Sino Green Land Achieves 34% Revenue Growth for the 6 Months Ended June 30, 2009

NEW YORK, NY and GUANGZHOU, CHINA--(Marketwire - August 17, 2009) - Sino Green Land
Corporation (OTCBB: SGLA), a leading distributor of high-end fruits and
vegetables in China, today reported financial results for the second
quarter and six months ended June 30, 2009.

Mr. Anson Fong, Chairman, stated, "Since founding our company in 2003, we
sought to build an efficient and scalable platform for the distribution of
high-end fruits and vegetables across China, and believe that our compound
annual growth rate of over 70% in the last three years alone is indicative
of our success. We achieved this growth through the establishment of
co-operative structures with farmers across China that enable us to lock in
guaranteed supply by providing them an outlet for their produce. We also
provide these farmers with valuable support, such as introducing new fruit
species, providing technologies to help increase crop yield, and supporting
the use of eco-friendly and human safe pesticides and fertilizers."

"The second component of our strategy was to leverage our expertise to
build out our distribution channels. We distribute products in two large,
key markets: the Guangzhou YunCheng wholesale market, which has an annual
apple sales volume of over 250,000 tons; and the Beijing Xinfadi wholesale
market, which has an annual apple turnover of approximately 300,000 tons.
In addition, we currently focus on three key high end products that include
Fuji apples, emperor bananas and tangerine oranges. We chose these fruits
due to the strong and growing demand for these premium items. For
instance, Fuji apples are currently sold at a rate of 27 million tons per
year in China. We plan to further diversify our revenue and enhance
profitability through expanded distribution as well as increased exports of
higher margin premium fruits."

"China's Ministry of Agriculture is committed to increasing the
availability of environmentally friendly and healthy food, and provides
support to agricultural companies through its subsidiary, the China Green
Food Association. China's Ministry of Agriculture has invested significant
capital since 1990 to create official green food standards, and there are
now over 6,000 association members that have reached these standards on
over 17,000 food items. As a council member of the China Green Food
Association, Sino Green Land is uniquely positioned to distribute green
food products for the association's members, providing us direct access to
expand into the green food arena, a category of healthy and environmentally
friendly foods whose price points are 15-20% higher than conventional
produce in China. We view this as a new source of high margin revenue
growth going forward."

"We experienced severe weather patterns in the first quarter of 2008, which
deferred a high portion of our sales to the second quarter of 2008. As a
result, our year-over-year growth rate for the six months ended June 30th
was more representative of our overall performance than the second quarter
alone. We are pleased to report revenue growth of 34% for the six months
ended June 30, 2009 versus the same period last year. Looking ahead, we
plan to maintain strong double-digit revenue growth and further enhance our
margins, while continuing to generate very strong cash flow. We are
extremely excited about the near and long-term opportunities for the
company, and look forward to maximizing value for our shareholders, given
our new status as a public company in the U.S."

Revenue for the three months ended June 30, 2009 was $21.8 million, as
compared to $22.2 million for the three months ended June 30, 2008. Gross
profit was $2.4 million for the three months ended June 30, 2009, as
compared to $2.5 million for the three months ended June 30, 2008,
representing gross margin of approximately 11.0% and 11.4%, respectively.
Net income for the three months ended June 30, 2009 was $1.6 million, or
$0.02 per diluted share, compared to net income of $1.7 million for the
same period last year, prior to the company's reverse merger.

Revenue for the six months ended June 30, 2009 was $40.3 million, as
compared to $30.0 million for the six months ended June 30, 2008. Gross
profit was $4.5 million for the six months ended June 30, 2009, as compared
to $3.6 million for the three months ended June 30, 2008, representing
gross margin of approximately 11.2% and 11.9%, respectively. The decline in
gross margin year-over-year was due to the pre-payment of certain sales
commissions during the first six months of 2009 that were not paid out in
the comparable period in 2008, but rather in the second half of 2008. Net
income for the six months ended June 30, 2009 was $1.9 million, or $0.02
per diluted share, compared to net income of $2.4 million for the same
period last year, prior to the company's reverse merger. Net income for
the six months ended June 30, 2009 included approximately $0.8 million of
one-time expenses related to the reverse merger that took place in the
first quarter of 2009.

As of June 30, 2009, the company had cash and cash equivalents of $627,605
and shareholders' equity of $17.8 million.

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.

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.

CONSOLIDATED BALANCE SHEETS
AS OF JUNE 30, 2009 AND DECEMBER 31, 2008
(UNAUDITED)

June 30, December 31,
2009 2008
------------ ------------
ASSETS
Current Assets
------------ ------------
Cash and cash equivalents $ 627,605 $ 544,860
------------ ------------
Accounts receivable, net 225,852 200,731
------------ ------------
Advances to suppliers 485,344 497,568
------------ ------------
Due from related parties 241,574 352,799
------------ ------------
Inventories 15,501 16,931
------------ ------------
Other current assets 333,929 58,046
------------ ------------
Total Current Assets 1,929,805 1,670,934
------------ ------------

------------ ------------
Property and Equipment, net 99,841 139,765
------------ ------------
Long-term Prepayments 18,891,915 16,258,707
------------ ------------
Total Assets $ 20,921,561 $ 18,069,406
------------ ------------

LIABILITIES AND SHAREHOLDERS’ EQUITY

Current Liabilities

Accounts payable and accrued expenses $ 2,087,064 $ 1,529,787
------------ ------------
Advances from customers 48,739 56,443
------------ ------------
Due to related parties 384,501 129,444
------------ ------------
Due to shareholders 105,047 -
------------ ------------
Convertible debenture 483,494 313,627
------------ ------------
Total Current Liabilities 3,108,846 2,029,300
------------ ------------

