SOURCE: EastBridge Investment Group

October 04, 2007 11:10 ET

EastBridge Investment Group Taking Beijing Electricity Power Plant Equipment Company Public

PHOENIX, AZ--(Marketwire - October 4, 2007) - EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that it has signed a definitive listing agreement with Zhong Zhe Huang Holding Company (ZZH), a company in Beijing, China, to take it public in the U.S.

EastBridge will provide listing services to ZZH, a major coal fired ignition equipment manufacturer for electricity power plants. ZZH will be listed on the U.S. stock market as soon as practicable. ZZH sells energy saving ignition equipment to control coal consumption in power plants and has been granted several critical patents for its core technology. ZZH currently provides equipment to save fuel and lower pollution to numerous major Chinese power plants, including the one providing power to Beijing-Da Tang Electricity Company. Coal is the main source of electricity generation in China and a major source in the U.S.

Norm Klein, CFO and COO of EBIG, commented, "ZZH is our sixth listing client this year, and we are ahead of our business plan. We are now starting to develop business in India as well, and anticipate additional agreements soon."

EastBridge divides its clients into three annual revenue sizes: Growth: one-ten million dollars; Market-Niche: ten-twenty million dollars; Market-Leader: above twenty million dollars. ZZH is in the Market-Leader category.

Depending on the complexity and size of each project, EastBridge normally is compensated with anywhere from 10-25% stock ownership in the client company for the listing services provided.

EastBridge Investment Group focuses on small to medium-size high-growth companies in China and India offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in electronics, real estate, auto, metal, energy, environmental, bio science and food retail distribution. To learn more about EastBridge Investment Group go to our web site: www.EbigCorp.com. To receive EBIG's email alert, send a blank email to info@EbigCorp.com.

The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectation or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, fluctuations in foreign currency exchange, the impact of competitive services and pricing, or general economic risks and uncertainties.

Contact Information

  • Contact:

    Norm Klein
    EastBridge Investment Group Corp.
    480-966-2020
    480-966-0808 (fax)
    Email Contact

    Jack Eversull
    The Eversull Group, Inc.
    972-378-7917
    972-378-7981 (fax)
    Email Contact