HONG KONG, Jan. 9, 2006 (PRIMEZONE) -- FP Group, Ltd. (Pink Sheets:FPGR) ("FPG" or the "Company") announced today that it has set up a division of the Company dedicated to a trading business. A trading business is one that sources items for its clients. In the past, the Company has sourced merchandise that related to printing and packaging. The new division will source items which are used for promotional purposes and hard-to-find items. The trading division of FPG will bring new clients to the Company. Once an item is sourced through the trading division, the Company will service the packaging and printing needs of those products and customers.
FPG continues to take advantage of the explosive economic growth in the Peoples Republic of China. FPG Chairman and CEO Leo Wong stated, "Our new division should increase our business by 30% to 40% in 2006. It will not only bring in new customers but will increase sales to existing ones. In the past, part of our business has come to us from outside trading companies. It was only logical that we enter that business segment." Mr. Wong added, "We are continuing on our growth path and will continue to build a full service logistics, printing and packaging company. We are uniquely positioned to accommodate new business from companies who want to conduct business in China."
About FP Group, Ltd.
FPG is a Peoples Republic of China-based company providing a full range of logistical management in the printing and packaging industry. FPG provides a one-step service including consultation, design, sourcing, printing, assembly and delivery of packaging needs. FPG's products include items for which they hold design patents in the PRC. For more information, please visit our corporate website at www.fpgroup.com.hk.
FPG is continually developing new design and packaging concepts. Growth of FPG will come from additional business with its current customer base and attracting new customers as a result of the services and products they offer. FPG intends to take advantage of its market position by seeking other firms for the possibility of merger or acquisition.
Statement under the Private Securities Litigation Reform Act:
With the exception of the historical information contained in this release, statements above describing objectives or goals or our future plans are forward-looking statements and are subject to certain risks and uncertainties, including among other factors the ability of FPG to increase revenues in the future, the ability to maintain a positive cash flow, and the ability to retain existing customers and obtain new customers, its ability to create and market new packaging concepts, the printing and packaging business in general, future governmental regulation as well as other factors which could cause actual results or revenues to differ materially from those contemplated by these statements.