MCLEAN, VA, Jul 26, 2006 (MARKET WIRE via COMTEX) -- Standard Holdings Group Ltd., (PINKSHEETS: SNDH), announced that sales have increased to a record level. Orders for delivery in August are approaching $500,000, a result of the company's quality and competitive efforts and the delivery of the first two new, proprietary machines. Another machine designed to Company specifications is scheduled for delivery and two others are on order. Cost-cutting, productivity gains, and competitive raw material procurement have allowed the Company to maintain its profit margins.
These sales represent more than a 50 percent increase over existing monthly volume.
These developments are expected to be augmented by the inclusion of Iodine and BZK products, for which government approval has been received after an 18 month application and review process.
This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.
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