Shareholders’ Equity
------------ ------------
Preferred stock, $0.001 par value, 20,000,000
shares authorized, 0 shares issued and
outstanding as of June 30, 2009 and December 31,
2008 - -
------------ ------------
Common stock, $0.001 par value, 780,000,000
shares authorized, 87,480,593 and 81,648,554
issued and outstanding as of June 30, 2009 and
December 31, 2008 87,481 81,649
------------ ------------
Additional Paid-in capital 5,413,520 5,419,351
------------ ------------
Other comprehensive income 908,745 1,075,973
------------ ------------
Retained earnings 11,402,970 9,463,134
------------ ------------
Total shareholders’ equity 17,812,716 16,040,107
------------ ------------

------------ ------------
Total Liabilities and Stockholders’ Equity $ 20,921,561 $ 18,069,406
------------ ------------

CONSOLIDATED STATEMENTS OF INCOME AND OTHER COMPREHENSIVE INCOME
FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2009 AND 2008
(UNAUDITED)

Three Months Ended June 30, Six Months Ended June 30,
-------------------------- --------------------------
2009 2008 2009 2008
------------ ------------ ------------ ------------
Net sales $ 21,775,636 $ 22,168,860 $ 40,306,199 $ 30,011,571
------------ ------------ ------------ ------------

------------ ------------ ------------ ------------
Cost of goods sold 19,389,024 19,648,340 35,796,603 26,441,705
------------ ------------ ------------ ------------

------------ ------------ ------------ ------------
Gross profit 2,386,612 2,520,520 4,509,596 3,569,866
------------ ------------ ------------ ------------

------------ ------------ ------------ ------------
Operating expenses
------------ ------------ ------------ ------------
Selling expenses 838,796 305,668 1,237,851 526,474
------------ ------------ ------------ ------------
General and
administrative
expenses 372,528 537,898 1,309,480 628,218
------------ ------------ ------------ ------------
Total operating
expenses 1,211,324 843,566 2,547,331 1,154,692
------------ ------------ ------------ ------------

------------ ------------ ------------ ------------
Operating income 1,175,288 1,676,954 1,962,265 2,415,174
------------ ------------ ------------ ------------

------------ ------------ ------------ ------------
Other income
(expense)
------------ ------------ ------------ ------------
Interest income
(expenses), net - (2,027) (22,500) (1,650)
------------ ------------ ------------ ------------
Beneficial
conversion feature
expense 125,000 - - -
------------ ------------ ------------ ------------
Others, net 284,320 (453) 72 (453)
------------ ------------ ------------ ------------
Total other income 409,320 (2,480) (22,428) (2,103)
------------ ------------ ------------ ------------

------------ ------------ ------------ ------------
Net income 1,584,608 1,674,473 1,939,837 2,413,070
------------ ------------ ------------ ------------

------------ ------------ ------------ ------------
Other comprehensive
income (loss)
------------ ------------ ------------ ------------
Foreign currency
translation gain
(loss) (140,287) 90,995 (167,228) 122,505
------------ ------------ ------------ ------------

------------ ------------ ------------ ------------
Comprehensive
income $ 1,444,322 $ 1,765,469 $ 1,772,609 $ 2,535,576
------------ ------------ ------------ ------------

------------ ------------ ------------ ------------
Net income per
share
------------ ------------ ------------ ------------
Basic $ 0.019 $ 1.005 $ 0.023 $ 1.448
------------ ------------ ------------ ------------
Diluted $ 0.018 $ 1.005 $ 0.023 $ 1.448
------------ ------------ ------------ ------------

------------ ------------ ------------ ------------

Weighted average
number of shares
outstanding
------------ ------------ ------------ ------------
Basic 85,466,388 1,666,297 84,396,563 1,666,297
------------ ------------ ------------ ------------
Diluted 86,017,744 1,666,297 84,947,919 1,666,297
------------ ------------ ------------ ------------

CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE SIX MONTHS ENDED JUNE 30, 2009 AND 2008
(UNAUDITED)

June 30,
2009 2008
----------- -----------
Cash flows from operating activities
Net income $ 1,939,837 $ 2,413,070
Adjustments to reconcile net income to net cash
provided by operating activities
Depreciation 42,088 40,484
Amortization 423,991 137,975
Decrease / (Increase) in current assets
Accounts receivable (25,338) (51,182)
Inventories 1,410 15,828
Advances to suppliers 11,658 (30,475)
Other current assets (275,851) (95,741)
Increase in current liabilities
Accounts payable & accrued exp (422,913) (115,096)
Advances from customer (7,638) 48,602
Tax payables 1,031,302 (473)
Other payables (29,234) 346,549

Net cash provided by operating activities 2,689,314 2,709,542

Cash flows from investing activities
Acquisition of plant, property, and equipment (2,336) (3,771)
Increase in long-term prepaid expense (3,074,581) (3,046,707)
Net cash used in investing activities (3,076,917) (3,050,477)

Cash flows from financing activities
Due to related parties 471,016 (79,647)
Short term loan - 399,362
Net cash provided by (used in) financing
activities 471,016 319,716

Effect of exchange rate change on cash and cash
equivalents (668) 22,329

Net increase in cash and cash equivalents 82,745 1,110

Cash and cash equivalents, beginning balance 544,860 443,046
Cash and cash equivalents, ending balance $ 627,605 $ 444,156