China Media 1 Changes Symbol; New Trading Symbol and Issuance of Shares for Acquisition.IRVINE, Calif. -- China Media 1 Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CMDA CMDA Chennai Metropolitan Development Authority (India) CMDA Christian Medical & Dental Association CMDA Capital Markets Development Authority (Fiji) ) today announced that the Company has started trading under the symbol OTCBB:CMDA. The Company has also issued 3,700,000 shares from treasury to complete the acquisition of the Guangzhou Baiyun International Airport Guangzhou Baiyun International Airport (IATA: CAN, ICAO: ZGGG) (Simplified Chinese: 广州白云国际机场; Traditional Chinese: and the Guangzhou MTR MTR Motor MTR Meter MTR Mass Transit Railway MTR Mountaintop Removal (coal mining method) MTR Mid-Term Review MTR Mortar MTR Museum of Television and Radio MTR Magnetization Transfer Ratio (Subway) contracts. About China Media 1 Corp.: China Media 1, headquartered in Irvine, California recently changed business focus through the acquisition of key China advertising rights. The Company owns and operates specialty media assets throughout Southern China that include physical advertising space and the advertising contracts with National and Multi-National corporations. Currently, the Company conducts business at the Guangzhou Baiyun International Airport and the Guangzhou MTR - (Subway). The Company's website is www.chinamedia1corp.com Forward Looking Statements: Any forward-looking statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. in this press release is made pursuant to the "safe harbor" provisions of 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. Forward-looking statements involve risks and uncertainties 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. On behalf of the Board of Directors: "Signed" Ernest Cheung, Director |
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