Thursday, April 9, 2009

$20 Million S. Korean Sales!

Golden Dragon Holdings, Inc. $20 Million S. Korean Sales Outsourcing Joint Venture Agreement

Golden Dragon Holdings, Inc.www.gdfbhk.com, today proudly announces the execution of a sales outsourcing joint venture agreement with S. Korean Jin Young Board Sales Co., Ltd. Under this JV agreement KJYBS will manage all the sales and distribution of GDHI's product line for the South Korean Market. This is a five year JV agreement, which is estimated to generate sales revenue of $20,000,000USD.

Mr. Frank Yglesias CEO stated, "It's an immense gratification to begin to release the highly anticipated details of our business strategies and alliances in the Asian Pacific Rim. The South Korean market has been on our radar for some time now; and we have finally found a partner in this area that has the experience, drive and commitment to market and sell our products in S. Korea. Now, we will have the presence without bearing the operating expense in opening a new emerging market." He concluded by stating, "As we forge this strategic alliance, and set forth our sales and operations plan we will keep our shareholders informed of this JV agreement in the months to come."

About S. Korean Jin Young Board Sales Co., Ltd.

KJYBS has a dedicated sales outsourcing division of highly skill sales associates and a lead generating data department. Unlike independent sales representatives, who generally carry multiple lines of products and services, KJYBS focuses on your company's products and services by placing a dedicated team of sales associates at your service. This dedicated approach is proven to grow market shares, increase sales revenue, and generate new business opportunities in a more efficient manner.