HONG KONG, August 31, 2015 /PRNewswire/ --
Network CN Inc. Appoints New Director
Network CN Inc. (OTCBB.NWCN), a Chinese media and advertising company headquartered in Hong Kong, today announced the Company's appointment of new director to its Board of Directors on August 28, 2015. Please refer to SEC.'s website http://www.sec.gov/Archives/edgar/data/934796/000121465915006367/d8271728k.htm for additional details.
Network CN Inc. Appoints New Sales Director
The Company also announced today the appointment of Mr. James Lin as Sales Director. Prior to his appointment, James held various leadership positions for nearly 22 years in media companies in China and Hong Kong. Recently he served as Accounts Director in Era Media Company, a Hong Kong based media company.
'I am delighted James has accepted this appointment. James brings with him a wealth of knowledge and experience of media and advertising industry, I wish him every success in this new role,' said Earnest Leung, Chief Executive Officer of Network CN Inc. 'We are excited to work with him as we continue to build up our nationwide media network in China. His solid background and rich media experience will help bring significant strategic value to Network CN Inc..'
Network CN Inc. Signs Cross Selling Agreement with Ulpha Group Limited
The Company and Ulpha Group Limited ("Ulpha") have signed the Cross Selling Agreement to cross sell each other's products. Ulpha is a media advertising company in Macau and has built up strong networks with various media includes billboards, transport and prints, etc.
Ulpha has the exclusive rights to operate various types of media including advertising panels/billboard, bus & taxi advertisements, advertising spaces at Macau Ferry Terminal, five routes of China Railway High-Speed, Zhuhai newspapers and Macau newspapers & magazines. The advertising panels/billboards in Macau which are located at the prime locations in both Macau and Taipa. New Era Bus is one of the main public transportation in Macau provides over 28 routes covering the most populated areas. Macau Ferry Terminal is one of the most important travel hub in Macau. The five routes of China Railway High-Speed cover most of major Mainland cities.
Earnest Leung, Chief Executive Officer of Network CN Inc. stated, "We are delighted to expand our media network beyond Shanghai into China's major cities. We look forward to further strengthening our position in the out-of-home media business in China."
Please refer to Network CN Inc.'s website (http://www.ncnmedia.com) for additional details.
About Network CN Inc.
Headquartered in Hong Kong, Network CN Inc. is building a multi-media, multi-application out-of-home advertising network in the key cities of China.
Safe Harbor Statement
This press release includes statements that may constitute "forward-looking" statements, usually containing the word "believe", "estimate", "project", "expect", "plan", "anticipate" or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, risks related to financing, risks attending the build-out of the Company's media network, acceptance of the Company's products and services in the marketplace, competitive factors and changes in regulatory environments. These and other risks relating to Network CN Inc. business are set forth in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission on April 15, 2015, and other reports filed from time to time with the Securities and Exchange Commission. By making these forward- looking statements, Network CN Inc. disclaims any obligation to update these statements for revisions or changes after the date of this release.
Media Contact:
Network CN Inc.
Shirley Cheng
+852-2833-2186
s.cheng@ncnmedia.com
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