Alliance Creative Group (ACGX) Reports 136% Increase in Net Income and a 29% Increase in Revenue for Q3 2011 Compared to Q3 2010

CHICAGO, Nov. 17, 2011 /PRNewswire/ -- Alliance Creative Group, Inc., (http://www.AllianceCreativeGroup.com) (Stock Symbol: ACGX.pk) is pleased to announce the results of Operations for the Three Months Ended September 30, 2011 compared to the Three Months Ended September 30, 2010 along with becoming current status with OTC Markets and completing positive negotiations with majority of the note holders to freeze over $900,000 in liabilities.

Revenues for the three months ended September 30, 2011 ("Third Quarter 2011") were $2,193,593 compared with $1,703,444 for the three months ended September 30, 2010 ("Third Quarter 2010").  That is an increase of $490,149 or 29% for the quarter.

Gross Profits were $602,712 compared to $383,489.  That is an increase of $219,223 or a 57% increase.  Net Incomes were $193,825 compared to $82,233.  That is an increase of $111,592 or a 136% increase.  

The total assets of the Alliance Creative Group as of 9/30/11 were $4,016,649.  The total outstanding shares as of November 16, 2011 are 8,554,746 with 8,415,221 of those shares in the float.

The company has updated all the required information and disclosures online along with the proper legal opinions and has been labeled Current status on the OTC Markets.  Management has also agreed with majority of the debt note holders to freeze over $900,000 until 2012 and continue negotiations to further benefit the company next year.

The full financial statement, balance sheet, cash flow statement, stockholder equity and information and disclosure statements are on the Company website at http://alliancecreativegroup.com/investor-relations under the section for financials and on www.OTCmarkets.com under stock symbol ACGX.

CEO of the Alliance Creative Group, Paul Sorkin, said, "This is our 8th consecutive quarter with positive numbers and we've already started strong for Q4 2011 as well.  We have updated all of the company information and disclosures online to help with the transparency in the market.  We have paid down more debt and we have successfully negotiated with majority of our note holders to freeze their notes until next year and allow us to negotiate again in 2012.  We are continuing our aggressive search for good strategic partners and potential acquisitions to help continue growing both organically and by acquisition.  Our overall goals continue to be increased revenues, profits, stock price, stock liquidity and increased shareholder value and we will continue to look for and evaluate the best ways to accomplish these goals."

About Alliance Creative Group, Inc.

ALLIANCE CREATIVE GROUP, Inc. (Stock Symbol: ACGX) is a printing, packaging and marketing company.  The Alliance Creative Group is a brand awareness conglomerate that utilizes shared resources to create synergies between their projects and companies to create quality results and long-term partnerships.  The core business areas include creative and design services, printing and packaging, product development, event marketing, business consulting and strategic marketing. www.AllianceCreativeGroup.com

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

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SOURCE Alliance Creative Group, Inc.