Dragon Capital Group's Subsidiary to Distribute Epson LCD Display Products in China
October 19 2009 - 7:00AM
PR Newswire (US)
SHANGHAI, China, Oct. 19 /PRNewswire-FirstCall/ -- Dragon Capital
Group Corp. (Pinksheets:DRGV), a leading holding company of
emerging high-tech companies in China, announced today that its
subsidiary Shanghai Zhaoli Technology Company, Limited ("Shanghai
Zhaoli") has received Distribution Rights from Epson (China) Co.,
Ltd. for their Liquid Crystal Display products in China. Epson
(China) Co., Ltd., a wholly owned subsidiary of Seiko Epson Corp.,
is a Japanese company and one of the world's largest manufacturers
of printers, scanners, desktop computers, cash registers,
integrated circuits, LCD, LCD components and other associated
electronic components. Chairman and CEO, Lawrence Wang, stated, "We
are very pleased to expand our relationship with Epson China. As an
authorized distributor of their printers and office related
products we are excited to add Epson's line of LCD display products
to our growing list of business product offerings. We intend to
work hard to build a stronger relationship with prestige
manufactures such as Epson as we broaden our product mix to meet
the ever changing needs of our customers." Dragon Capital Group
Corp. (Pinksheets:DRGV - News) is doing business in China through
its subsidiaries. Dragon was established to serve as a conduit
between Chinese high-growth companies and Western investors. DRGV
functions as an incubator of high-tech companies in China, offering
support in the critical functions of general business consulting,
formation of joint ventures, access to capital, mergers and
acquisitions, business valuations, and revenue growth strategies.
DRGV has developed a portfolio of high-tech companies operating in
China. For more information about DRGV, please visit
http://www.dragoncapital.us/ Safe Harbor Statement This press
release may contain forward-looking statements. Any statements that
are not historical facts and that express, or involve discussions
as to, expectations, beliefs, plans, objectives, assumptions or
future events or performance (often, but not always, indicated
through the use of words or phrases such as "will likely result,"
"are expected to," "will continue," "is anticipated," "estimated,"
"intends," "plans," "believes" and "projects") may be
forward-looking and may involve estimates and uncertainties which
could cause actual results to differ materially from those
expressed in the forward-looking statements. These statements
include, but are not limited to, our guidance and expectations
regarding revenues, net income and earnings. We caution that the
factors described herein could cause actual results to differ
materially from those expressed in any forward-looking statements
we make and that investors should not place undue reliance on any
such forward-looking statements. Further, any forward-looking
statement speaks only as of the date on which such statement is
made, and we undertake no obligation to update any forward-looking
statement to reflect events or circumstances after the date on
which such statement is made or to reflect the occurrence of
anticipated or unanticipated events or circumstances. New factors
emerge from time to time, and it is not possible for us to predict
all of such factors. Further, we cannot assess the impact of each
such factor on our results of operations or the extent to which any
factor, or combination of factors, may cause actual results to
differ materially from those contained in any forward-looking
statements. CONTACT: Dragon Capital Group, Investor Relations, Gary
Liu, (954) 363-7333 ext. 318 DATASOURCE: Dragon Capital Group Corp.
CONTACT: Dragon Capital Group, Investor Relations, Gary Liu, (954)
363-7333 ext. 318
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