Land Star Inc. (LDSR) Closes Zhuhai Deal

WUHAN, China, March 18 /PRNewswire-FirstCall/ - Landstar Inc.'s (LDSR; http://www.landstarcorp.com) subsidiary Hubei Chuguan Industrial Co., Ltd. announces that the company finalized a new contract in Zhuhai.

Hubei Chuguan Industrial Co. Ltd. (LDSR) has signed a contract with Zhuhai Zhonghua Gree (Group) Corporation. The contract in 6 figure ranges binds Hubei Chuguan to deliver and install vital accessories and equipment for the oil industry, mainly company's mechanical filters used in oil and gas storage and transportation. Zhuhai Zhonghua Gree (Group) Corporation will use the accessories in their oil construction projects in Zhuhai City. http://www.answers.com/topic/zhuhai-gree-group-corporation

The Marketing Director of Hubei Chuguan, Long Zegui, said, "Our sales force has been doing great a job marketing Hubei Chuguan products, services and know-how. We have a solid influx of new contracts and potential opportunities on the market, as China's need for oil increases. Also, each well-executed contract means new important connections in the petrochemical industry, and that's why we go beyond our customer's expectations - because satisfied customers return and bring more opportunities. We look forward to satisfing our customers, bringing more value into LDSR, and increasing value for our investors."

In other company news, the LDSR merger plans are progressing well. The company should be able to advise the markets shortly.

Founded in the 1990s, Hubei Chuguan Technology Co. manufactures Vapor Recovery Units for the Chinese petrochemical industry, minimizing petrochemical evaporation that occurs during the transfer of volatile petrochemical fluids. The company installs its own patented vapor recovery technology to storage terminals and filling stations. The company holds 5 patents and ISO9001 certification for its products, cooperating with Chinese oil giants such as PetroChina and Sinopec.

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Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of LandStar Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. LandStar Inc. cautions you that any forward-looking information provided by or on behalf of LandStar Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. LandStar Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond LandStar Inc.'s control. In addition to those discussed in LandStar Inc.'s press releases, public filings, and statements by LandStar Inc.'s management, including, but not limited to, LandStar Inc.'s estimate of the sufficiency of its existing capital resources, LandStar Inc.'s ability to raise additional capital to fund future operations, LandStar Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match LandStar Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. LandStar Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

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SOURCE Land Star Inc.