Asia Global Holdings Corporation to Launch China Consumer Internet Media Platform...

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Thu Jun 19, 2008 9:00am EDT

Asia Global Holdings Corporation to Launch China Consumer Internet Media
Platform in 2008; Will Reactivate Coupons Rewards & Savings in PRC

LOS ANGELES, June 19 /PRNewswire-FirstCall/ -- Asia Global Holdings
Corporation (OTC Bulletin Board: AAGH) announces that it plans to launch its
China consumer Internet media platform in 2008. Its first new online service
will be the reactivated "Coupons Rewards and Savings" coupon portal
repositioned for the China consumer market.
    The new Internet platform will serve as the Company's core online revenue
generating platform for consumer business in China. In February China
surpassed the US in total number of Internet users when the PRC online users
count hit 220 million. At year end 2007 the number of China online users had
grown 53% over the previous year according to the China Internet Network
Information Center (CINIC). Other reports indicate that monthly Internet usage
per person in China could be as much as 13 times greater than usage per person
in the US.
    With the new "Coupons Rewards and Savings" positioned for the PRC market,
the Company plans to build a solid online customer base upon which to build
future consumer services. "The emerging middle class in China will soon have a
population larger than the total population of the US, our new online platform
is an ideal vehicle to cater to this market," says John Leper, a Director of
Asia Global Holdings.
    The Company is also developing synergistic revenue channels that will
combine its new Internet platform with its other media products.
    Recently Asia Global Holdings announced the relocation of its headquarters
offices in Hong Kong and plans to open a new sales and distribution office in
Shanghai.
    About Asia Global Holdings Corporation
    Asia Global Holdings Corporation (OTC 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.
SOURCE  Asia Global Holdings Corporation

Investor Relations, +1-213-243-1503, ir@AsiaGlobalHoldings.com, for Asia
Global Holdings Corporation
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