Migami, Inc. Announces Signing of Letter of Intent for Business Combination with BBV Vietnam S.E.A. Acquisition Corp.

WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Migami, Inc., (OTCBB: MIGA.OB), located in Woodland Hills, CA, (“Migami”) has entered into a non-binding Letter of Intent regarding a business combination with BBV Vietnam S.E.A. (“BBV”). Pursuant to the provisions of the BBV Articles of Incorporation, BBV has until February 13, 2010 to complete the business combination. If BBV is unable to complete the business combination by February 13, 2010, it must liquidate or it can seek shareholder approval to extend the time period to complete a business combination to February 13, 2011.

“We are delighted to have entered into a Letter of Intent with BBV Vietnam S.E.A. Acquisition Corp. and are very much looking forward to working with BBV and its industry contacts in order to help Migami continue Migami's development and achieve its strategic business goals as rapidly as possible,” states John Park, Chairman and CEO of Migami.

About BBV Vietnam S.E.A. Acquisition Corp.

BBV Vietnam S.E.A. Acquisition Corp., was organized under the laws of the Republic of the Marshall Islands on August 8, 2007 as a blank check company to serve as a vehicle to effect a merger, capital stock exchange, asset acquisition, stock purchase or other similar business combination, or contractual arrangement with an operating business.

About Migami, Inc.

Migami, Inc. licenses drug-delivery systems and technologies to pharmaceutical companies for international distribution and develops and distributes anti-aging cosmetic products worldwide, with a special emphasis on Asia.

Forward-Looking Statements

The information contained in this release, other than historical information, may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Projections and other forward-looking statements and management expectations regarding future events and/or financial performance of Migami, Inc. -- although given in good faith -- are inherently uncertain and actual events or results may differ materially

Additional Information

For additional information regarding this press release, please contact John Park at Migami by calling 818.346.6300 or emailing jpark@migami.net.

Migami, Inc.
John Park, 818-346-6300
jpark@migami.net