December 15, 2004
Largo Vista to Start Pipeline Projects
3 & 4
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Dec.
15, 2004--Largo Vista Group, Ltd. (OTCBB:LGOV) announced today
that it has signed a contract to begin construction later this
month for LPG (liquid petroleum gas) pipeline projects 3 & 4
with a private developer in the Guizhou Province (pop. 40 million).
These residential homes will be installed with western-type
gas amenities, and the company will supply LPG under an exclusive
40-year contract. LGOV has six residential pipeline projects
under various stages from construction to completion. All of
the company pipelines can handle either LPG or NG (natural
gas), which has proven to be the answer to Beijing's outlaw
of the use of coal and wood.
Ms. Denise Deng, General Manager for
Largo Vista Group China, stated, "Increased occupancy of the
sold out homes will make the company profitable. Consistency
with more growth through projects will get the attention our
shareholders want. My excitement will come from watching the
results of bringing the world's largest emerging LPG opportunity
to the U.S. market."
China has a new middle class that can afford improved living
standards. New roads, infrastructure and the construction of
new hydropower projects will continue for decades in making ground-breaking
opportunities and better lifestyles for the people of China.
Largo Vista Group, Ltd. has offices in the U.S., China and Vietnam.
For more information go to: www.largovista.com .
The forward-looking statements in this release are made pursuant
to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Actual results may differ materially due
to a variety of factors, including, without limitation, the Company's
ability to produce and market products and/or services, and other
risks detailed from time to time in the Company's reports with
the Securities Exchange Commission.
Contact:
Largo Vista Group
Investor Relations, 949-252-2180
Source: Largo Vista Group, Ltd.
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