CXN Media Corporation Files -8-K- Disclosing Other Events.Business Editors MIAMI--(BUSINESS WIRE)--May 20, 2003 China Xin Network Media Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CXIN) a premiere provider of China-based analytical market research data and customized market research analysis, today announced that on Thursday, May 15, 2003 the company filed an 8-K with the SEC disclosing other events. George Lee, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CXN CXN Checkerboard Nightmare (web comic) Media Corporation ("CXN") commented, "In our continuous effort to be open with our shareholders, clients and employees, we wanted to properly disclose events that are germane ger·mane adj. Being both pertinent and fitting. See Synonyms at relevant. [Middle English germain, having the same parents, closely connected; see german2. to our ongoing business operations. We are very excited about the future of the new management team, new direction and new opportunities before CXN. As CXN grows and continues to execute against our business strategy, we will continue to keep our clients and shareholders informed of further momentum in our business." Items disclosed in the 8-K include: -- Official Notice of CXN Relocation to Miami Offices -- Additional detail of CXN Strategy and Business Direction -- Notification of Finalized CXN Multi-Year Agreement with CEInet -- Formal announcement of cancellation of acquisition of Smart Investor magazine of Singapore and Malaysia -- Introduction of additional funding requirements for future business growth Filing can be retrieved from the SEC website at: http://www.sec.gov/Archives/edgar/data/1073785/000107378503000011/ 0001073785-03-000011.txt (Due to the length of this URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. , it may be necessary to copy and paste To copy files from one location to another or to copy text and images from one document to another. All modern operating systems and applications have a copy and paste capability that is typically selected from an Edit menu. See cut and paste and Win Copy between windows. this hyperlink into your Internet browser's URL address field.) ABOUT CXN MEDIA CORPORATION CXN MEDIA CORPORATION is a global provider of financial, economic and business information on the People's Republic of China. Through its partnership with the China Economic Information Network (CEInet), CXN sources, produces and customizes market research and business intelligence on the People's Republic of China. For more information about China Xin Network Media Corporation (OTCBB: CXIN), see www.cxnonline.com. SAFE HARBOR Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. STATEMENT Safe Harbor Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements, contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties including, without limitation, demand and competition for the Company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from its operations and the ability of the Company to manage its operations. |
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