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Sanhe Tech (SKGO) Seals Contract for World Expo
2010. 10 February
(prnewswire.com) Sanhe Tech signed a contract with a subsidiary of the Shanghai Pudong landscaping department to become a green product supplier for the upcoming Shanghai World Expo 2010 (May/October, 2010). The Shanghai EXPO's 'Pudong New Area' spreads over 5 square kilometers in the heart of Shanghai, and the organizers dedicated the exhibition, events and forums to: "Better City, Better Life." The event intends to build a powerful example of sustainable and harmonious urban living and Sanhe Tech's resilient and biodegradable green products will take part in this unique exhibition.
Sahne Tech had received initial order to supply 1000 flower containers for the event. To fill the order, the company will begin the Expo production starting February 15th, the first day after the Spring Festival (Chinese New Year). Sanhe containers will serve to decorate the Pudong New Area and the Expo. The containers will present Sanhe Tech's recycled and eco-friendly product to the world.
In other news and events the recent price movement of SKGO has not deterred the company from exploring other immediate expansion plans. Filings for this event are currently being countersigned and reviewed and will be filed with Pink Sheets shortly.
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Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of SkyBridge Technology Group Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. SkyBridge Technology Group Inc. cautions you that any forward-looking information provided by or on behalf of SkyBridge Technology Group Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. SkyBridge Technology Group Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond SkyBridge Technology Group Inc.'s control. In addition to those discussed in SkyBridge Technology Group Inc.'s press releases, public filings, and statements by SkyBridge Technology Group Inc.'s management, including, but not limited to, SkyBridge Technology Group Inc.'s estimate of the sufficiency of its existing capital resources, SkyBridge Technology Group Inc.'s ability to raise additional capital to fund future operations, SkyBridge Technology Group Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match SkyBridge Technology Group Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. SkyBridge Technology Group Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
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