BELLINGHAM, Wash. and HONG KONG, Nov. 20, 2007 (PRIME NEWSWIRE) -- Asia Properties, Inc. (API) (Pink Sheets:ASPZ) today further explained its 1:10 dividend of its shares in Microart, Inc. (Other OTC:MCRT) common stock.

"Our IR team has been receiving phone calls requesting more explanation about MCRT and our reasons for the dividend. Our goal with MCRT is to inject our non-real estate IT assets and grow this company independently of API," said CEO, Daniel McKinney.

The share dividend entitles each holder of ten shares of API's common stock to receive a dividend of one common share of MCRT. Asia Properties' shareholders of record on November 30, 2007 will be entitled to receive the common stock dividend distribution.

API announced on November 15th that it had invested its 2 million shares of Entellium into MCRT in exchange for equity. Entellium is one of the world's fastest growing providers of CRM software solutions with competitors such as Salesforce.com (NYSE:CRM) and Siebel. Please see: www.entellium.com

About MCRT:

We are currently in final negotiations to acquire a profitable IT company, Digital One Limited (www.DG21.com), which incorporate the latest internet TV platform. We then plan to file a SEC registration statement, and list MCRT on the OTC Bulletin Board in 2008. MCRT is currently traded on the "grey-sheet" market with a quoted asking price of $0.35 per share.