Alpha Spacecom, Inc. Creates Four New Operational Divisions to Control Explosive Growth Entertainment & Digital Conversion Company Sees Need for Additional Staff to Provide Expanded Services HONG KONG and LOS ANGELES, Feb. 7 /PRNewswire-FirstCall/ -- Alpha Spacecom, Inc. (OTC:ASPC) (BULLETIN BOARD: ASPC) , today announced that it has created four new operational divisions: Spectrum Digital Cinema Company, China Cinema Development Company, Hemisphere Entertainment Group, China, and World Satellite Link Communications Corp., to manage and control the Company's rapid expansion. Alpha Spacecom Chairman, Fung T. Sien, pointed out, "We distribute international entertainment in China via satellite, and are contracted to convert a large number of movie theatres in China to digital mode. We have a growing need for financial experts, communications specialists, content producers, technical specialists, and support staff for our workforce to service our subscriber base and to satisfy the demands of our governmental and non-governmental contracts." Alpha Spacecom tests, acquires, and installs conversion equipment from the United States, Europe and Asia. In addition, the Company distributes films, theater, live music and sporting events through its entertainment division. According to China Digital Film Company, China will overtake the United States in the number of digital theatres by the end of 2005, with more than 150 digital cinemas in China projected. The number of digital cinemas in the country is expected to reach 1,000 within a few years. About Alpha Spacecom, Inc. Alpha Spacecom, Inc. is a registered United States (Colorado) corporation traded on the (OTC:ASPC) (BULLETIN BOARD: ASPC) . Alpha Spacecom is engaged in the research and development of technology and systems conversions related to the reconstruction and digital conversion of movie theaters and multi-cinema complexes and the satellite distribution of entertainment media (film, theater, live music and sporting events) in China. (http://www.alphaspacecom.com/). Except for historical information contained herein, the matters set forth in this press release, such as statements relating to the Company's ability to drive technological developments and the acceptance and timing of entertainment systems, conversion and programming introductions, are forward-looking statements that are subject to risks and uncertainties, including timely development and acceptance of new systems technologies, theater conversions and satellite linked communications. Contact: John Santoyo Investor Relations 213-426-3206 213-426-3207 Los Angeles, California, USA DATASOURCE: Alpha Spacecom, Inc. CONTACT: John Santoyo, Investor Relations of Alpha Spacecom, Inc., +1-213-426-3206, +1-213-426-3207, Web site: http://www.alphaspacecom.com/

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