BELLINGHAM, Wash., April 9, 2007 (PRIME NEWSWIRE) -- Asia Properties, Inc. (Pink Sheets:ASPZ) today announced that the Company's subsidiary, Hertz Controller Technologies Corporation (HCTC), has produced a new speaker product for computers.
"This new speaker utilizes Hertz Controller technology developed by Dr. Page Huie, which gives a robust, remarkable 'truer' sound. We see a large international market for this product with Internet gamers and computer users requiring better audio performance than that which is currently available from conventional speakers produced for computers," said Asia Properties CEO Daniel McKinney. "The company plans to apply for patent coverage on this new design application."
The Hertz Controller Speaker Technology, utilizing Hertz Controller Technologies' Signal Hertz Controller together with carefully designed speaker enclosures and specially engineered Diaphragm Materials, constitutes a genuine breakthrough in speaker technology. The soundstage, 3D image, and sound quality is totally different from any other speaker sound, and is unmatched by any other existing speaker design, no matter how "high end" the design may be.
Please see the new speakers at: http://www.hertzcontroller.biz/New_Product.html
HCTC's patented technology has breakthrough applications in audio, video, electrical appliance, and power conditioning devices, among others. One of the many unique and powerful benefits that the technology offers to the A/V and electrical appliance industries is a low-cost chipset solution that significantly suppresses conducted noise in electrical appliances, resulting in improved sound and picture quality as well as reduced power consumption. The company is currently talking to several global consumer companies about employing the use of its technology into their products.
Please see www.hertzcontroller.biz
As reported on March 13, 2007, All ASPZ shareholders of record as of April 15, 2007, will receive one (1) HCTC share dividend for every two (2) ASPZ shares they own. The dividend distribution of the HCTC shares will take place as soon as possible after April 15, 2007.
About Asia Properties, Inc.: Asia Properties, Inc. was established to invest in resorts and prime real estate in Thailand and Southeast Asia. Asia Properties currently operates as the only listed U.S. public company focusing on Southeast Asian real estate investments, where investors can invest in Asian real estate and hold the investment in the form of a security trading on a U.S. securities market. API is a Nevada corporation and trades on the pink sheets under the symbol "ASPZ". There are currently 9,856,778 fully diluted shares consisting of 3,213,601 free trading and 6,643,177 restricted. The transfer agent is Computershare, Inc. of Golden, Colorado.
The Asia Properties, Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=1733
For up to date corporate information about Asia Properties, Inc. contact Daniel McKinney (360) 392-2841 or (http://www.asiaprop.com). For inquiries about Hertz Controller Technologies Corporation contact Dennis Burns, Tel: (419) 448-8891.
Statements, which are not historical facts, are forward-looking statements. The Company, through its management makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessary estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors which could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements.