SOURCE: EastBridge Investment Group

September 20, 2007 08:00 ET

EastBridge Investment Group Announces AREM Wines Secures a Major Distribution Channel in China

PHOENIX, AZ--(Marketwire - September 20, 2007) - EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that AREM Wines Pty, Ltd, www.aremwine.com.au, an Australian wine company in Melbourne, Australia and an EastBridge invested company, has started shipping wine to Friendship Food Co., a chain of 197 stores in Guangzhou, China, a major city north of Hong Kong.

Mr. Thomas Tang, President of AREM Wines, said, "We want to thank our Chinese distributor and all the sales people for their dedication to make this happen. As the Chinese consumer appreciates the quality and value of our Australian wine, we feel that the demand will continue to increase. In addition, AREM has recently raised close to $1,000,000 and is working to raise additional working capital to satisfy its expansion needs."

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