Xinhua Finance Media Wins China.com.cn Exclusive Partnership Contract
July 05 2007 - 9:00AM
PR Newswire (US)
BEIJING, July 5 /Xinhua-PRNewswire-FirstCall/ -- Xinhua Finance
Media ("XFMedia"; Nasdaq: XFML), China's leading diversified
financial and entertainment media company, announced that its
Advertising Group has signed an exclusive partnership contract with
House.china.cn, the real estate portal under China.com.cn, one of
China's leading portal sites. China.com.cn provides a full range of
information in Chinese, with versions in 10 other languages
including English, French, Deutsch, Japanese, Korean, Spanish and
Russian. Carrying timely real estate market information, its real
estate portal, House.china.cn, attracts over 30,000 page views
daily. Under the 5-year partnership contract, XFMedia will have the
exclusive rights to sell advertising on House.china.cn and organize
marketing events for advertisers across China. XFMedia will also
provide House.china.cn with content consultation services such as
the latest financial news and insightful market research studies.
"I am delighted that we have been chosen by China.com.cn because of
our proven capability in real estate advertising," Xinhua Finance
Media CEO Ms Fredy Bush said. "The partnership represents a
successful integration of XFMedia's production, advertising and
events management capabilities." "We continue to pursue greater
market share in the Internet advertising space, with particular
attention to the real estate category given the continued rapid
growth and strong prospects for that sector. XFMedia aims its
services at high net worth individuals nationwide, and the
exclusive partnership with China.com.cn will create good synergies
for both sides," she added. Early this year, XFMedia's Advertising
Group was also appointed to conduct ad sales for Sina.com's real
estate section, and controls about 50% of the space in that
section. XFMedia's Advertising Group designs, produces and places
advertising with integrated campaigns that reach television, radio,
newspapers, magazines, online and outdoor media in China. About
Xinhua Finance Media Limited Xinhua Finance Media ("XFMedia";
Nasdaq: XFML) is China's leading diversified financial and
entertainment media company targeting high net worth individuals
nationwide. The company reaches its target audience via TV, radio,
newspapers, magazines and other distribution channels. Through its
five synergistic business groups, Advertising, Broadcast, Print,
Production and Research, XFMedia offers a total solution empowering
clients at every stage of the media process and keeping people
connected and entertained. Headquartered in Beijing, the company
has offices and affiliates in major cities of China including
Beijing, Shanghai, Guangzhou, Shenzhen and Hong Kong. For more
information, please visit http://www.xinhuafinancemedia.com/ . Safe
Harbor Statement This announcement contains forward-looking
statements. These statements are made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates," 'confident' and
similar statements. Among other things, expectations about the
Chinese advertising and real estate markets and quotations from
management in this announcement contain forward-looking statements.
Statements that are not historical facts, including statements
about XFMedia's beliefs and expectations, are forward- looking
statements. Forward-looking statements involve inherent risks and
uncertainties that could cause actual results to differ materially
from those contained in any forward-looking statements. Potential
risks and uncertainties are risks outlined in XFMedia's filings
with the U.S. Securities and Exchange Commission, including its
registration statement on Form F-1. All information provided in
this press release is as of the date hereof, and XFMedia undertakes
no duty to update such information, except as required under
applicable law. For more information: China Xinhua Finance Media
Joy Tsang Tel: +86-21-6113-5999 Email: DATASOURCE: Xinhua Finance
Media Limited CONTACT: Ms. Joy Tsang of XFMedia, +86-21-6113-5999,
or web Site: http://www.xinhuafinancemedia.com/
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