All Asia Licensing Inc. Enters into an MOU to Acquire Assets of Lonma Enetertainment...

All Asia Licensing Inc. Enters into an MOU to Acquire Assets of Lonma Enetertainment International Co., Ltd of Beijing

BEIJING--(Business Wire)--
All Asia Licensing Inc. (Pink Sheets - "AASI", here after "All
Asia") As the bridge into and out of China, All Asia is the conduit
for investors to access the rapidly growing Chinese economy and to the
unique projects within our company. All Asia is pleased to announce
that it has entered in to a Memorandum of Understanding (MOU) with
Lonma Entertainment International Co. Ltd. ("Lonma") to acquire the
assets of Lonma, a corporation based in Beijing, China. Website:
http://www.lonmaentertainment.com.

Lonma is China's largest animation production company with clients
from Japan to Korea and a number of specialized branches and wholly
owned subsidiaries including a media company and a digital technology
company. Lonma provides one-stop animation outsourcing services to
meet the many professional demands of both overseas and domestic
clients. Lonma, one of the most influential companies in the Chinese
animation industry, is currently working with the Ministry of
Education, Ministry of Culture, State Administration of Radio and TV
(SARFT) and over 320 Chinese TV stations. Lonma has produced 3D
animation and images for movies, films, special effects, visual
effects projects, architectural effects, restoration of cultural
relics and historical sites, and product presentations.

Anthony Lee, CEO of All Asia Licensing states: "We have been
building this relationship with Lonma for some time now and we are
very excited to enter into this MOU with Lonma. The 3D animation and
online gaming industries is one of the fastest growing sectors in not
only China but the entire world. With Lonma as our partner we will be
in the forefront of this industry, propelling All Asia's profitability
while simultaneously building shareholder value."

ABOUT THE COMPANIES:

ALL ASIA LICENSING INC- Duly incorporated in the state of Nevada,
doing business internationally with a main focus on China, All Asia
acts as a bridge into and out of China. It is the conduit for
investors to access the rapidly growing Chinese economy and to the
unique projects within our company. All Asia specializes in engaging
businesses seeking to expand by assisting them in entering the vastly
complicated Chinese market place. By acquiring a controlling stake in
unique Chinese businesses, providing capital and international minded
management, All Asia enables these companies to prosper in their own
industries and compete effectively in the global market place. Working
with small to medium sized companies, All Asia assists its' unique
clients by using a comprehensive suite of services which include
business management, consulting services and business support
networks.

Lonma Entertainment International Co., Ltd- A corporation based in
Beijing, China and founded in 2004, Lonma has become one of the most
influential companies in the Chinese animation industry. Lonma has
produced 3D animation and images for many sectors including animation
movies, TV animation films, movie and TV stunts, visual effects
projects, architectural effects, restoration of cultural relics and
historical sites, planning of urban roads and bridges, and product
animated presentations. Lonma is China's largest animation production
company with a number of specialized branches and wholly-own
subsidiaries including a media company and a digital technology
company. Lonma provides one-stop animation outsourcing service to meet
the many professional demands of overseas and domestic clients alike.

FOR MORE INFORMATION, CONTACT OUR INVESTOR RELATIONS:

TEL: +1-866-575-6854

Email: ir@allasialicensing.com

SAFE HARBOR STATEMENT:

"Safe Harbor Statement" Under the Private Securities Litigation
Reform Act of 1995:

Certain statements in this Press Release are "forward-looking
statements" within the meaning of the Private Securities Litigation
Act of 1995. These statements include, without limitation, statements
concerning the impact of the settlement agreement on our future
business prospects and our ability to successfully complete the
commercialization of the Netsweeper products in China. These forward-
looking statements are based on our current expectations and beliefs
and are subject to a number of risk factors and uncertainties that
could cause actual results to differ materially from those described
in the forward-looking statements. Such risks and uncertainties
include the risk that the settlement agreement will not produce the
results we intend and all of the risks inherent in commercializing a
new product (including technology risks, market risks, financial risks
and implementation risks, as well as other risks and uncertainties
affecting the Company), included in filings with the Securities and
Exchange Commission, all of which are available at www.sec.gov. We
disclaim any intention or obligation to revise any forward-looking
statements, including, without limitation, financial estimates,
whether as a result of new information, future events, or otherwise.

All Asia Licensing, Inc.
Anthony Lee, 866-575-6854
alee@allasialicensing.com
http://www.allasialicensing.com

Copyright Business Wire 2008