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EastBridge (OTC-BB: EBIG) Provides Key Guidance in Conference Call

EastBridge Investment Corp. (OTC-BB: EBIG), a financial services provider focused on helping Asian companies access U.S. public markets, with clients similar to China Education Alliance, Inc. (NYSE: CEU) and New Oriental Education & Tech Group Inc. (NYSE: EDU), provided some key timelines and guidance on a recent conference call held on January 26, 2011.

EastBridge Investment Corp. (OTC-BB: EBIG) is a financial services company that assists Asian clients with auditing, legal and investor relations processes to help them become public companies listed on U.S. stock exchanges. With clients like Tsingda Education and Wonder Education, the company is uniquely positioned to profit from China’s growing education sector.

Wonder Education Prepares to IPO in 4 to 6 Months

Wonder Education recently received SEC clearance for its registration filings and will be moving towards an initial public offering and AMEX listing in the very near future. The company has a roadshow planned for late-February or early-March to begin the IPO process, while it expects to be listed on an exchange and publicly-traded about 2 to 4 months after the roadshow is complete.

During the fiscal year 2010, the education company reported revenues of more than $12 million, versus $10.8 million in 2009, and net income of almost $5 million, versus $2.6 million in 2009. Meanwhile, the firm’s recent decision to target the automotive education industry could pay off down the road as the Chinese public embraces driving and the auto sector matures.

Tsingda Education Gears Up as Next IPO in Pipeline

Tsingda Education recently completed filing three registration statements with the SEC – for founding shareholders, private equity investors and the general public – and anticipates the first of them to be approved in the very near future. Once approved, the company will complete the IPO process and apply for listing on the AMEX stock exchange, which it expects to take 2 to 4 months after clearance.

Meanwhile, the education provider is also expected to surpass both its revenue and net income targets for 2010. Management previously forecasted revenues of $28 million and net income of $12 million for 2010, which represents growth of almost 100% year-over-year. As a result, the firm could see a healthy earnings multiple when it is listed and publicly-traded in the near future.

Strong Potential to Unlock Tremendous Value

With companies like New Oriental Education (NYSE: EDU) trading at nearly 50x earnings, EastBridge’s clients could see some significant upside from their IPOs later this year. Meanwhile, the company also has plans to uplist its own stock to the AMEX exchange in order to attract institutional investors, avoid market maker manipulation and improve its brand recognition.

Looking ahead, the company is also working to build its pipeline and assist a number of other clients. For instance, it is in the process of auditing and registering Arem Pacific, Dwarf Technologies and Alpha Green Technologies, while also working with other companies like Stray Arrow to raise capital and seek a listing and IPO in the future. Combined, these activities could unlock significant near-term value.

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