SOURCE: EastBridge Investment Group

March 11, 2008 08:00 ET

EastBridge Investment Group's Management Reports Highlights of EBIG's Annual Report

PHOENIX, AZ--(Marketwire - March 11, 2008) - EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced highlights of its 2007 Annual Report which will be filed with the Security Exchange Commission (SEC) later this week. Summarized below are 2007's results and achievements and the outlook for 2008.

--  EBIG made significant progress in 2007 and is poised for a continuance
    in 2008.  Several new clients were added and financially the Company
    improved in 2007.  The Company is preparing to take several of its clients
    public in the United States in 2008 and to continue to improve its
    financial results.
    
--  EBIG added 7 new clients for a total of 8 by the end of 2007 versus a
    goal of 4.  EastBridge's clients come from several different industries and
    countries.  Most are from mainland China, but the Company has clients in
    Hong Kong, Australia and Malaysia.  All of EastBridge's clients are high
    growth companies looking to grow their businesses by becoming listed on a
    U.S. stock exchange.
    
--  EBIG improved its financials in 2007.  Revenue and cash flow improved
    allowing EastBridge to expand its operations, which led to several new
    clients in 2007. EastBridge intends to continue to expand in 2008 with
    additional new clients and to begin listing current clients.  The Company
    expects its financials to improve in 2008. Revenue grew from $0 in 2006 to
    $442,000 in 2007; the operating loss also grew from $376,000 in 2006 to
    $540,000 in 2007 due to increased expenses for professional fees and legal
    and auditing fees for clients going public. EBIG's officers have extended
    loans where necessary in the past year to the Company to support the
    Company's cash needs.
    

EBIG is preparing to take at least 4 clients public in the United States in 2008. EastBridge owns 15% to 20% of each of its current clients. Once public, the stock EBIG holds will have marketable values which will continue to improve EastBridge's financials in 2008 and beyond.

Norm Klein, CFO and COO of EBIG, commented, "We are very pleased with our progress in 2007 and we look forward to a profitable 2008. EastBridge's main business is to assist our clients to become listed on a U.S. stock exchange and several of our clients will go public in 2008. We will continue to look for new clients with businesses that are profitable and have a vision to grow significantly in the near term."

To learn more about EBIG, please listen to the CEO's interview conducted by Killian Brandon, senior analyst of Wall Street Reporter: http://www.wallstreetreporter.com/page.php?page=featured&id=27650.

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