Dragon Capital Group Received a Contract for Exchange System of Audio and Video Media Based on Cloud Technology

SHANGHAI, China, October 14, 2015 /PRNewswire/ --

Dragon Capital Group Corp. (OTC: DRGV), a holding company of emerging tech companies in China, announced today that its wholly owned subsidiary, Shanghai Yazheng Information Technology Company, Limited ("Yazheng"), has received a contract of exchange system of audio and video media based on cloud technology from Shanghai Wenguang News Media Group.  The contract awarded Yazheng approximately US$350,000 for the project that is expected to be completed in the fourth quarter of 2015. Management estimates the company can achieve 25% to 30% in gross profits.

This project, based on cloud technology, is to establish a suite of exchange system of network media. The purposes is to solve the exchange disorder of current network media on a standard level and present cross-enterprise, cross-industry and cross-technology platform solutions for the exchange of network media.  This project also includes an exchange platform of network media which is an application of established B/S structure based on the above standard.  On the platform, media producers (copyright owners) and users can become members, comply with the common recognition of copyright protections and trade agreements, present their own media and retrieve their own needs, and directly pay for the content that they choose.  

Mr. Lawrence Wang, Chairman and CEO of Dragon Capital Group, stated, "this new contract provides us a unique opportunity to prove our competitive advantage in the area of software service development. The new contract directly results from our proactive market efforts for our software development services in the past year.  Management will continue to expand its software development services to grow its profit margin overall."

About Dragon Capital Group Corporation 

Dragon Capital Group Corp. (OTC: DRGV) is doing business in China through its subsidiaries. DRGV was established to serve as a conduit between Chinese tech 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, merger & acquisition, business valuation, and revenue growth strategies. DRGV has developed a portfolio of tech companies operating in China. For more information about DRGV, please visit http://www.drgv.us

Safe Harbor Statement 

Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the word expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance.

Contact:
Peisha Shen
U.S. Representative
Telephone: +1-954-363-7333, extension 325
Email: [email protected]

SOURCE Dragon Capital Group Corp.

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