Alliance Creative Group (ACGX) Reports Over $2,500,000 in Revenues for 2nd Quarter 2011

CHICAGO, Aug., 23, 2011 /PRNewswire/ -- Alliance Creative Group, Inc., (http://www.AllianceCreativeGroup.com) (Stock Symbol: ACGX.pk) is pleased to announce the results of Operations for the Three Months Ended June 30, 2011.

Revenues for the three months ended June 30, 2011 ("Second Quarter 2011") were $2,537,895.  Gross Profits were $596,553 and Net Profits were $213,530.  The total assets of the Alliance Creative Group as of 6/30/11 were $4,349,710.  The total outstanding shares as of August 16, 2011 are 5,921,038 with 5,790,633 of those shares in the float.  The estimated annual earnings per share (EPS) is about .13. The last closing price was $.021 per share on August 22, 2011 making the total market value of the common shares $124,342.  The full financial statement, balance sheet and cash flow statements are on the Company website at http://alliancecreativegroup.com/investor-relations under the section for financials.

Revenues for the Second Quarter 2011 where up 33% compared to the First Quarter 2011.  Gross Profits were up 29%, Net Profits increased by 68%, Assets increased 9% and Equity increased 90%.

CEO of the Alliance Creative Group, Paul Sorkin, said "Our team did an incredible job this quarter and we beat all of our internal number goals.  We increased our revenues, gross profits and net income while increasing our assets and equity and paid down some debt.  Our core business of printing, packaging and marketing continues to grow and solidify our solid base to build off of.  This is our 7th quarter in a row with good net income.  Our next goals are to continue growing our base while we aggressively look for strategic acquisition targets in the printing, packaging and marketing industry to increase our revenues and profits even more while we diversify our customer base and increase shareholder value."

About Alliance Creative Group, Inc.

ALLIANCE CREATIVE GROUP, Inc. (Stock Symbol: ACGX) is a printing, packaging and marketing company.  The Alliance Creative Group is a brand awareness conglomerate that utilizes shared resources to create synergies between their projects and companies to create quality results and long-term partnerships.  The core business areas include creative and design services, printing and packaging, product development, event marketing, business consulting and strategic marketing. www.AllianceCreativeGroup.com

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

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SOURCE Alliance Creative Group, Inc.

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