SAN CARLOS, Calif., June 14, 2011 (GLOBE NEWSWIRE) -- Sinobiomed Inc.,
an e-commerce facilitator d/b/a Sitoa Global Inc., (OTCQB:STOA) (the
"Company"), today announced that it will enter the Philippine consumer
market with the launch of ShopShipUSA, a social e-commerce site focused
on Filipino online shoppers looking to purchase branded U.S. or
European luxury items. ShopShipUSA will partner with LBC, one of the
largest freight carriers in the Philippines, to market the site which
will allow Filipino retail customers to purchase branded, U.S. or
European made premium goods and have those items shipped to them
directly via LBC's balikbayan service.

A balikbayan is a low cost shipping method. Interestingly, the
Balikbayan box started in the Philippines with a law enacted by former
Philippine President, Ferdinand Marcos, during the 1980s when there was
a resurgence of Filipinos working overseas who often needed to ship
things back home. Against this backdrop, the balikbayan was established
and today, the Philippine Bureau of Customs Circular still allows the
entry of personal goods into the Philippines from Filipinos overseas,
tax free. There are an estimated 10 million Filipinos living overseas
or about 11% of the total population of the Philippines. The largest
overseas group of Filipino nationals of 2.8 million live in the United
States, while the size of the Filipino American community, including
U.S. citizens, is estimated to be 4 million by the U.S. State
Department.

"With ShopShipUSA's online balikbayan, consumers in the Philippines and
abroad can now shop online and ship items directly to an address in the
Philippines, making branded, U.S. or European luxury items just a click
away," advised Cal Lai, the Company's President and CEO. He continued,
"ShopShipUSA is designed to give Filipino customers great access to the
products they desire, as typically, these branded luxury items are
available in the Philippines only at much higher prices than in the
United States. For U.S. retailers, we believe ShopShipUSA offers
immediate access to an underserved international market by allowing
U.S. sellers to gain easy exposure to a new and enthusiastic customer
base seeking quality products at favorable prices. It's a win-win
situation that we think will demonstrate great results in the months to
come as the Company rolls out its ShopShipUSA e-commerce solution to
international retailing."

To make ShopShipUSA as affordable as possible for consumers, shipments
will even be consolidated into a balikbayan box, whether single or
multiple items are purchased, with LBC ready to ship and deliver to any
Philippine address. For U.S. retailers, no change to their current
fulfillment operations is needed as they will ship to ShopShipUSA's
domestic U.S. address where all packages will be inspected, re-labeled
with the Philippines addresses and consolidated into large, wholesale
balikbayan boxes for delivery to the Philippines.

ShopShipUSA will be promoted on LBC's corporate website as well as in
its storefronts. The Company expects that its ShopShipUSA service will
be available in the summer of 2011.

About Sinobiomed Inc. (d/b/a Sitoa Global Inc.)

The Company is an e-commerce facilitator that seeks to enable the next
big thing in e-commerce by building and managing leading online
marketplaces that integrate online retailers with targeted customers
groups interested in their product offerings. The Company's efforts
target the growth of e-commerce, media and social networking through
strategic transactions. The Company's goal is to provide infrastructure
that builds online "e-malls" for retailers designed to attract focused
customer communities as part of a social marketplace that expands
retail sales channels without the risks of focus dilution and increased
capital and operating costs. As part of its revenue model, the Company
shares in revenues generated by the marketplace sites in addition to
charging one-time integration and hosting fees.

About LBC

Luzon Brokerage Corporation was founded in the 1950's as a brokerage
and air cargo agent. Eventually, the company operated as an air cargo
forwarding service provider and was the first to introduce the 24-hour
air cargo delivery service. LBC soon became a respected leader,
offering fast and reliable Express Courier and Money Remittance
services throughout the Philippines. Today, LBC offers the widest
coverage and network with over 800 strategically located branches
nationwide and over 90 branches abroad.

Safe Harbor Statement

This release contains certain "forward-looking statements" relating to
the business of the Company and its subsidiary companies. All
statements, other than statements of historical fact included herein
are "forward-looking statements" including statements regarding: the
ability of the Company to successfully provide the integration and
hosting services to ShopShipUSA, and share in the revenues generated by
the site; the ability of ShopShipUSA and LBC to successfully market the
site to Filipino nationals; the business strategy, plans, and
objectives of the Company and its subsidiaries; and any other
statements of non-historical information. These forward-looking
statements are often identified by the use of forward-looking
terminology such as "believes," "expects" or similar expressions and
involve known and unknown risks and uncertainties. Although the Company
believes that the expectations reflected in these forward-looking
statements are reasonable, they do involve assumptions, risks, and
uncertainties, and these expectations may prove to be incorrect.
Investors should not place undue reliance on these forward-looking
statements, which speak only as of the date of this news release. The
Company's actual results could differ materially from those anticipated
in these forward-looking statements as a result of a variety of
factors, including those discussed in the Company's periodic reports
that are filed with the Securities and Exchange Commission and
available on its website (http://www.sec.gov). All forward-looking
statements attributable to the Company or persons acting on its behalf
are expressly qualified in their entirety by these factors. Other than
as required under the securities laws, the Company does not assume any
duty to update these forward-looking statements.


CONTACT: Christian Kirsebom
         Tel (925) 927-6666