Asia Global Holdings Corporation Announces New TV Entertainment Contract with 2waytraffic; Company will Introduce 'Silent Library' in China

Asia Global Holdings Corporation Announces New TV Entertainment Contract with 2waytraffic; Company will Introduce 'Silent Library' in China

LOS ANGELES, Mar 24 /PRNewswire-FirstCall/ -- Asia Global Holdings Corporation (BULLETIN BOARD: AAGH) announces that Idea Asia Limited (Idea Asia), a wholly-owned subsidiary of AAGH, has signed a contract with 2waytraffic for the exclusive right of presenting the TV show "Silent Library" in China.

2waytraffic is listed on the AIM of the London Stock Exchange and is a leading international developer and exploiter of interactive entertainment content for television, mobile and digital platforms with an unrivaled catalog of over 200 high quality entertainment formats including "Who Wants To Be A Millionaire?", "Brainiest", "Mr & Mrs", "Take It Or Leave It", "You Are What You Eat", and "That's The Question". With its headquarters in Hilversum, the Netherlands, 2waytraffic has rapidly grown in the last two years and now oversees activities in more than 60 countries worldwide.

"Silent Library" was created by Japanese comedian Hitoshi Matsumoto in 2001 as part of NTV's, hugely popular variety show, "Downtown no Gaki no Tsukai ya Arahende". It has already won an international cult following through fans posting their favorite moments on file-sharing websites.

"Silent Library" takes place in a library setting where a team of players perform pranks and punishments on each other whilst having to remain as silent as possible. No matter how unpleasant the challenge is, the contestant isn't allowed to yelp or shout or make any noise no matter how funny it is, his friends mustn't laugh. Originally just a ten minute segment, "Silent Library" has now been successfully reworked into a thirty minute prime time format, in which players are split into two teams and must compete against each other in a battle to see which team can get through their challenges while making the least noise.

Ed Louwerse, Managing Director of 2waytraffic International said: "Idea Asia have proved themselves to be a content producer of the highest quality, and I am delighted to be enhancing our relationship with them through these deals and harnessing their ability and expertise for more of our formats in the Chinese market."

"We are confident at Idea Asia that this new and entertaining 2waytraffic format originally from Japan will be a success with the Chinese audience. This is certainly an exciting new development step with our already established collaboration with 2waytraffic and we are looking forward to develop it even further," added Dominique Ullmann, Executed Director of Idea Asia.

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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