Hewlett Packard (China) Awards Dragon Capital Diamond Award21 January 2006
Dragon Capital Group Corp. (OTC: DRGV), a holding company of emerging high-tech companies in China, announced that its subsidiary, Shanghai Zhaoli Technology Development Company, Limited ("Zhaoli"), has received a diamond award as one of the top distributors in 2005. The awards are granted by Hewlett Packard of China to recognize achievement by associated vendors of HP products.
Each year, Hewlett Packard of China ranks its Chinese distributors in terms of sale volume. A diamond award is granted to distributors who attain $15 million in annual sales of HP products.
Wuzhang Wang, General Manager of Shanghai Zhaoli, commented, "It is an honor to receive such a distinct award as one of the top Chinese distributors for HP products in 2005. Shanghai Zhaoli has consistently been a top distributor for HP products in the eastern part of China for the past several years. We are very eager to continue our relationship with Hewlett Packard of China to improve our performance as a distributor of HP products for years to come."
About Dragon Capital Group Corp.
Dragon Capital Group Corp (OTC: DRGV), formerly Dragon Venture, is doing business in China through its five subsidiaries. Dragon is a holding company of emerging technology companies operating in China. Dragon Capital Group, through its wholly owned subsidiary, Shanghai Dragon Venture Company Limited, manages a portfolio of member companies, offering support in the critical functions of general business consulting, formation of joint ventures, investment capital, financial management, operational management, merger & acquisition, and strategic partners. The Company's focus is on innovative technological applications, which are poised to alter the competitive landscape of the industry in China. For more information about DRGV, please visit http://www.dragoncapital.us.
Highlighted Links Dragon Capital Group Corp.
About Shanghai Zhaoli Technology Development Company, Limited
Shanghai Zhaoli Technology Development Company, Limited ("Zhaoli") is an information technology enterprise by providing innovative information technology solutions to enhance its customer's businesses. Zhaoli's customers include financial institutions, telecommunication companies, hospitals, supermarkets, airports, railway stations, and various government agencies. Zhaoli is an authorized general agent and distributor for a wide array of manufacturers, including Epson, Cannon, Hewlett Packard, Ricoh, Brother, Star and Samsung. Zhaoli has a widespread sales channel, with headquarters in Shanghai and nine additional branch locations. Zhaoli has also developed an ERS software system for enterprises to manage accounting, distribution, inventory and sales.
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 words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may" or words or 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. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, and conditions of equity markets.
Contact:
Market Solutions, LLC
Tel: 561-487-3674
Fax: 561-237-2925
Email: info@dragoncapital.us
SOURCE: Dragon Venture
Source: marketwire
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