Strategizing with locals deep inside China to bring companies public

(EMAILWIRE.COM, October 12, 2007 ) New York – In a region where no companies have ever gone public, First Line Capital announces that it is working closely with businessmen in Chongqing China to qualify worthy local companies. Operating from offices in the elegant Hotel Kingworld, First Line Capital is the first and only international investment banking firm to have a presence in Chongqing. Using the same successful investment banking model they employ in Europe and the mid-East, First Line has been strategizing with locals to bring capital to the Chongqing marketplace. Two city-based companies, Pay88, Inc. (OTCBB:PAYI) and Franklin Tower Enterprises, Inc. (OTCBB:FRTW) have already been brought public by First Line with three more in the pipeline.“Having developed trust with the locals, we feel we have now been brought into their inner circle. We are treated as one of their own, and are being introduced to the real money makers. My investment banking team found the business people in Chongqing to be an amazing group, and their businesses brimming with profitability. Since many of the waterways, railways and roadways all meet there, the economy grew another 14% in the first two quarters with Chongqing expected to become an inland Shanghai; an exciting place for dealmakers with capital and contacts.”About First Line CapitalFirst Line Capital, LLC is a boutique international investment banking firm founded in 1991 to focus on deal architecture of debt and equity financings, mergers and acquisition, implementing public strategies, investor relations and various other investment banking activities. First Line Capital participated in the launch of several high-profile companies: Priceline.com and E Trade Financial. In recent years, First Line Capital has specialized in capitalizing foreign companies and has successfully listed more than ten corporations on the NASDAQ/OTCBB. Currently, First Line Capital has satellite offices in Chongqing, China's largest city. First Line has already listed two Chongqing companies and is experiencing a continued growing demand for investment banking services from that region. www.firstlinecapital.com. Contact:Jerry Jennings561-881-7318mediareply@egaplus.com

Jerry Jennings

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