EastBridge Investment Group, Inc. (OTCBB: EBIG), a provider of financial services to emerging public companies in Asia, with clients similar to companies like Chinacast Education Corporation (Nasdaq: CAST) and China Education Alliance, Inc. (NYSE: CEU), recently provided an update on its client Tsingda’s initial public offering (IPO) process during a recent conference.

During the conference call, the company indicated that Tsingda was still likely to IPO in November and definitely before the end of 2011. The NASDAQ now requires that Chinese companies list on a junior exchange for six months before up-listing to its exchange. However, the firm was recently informed that the OTCQX has the same limitations, meaning it will have to list on the OTCQB instead.

Ultimately, the listing on the OTCQB – one notch below the OTCQX designation – is rather inconsequential. Tsingda will not be raising any money until it reaches the NASDAQ exchange and that up-listing is still expected to occur six months after the OTC listing. Meanwhile, the shares being issued as a dividend to EastBridge shareholders remain unaffected by the move.

About EastBridge Investment Group

EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in the education, internet, energy, mining and service sectors. 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. Join us on Facebook at the following link: http://www.facebook.com/ebigcorp.

EastBridge Investment Group Inc. (OTCBB: EBIG), a provider of financial services to emerging companies looking to go public on U.S. exchanges and those looking to form joint ventures abroad, with clients similar to companies like Baidu.com Inc. (NASDAQ: BIDU) and Yahoo Inc. (NASDAQ: YHOO), recently set an October 31, 2011 deadline for its shareholders to receive the Dwarf Technology dividend.

EastBridge Investment Group Inc. (OTCBB: EBIG) is a specialized provider of financial services to emerging Asian companies looking to go public on U.S. exchanges and those looking to form joint ventures abroad. On October 4, 2011, the company scheduled 300,000 shares of its ownership in Dwarf Technology to be distributed to its shareholders of record on the closing date of October 31, 2011.

The size of the dividend represents 1.5% of Dwarf Technology’s outstanding shares as of October 4, 2011 and the move was filed with the SEC on August 16, 2011. According to COO/CFO Norm Klein, “We are happy to increase our shareholders’ value with the dividend distribution of some of the Dwarf stock owned by EastBridge. Dwarf has grown significantly during the past two years and has solid expansion plans for the future.”

An Emerging IT Leader in China

Dwarf Technology is a leading internet technology and information service provider. The company specializes in business-to-business search engine technology and IT services, including e-commerce, online marketing and application software development for small and medium companies. Its leading B2B search engine, China Bobotong, is the only search engine supporting telephone, internet and SMS.

Between 2009 and 2010, the company saw its revenues grow from $1,502,157 to $3,621,943 and was profitable both years. The first six months of 2011 saw similar growth rates as its revenues grew to $2,359,095 and its net income hit $340,907. With these strong growth rates, investors can look forward to high price-earnings multiples on their stock.

To learn more about Dwarf, goto: http://www.4006009090.cn/en/

A Great Investment Opportunity

EastBridge’s business model involves taking high-growth companies public on U.S. exchanges. With several upcoming clients in its pipeline, shareholders are uniquely positioned to benefit over the coming quarters. These clients range from IT companies, like Dwarf Technology, to educational providers, like Tsingda Education, to green technology companies and more.

For more information about EastBridge Investment Group Inc. (OTCBB: EBIG), please check out the following resources:

• Company Website
• Company SEC Filings

EastBridge Investment Group, Inc. (OTCBB: EBIG), a provider of financial services to emerging public companies in Asia, with clients similar to companies like Chinacast Education Corporation (Nasdaq: CAST) and China Education Alliance, Inc. (NYSE: CEU), recently scheduled a shareholder conference call for Monday, October 24, 2011.

EastBridge Investment Group (OTCBB: EBIG) today announced a Shareholder Telephone Conference as follows:

Conference Date and Time: Monday, October 24, 2011 at 11:00 AM, EDT

Dial in number: 1-605-475-6350, Participant Access Code: 769117

If during the shareholder telephone conference, a connection difficulty occurs, please send an email to jgmaxie@theeversullgroup.com for immediate assistance.

EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in the education, internet, energy, mining and service sectors. 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 mailto:info@EbigCorp.com. Join us on Facebook at the following link: http://www.facebook.com/pages/Eastbridge-Investment-Group/110596462346210.

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.

EastBridge Investment Group Inc. (OTCBB: EBIG), a financial services provider to emerging public companies looking to tap the U.S. equity markets, with clients similar to New Oriental Education & Technology Group Inc. (NYSE: EDU) and Chinacast Education Corporation (Nasdaq: CAST), recently held a conference call that outlined several near-term prospects for investors.

Tsingda’s IPO Ready to Unlock Value

EastBridge Management expects Tsingda to be listed on the OTCQX at around $4-5 per share and then it will apply to up-list on the NASDAQ six months later. Based on reporting requirements, the OTCQX represents the highest level of the OTC markets. There are currently over 270 companies trading on the OTCQX averaging over $11 million in trades per company daily.  With Tsingda growing at about 40% – a net income of $16 million in 2011 and a projected income of $25 million for 2012, the company expects meeting all requirements for the up listing on the NASDAQ.   Meanwhile, a definitive IPO date is expected within the next 10 days.

With Tsingda Education standing ready to IPO, EastBridge appears to be significantly undervalued. Assuming a $4 share price for Tsingda and a 20x P/E for Eastbridge; Eastbridge’s 1.7 million share stake in Tsingda would be worth approximately $6.8 million. Dividing this figure by the company’s 150 million shares outstanding yields a valuation of 4.53 cents per share. With a 20x P/E, it would mean a 91 cent share price for EBIG.  Even if the P/E is only 15, the projected share price for EBIG would be 68 cents per share, still a significant increase versus the current share price of approximately 8 cents per share.

Other Clients Show Marked Progress

EastBridge’s other clients are also making substantial progress towards their goals. Wonder Education will be the next IPO in the company’s pipeline and is expected to go public early next year, according to management. In the meantime, the Chinese education company continues to grow at a 20% annual rate and eyes expansion into the automotive education sector which should help it obtain a favorable P/E when the time comes.

Clients Dwarf Technology and Arem Pacific will be in New York over the next two weeks to meet with potential investors and raise additional capital. Dwarf Technology is expected to IPO early next year, while Arem Pacific expects to file an S-1 with the SEC this month. Combined, this solid progress across all of its clients could unlock tremendous value for shareholders.

A Great Investment Opportunity

EastBridge Investment Group Inc. (OTCBB: EBIG) represents an attractive investment opportunity with near-term catalysts. With the Tsingda IPO expected very soon, the company’s stock appears to be significantly undervalued given its potential. As a result, investors may want to consider adding this stock to their portfolio sooner than later.

To learn more about EastBridge, please see the following:

• Company Website
• Company SEC Filings