IGS Capital Group Ltd. (IGSC)

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Sancon Resources Recovery to Present at Rodman Renshaw Conference on Wednesday November 12, 2008
Tuesday November 4, 8:00 am ET

SHANGHAI, China--(BUSINESS WIRE)--Sancon Resources Recovery, Inc. (OTCBB:SRRY - News) (or “Sancon”), a rapidly growing environmental services and waste recycling company with operations in both China and Australia, announced today that its chief executive officer Mr. Jack Chen will present at Rodman & Renshaw Annual Global Investment Conference in New York City on Wednesday, November 12, 2008 at 3:40 p.m. at New York Palace Hotel in the Garrison Salon (5th Floor).

Rodman & Renshaw Annual Global Investment Conference features interactive presentations and one-on-one meetings with executives from healthcare, steel, metals & mining, energy, Asia & growth and SPAC sectors. Attendees include corporate executives, fund managers and institutional investors. Please visit http://rodm.com/conferences?id=27 for details.

The Company previously announced preliminary 2008 third quarter results. The Company generated record 2008 third quarter revenue of $3.86 million, a 204% increase compared to $1.27 million in the 2007 third quarter. Gross profit increased to $1.83 million compared to $0.41 million in the third quart 2007. Gross margin increased from 32.6% in the 2007 third quarter to 47.4% in the 2008 third quarter. 2008 third quarter net income was $0.46 million, or $0.02 per share, compared to $0.08 million, or $0.00 per share in the year ago period.
The company will announce complete results in mid-November and to hold a conference call at that time.

About Sancon Resources Recovery Inc
Sancon Resources Recovery, Inc. is an environmental service and waste management company that operates recycling facilities in China and Australia. Sancon specializes in the collection and recovery of industrial and commercial solid wastes such as plastic, paper, cardboard, and glass. The recycled materials are re-used by Sancon's manufacturing customers in China to make a wide variety of new products including outdoor furniture, construction materials, building materials, road surface, and various new products. Sancon's China operation is licensed by the Chinese government for waste management services, and is certified with ISO9001 and ISO14001 standards. For more information please visit: www.sanconinc.com

Forward-looking statements:
The statements made in this press release, which are not historical facts, may contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.

Contact:
Sancon Resources Recovery, Inc.
Jack Chen, [phone] (CEO)
[e-mail]