All Line, Inc., (Pink Sheets:ALIN), a company engaged in telecommunications, multimedia, and IT development today announced that on December 12, 2008 the Company signed a definitive agreement to acquire a ten percent ownership in Chinese Media Group Corporation (CMGC), a company focused on providing multi-media contents to overseas Chinese, which has the potential to reach an enterprise value of more than $300 million in the next three to five years.

According to the agreement, All Line agrees to pay CMGC $1,000,000 in cash and 15,000,000 shares of All Line restricted stock for the initial 10% stake in CMGC. The transaction is scheduled to close on or before February 13, 2009. All Line also has an option to acquire another 41% of CMGC in the future on terms and conditions mutually acceptable to both parties.

The acquisition of CMGC is part of All Line’s new initiative to own interests in select Asian multi-media businesses that have potential for sustainable growth with a goal to eventually consolidate highly successful ones under a new All Line’s Asian multimedia division in the future.

Allen Wu, Chairman of East Media Holdings (EMHI) which owns the majority of CMGC, stated: “With Chinese Americans representing the largest Asian-American group in the U.S., one and half billion Chinese-speaking population in Greater China and throughout ASEAN and beyond, we expect to witness exciting developments going forward and the potential to reach an enterprise value of $300 million or more for CMGC in the next three to five years.”

Won Jai Chang, President of All Line, concurred: “We are very excited about the definitive agreement with Chinese Media Group. This fits well with All Line’s new initiative to own interests in select Asian multi-media businesses that have potential for high growth and we believe this will increase the market value of our company.”

About All Line

All Line, Inc. (OTC Pink Sheets:ALIN) is a Nevada corporation engaged in telecommunication, multimedia, IT development, and environmentally friendly energy and resources. The Company has established strong business ties in these areas with Korea and other Asian countries. For more information, visit the Company’s web site www.allline.com [1].

About Chinese Media Group

Chinese Media Group Corporation (CMGC) was established by a group of seasoned media veterans and is a majority owned subsidiary of East Media Holdings Inc. (EMHI) (www.emhi.net [2]). CMGC aims to own and operate Chinese multimedia, including print, online, on air and convergence, across the Americas and Asia-Pacific. Web site: www.cmgc.tv [3]