Sanhe Tech (SKGO) Seeks Opportunities in USA
HENDERSON, NV, Feb. 17 /PRNewswire-FirstCall/ - SkyBridge Technology Group, Inc. (SKGO; http://www.skybridgetechgroup.com/) and its Chinese subsidiary Jiangxi Sanhe Science and Technology Co., Ltd. (Sanhe Tech; http://hgc11149.chinaw3.com/) representatives joined JSTEC's negotiations in USA.
Jiangxi Province Science and Technology Exchange Center (JSTEC) invited Sanhe's GM, Ms. Yang Yufang and other representatives of Small-to-Medium Businesses from Jiangxi province to follow them to Houston, Texas, and participate in talks on cooperation issues in the US. JSTEC, an offshoot of CSTEC (China Science and Technology Exchange Center), wants to bring Chinese manufactures closer to the US market, and raise awareness about the ability and modern technologies used by Chinese producers today. The group will meet with 20 US venture capital institutions to negotiate and seek cooperation.
Launched in 1982 by the Chinese government, China Science and Technology Exchange Center (http://www.cstec.org/en/index.aspx) is an independent organization affiliated with China's Ministry of Science and Technology. With expertise in international S&T exchanges, the Center promotes interactions between Chinese S&T communities and their foreign counterparts. The Center enhances the relations between China and countries around the globe and serves China's socio-economic development.
Ms. Yang Yufang, the GM of Sanhe Tech, said, "We gladly accepted the invite from JSTEC, and we are excited to present our company and promote our technology and manufacturing procedures in the US. Much of the US production relies on imports from China and Sanhe wants to become part of this great market. Our 'plastic wood' especially has a great potential on the environment-cautious US market, because it comes from recycled materials and also fully biodegradable."
Jiangxi Sanhe Science and Technology Co., Ltd. produces and distributes environmentally friendly and recyclable 'plastic wood'. This environmental product doesn't hold any toxic residues of benzene, ammonia or formaldehyde, and it's entirely environmentally friendly. This product suits flooring, ceilings, internal and external wall panels, furniture, and other urban and rural installations. The company products hold ISO9001-2000 quality certification and ISO14001-2004 environmental certification and the company received Jiangxi Province High-Tech Enterprise Certificate in 2006.
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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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SOURCE SkyBridge Technology Group Inc.
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