China Media1 Corp. (OTCBB: CMDA) is pleased to announce that the Company has signed four initial contracts for our Chengdu Airport departure level signs. The major brand name advertisers include: Air China (www.airchina.com.cn), Samsung Electronics (www.samsung.com), Pride Tobacco (www.pride56.com), and a Chinese brand name men’s apparel retailer. These posters will be placed on the 8 signs that have been installed at the Departure level of Chengdu Airport. Installation for the Arrival level signs will commence soon and we expect to have advertising shortly thereafter. This initial batch of contracts will generate about US$300,000 in revenue. China Media1 has a 10 year contract to provide a total of 32 illuminated outdoor scrolling signs of different configurations to Chengdu Shuangliu International Airport, the 6th largest in China.
Ernest Cheung, President of China Media1, stated, “The recent addition of advertisers to our Chengdu Airport scrolling signs is testament to the quality, visibility and superior locations we provide to the International advertising community. We would like to thank all of the participants involved in developing the Airport ad signage locations and all of our advertisers.”
About China Media1 Corp.:
China Media1 Corp. has obtained rights to premiere advertising media assets throughout China. Its affiliate, Guangzhou Chuangrun Advertising Co. Ltd., operates the advertising space and advertising contracts with top-tier brand names and multi-national corporations as well as large advertising agencies. China Media1 has focused on providing its clients superior advertising locations based on viewer ship, exclusivity, and uniqueness through the use of its illuminated scrolling poster signs. China Media1’s advertising locations include Airports in Shenzhen, Chengdu, Haikou and Xian, and the Guangzhou MTR (12 Subway Stations). China Media1’s website is www.chinamedia1corp.com.
Forward-Looking Statements:
Any forward-looking statement in this press release is made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertain-ties including, but not limited to, economic and political factors, technological developments, regulatory matters and increased competition. The Company disclaims any obligation to update any such factors or to publicly announce results of any revisions to the forward-looking statements contained herein to reflect future events or developments.