July 10, 2008


Pink Sheet Exchange - AASI

 

News Release No. 006

ALL ASIA LICENSING ANNOUNCES THE APPOINTMENT OF JAY GOULD
TO BOARD OF ADVISORS

Beijing, China – July 10, 2008 – All Asia Licensing, Inc. (PINKSHEETS: AASI.PK) announced today the appointment of Jay Gould to its Board of Advisors.

“Jay’s expert business acumen in international and finance law will provide All Asia Licensing immeasurable opportunity for growth,” Anthony Lee, Company CEO said in making the announcement.

Gould is a partner with Pillsbury, Winthrop, Shaw, Pittman, LLP. He practices law in the corporate and securities areas and is the leader of the firm’s investment funds and investment management practice team. Gould has served as chief counsel for E*TRADE Global Asset Management, Inc., Vice President with TransAmerica Life Companies, senior counsel to Bank of America and as an attorney with the Securities and Exchange Commission . 

In his current role, Gould represents and advises U.S. registered investment companies, hedge funds, offshore investment companies and investment advisors on all matters related to mergers and acquisitions. 

He has extensive experience in drafting private placement memoranda, partnership and limited liability company agreements, proxy statements, periodic reports and other documents for filing with the Securities an Exchange Commission and other regulatory agencies. Gould counsels clients involved in all aspects of the financial services industry, provides counsel on matters involving corporate governance and Sarbanes-Oxley compliance including joint ventures and strategic relations; and retail, institutional and offshore securities distribution strategies and regulatory considerations.

Gould has numerous publications to his credit and serves or has recently served on a number of boards including: Board of Directors, Association for Corporate Growth, San Francisco Chapter; Advisory Board, The Wall Street Lawyer; California State Bar Financial Institutions Committee; and the Northwest Hedge Fund Society.

All Asia Licensing, Inc. is a major conduit for investors to access the rapidly growing Chinese economy. By acquiring a controlling stake in unique Chinese businesses, providing capital and international-minded management, All Asia Licensing creates an opportunity for these companies to prosper in their own industries. Working with small-to-medium sized companies, All Asia Licensing assists clients by using a comprehensive suite of services of business management, consulting services and technical support through specialist networks.

For more information, contact our Investor Relations:

Tel: +1866 575 6854

Email: ir@allasialicensing.com

Safe Harbor Statement:

“Safe Harbor Statement” Under the Private Securities Litigation Reform Act of 1995:

Certain statements in this Press Release are "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. These statements include, without limitation, statements concerning the impact of the settlement agreement on our future business prospects and our ability to successfully complete the commercialization of the Netsweeper products in China. These forward- looking statements are based on our current expectations and beliefs and are subject to a number of risk factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such risks and uncertainties include the risk that the settlement agreement will not produce the results we intend and all of the risks inherent in commercializing a new product (including technology risks, market risks, financial risks and implementation risks, as well as other risks and uncertainties affecting the Company), included in filings with the Securities and Exchange Commission, all of which are available at www.sec.gov. We disclaim any intention or obligation to revise any forward-looking statements, including, without limitation, financial estimates, whether as a result of new information, future events, or otherwise.

URL: http://www.allasialicensing.com
CONTACT: All Asia Licensing, Inc.
Anthony Lee, 866-575-6854
alee@allasialicensing.com

For further information feel free to contact us.
Corporate Communications