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StockGuru News: EastBridge Investment Group Acquires Stake in AREM Wines

EastBridge Investment Group Acquires Stake in AREM Wines EastBridge Investment Group Corporation (OTCBB: EBIG) PHOENIX, AZ–(MARKET WIRE)–Aug 7, 2007 — EastBridge Investment Group (EBIG) (OTC BB:EBIG.OB – News) today announced that it has signed a definitive agreement to acquire 15% of AREM Wines Pty, Ltd, www.aremwine.com.au, an Australian wine company in Melbourne, Australia. Under the terms of the agreement, EastBridge gave Genus Pacific Corporation, the investment company that owns AREM, 1,000,000 restricted EBIG common shares plus options in exchange for the 15% stake in AREM. EastBridge plans to distribute a portion of the acquired AREM stock to EastBridge’s shareholders as a stock dividend in the near future. AREM Wine Pty, Ltd was a wholly owned subsidiary of Genus Pacific Corporation before this transaction and has established itself as a supplier and distributor of premium wines to the international market. AREM has been building a distribution network in China for some time, and has recently commenced shipments of Australian wine to that market. EastBridge Investment Group focuses on small to medium-size high-growth companies in China and India offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in electronics, real estate, auto, metal, energy, environmental, bio science 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. The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectation or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, fluctuations in foreign currency exchange, the impact of competitive services and pricing, or general economic risks and uncertainties. Contact: Contact: Norm Klein EastBridge Investment Group Corp. 480-966-2020 480-966-0808 (fax) Email Contact Jack Eversull The Eversull Group, Inc. 972-378-7917 972-378-7981 (fax) Email Contact Source: EastBridge Investment Group View the StockGuru Profile for EastBridge Investment: http://www.stockguru.com/profiles/ebig/ We Invite you to Visit the All New StockGuru Blog! Here you will find updates on all our covered companies, including Profiled Companies and StockGuru Picks. Click HERE to visit the Blog, or go to: http://stockguru.com/blog/ StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (469) 252-3030. Web: StockGuru.com. Email: Publisher@stockguru.com. Disclosure: Pentony Enterprises LLC was compensated 430,000 restricted shares directly from the company for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. 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