Land Star Inc. (LDSR) Conducts Final Inspection for Dongfeng Motor Corporation Project

Jun 03, 2010, 11:32 ET from Land Star Inc.

WUHAN, China, June 3 /PRNewswire-FirstCall/ - Landstar Inc.'s (LDSR; http://www.landstarcorp.com) subsidiary Hubei Chuguan Industrial Co., Ltd. successfully conducted the final inspection of the project finalization for Dongfeng Motor Corporation (DFM), one of the 3 giant automakers in China.

Hubei Chuguan signed a contract with Dongfeng Motor Corporation in 2008 to install tank equipment in the company's facility. Hubei Chuguan proceeded with the installation and delivered the project on schedule in 2009. As required by the contract, the technical personnel of Hubei Chuguan rechecked the condition of the installed equipment. The inspection found the installation functioning correctly and without flaws. DFM held the final payment for the project in retention, subject to this inspection. DFM will now forward the payment to Hubei Chuguan.

Dongfeng Motor Corporation (http://www.dfmc.com.cn/info/introduce_en.aspx) is one of the 3 giant automakers in China. Its main businesses include passenger vehicles, commercial vehicles, engines, auto parts, components and equipment. In 2007 DFM produced 1,137,000 vehicles, a sales income of (Yen)164 Billion. With 121,000 employees, the company ranks 20th in TOP 500 of domestic enterprises, and 5th in TOP 500 of domestic manufacturers.

A source close to the company stated, "The equipment managers in Dongfeng Motor Company spoke highly of our company's technology and equipment. The flawless completion of this project leaves DFM with a great impression of Hubei Chuguan's abilities and know-how. A successful project completion for a company with DFM's reputation lays a solid foundation for future cooperation with this manufacturing giant. It obviously gives a great boost to our name on the oil and gas recovery market."

In other company news the company is currently in negotiations with a USA based Carbon Exchange Carbon Credit company for a potential business collaboration or even a merger. See http://www.chicagoclimatex.com and http://www.investopedia.com/terms/c/carbon_credit.asp. This project stems from the failed 3 way merger involving DDSU and VECT USA based Pink Sheet companies before their untimely demise. LDSR sees this as a great future prospect. Meetings with USA based representatives are scheduled for next week.

The company reminds its shareholders and followers to monitor PinkSheets.com Filing section and also our IR company web site section "PRESS RELEASES AND FILINGS" TAB http://www.minamargroup.net/ for non newsworthy corporate updates.

For any matters relating to retail investor queries or to send the company or its IR a message please click on the "INVESTOR SUPPORT" TAB, or the direct link http://www.minamargroup.net/helpdesk. In this regard, Mina Mar Group works diligently to answer and address all the pressing issues regarding its clients to the shareholders' satisfaction. MMG is in constant contact with the companies, addressing, obtaining and processing all inquiries. MMG is often one of the advisors or IR companies utilized by the issuer. Depending on the location of the issuer and management's availability, it may take up to several days to address any pressing issues. In a normal course of business and a pending transaction, the issuer may opt to remain silent in order not to lose advantage to a competitor. MMG is mindful that sometimes shareholders want answers immediately, which for the above reasons cannot be fulfilled on a timely basis.

Don't be a victim. Report a stock basher to authorities. The company is mindful that short sellers, the company competitors and stock bashers stalk small cap Pink Sheets listed companies with hidden agendas. Visit http://www.stockbasher.com/ and find out what criminal and civil actions the US authorities are taking against web sites and the remedies available to you as an individual investor. Discover for yourself why and how USA based small businesses and the backbone of the economy suffer. Stay informed and do not allow entrepreneurs dreams, innovations, and their access to capital to be thwarted as "scalpers" and day traders vigorously day in and day out try to exploit and extinguish US innovation and progress for quick profits.

Filings for this event are currently being reviewed and will be filed with Pink Sheets and Client Support section in due course. To be included in company's email database for press releases, industry updates, and non-weekly activity in the company that may or may not be news released, please subscribe or opt in mailer at http://www.minamargroup.com/updates.

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.

CONTACT: For any investor relations matters, please contact www.minamargroup.net/helpdesk; Investor Relations Department Inquiry, www.minamargroup.net (IR); For (M&A) and Corporate Matters, www.minamargroup.com

SOURCE Land Star Inc.