SHANGHAI, July 25, 2012 /PRNewswire-Asia/
-- Taomee Holdings Limited ("Taomee" or the "Company")
(NYSE: TAOM), one of the leading children's entertainment and media
companies in China, today
announced that the following shareholder resolutions were adopted
at its annual general meeting of shareholders held on July 25, 2012 in Shanghai, China.
Taomee's shareholders adopted the following ordinary resolutions
proposed by the Company:
- That Mr. Roc Yunpeng Cheng be
re-elected as a Director of the Company;
- That Mr. Ted Lai be re-elected
as a Director of the Company;
- That Mr. Changtian Wang be re-elected as a Director of the
Company;
- That the 2012 Share Incentive Plan, in the form attached as
Exhibit A to the notice of annual general meeting dated
June 25, 2012 be and hereby is
approved and confirmed; and
- That each of the Directors be authorised to take any and every
action that might be necessary to effect the foregoing resolutions
as such Director, in his or her absolute discretion, thinks
fit.
About Taomee Holdings Limited
Taomee Holdings Limited is one of the leading children's
entertainment and media companies in China driven to deliver exceptional
entertainment to children and families. Founded in 2007, Taomee is
one the first companies in Greater
China to develop animated franchises for children through
online virtual world that are both fun and educational. The
Company's virtual worlds are widely trusted by millions of parents
and caregivers across Asia. The
Company's Mole's World and Seer franchises and characters have
reached millions of children and families through virtual worlds,
books, monthly print magazines, mobile applications, animated
television series and movies. For more information, please visit:
http://www.taomee.com/en_taomee.html
- Visit online virtual world communities at www.61.com
- Watch animations and films at http://v.61.com/
- Download mobile games and applications at http://m.61.com/
- Share with other parents and caregivers at
http://mama.61.com/
Safe Harbor Statements
This press release contains statements that may constitute
"forward-looking" statements within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and as defined in the
U.S. Private Securities Litigation Reform Act of 1995.
Forward-looking statements can be identified by words or phrases
such as "may," "will," "expect," "anticipate," "aim," "estimate,"
"intend," "plan," "believe," "potential," "continue," "is/are
likely to" or other similar expressions. Among other things, the
management's quotations and outlook information contain
forward-looking statements. These forward-looking statements
involve known and unknown risks, uncertainties and other factors
which may cause our actual results, performance or achievements to
be materially different from those expressed or implied by the
forward-looking statements. Potential risks and uncertainties
include, but are not limited to: the Company's business strategies
and initiatives as well as business plans; future business
development, results of operations and financial condition;
expected changes in revenues and certain cost or expense items;
expectations with respect to increased revenue growth and the
Company's ability to sustain profitability; the Company's services
and products under development or planning; the Company's ability
to attract users and further enhance the Company's brand
recognition; and trends and competition in the children's
entertainment and media market and industry, including those for
online entertainment. Further information regarding these and other
risks is included in Taomee's filings with the U.S. Securities and
Exchange Commission, including its registration statement on its
final prospectus dated June 10, 2011
and its annual report on Form 20-F dated April 18, 2012. All information provided in this
press release is as of the date of the press release, and the
Company undertakes no obligation to update any forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as required under applicable
law. Although the Company believes that the expectations expressed
in these forward looking statements are reasonable, the Company
cannot assure you that their expectations will turn out to be
correct, and investors are cautioned that actual results may differ
materially from the anticipated results.
For more information, please contact:
Na You
Taomee Holdings Limited
+86-21-61280056-8578
ir@taomee.com
SOURCE Taomee Holdings Limited