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EcoFriends Receives Order from Wal-Mart

SGD Holdings, Ltd. (Pink Sheets:SGDH), owner of premier environmentally friendly paper manufacturer EcoPaper, Inc. today announced that, during the final phases of SGD Holdings, Ltd.'s pending acquisition of EcoFriends, Wal-Mart Latin America placed an order with EcoFriends in excess of $100,000. EcoFriends will be supplied tree paper from EcoPaper, Inc. The product is expected to ship in mid July of 2010.

SGD Holdings, EcoPaper, Inc. and EcoFriends are currently undergoing audits by PCAOB-compliant auditors to ensure that full disclosure and reporting are forthcoming.

"This marks an exceptional quarter of growth for SGD Holdings," said Harry Johansing, CEO of SGD Holdings, Ltd. "Our process of acquiring the assets of EcoFriends is already proving itself to be an outstanding revenue source and also illustrates our integrity as a company. It is rewarding on so many levels when global corporations such as Wal-Mart identify the validity and importance of our business model, and bring our products to their customers."

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