BEIJING, Dec. 23, 2010 /PRNewswire-Asia-FirstCall/ -- Subaye, Inc. (Nasdaq: SBAY) ("Subaye" or the "Company"), a leading online business services provider in China engaged in enterprise cloud computing and video marketing business solutions, today announced that due to the delay in the release of Subaye's earnings release on December 23, 2010, Subaye will reschedule its fiscal year 2010 financial results conference call for Monday, December 27, 2010 before the market open. The conference call will take place at 9:00 a.m. ET on Monday, December 27, 2010. Interested participants should call 1-877-941-2068 when calling within the United States or 1-480-629-9712 when calling internationally (passcode 4394771). This conference call will be broadcast live over the Internet and can be accessed by all interested parties by clicking on this link:http://viavid.net/dce.aspx?sid=00007F5A, or visiting http://www.viavid.net , where the webcast can be accessed through January 4, 2011.
A playback will be available through January 4, 2011. To listen, please call 1-877-870-5176 within the United States or 1-858-384-5517 when calling internationally (passcode 4394771).
About Subaye, Inc.
Subaye, Inc. is a leading online business services provider in China engaged in enterprise cloud computing and video marketing business solutions. Subaye's online business services include business to consumer (B2C) ecommerce, emanagement solutions, emarketing solutions, eservice solutions and video search engine optimization. For further information on Subaye, Inc., please visit http://www.subaye.net.
Forward-Looking Statements
Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about Subaye, Inc.'s industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of the Company may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Subaye, Inc.'s operations are conducted in the People's Republic of China ("PRC") and, accordingly, are subject to special considerations and significant risks not typically associated with companies in North America. These include risks associated with, among others, the political, economic and legal environment and foreign currency exchange. The Company's results may be adversely affected by changes in the political and social conditions in the PRC and by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion, remittances abroad, and rates and methods of taxation. Other potential risks and uncertainties include but are not limited to the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. Readers should review carefully reports or documents the Company files periodically with the Securities and Exchange Commission.
For more information, please contact:
James Crane
Chief Financial Officer
China: +86-186-2136-3580
U.S.: +1-617-699-6325
