Asia Global Holdings Corporation Announces Upcoming Plan for TV Entertainment Segment; Idea Asia to Take Charge in Future Development

Asia Global Holdings Corporation Announces Upcoming Plan for TV Entertainment Segment; Idea Asia to Take Charge in Future Development

LOS ANGELES, Feb. 28 /PRNewswire-FirstCall/ -- Asia Global Holdings Corporation (BULLETIN BOARD: AAGH) announces that Idea Asia Limited (Idea Asia), a wholly own subsidiary of AAGH, will take charge of the development of the Company's TV Entertainment business segment. Mr. Dominique Ullmann, executive director of Idea Asia, leveraging his strong experience in the industry and well established business network in the region, will be in charge of the overall strategy and execution to ensure the greatest success.

"I am delighted to be on board as the executive director of Idea Asia and am excited about the opportunities ahead of us. The TV entertainment market in China is certainly dazzling. On the viewer side, research indicates that the demand for quality programs is as strong as ever. The audience will no longer settle for just the usual drama series, they now hunger for a greater variety of innovative and enjoyable entertainment programs. On the other hand, the advertising landscape in China remains fragmented, marketers are vying for suitable channels to reach the proper target segment cost effectively," stated Mr. Ullmann.

When asked about the goals and milestones of Idea Asia in 2008, Mr. Ullmann said, "Having established ourselves as a professional, international standard execution team among the industry, our first step would be to go out and acquire successful international TV formats to be broadcasted in China. In fact, this has already been underway and we expect to make meaningful progress in the near future. Secondly, we will continue to strengthen our existing relationships with major TV broadcasters to ensure effective distribution for our programs. Furthermore, we will set up a professional sales task force to actively seek advertising dollars from marketers and media buyers in order to maximize the group's revenue and shareholders' interests.

"The upcoming Olympics in Beijing is perhaps the largest media event in the history of China bringing the country to the center of the world stage, adding fuel to the already flourishing TV entertainment market. We will certainly explore various avenues to capitalize on the opportunities. With our unique role as an international team with proven industry experience in China, I am very confident that we are well positioned for success," added Mr. Ullmann.

About Asia Global Holdings Corporation

Asia Global Holdings Corporation (BULLETIN BOARD: AAGH) has a strong focus on building business in China and other emerging regions and markets in Asia and Worldwide. The Company's present subsidiaries participate in media & advertising, marketing services and TV entertainment. The Company has offices in the US, Hong Kong and China.

Asia Global Holdings Corporation Website: http://www.asiaglobalholdings.com/.

Forward-looking statements in this document are not historical fact as 'forward-looking statements' as that term is defined in the Private Securities Litigation Reform of 1995. Forward-Looking statements are not guarantees of future performance. Our Forward-Looking statements are based on trends we anticipate in our industry and our good faith estimate on the effect on these trends of such factors as industry capacity, product demand, and product pricing. These statements are also subject to risks and uncertainties beyond our reasonable control that could cause actual business and results of operations, to differ materially from those reflected in our forward looking statements. You may find all other information about Asia Global Holdings Corporation on the Securities Exchange Commission website, http://www.sec.gov/.

First Call Analyst:
FCMN Contact: transmedia@aol.com

Source: Asia Global Holdings Corporation

CONTACT: Investor Relations, +1-213-243-1503, ir@AsiaGlobalHoldings.com

Web site: http://www.asiaglobalholdings.com/

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