LOS ANGELES, Aug. 29 /PRNewswire-FirstCall/ -- Starwin Media Holdings Inc (OTC:SWMD) announced today that they have entered into an agreement of intent with Strategic Media International Limited, a Hong Kong corporation -- parent company of three corporations that are currently publicly traded on the Hong Kong Stock Exchange and the other publicly traded on the Shenzhen Stock Exchange. These four publicly traded corporations are the holding corporations of the premier leading media corporation in the Asia Pacific region. This is one of the largest privately owned media corporations in the Asia Pacific region, which owns movie-distribution networks, production companies, video & audio distributions, major advertising companies, major newspapers in Hong Kong, and a 350-acre movie city for movie and television productions. The corporation, that is publicly traded on the Shenzhen Stock Exchange, is a telecommunications and broadband corporation, and has developed and built a broadband infrastructure in major cities in southwestern region of China to accommodate Starwin Media Holdings Inc IPTV platform. "Our acquisition into these four publicly traded corporations will provide us with direct ownerships into mega media power house in Asia Pacific, and has become a part of our market entry strategy to establish our presence in the Asia Pacific media industry, and to build our branding as the global preeminent media powerhouse," said Ms. Wendyfer Zhong, the President of Starwin. Wendyfer further comments, "This acquisition exercise will also generate new value to all of our existing shareholders, bringing annual revenue and net asset value into Starwin." This acquisition is another major milestone for Starwin Media in its quest to become the leading global media powerhouse in the United States, China and Asia Pacific region. The Company believes it will continue to see more successful milestones that will generate new value to our shareholders. DATASOURCE: Starwin Media Holdings Inc. CONTACT: Investor Relation Dept. of Starwin Media Holdings Inc, +1-213-572-0388, or fax, +1-213-572-0389, or

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