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AAGH - exiting and good News again:

http://biz.yahoo.com/prnews/080311/latu063.html?.v=101

Press Release Source: Asia Global Holdings Corporation

Asia Global Holdings Corporation Establishes Collaboration With Sony Pictures Television International
Tuesday March 11, 9:00 am ET

LOS ANGELES, March 11 /PRNewswire-FirstCall/ -- Asia Global Holdings Corporation (OTC Bulletin Board: AAGH - News) announces that Idea Asia Limited (Idea Asia), a wholly-owned subsidiary of AAGH, has entered into an option agreement with Sony Pictures Television International (SPTI) giving Idea Asia the first opportunity to license the TV game show format "Blackjack Bowling" from SPTI to adapt and produce a local version of the format in China.

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"Blackjack Bowling" is the only show of its kind that combines two of the world's favorite pastimes -- blackjack and bowling -- just as the two simple elements of the roulette wheel and hangman were combined to create Wheel of Fortune. "Blackjack Bowling's" format is flexible and can be played in either a 30-minute or 60-minute format.

"We are delighted to be able to secure the exclusive right for another famous format. Without a doubt, we are thrilled to establish a co-operative relationship with a prestigious company in Sony Pictures Television International. Further, the significance of "Blackjack Bowling" also should not be overlooked. It is a proven successful format among Chinese population as the Taiwan adaptation of Blackjack Bowling, broadcasted by Star TV, is constantly the number one game show among all cable channels," according to Dominique Ullmann, Executive Director of Idea Asia.

About Sony Pictures Television International

Sony Pictures Television International is the division of Sony Pictures Entertainment (SPE) responsible for all television business outside of the United States. SPTI operates three complementary lines of business: 1) distribution of SPE's feature films and television programming to television, mobile and digital content delivery outlets around the world, 2) local television production in key international markets, and 3) international television networks. SPTI is a global leader in the distribution of current and classic U.S. and international films and television in local languages, holding rights to many successful formats such as "Power of 10", "Pyramid" and "Dating Game". SPTI has dedicated offices all over the world and their worldwide television networks portfolio is a key strategy in the SPE's long-range commitment to the global marketplace, with over 40 networks in more than 130 countries reaching over 298 million households worldwide.

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, marketing services and TV entertainment. The Company has offices in the US, Hong Kong and China.

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