Golden Dragon Holdings, Inc. Signs Exclusive Distribution Agreement with Shangri-La Tea

BEIJING and MIAMI, March 3 /PRNewswire-FirstCall/ -- Golden Dragon Holdings, Inc. (Other OTC: GDHI) http://www.gdfbhk.com an international food and beverage distributor specializing in the distribution of US and International food & beverage brands to the Chinese market, today announces that it has signed an exclusive distribution agreement with Shangri-La Tea http://www.shangrilaicedtea.com, to commence immediate distribution in the Beijing metropolitan area.  The company will be focusing the marketing of Shangri-La tea in the major hotels and upscale gourmet shops in Beijing.

Frank Yglesias CEO stated, "We are happy to have Shangri-La Tea join our exclusive family brand of products that we distribute in China.  The hospitality sector in Beijing is an excellent niche where we want to excel as the leaders, and with Shangri-La's organic teas we feel that it will be the catalyst for this success in this market."  

About Shangri-La Tea http://www.shangrilaicedtea.com/

The Shangri-La brands of products have played an important role in the US specialty tea business for over 17 years. A pioneer in flavored iced teas and leader in specialty organic teas, hot and iced. Shangri-La is a vertically integrated company famed for its finest teas, tea gardens, in-garden tea leaf processing factories and tea packaging facilities. It is no wonder that Shangri-La teas have taken first place in many tea competitions as recently as the World Tea Expo competition of 2008, where both organic Shangri-La Iced Teas entered took first place prizes. Highly respected laborer education and social responsibility programs are keystones of the company; customer service comes naturally to our Shangri-La team.

Safe Harbor Statement

Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995.

SOURCE Golden Dragon Holdings, Inc.

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