Press Release Source: Asia Global Holdings Corporation
Asia Global Holdings Corp. Increases Sales Agent Network by 33% for Its Advertising and Media Services in China
Tuesday December 12, 9:45 am ET
LOS ANGELES, Dec. 12 /PRNewswire-FirstCall/ -- Asia Global Holdings Corp (OTC Bulletin Board: AAGH - News) announced today that it has once again strengthened and expanded the sales capacities of its media business with the addition of two new media sales agencies in China. This increases the Company's representative agency count from six to eight. The two new media agencies have each entered into an agreement with Asia Global Holdings Corp to serve as a representative of the Company's China based Media and Advertising subsidiary -- Sino Trade Intelligent Development Corp.
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The Company attributes its increased third quarter revenues to its previous representative agency expansion which took place in June. Asia Global Holdings Corporation, in the third quarter ended September 30, 2006 posted quarterly revenue of $2,017,736, a 394% gain compared to $408,222 in revenues for the third quarter ended September 30, 2005.
The two new agencies have entered into agreements giving them the right to sell all of the Sino Trade Media and Advertising services in mainland China. The new agencies are well established and bring to the Company a long history of successful operations within mainland China.
The Company recently announced that it plans to expand upon its media success in China through its new television entertainment division created for the purposes of acquiring proven successful television entertainment properties and adapting them to the China market. The Company also announced recently that it is in late stages of evaluating a target acquisition with proven success in TV entertainment, global brand value and highly experienced management.
About Asia Global Holdings Corporation
Asia Global Holdings Corporation (OTC Bulletin Board: AAGH - News) has a strong focus on building business in China and other emerging regions and markets in Asia and worldwide. The company's present subsidiaries participate in media & advertising and marketing services. The Company has offices in the US, Hong Kong and China.
Asia Global Holdings Corporation Website: www.asiaglobalholdings.com
Forward looking Statements in this document that are not historical fact as "forward-looking statements" as that term is defined in the Private Securities Litigation Reform of 1995. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are based on trends that we anticipate in our industry and our good faith estimate of the effect on these trends of such factors as industry capacity, product demand, and product pricing. These statements are also subject to risks and uncertainties beyond our reasonable control that could cause of actual business and results of operations to differ materially from those reflected in our forward-looking statements. You may find all other information about Asia Global Holdings Corporation on the Securities and Exchange Commission website, WWW.SEC.GOV.
Source: Asia Global Holdings Corporation