December 05, 2006 09:00 ET

ASAP Signs Licensing Deal to Open 30 Stores in China

LOS ANGELES, CA -- (MARKET WIRE) -- December 5, 2006 -- ASAP Show, Inc. (OTCBB: ASHI) ("ASAP") announces a chance for U.S., Canadian, and European fashion brands and designers to license their properties in China.

After hosting consecutive FITS events, currently the only international brand licensing show in China, ASAP successfully negotiated a licensing deal for 30 brands. ASAP was approached by the Wuxi New World Group to find 30 brands or designers to open prototype stores or showrooms in its International Textile and Fashion Mega-Mall ("ITFM"), which is the world's largest textile and clothing distributing center with 13 million square feet of floor space.

Frank Yuan, CEO of ASAP, stated, "This exciting and fantastic deal with ITFM will help international fashion designers and brands immediately enter the China market." Yuan added, "ITFM, the master licensee, guarantees minimum per annum royalty fees of $60,000 for the first year and annual increase up to $130,000 for the fifth year." Yuan also added, "ITFM will pay for all the costs associated with store decoration, 3 airfare, all domestic travel, and hotel expenses to supervise the store construction and to see the grand opening of the store."

Consider this offer a great early Christmas gift from ASAP!

Don't pass up this opportunity to have your product in the fastest growing consumer market in the world!


ASAP Show, Inc. is a trade-show organizer that focuses on the apparel and fashion industry. ASAP produces the ASAP Global Sourcing Show twice a year (February and August) in Las Vegas, arranges multiple buying trips to production Countries in Asia such as China, Pakistan, and Bangladesh, and the FITS -- Fashion International Trade Show -- a Fashion Brand license show in China.


International Textile and Fashion Mega-Mall located in Wuxi, one hour drive from Shanghai, China. ITFM, the world's largest apparel and textile distribution center which consists of 13 million sq. ft. of showrooms and 10,000 textile and apparel manufacturers and distributors.


FITS is committed to launch international fashion, accessory and footwear brands into China -- the fastest growing consumer market in the world. FITS will provide the most cost effective way and "first entry" advantage by finding an experienced partner to act as a Master Licensee to overcome the complexity of the China distribution system.

Certain of the statements made herein constitute forward-looking statements that involve risks and uncertainties. In such instances, actual results could differ materially as a result of a variety of factors including the risks associated with the effect of changing economic conditions at home and abroad, variations in cash flow, reliance on collaborative retail partners, and on new product development, variations in new product and service development, risks associated with rapid technological change, and potential of introduced or undetected flaws and defects in products and services and other risk factors detailed in forms filed with the Securities and Exchange Commission from time to time.

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