The groupcomprises a total of more than 25 subsidiaries and affiliated companies and itstrademark is deemed one of the most recognized

The groupcomprises a total of more than 25 subsidiaries and affiliated companies, and itstrademark is deemed one of the most recognized in China by the NationalIndustrial and Commercial Bureau. The group comprises four main operating subsidiaries, twoof which are publicly traded on the Shanghai stock exchange as Wolong RealEstate Group (SH600173) and Wolong Electric Group (SH600580). Further, I think thesuccessful implementation and management of the production side in Canada provedto Wolong our capability of delivering a first-class product in line with theirexpectations and commitments in the markets that they serve.”Wolong Holding Group was established in 1984 and primarily engages in four linesof business – manufacturing, real estate, international trading of goods, andfinancial investment. Webelieve teaming up with such an accomplished commercial group as Wolong willcertainly benefit the development of AQUAGOLD and our products in Asia now andfor the foreseeable future.”I believe that the successful delivery of our first container to China, thetremendous success of the AQUAGOLD Superface TV series, and the marketingefforts of our sales and marketing team in China have positively impactedWolong’s faith in our product and our company in China.

The contract also provides broadlanguage regarding the development of a closer, long-term cooperativerelationship between the two companies to expand AQUAGOLD’s business in Asia.”I think the signing of this new contract represents Wolong’s affirmation of thestrong operating and strategic relationship with AQUAGOLD,” states Domingo M.Silvas, III, CEO, “and that by agreeing to significantly improved terms, Wolongaffirms its trust and confidence in our new management team, which comprisesoriginal members and the new members that we have brought on board this year. According to the new contract, other AQUAGOLD products in addition tothe Company’s flagship 500 mL bottle may be distributed in the future as theCompany introduces them into the market. This contract replaces theprior contract with the same expiry date signed last year with the WolongHolding Group affiliate Shanghai Xietong International Business Co., Ltd., whichwas for a lesser amount.The new contract increased in value because of an increase in the price perbottle of AQUAGOLD and includes an additional increased costs clause to coverthe Company on an annual basis for increased costs of raw materials andshipping. Headquartered inMinneapolis, Minnesota, PowerObjects provides services to businesses,non-profit organizations and the public sector. For more information,visit SheehanPowerObjects612.339.3355Email ContactCopyright 2009, Market Wire, All rights reserved.-0-. AQUAGOLD INTERNATIONAL Announces New Sales Contract for CAD$197.5 Million WithWolong Holding Group in ChinaNEW YORK, July 20, 2009 (GLOBE NEWSWIRE) — AQUAGOLD INTERNATIONAL (PinkSheets:AQUI) announces the signing of a new sales contract for CAD$197.5 millionwith the Shanghai Wolong International Business Co., Ltd., an affiliate of theWolong Holding Group, to be a distributor of AQUAGOLD products in China, HongKong, Macao and Taiwan The new contract expires on April 1, 2016 All orderswill be made under irrevocable letters of credit.

The company is focused on extending thetechnology of Microsoft Dynamics CRM to fit the needs of the customer andapply the concept of xRM to development projects. Through the useof the PowerLaunch implementation, PowerObjects is able to bring customerslive quicker than was originally thought possible. Combine this with thefeatures like Power Dashboards and integrated maps and CRM systems bringvalue from the first day.About PowerObjectsEstablished in 1993, PowerObjects is a Microsoft Gold Certified Partnerthat specializes in Dynamics CRM. “We knew it would be tough, as we solely implement DynamicsCRM and are quickly building a bigger customer base that many Dynamics ERPpartners already have,” Sheehan added.PowerObjects is dedicated to embracing the power of choice with MicrosoftDynamics CRM and offers all deployment options available.