OVERVIEW

Allied Pacific Sports Network (“APSN”) is Asia’s largest provider of live and on-demand sports over the Internet, with a broadcast territory covering 28 Asian countries. APSN delivers live and on-demand broadcasts of Major League Baseball, English Premier League football, the German Bundesliga football, Brazilian League football, Mexican Premier League Football, the Copa Libertadores, and other premium international football leagues from Europe and the Americas, and other sports including golf, racquet sports, American football, basketball, ice hockey, cricket, rugby, motorsports, and fighting sports.  APSN operates Chinese, Korean, Japanese, Vietnamese, and English language websites for these sports, which are available across Asia and throughout the world.  In addition to live and on-demand broadcasts, APSN’s websites provide news, video highlights, team statistics and information, player statistics and information, live scoreboards and results, standings, betting odds and tips, and photo galleries.

APSN’s basic business model is a combination of selling subscriptions for sports content to individual viewers, selling content to mobile telecommunications providers for sale to their customers, selling content to various other commercial users, and selling advertising and sponsorships on APSN’s websites and live streaming platforms.

During 2010, APSN perfected the technological aspects for delivering sports content to Asia, delivered over 2,500 live sporting events to Asia, acquired the rights to exploit a broad range of sports in various Asian markets, and established the foundation for delivering that sporting content to users.  In 2011, APSN will commence website and streaming operations of a wide range of sporting content throughout Asia.