Starwin and AEMG Complete Merger to Form Starwin Media Holdings Inc.

Starwin and AEMG Complete Merger to Form Starwin Media Holdings Inc.

LOS ANGELES, July 1 /PRNewswire-FirstCall/ -- Starwin Media Group and America Time East Media Group announced today that they have completed the transaction announced on May 10, 2005 combining Starwin and AEMG into an emerging media corporation named Starwin Media Holdings Inc.

The company will file an application requesting a change of symbol to the National Quotation Bureau "Electronic Pinksheets." Starwin and AEMG shareholders approved the merger at a special meeting held yesterday.

Wendyfer Zhong, President of Starwin Media Holdings, said, "This new corporation will leverage the strength from the merger to create a high-growth media leader in the industry, and to generate a greater long-term value to our shareholders. Starwin plans to launch its satellite TV platform in the coming months with its unique programming differentiations. We believe Starwin has the potential to become a true leader in the global media industry."

ABOUT STARWIN MEDIA GROUP

Starwin Media Group Holding is a California corporation in the United States. It is the first US media group that aims to cover both US and China with programs including: financial, entertainment, variety show, talk show, food, travel and education. Starwin's television broadcasting network is actively pursuing setting up a worldwide media network via satellite & IPTV to bring different cultures in the world together on a congenial basis.

ABOUT AMERICA TIME EAST MEDIA GROUP

America Time East Media Group is a development stage corporation dedicated to media production and other media-related businesses. AEMG is targeting the niche market in the United States.

Source: America Time East Media Group

CONTACT: pr@aemg.us of America Time East Media Group; or pr@starwinmedia.com of Starwin Media Group

------- Profile: Ent