PHOENIX, AZ and HONG KONG -- (Marketwire) -- 08/11/10 -- The Amergence Group (PINKSHEETS: AMNG), a company that focuses on the development, nurturing, and rapid expansion of selected emerging or disruptive companies across a wide range of industries and disciplines, announced today its first "spin-out" subsidiary, PanPacific International, has signed a binding letter of intent to acquire Queen Entertainment Group (QEG) of Hong Kong.

Queen Entertainment Group -- one of the leaders in Hong Kong event organization, is also known regionally as an exclusive artist agency whose specialties include providing talent for all forms of media, television, video, and print advertising throughout the region. QEG has gained a stellar reputation regionally as an exclusive talent agency with clients in Macau, China, Taiwan, Japan, and Korea.

Another QEG division, Queen Golf Club, assists in the planning and rolling out of major golf events -- a business that specializes in providing athletically talented men and women to promote golf equipment, and major events within the multi-billion dollar golf industry.

"Queen Entertainment Group brings PanPacific strong media relationships throughout Asia including valuable contacts within network television, radio broadcasting, print media (including magazines and newspapers), and the Internet," says Jack Martin, president of Amergence subsidiary, PanPacific International.

Now, with management expertise and offices around the globe, The Amergence Group is uniquely positioned to introduce bold, edgy, or disruptive businesses to the world as it spins each subsidiary out to become their own individual fully-reporting public companies.

ABOUT THE AMERGENCE GROUP

The Amergence Group (PINKSHEETS: AMNG) provides valuable advice and support to new businesses with its goal of accelerating their intended plans to introduce edgy, disruptive, and/or innovative technologies to the world market. The Company's 8-year-old Tranzbyte division continues to focus on the development and marketing of its innovative group of optical media enhancement technologies worldwide such as FLASHAlbum, a technology which enables distributors of optic disc media (CDs and DVDs) to combine the best features of both on one USB flash drive.

ABOUT PANPACIFIC INTERNATIONAL, INC.

PanPacific International (www.yespanpacific.com) has become The Amergence Group's first "Spin-Out" subsidiary. Headed by Mr. John T. "Jack" Martin, its chief executive, the company is charged with seeking out edgy and/or disruptive businesses in Hong Kong and the surrounding areas and incorporating them within PanPacific International. PanPacific is located at: 1702 Chinachem Tower, 34-37 Connaught Road Central, Hong Kong, Hong Kong S.A.R.

NOTES ABOUT FORWARD-LOOKING STATEMENTS

Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission reports and filings. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.