SOURCE: Asia Electrical Power International Group, Inc.

March 11, 2008 09:15 ET

Asia Electrical Power Announces Over $3 Million in Foreign Market Orders

New Orders Represent Company's Initial Penetration Into Foreign Markets

LAS VEGAS, NV--(Marketwire - March 11, 2008) - Asia Electrical Power International Group, Inc. (OTCBB: AEPW) ("Asia Electrical"), a leading manufacturer of secondary electrical power systems in China, today announced it has received over $3 million in orders from new foreign customers during the month of January.

The orders represent the Company's initial breakthrough into foreign markets. With the recent opening of their new 330,000 sq. ft. state-of-the-art manufacturing facilities, Asia Electrical is now able to expand aggressively in both domestic and international markets.

"In our previous facilities we were hindered by our capacity and could not aggressively pursue foreign sales," commented Yulong Guo, Asia Electrical Power's Chairman and Chief Executive Officer. "These initial orders represent an increase of over 155% from the total revenues generated in all of first quarter 2007 and confirm the level of demand for our products internationally. We are looking forward to increasing our market share in international markets now that we have the manufacturing capacity to meet both the anticipated domestic and international growth in demand."

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About Asia Electrical Power

Asia Electrical Power International Group, Inc., through its wholly-owned subsidiary Asia Electrical Power Co. Ltd., is a leading manufacturer of secondary electrical power systems in China. The Company is a high technology enterprise dedicated to manufacturing the finest components in secondary electrical power systems, such as cabinet-type electric substations, outdoor switching-mechanisms, cable feeder pillars and switching elements, and to becoming a leading global player in the sales of high, medium and low voltage, complete-set equipment. The Company has a proven track record of robust growth and a promising outlook for substantial earnings growth through expanded market penetration as well as investment in the exploding electrical power industry sector throughout China, elsewhere in Asia and beyond to the Americas. For additional information, please visit

Forward-looking statement: Except for the historical information, the matters discussed in this news release may contain forward-looking statements, including, but not limited to, factors relating to future sales. These forward-looking statements may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, uncertainties in product demand, the impact of competitive products and pricing, changing economic conditions around the world, release and sales of new products and other risk factors detailed in the company's most recent annual report and other filings with the Securities and Exchange Commission.

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