Asia Properties Redesigns Web Site


BELLINGHAM, Wash., June 30, 2006 (PRIMEZONE) -- Asia Properties, Inc. or "API" (Pink Sheets:ASPZ) announced today that it has completely redesigned its web site. API's new web site can be viewed at www.asiaprop.com.

"The Company is pleased to present its newly redesigned web site which gives it a better, more sales oriented look. Ms. Jill Lerlertkul, API's Sales Manager in Phuket, carried out the site redesign. Our customers and shareholders can look forward to timely updates on company activities on this web site from now on," said CEO Daniel McKinney.

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.

For up-to-date corporate information about Asia Properties, Inc. contact Daniel McKinney at (360) 392-2841 or (http://www.asiaprop.com). For property inquiries contact: Jill Lerlertkul, Phuket Sales Manager. Cell +661-0135136 email: jill@asiaprop.com

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.

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



            

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