SOURCE: EastBridge Investment Group

September 25, 2007 09:59 ET

EastBridge Investment Group Announces AREM Wines Milestone of 1,000 Retail Outlets in China

PHOENIX, AZ--(Marketwire - September 25, 2007) - EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that the wine products of its 15% owned AREM Wines Pty, Ltd, www.aremwine.com.au, an Australian company located in Melbourne, Australia, are now being distributed in 1,000 Chinese retail outlets.

EastBridge Investment Group is pleased to further announce that Dr. Thomas Tang, President of AREM Wines, has agreed to become a managing director for EastBridge.

Norm Klein, COO and CFO of EBIG, remarked, "For AREM to achieve this marketing milestone in China in such a short period speaks highly of the popularity of Australian red wine in China. We expect AREM's Chinese market to grow exponentially."

Dr. Thomas Tang, President of AREM Wines, said, "We have been focusing our marketing effort in China because we see the enormous potential there. The marketing effort and the acceptance of our quality product are fueling each other."

AREM distributes its wines in Australia as well as China and Southeast Asia. Its main market, however, is China. AREM is concentrating on meeting the demands for their exclusive Australian wines from China. To learn more about AREM Wines Pty, Ltd go to: www.aremwine.com.au.

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