SGD Holdings, Ltd. Appoints Mitch Horowitz to Its Board of Directors

Apr 27, 2001, 01:00 ET from SGD Holdings, Ltd.

    CONROE, Texas, April 27 /PRNewswire/ -- SGD Holdings, Ltd.
 (OTC Bulletin Board:   SGDD), a fully-reporting company, announced today that it
 has named Mitch Horowitz to its Board of Directors.  Mr. Horowitz is the
 Associate Publisher of the "National Jeweler" magazine.  With 18 years of
 sales and marketing experience in the jewelry industry, his background is
 extensive, and he is highly respected in his field.
     The addition of Mr. Horowitz brings a broad knowledge of various facets of
 the jewelry industry to the board of SGD.  Through his years of work in
 jewelry publishing, he has developed a wide range of contacts as well as a
 comprehensive view of the jewelry industry as it has evolved to its present
 status.  He earned his Bachelor's Degree at the University of Buffalo and is
 currently responsible for all sales activities for "National Jeweler".
     Greg Gordon, President, stated, "We are very pleased to have Mr. Horowitz
 join our board.  We believe he will play an important role in helping us
 identify acquisition targets and will assist us greatly in the consideration
 of the future expansion of our company.  His years of experience with the
 jewelry industry will extremely helpful as we execute our business plan."
 
     About SGD Holdings, Ltd.
     SGD Holdings, Ltd. sells and fulfills fine jewelry to independent retail
 jewelry stores located throughout the United States.  The Company's strategy
 is to acquire wholesale jewelry operations throughout the United States in an
 effort to consolidate what has traditionally been a highly fragmented
 business.  The wholesale jewelry business is an approximately 14 to 15 billion
 dollar industry with over 4,300 wholesalers listed.  Additionally, the Company
 is developing an e-commerce strategy that would allow its jewelry store
 merchants to order product from the Company, at wholesale rates, for immediate
 delivery to the retail stores.
     Safe Harbor Act Disclaimer:  This release contains forward looking
 statements within the meaning of Section 27A of the Securities Act of 1933 and
 Section 21E of the Securities Act of 1934 that are based upon current
 expectations or beliefs, as well as a number of assumptions about future
 events.  Although the Company believes that the expectations reflected in the
 forward-looking statements and the assumptions upon which they are based are
 reasonable, it can give no assurance that such expectations and assumptions
 will prove to have been correct.  The reader is cautioned not to put undue
 reliance on these forward-looking statements, as these statements are subject
 to numerous factors and uncertainties, including without limitation,
 successful implementation of the Company's business strategy and competition,
 any of which may cause actual results to differ materially from those
 described in the statements.  In addition, other factors that could cause
 actual results to differ materially are discussed in the Company's most Form
 10-QSB and Form 10-KSB filings with the Securities and Exchange Commission.
 
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                http://tbutton.prnewswire.com/prn/11690X13864468
 
 

SOURCE SGD Holdings, Ltd.
    CONROE, Texas, April 27 /PRNewswire/ -- SGD Holdings, Ltd.
 (OTC Bulletin Board:   SGDD), a fully-reporting company, announced today that it
 has named Mitch Horowitz to its Board of Directors.  Mr. Horowitz is the
 Associate Publisher of the "National Jeweler" magazine.  With 18 years of
 sales and marketing experience in the jewelry industry, his background is
 extensive, and he is highly respected in his field.
     The addition of Mr. Horowitz brings a broad knowledge of various facets of
 the jewelry industry to the board of SGD.  Through his years of work in
 jewelry publishing, he has developed a wide range of contacts as well as a
 comprehensive view of the jewelry industry as it has evolved to its present
 status.  He earned his Bachelor's Degree at the University of Buffalo and is
 currently responsible for all sales activities for "National Jeweler".
     Greg Gordon, President, stated, "We are very pleased to have Mr. Horowitz
 join our board.  We believe he will play an important role in helping us
 identify acquisition targets and will assist us greatly in the consideration
 of the future expansion of our company.  His years of experience with the
 jewelry industry will extremely helpful as we execute our business plan."
 
     About SGD Holdings, Ltd.
     SGD Holdings, Ltd. sells and fulfills fine jewelry to independent retail
 jewelry stores located throughout the United States.  The Company's strategy
 is to acquire wholesale jewelry operations throughout the United States in an
 effort to consolidate what has traditionally been a highly fragmented
 business.  The wholesale jewelry business is an approximately 14 to 15 billion
 dollar industry with over 4,300 wholesalers listed.  Additionally, the Company
 is developing an e-commerce strategy that would allow its jewelry store
 merchants to order product from the Company, at wholesale rates, for immediate
 delivery to the retail stores.
     Safe Harbor Act Disclaimer:  This release contains forward looking
 statements within the meaning of Section 27A of the Securities Act of 1933 and
 Section 21E of the Securities Act of 1934 that are based upon current
 expectations or beliefs, as well as a number of assumptions about future
 events.  Although the Company believes that the expectations reflected in the
 forward-looking statements and the assumptions upon which they are based are
 reasonable, it can give no assurance that such expectations and assumptions
 will prove to have been correct.  The reader is cautioned not to put undue
 reliance on these forward-looking statements, as these statements are subject
 to numerous factors and uncertainties, including without limitation,
 successful implementation of the Company's business strategy and competition,
 any of which may cause actual results to differ materially from those
 described in the statements.  In addition, other factors that could cause
 actual results to differ materially are discussed in the Company's most Form
 10-QSB and Form 10-KSB filings with the Securities and Exchange Commission.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X13864468
 
 SOURCE  SGD Holdings, Ltd.