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Monday, June 23, 2008

Asia Global Holdings Corporation Signs Agreement with 3 Circles Media; Company to Introduce Interactive Participation TV to China

Asia Global Holdings Corporation Signs Agreement with 3 Circles Media; Company to Introduce Interactive Participation TV to China

LOS ANGELES, June 23 /PRNewswire-FirstCall/ -- Asia Global Holdings Corporation (BULLETIN BOARD: AAGH) announces that Idea Asia Limited (Idea Asia), a wholly-owned subsidiary of AAGH, has signed an exclusive agreement with 3 Circles Media (3CM), a European leading interactive casual game company, to introduce interactive participation TV to various broadcasters in China.

3CM has over 12 years experience in interactive & participation TV and has produced over 50,000 hours of such live programs. The company currently owns a program portfolio of 25 interactive and participation TV formats with production facilities in Europe, US, Middle East and Asia.

Participation TV introduces television content that engages viewers to act and respond. Traditionally, television delivers high quality programming designed to entertain, inform and educate; Viewers involvement was relatively limited. Today with the advancement of digital television, mobile telecommunication and the internet, viewers are offered more ways to get involved in the programs they are watching. From participating in TV voting to interacting with show presenters and solving a TV puzzle in real time, audiences now have the ability to be a big part of the game show, all from the comfort of their own living room.

"One of the best ways to attract audiences to a program is to have them participate in it. Moreover, this participation can quickly create a significant additional revenue stream," said Dominique Ullmann, Executive Director of Idea Asia. "The success of 'American Idol' and other participation TV shows, such as 'Deal or no Deal', have clearly defined a lucrative revenue model. We see a tremendous opportunity to generate immediate revenue through Interactive participation TV in China and we are very delighted to establish co-operation with such a strong industry player in 3 Circles Media."

About Asia Global Holdings Corporation

Asia Global Holdings Corporation (BULLETIN BOARD: AAGH) 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, marketing services and TV entertainment. The Company has offices in the US, Hong Kong and China.

Asia Global Holdings Corporation Website: http://www.asiaglobalholdings.com/

Forward-looking statements in this document 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 we anticipate in our industry and our good faith estimate on 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 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 Exchange Commission website, http://www.sec.gov/.

First Call Analyst:
FCMN Contact: transmedia@aol.com

Source: Asia Global Holdings Corporation

CONTACT: Asia Global Holdings Corporation, Investor Relations,
+1-213-243-1503, ir@AsiaGlobalHoldings.com

Web site: http://www.asiaglobalholdings.com/


Profile: International Entertainment

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