Asia Properties Appoints My Trusted House to Market Baan Naiyang Resort in Europe


BELLINGHAM, Wash., Jan. 22, 2007 (PRIME NEWSWIRE) -- Asia Properties, Inc. (Pink Sheets:ASPZ) reported today it has appointed My Trusted House to market its resort subdivision in Phuket, Thailand.

Asia Properties CEO Daniel McKinney said, "We are delighted to appoint My Trusted House, a leading international property marketing company, to market this superb resort project on an exclusive basis in the following countries: The Netherlands, Belgium, Luxemburg, Germany, Denmark, Sweden and Finland." My Trusted House markets and promotes through its associate company, Liberty TV Netherlands via infomercials and on travel TV stations in Germany. Interested buyers are flown to Phuket as a part of specialized Thailand Property Tours, which are offered via a large number of tour operators in Europe. These property seminars are free and empower foreigners with all necessary information needed to purchase property in Thailand. "This sales model has proved extremely effectual with a high percentage of sales going through to those who join their property tours," added McKinney.

Please see Baan Naiyang at My Trusted House: www.mytrustedhouse.com/asia

Baan Naiyang Resort, just 10 minutes south of Phuket airport is located near the five-star Indigo and Arahmas Hotels on Naiyang beach. Naiyang beach is a rapidly developing area with many five star resort and villa developments being built along with comprehensive infrastructure including shopping malls, grocery stores, restaurants and other facilities.

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 S.E. 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 9,799,028 fully diluted shares consisting of 3,213,601 free trading and 6,585,427 restricted. The transfer agent is Computershare, Inc. of Golden, Colorado.

The Asia Properties, Inc. company logo is available at http://www.primezone.com/newsroom/prs/?pkgid=1733

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.



            

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