages and a great work environment.

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