SOURCE: EastBridge Investment Group

March 18, 2008 08:00 ET

EastBridge Investment Group Signs Tenth Client - YEWO Group Corporation

PHOENIX, AZ--(Marketwire - March 18, 2008) - EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced executing a Listing Agreement with YEWO Group Corporation, Zhejiang, China. YEWO Group is the tenth client to have signed a listing agreement with EastBridge within the past year, far exceeding the Company's expectations. EastBridge expects YEWO to qualify for listing on a primary U.S. stock exchange. EastBridge is on track to take a number of clients, including YEWO, public in the United States in 2008.

YEWO Group is a property development company that operates shopping centers in China and is expanding their business rapidly. YEWO Group is developing a new mega resort property in Jiangsu province. EastBridge will assist YEWO Group in completing the necessary SEC audit and legal requirements. YEWO Group is a stable and profitable company that has been in business for approximately ten years.

Norm Klein, CFO and COO of EBIG, commented, "We are very pleased to sign a listing agreement with YEWO Group. They are a large, profitable company and are in a growth mode. We believe that 2008 will be a very successful year for EastBridge. We plan to take a number of our clients public this year which will significantly boost EastBridge's financials. We also expect to continue bringing on new clients throughout the year."

EastBridge divides its clients into three annual revenue sizes: Growth: one to ten million dollars; Market-Niche: ten to twenty million dollars; Market-Leader: above twenty million dollars. YEWO Group is in the high 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, plus some cash fees for the listing services provided.

To view an analyst's report by Chris Gupta, CFA, senior equity stock analyst: http://www.ebigcorp.com/EBIG/Home/Ebig_Analysts_Report.pdf.

EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in electronics, real estate, auto, metal, energy, environmental, bioscience 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.

Forward-Looking Statements

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.

Contact Information

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

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