Statement from Imaginasian Entertainment on the Closing of AZN Television

Jan 30th 2008
NEW YORK, January 30, 2008 — Following is a statement from Michael Huh, VP, marketing and strategic development of ImaginAsian Entertainment, a multimedia company that promotes Asian culture to mainstream America through its various media platforms, including ImaginAsian TV:

“Although the news of AZN's closing is disappointing, there are very few in the industry who were surprised. Like ImaginAsian, AZN had a mission to serve Asian Americans and those interested in Asian entertainment and culture. There is a tremendous market for this type of content and while looking to serve this vibrant audience, both television networks have raised awareness of Asians in this country and in the media industry. There is still much work to be done, and ImaginAsian, with its growing base of quality strategic partners in Asia and the US, will carry on and continue to grow the marketplace representing all things Asian.”

About ImaginAsian Television and ImaginAsian Entertainment

ImaginAsian Television® (iaTV®) is the television destination for For All Things Asian®, offering audiences a diverse selection of top-notch movies, anime, dramas, documentaries, music and original programming from Asia and the U.S. Fully advertiser-supported, ImaginAsian TV is currently carried on cable systems in New York, Los Angeles, San Francisco, Houston, Dallas, Hawaii and parts of New Jersey, as well as via broadcast in Edison, NJ. ImaginAsian TV (www.iaTV.tv) is an integral division of ImaginAsian Entertainment, Inc.

ImaginAsianTM Entertainment, Inc. (www.iaei.tv) is a multimedia company that promotes Asian Pacific American culture to mainstream America. Headquartered in New York City, ImaginAsian Entertainment uses a fully integrated marketing strategy through multiple platforms: ImaginAsian TV® (America's First 24/7 Asian American Network), The ImaginAsian Theater® (New York's Premier Asian American Theater), The ImaginAsian CenterTM (L.A.'s premier Asian American film and cultural center), ImaginAsian PicturesTM (distribution of cutting-edge and critically acclaimed Asian films), ImaginAsian Home EntertainmentTM (video/DVD unit dedicated to quality Asian home entertainment), ImaginAsian Radio® (the sound of Asian America), and iaLink® (ImaginAsian's community-based e-zine).

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