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Sino Green Land Corporation Completes $1 Million Private Placement

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NEW YORK, NY and GUANGZHOU, CHINA--(Marketwire - August 14, 2009) - Sino Green Land
Corporation (OTCBB: SGLA), a leading distributor of high end fruits and
vegetables in China, today announced that it completed a private placement
with a group of institutional investors, led by T Squared Investments LLC
("T Squared Partners"), in the upfront amount of $1 million, along with
additional investment rights and warrants to invest another $4.9 million
into the company for growth capital purposes.

Mr. Anson Fong, Chairman of Sino Green Land, commented, "Since founding the
company in 2003, we have experienced exceptional growth due to our highly
scalable business model. In the last year alone, we achieved sales growth
of over 70%, with revenue of $73.6 million and net income of $4.6 million
for the twelve months ended December 31, 2008. We have established
ourselves as a leading distributor of high end fruits and vegetables in
China through our unique relationship with China's Ministry of Agriculture
and local municipal governments, which has allowed us to enter into
favorable long-term cooperation agreements with local farmers. We provide
these farmers with tools to increase their productivity, including higher
margin crops and technologies to increase their yield. In turn, these
long-term cooperation agreements with local farmers throughout China
provide us a steady supply of fruits and vegetables at stable prices. As a
result, we have built a sustainable and high margin distribution model. We
appreciate the support of T Squared and the other investors in this
financing, as it provides us expansion capital to accelerate our growth
plans."

Mark Jensen, Co-Founder and Portfolio Manager of T Squared Partners,
stated, "In considering our investment, we conducted extensive due
diligence and are extremely impressed with the company's operations in
China. Since its founding in 2003, Sino Green Land has demonstrated a
consistent track record of growth and increasing profitability. Sino Green
Land has a unique opportunity to become one of the largest distributors of
higher margin fruits and vegetables in China and we are pleased to support
their efforts with this infusion of growth capital."

Complete details of the private placement transaction are available on the
company's form 8-K filed with the Securities Exchange Commission on August
13, 2009. The securities sold in the private placement have not yet been
registered under the Securities Act of 1933, as amended, and may not be
offered or sold in the United States in the absence of an effective
registration statement or exemption from registration requirements. This
news release shall not constitute an offer to sell or the solicitation of
an offer to buy, nor shall there be any sale of these securities in any
state in which such offer, solicitation or sale would be unlawful prior to
the registration or qualification under the securities laws of any such
state.

About Sino Green Land Corporation

Sino Green Land Corporation is a leading agricultural distributor of high
end fruits and vegetables in the People's Republic of China. Since its
inception in 2003, Sino Green Land has grown from a small distributor of
various produce to become a large distributor of high end fruits such as:
Fuji apples, emperor bananas and tangerine oranges. In the process, Sino
Green Land has built a solid reputation, a sophisticated supply chain and a
distribution network that stretches from Beijing to Guangzhou.

About T Squared Partners

T Squared Partners is a fundamentally-oriented private investment firm
focusing on special situation and value growth oriented micro-cap public
and private companies. The Fund's philosophy is to work with companies to
enhance their shareholder value through friendly investment structures in
addition to providing industry leading strategic advice. T Squared Partners
provides its companies with capital for the following objectives: expansion
capital, working capital, acquisition capital and restructuring capital.

Safe Harbor Statement

This press release may contain forward-looking statements. Such statements
include, among others, those concerning the company's expected financial
performance and strategic and operational plans, as well as all
assumptions, expectations, predictions, intentions or beliefs about future
events. Readers are cautioned that any such forward-looking statements are
not guarantees of future performance and that a number of risks and
uncertainties could cause actual results of the Company to differ
materially from those anticipated, expressed or implied in the
forward-looking statements. The words "believe," "expect," "anticipate,"
"project," "targets," "optimistic," "intend," "aim," "will" or similar
expressions are intended to identify forward-looking statements. All
statements other than statements of historical fact are statements that
could be deemed
forward-looking statements. Risks and uncertainties that could cause actual
results to differ materially from those anticipated include risks related
to the company's ability to overcome competition in its market; the impact
that a downturn or negative changes in the price of the company's products
could have on its business and profitability; the company's ability to
simultaneously fund the implementation of its business plan and invest in
new projects; economic, political, regulator y, legal and foreign exchange
risks associated with international expansion; or the loss of key members
of the company's senior management; any of the factors and risks mentioned
in the "Risk Factors" sections of the Company's amended current report on
Form 8-K/A filed on April 24, 2009. The Company assumes no obligation, and
does not intend, to update any forward-looking statements, except as
required by law.

 

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