EastBridge Investment Group Distributes Dividend Shares in Two Wholly-Owned Subsidiaries to Its Shareholders

PHOENIX, May 21  /PRNewswire-FirstCall/ -- EastBridge Investment Group (OTC:EBIG) (BULLETIN BOARD: EBIG) , the first and only Over the Counter Bulletin Board company (http://www.ebigcorp.com/) devoted to bringing small to medium sized, high growth companies from China and India public in the U.S., today announced that it is granting a dividend to shareholders amounting to five percent of the common stock of each of its two wholly owned subsidiaries without considerations.

Shareholders of record on June 11, 2007 will receive a total of 5 million shares, on a pro-rata basis, or five percent of the common stock of Fiber One Ltd., Hong Kong, China, EastBridge Investment Group's subsidiary servicing the fiber optics industry in China.

Also, shareholders of record on July 11, 2007 will receive a total of 5 million shares, on a pro-rata base, or five percent of the common stock of Nanotek Ltd., Beijing, China, EastBridge Investment Group's high tech company in the nano electronics and chemical sectors.

"Distribution of these dividend shares in companies that we anticipate will be spun off to go public within 12 to 18 months, or as soon as approved by the relevant authorities, should be viewed as a significant positive by our investors," said Keith Wong, President and CEO.  "EastBridge Investment Group is dedicated to keeping its investors as significant partners in its progress."

Shareholders with ATC Technology Corp. stock certificates should send these by secure carrier, with a $25 handling fee, to EastBridge Investment's transfer agent to have the restriction removed.  That address is Jersey Transfer and Trust Co., 201 Bloomfield Ave., P.O.  Box 36, Verona, N.J. 07044. The phone number is 973/239-2712.  Other shareholders should contact their broker for assistance.  The shareholders of ATC Technology became shareholders in EastBridge Investment as part of a restructuring.

Forward-Looking Statements

Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.  The actual results may differ materially from those contained in this press release.  The Company disclaims any obligation to update any statements in this press release.

  CONTACT:  EastBridge Investment Group
            Norm Klein, CFO, COO
            480/966-2020
            Fax: [phone]


DATASOURCE: EastBridge Investment Group



CONTACT:  Norm Klein, CFO, COO of EastBridge Investment Group,

[phone], or fax, [phone]



Web site:  http://www.ebigcorp.com/ 

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