Asiana Corp (ASIC) 5000 Student China School Deal

BEIJING, July 31 /PRNewswire-FirstCall/ - Asiana Corporation -
www.asianacorporation.com - PINK SHEETS: ASIC - is pleased to announce that
it has signed a formal agreement to merge with a Chinese based school. The
school, located in Beijing, has a student base of 5,000 students in Beijing
and also maintains several smaller schools throughout North America.
The merger will see the issuer ASIC receiving a lump sum payment of
$400,000.00 and a majority stock position with ASIC. The buyer, Mr. XIAOHUA
GONG (Edward Gong), a Chinese national, has been on a buying spree as of late.
"Asiana is the 2nd company Mr. Gong has recently acquired a majority position
in," said Mr. Xu, Asiana's CEO. Mr. Xu added, "This transaction may see the
entire transformation of Asiana business model from the money transfer
business to this lucrative school business Mr. Gong operates."
In other corporate updates, as previously announced the issuer continues to
entertain the asset buyout proposal from a complete and a separate unrelated
party, namely, Good Life China. Good Life is seeking to assume control of the
issuer's Chinese money transfer license for their use through the acquisition
of ASIC assets. Mr. Xu in closing said, "The buyer is much better capitalized
and has the infrastructure to deliver the services available to the end user,
throughout China. For Asiana we are looking at ways to increase values for our
shareholders and both of these deals may be the missing ingredients we were
looking for."
Safe Harbor statement under the Private Securities Litigation Reform Act of
1995: Certain forward information contained in this release contains
forward-looking statements that involve risk and uncertainties, including but
not limited to, those relating to development and expansion activities,
domestic and global conditions, and market competition.

CONTACT: www.minamargroup.com/helpdesk

CONTACT: www.minamargroup.com/helpdesk

SOURCE ASIANA Corporation

www.minamargroup.com/helpdesk