SOURCE: ASF Group, Inc.

January 08, 2010 15:00 ET

American Seniors Association Holding Group, Inc. Announces Board of Directors Approval for Merger and Completion of Majority Share Purchase of ASF Group, Inc. Common Stock

ATLANTA, GA--(Marketwire - January 8, 2010) - American Seniors Association Holding Group, Inc. (ASAHG) announced today it has received Board of Directors approval for the previously announced merger with the ASF Group, Inc. (PINKSHEETS: ASGP). ASAHG also announced the purchase of 18 million shares of common stock of ASGP. Pending shareholder and regulatory approval, the companies expect to complete the merger by January 29, 2010. Once the merger is completed, the public company will divest its subsidiaries, Kiosk Food Solutions, Inc. and Eddy Chans, Inc via a stock dividend.

ASGP also announced that effective immediately the current officers and directors have resigned and they have elected Jerry Barton the new President and Chairman of the Board of Directors. Mr. Barton is currently the President and CEO of the American Seniors Association Holding Group, Inc.

About ASF Group, Inc.

ASF Group, Inc. is a holding company that owns, manages and provides consultation for its two wholly-owned subsidiaries, Kiosk Food Solutions, Inc. and Eddy Chan's Inc.

Kiosk Food Solutions, Inc. licenses portable food and beverage service kiosks under the brand name, "CAFFÉ PORTA VIA" for operation in office and other commercial and government buildings in metropolitan and suburban areas. Its initial licensing is in central Florida.

Eddy Chan's Inc. is a start-up restaurant chain of high quality Chinese take-out and delivery restaurants that will operate initially in the greater Orlando, Florida market, with the long-term intent of expanding across the U.S. as a network of company-owned and franchise restaurant operations.

About American Seniors Association Holding Group, Inc.

American Seniors Association Holding Group, Inc. is the parent company of the American Seniors Association, based in Atlanta, Georgia. American Seniors Association is a membership organization that offers discounted products and services to its members throughout the United States.

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    ASF Group, Inc.
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