China Media1 Corp.: Update on the Outdoor Sign Design and Contract.IRVINE, Calif. -- China Media1 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) ), the owner and operator of premiere Chinese advertising media assets, including leading edge illuminated multiple scrolling poster displays, wishes to announce: 1. Since the installation of a test outdoor display sign at the Guangzhou New Baiyun International Airport Guangzhou Baiyun International Airport or Pai Yuen Airport was the main airport in Guangzhou, China, until August 5, 2004, when it was replaced by the identically named Guangzhou Baiyun International Airport, some 17 kilometers away. , the newly designed display sign has gone through a series of enhancements, including (i) a new 4-line LED display, (ii) a new exterior finish, (iii) better poster guide rails, (iv) relocation of the control unit, and (v) a new lighting system that minimizes hot and cold spots. 2. The above enhancements were done in conjunction with the Guangzhou New Baiyun International Airport and in spite of the delays; the contracts are in good standing. The Indoor sign, which is not a new design, will not require the prolonged design period and can be installed right after the outdoor signs. 3. We have started negotiations with a third party that represents several major airports in China for similar advertising space. Mr. Hanxiong (Adrian) Cai, President and Chief Executive Officer of China Media1, commented, "The outdoor signs are a brand new design from scratch. It has taken longer to finally have a machine that meets the requirements of all the parties. We are working on a schedule with the airport authorities An airport authority is an independent entity charged with the operation and oversight of an airport (or group of airports). These authorities are often governed by a group of airport commissioners, who are appointed to lead the authority by a government official. to start installations." About China Media1 Corp.: China Media1 Corp., headquartered in Irvine, California Irvine is an incorporated city in Orange County, California, United States. It is a planned city, mainly developed by the Irvine Company since the 1960s. Formally incorporated on December 28 1971, the 69.7 square mile (180.5 km²) city has a population of 202,079 (as of 2007). , has obtained rights to premiere Chinese advertising media assets in the city of Guangzhou in Southern China. Its affiliate, Guangzhou Chuangrun Advertising Company, 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 viewership, exclusivity, and uniqueness through the use of its illuminated scrolling poster signs at the Guangzhou New Baiyun International airport. China Media1's advertising locations include the Guangzhou New Baiyun International Airport 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 (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 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. " 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 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. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion