SOURCE: EastBridge Investment Group

November 28, 2007 08:00 ET

EastBridge Investment Group to Increase Its Investment in Rhino Two Horns

PHOENIX, AZ--(Marketwire - November 28, 2007) - EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that it has signed an agreement making an additional investment commitment in Rhino Two Horns Sdn. Bhd, Malaysia (RTHM). This supersedes the previous investment agreement between the two companies.

Under the terms of the agreement, EastBridge will issue up to 5,000,000 restricted EBIG common shares in exchange for a 15% stake in Rhino Two Horns, depending on the bilateral valuations of the shares exchanged. EastBridge's new investment plan is based on the accomplishments Rhino Two Horns Sdn. Bhd, Malaysia has achieved recently with its success in selling to 856 7-Eleven stores in Malaysia. Rhino has also begun to distribute its drinks in India, Australia and New Zealand.

Rhino Two Horns, based in Malaysia, is first to market all natural energy sports drinks containing a unique formulation which re-hydrates faster than water and assists the body to refresh and recover from intense sporting activities in the sub-tropical climates. The current TWO HORNS™ product range includes Energy 250 and Ultra Sports 500 beverages. New products featuring the 'super fruit' Acai berry, called Acai Energy 250 and R3HYDR8™ 250, are being prepared for launch in the 1st quarter 2008. The company is currently negotiating to market its products to China, U.S. and Sri Lanka. More information is available at

Chairman of RTHM, Mr. Alex Loh, stated, "EBIG's increased investment in RTHM is an exceptional good value investment because the company has already positioned itself for a significant share of the market in Malaysia. We shall make inroads into the S.E. Asia, China and the U.S. markets within 12 to 18 months. We are confident that the partnership with EastBridge by taking RTHM public in the United States very soon will be a successful move."

Norm Klein, COO and CFO of EBIG, commented, "Rhino Two Horns has made significant progress in expanding its distribution channels. This new investment commitment shows our strong support for Rhino Two Horns and it also brings a great opportunity for EBIG to share the success in the Asian sports drink industry with our shareholders."

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: To receive EBIG's email alert, send a blank email to

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

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

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