SOURCE: EastBridge Investment Group

 

PHOENIX, AZ--(Marketwire - July 24, 2008) - EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that its client, Wenda Education Group (www.Wenda.com.cn), has completed its relocation to its new 30-story multi-use tower in downtown Hefei, China. This new IT 'smart' building now houses Wenda's corporate staff and provides much needed space for additional IT training classrooms in Hefei.

Wenda is a major regional professional college located in Anhui, a province of China. It has schools in six other Chinese cities. It offers professional and vocational educational programs to train post high school students to improve their skills for higher paying jobs. Wenda offers programs mainly in the computer related IT sectors such as network design, hardware technology, computer graphics, CAD, animation, network database and network security. It has strategic partnership agreements in teaching IT network technology with Microsoft, Cisco Systems and Huawei. It is estimated that there are over 400 million young adults in the 15 to 30 year-old age group in China.

Wenda is an EastBridge professional listing service client and is one of four companies that EastBridge is working to take public in the United States as soon as possible.

EastBridge divides its clients into three annual revenue sizes: Growth: one-ten million dollars; Market-Niche: ten-twenty million dollars; Market-Leader: above twenty million dollars. Wenda is in the Market-Niche category with the potential to be substantially above Market Leader category. Depending on the complexity and size of each project, EastBridge normally is compensated with anywhere from 10-25% stock ownership plus cash fees in the client company for the listing services provided.

EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in electronics, real estate, auto, metal, energy, environmental, bioscience and food retail distribution. To learn more about EastBridge Investment Group go to: www.EbigCorp.com. To receive EBIG's email alert, send a blank email to info@EbigCorp.com.

Forward-Looking Statements

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.