ASiQ to Offer Boeing Connexion Replacement

SEATTLE--(BUSINESS WIRE)--Aug. 18, 2006--ASI Entertainment, Inc's. (OTCBB:ASIQ) wholly owned subsidiary, ASiQ Pty Ltd, announced today that the recent decision by Boeing (NYSE:BA) to close down the Connexion by Boeing Internet Service, creates more opportunities for ASiQ's low cost alternative.

Ron Chapman, ASiQ's President, stated, "Connexion were too far ahead of their time. There is no comparison with the technology available today to what they launched with back in 2000. Today's aircraft satellite systems weigh less than 60Kg compared to Connexion's reported 350Kg and are a fraction of the cost. Under the Connexion scheme, airlines were reportedly paying $500,000 as an activation fee.

The new ASiQ package comprises an Inmarsat broadband link, with WIFI access and is compatible with the aircraft's existing onboard network. ASiQ is offering airlines a new Internet platform over a 5 years lease from as little as $15 per flight. For narrow body aircraft the lease could be as low $5.00 per flight. This, combined with ASiQ's low access fees and Freemailconnection, will make the system even more attractive to airlines.

The key to in-flight connectivity is an affordable service and this is where we believe ASiQ has an advantage. By being independent ASiQ is not locked to any specific aircraft manufacturer, hardware or service provider. As a result, ASiQ is able to secure the most competitive solutions."

The hardware platform is scheduled to be available in 2007 to coincide with the launch of the broadband service and will be on display at the upcoming World Airlines Entertainment Association conference and exhibition to be held in Miami September 12 to 15th.

About ASiQ:

ASiQ specializes in aircraft communications for passengers and crew and is recognized for its innovative and cost effective solutions for airlines. ASiQ has contracts for its Internet systems with Saudi Airlines and AirOne. ASI currently has operations in Australia, Malaysia, USA and has plans to open operations in Europe and Middle East.

Safe Harbor Disclosure:

Certain statements contained in this press release and periodic reports issued by ASI Entertainment, Inc., (ASIQ) (the "company"), that are not historical facts are "forward-looking" statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, and because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are statements regarding the intent, belief, or current expectations, estimates, or projections of the company, its directors, or its officers about the company and the industry in which it operates and are based on assumptions made by management. Forward-looking statements include without limitation statements regarding: (a) the company's strategies regarding growth and business expansion, including future acquisitions; (b) the company's financing plans; (c) trends affecting the company's financial condition or results of operations; (d) the company's ability to continue to control costs and to meet its liquidity and other financing needs; (e) the declaration and payment of dividends; and (f) the company's ability to respond to changes in customer demand and regulations. Although the company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates", and similar expressions are generally intended to identify forward-looking statements.

Important factors that could cause the actual results to differ materially from those in the forward-looking statements include, among other items, (i) changes in the regulatory and general economic environment; (ii) conditions in the capital markets, including the interest rate environment and the availability of capital; (iii) changes in the competitive marketplace that could affect the company's revenue and/or cost and expenses, such as increased competition, lack of qualified marketing, management or other personnel, and increased labor and inventory costs; (iv) changes in technology or customer requirements, which could render the company's technologies noncompetitive or obsolete; (v) new product introductions, product sales mix, and the geographic mix of sales.

The company disclaims any intention or obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including, but not limited to, risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, and the effect of economic conditions.

Contacts

ASI Entertainment, Inc.
Ron Chapman, +61 3 9437 1233
ron.chapman@asiq.com
ASiQ's website: www.asiq.com
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