Symax Lift Holding Co. Ltd. ("Symax" or the "Company") (TSX VENTURE:SYL), an
assembler and manufacturer of elevators and escalators, has entered into an
agreement with Vietnam Petroleum and Chemical Group ("VPCG") to manufacture and
install 4 high speed elevators for the 27 storey Vietnam Twin Towers of Marine
Science and Technology Building located in Rong City of Nghe An Province,
Vietnam, valued at approximately CAD$200,000. Delivery is expected to be
completed in September, 2010. VPCG is one of the largest state owned companies
in Vietnam.


"We are extremely pleased to have our products selected by VPCG and to export
our elevators to Vietnam for the first time. We look forward to exporting more
of our elevators throughout Southeast Asia, in addition to the many European
countries Symax already exports to." said Xiaoyan (Sabrina) Zhang, Symax's Chief
Executive Officer.


About Symax Lift (Holding) Co. Ltd.

Symax is in the business of the development, manufacturing, and sale of
elevators, as well as the provision of after-sales services in China and
worldwide. Symax's products and services are classified into two separate
offerings: first, a main line of standardized products which include passenger
elevators, goods/freight elevators, villa elevators, panorama elevators,
hospital elevators, residential and commercial escalators and moving walkways;
and, secondly, customized elevator products.