SGD Holdings, Ltd. Subsidiary, Ecopaper, Inc., Provides Shareholder Update

November 3, 2009

VENTURA, Calif., Nov. 3 /PRNewswire-FirstCall/ -- SGD Holdings, Ltd. (Pink Sheets: SGDH), announced today that its wholly-owned subsidiary, Ecopaper, Inc., has hired 7 new employees to focus on the growth of sales and customer care of current accounts. With product demand increasing, it was necessary to hire more people.

To prepare for customer growth, Ecopaper, Inc. has fully re-designed its website to be faster, scalable for growth, feature-rich, more user friendly and attractive.

The company is currently working on the preparation of its financial statements and plans to distribute them for viewing in the near future. "We are happy to report that the company's current operations are profitable, and we believe our potential for future revenue growth is very promising. We are strategically lining ourselves with big players, and the "green" market seems to be endless," stated Harry Johansing, President of SGD.

The company is also announcing that Ian Ratowsky has been named Creative Director of Ecopaper, Inc. Mr. Ratowsky developed the original concept for the industrial manufacture of banana, coffee, lemon, and mango natural fiber papers. He now joins his former partner, Harry Johansing, to advance Ecopaper in creating a global natural fiber paper and products corporation. Prior to joining Ecopaper, Inc., Mr. Ratowsky was the founding partner in the Costa Rica Natural Paper Company, as well as founder and CEO of an eco-based, all natural hair and body care company, also based in Costa Rica. "Mr. Ratowsky brings extensive international tree free paper experience to the company as well as experience in natural fiber procurement, paper designs, mill alliances and successful product marketing and design. He spent 8 years as President of Principal Material, S.A. where he sourced, acquired and produced proprietary chemicals for the environmental industry. We are very excited he has joined our team," stated Harry Johansing.

About Ecopaper, Inc.

Ecopaper, Inc. is the first company in the history of the paper industry to create and market treeless paper of a superior quality. Every page of Ecopaper is smooth, acid-free, durable, chemical-free, and made in Costa Rica. Ecopaper, Inc. has developed an innovative and economically feasible option for the removal of 230,000 tons of agro-industrial waste that are dumped yearly in Costa Rica alone. The company's challenge is to invent new processes and create paper from exotic tropical fibers from waste materials in new textures and tones for consumers. The results of processing these exotic tropical fibers are items that both appeal to the consumer and positively impact the environment.

About SGD Holdings, LTD.

SGD Holdings, LTD. Is a holding company which owns and operates through its wholly-owned subsidiary, Ecopaper, Inc. (www.ecopaper.com). Its goal is to acquire new technologies which can positively impact the environment either though internal development or by acquisition.

Safe Harbor Act Disclaimer

Forward-looking statements in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell the securities.

SOURCE SGD Holdings, Ltd.