Symax Lift (Holdings) Co. Ltd. (TSX VENTURE:SYL) ("Symax" or the "Company"), a
developer and manufacturer of elevators, escalators and chairlifts with a
manufacturing base in China, is pleased to announce that it has won four big new
contracts to supply, install and service its Dingtai and new Green elevators. 


The four contracts represent approximately $1.9 million in revenues and
deliveries are expected before the end of September 2013. Among the four
contracts, three are for housing projects in Jiangsu Province and one is for a
housing project in Heilongjiang Province. 


"We are pleased to announce these contracts which included sales of both our
elevator products to government as well as private housing projects," stated Ms.
Sabrina Zhang, CEO of Symax. "These contracts again represent the resilience of
the demand for elevators in China in particular in the sectors of government
housing and tier 2 and 3 city residential developments."


About Symax Lift Holdings 

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; 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 customized elevator products.


This news release contains certain statements that may be deemed
"forward-looking statements". Forward-looking statements are statements that are
not historical facts and are generally, but not always, identified by the words
"expects,", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or conditions
"will", "would", "may", "could" or "should" occur. Although the Company believes
the expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance
and actual results may differ materially from those in forward-looking
statements. Forward-looking statements are based on the beliefs, estimates and
opinions of the Company's management on the date the statements are made. The
Company undertakes no obligation to update these forward-looking statements,
except as required by law, in the event that management's beliefs, estimates or
opinions, or other factors, should change. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Skyone International Securities Corporation
Michael Zheng
416.268.6178
michael.zheng@skyoneisec.com


Symax Lift Holdings
Mary Ma
CFO
604.277.6678
info@symax.ca