NANCHANG, Jiangxi Province, PRC, March 17 /PRNewswire-FirstCall/ -- Asiana Corporation (Asiana) is pleased to announce that it plans to launch an online train ticket e-commerce portal for train travel in Jiangxi Province. Its initial target is to run a pilot program with the Nanchang Train Authority, which has previously expressed interest in the concept. Train Travel is the dominant mode of travel in China. Asiana CEO Robert Xu explains; "If we achieve a conservative 5% penetration, we're looking at top line revenues from this program of nearly $750,000 USD. That is simply from the City of Nanchang, before we start rolling out the program to other cities and train authorities, who generally have the same issues regarding wait times for tickets". "The Chinese passenger train network is stretched beyond capacity, and passengers often spend between 6 - 8 hours, and sometimes up to 2-3 days at the train station waiting to purchase tickets". Xu added; "Our goal is to build on a model similar to 'Ticket master' and create a simple transaction processing process that provides tremendous convenience versus current purchase processes. We will be able to launch this program within a week of signing contracts with travel partners". About Asiana Corporation Asiana is a publicly traded Company on the Pink Sheets. It is in the process of developing a closed loop payment system for the Chinese market. Closed loop payments involve debit cards and/or online payment services backed by a member bank together with a participating merchant in order for the end user to use the system. In the short term, the company is focusing on applying its technology on basic 'meat and potatoes' e-commerce applications that can easily be built as a front end to the existing electronic funds processing capabilities that the Company already has in place. Safe Harbour Statement Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbour' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, acceptance of Asiana Corporation products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Asiana Corporation's periodic reports filed with the regulatory authorities. DATASOURCE: ASIANA Corporation CONTACT: Asiana Corporation, http://www.asianacorporation.com/, Investor Relations: Mina Mar Group: 1-800-365-4331

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