ASI Entertainment Receives First Royalties

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Seattle, WA | February 11, 2013– ASI Entertainment, Inc. (OTCQB:ASIQ) announced today that it has received royalties from its intellectual property licensed to ASiQ Limited. The product is marketed by ASiQ under the brand name BizjetMobile, and following 2 years of flight testing, was released in November 2012 and is currently in operation on aircraft in Australia and the USA.

The Company initially receives royalties from system sales and then from ongoing data communication revenues as each aircraft commences operation. In addition, the Company has entered into a heads of agreement with its former subsidiary that will increase the Company’s revenue potential even further.

Under the new agreement, not only will the Company receive its 10% intellectual property royalty but, will also manage the billing and associated communication services on behalf of ASiQ for the North American Bizjet market and receive a further 5% of all net revenue after agents fees and financing costs.

President of the Company, Ron Chapman, stated: ASiQ under license from the Company, has developed a revolutionary inflight communications system for business aircraft, integrating iPhones and iPads to the global Iridium and Inmarsat satellite networks.

The heads of agreement is for a period of 45 days, during which time a formal 12 months agreement will be entered into which will include the option for the Company to acquire the permanent rights.

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