omniture

Linktone to Partner With China Health Media for Wireless Interactive Programming

2006-12-05 15:55 1753

SHANGHAI, China, Dec. 5 /Xinhua-PRNewswire/ -- Linktone Ltd. (Nasdaq:

LTON), a leading provider of wireless interactive entertainment products and

services to consumers in China, announced today that on October 23, 2006, the

Company signed an exclusive partnership with China Health Media (CHM), an out-

of-home advertising provider. China Health Media exclusively operates a

network of audiovisual television displays in to Chinese health care

facilities, such as hospitals and medical clinics. Under the terms of the

agreement, Linktone will be the exclusive operator of short-messaging-service

(SMS) and interactive voice response (IVR) voting platforms for China Health

Media’s interactive trivia questions and games.

(Logo: http://www.prnasia.com/sa/20061101171222-64.jpg )

Chief Executive Officer Michael Li commented, “We are extremely pleased

to partner with China Health Media, an advertising company in China with

extensive reach and strong penetration in the health care industry. More than

1,000 hospitals in China use China Health Media’s advertising network with

total daily traffic surpassing 5 million viewers. As the exclusive provider

of wireless value added services for China Health Media’s interactive

programming, Linktone hopes to identify more opportunities to work closely

with companies like China Health Media in the future.”

Zhao Song Qing, Chairman of China Health Media said, “We are committed

to exploring new media initiatives, and we believe, that through our core

competencies and synergies, Linktone is a perfect partner for us. We are

more than pleased to work with such a strong brand name in China.”

About Linktone Ltd.

Linktone Ltd. is a leading provider of wireless interactive entertainment

products and services in China. Linktone provides a diverse portfolio of

services to wireless consumers, with a particular focus on media,

entertainment and communications. These services are promoted through the

Company’s own marketing channels and through the networks of the mobile

operators in China Through in-house development and alliances with

international and local branded content partners, the Company develops,

aggregates, and distributes innovative and engaging products to maximize the

breadth, quality and diversity of its offerings. Linktone categorizes China’

s wireless services landscape as “MAGIC” -- Music, Advanced Gaming,

Graphics, Instant Messaging and Community.

About China Health Media

Founded in 2004, China Health Media (CHM) is the largest and most

comprehensive advertising network of audiovisual television displays in to

Chinese health care facilities, such as hospitals and medical clinics. CHM

is a wholly owned subsidiary of Beijing Yan Huang Health Care Network. CHM’

s present network coverage includes more than 1,000 hospitals with over 6,000

LCD screens throughout 35 provinces in China providing daily medical and

health care information. In September of 2006, CHM successfully raised a

round of equity financing with Softbank as the lead investor. CHM expects to

ramp up coverage in the near future, boasting more than 6,000 hospitals with

80,000 LCD screens located throughout 60 cities in China by 2008.

FORWARD-LOOKING STATEMENTS

This press release contains statements of a forward-looking nature. These

statements are made under the "safe harbor" provisions of the U.S. Private

Securities Litigation Reform Act of 1995. You can identify these forward-

looking statements by terminology such

as "will," "expects," "anticipates," "future," "intends," "plans," "believes,"

"estimates," and similar statements. The accuracy of these statements may be

impacted by a number of business risks and uncertainties that could cause

actual results to differ materially from those projected or anticipated,

including risks related to: current or future changes in the policies of the

PRC Ministry of Information Industry and the mobile operators in China or in

the manner in which the operators enforce such policies; the risk that other

changes in Chinese laws and regulations, or in application thereof by other

relevant PRC governmental authorities, could adversely affect Linktone’s

financial condition and results of operations; the risk that Linktone will

not be able to compete effectively in the wireless value-added services

market in China for whatever reason, including competition from other service

providers or penalties or suspensions for violations of the policies of the

mobile operators in China; the risk that Linktone will not be able to develop

and effectively market innovative services; the risk that Linktone will not

be able to effectively control its operating expenses in future periods or

make expenditures that effectively differentiate Linktone’s services and

brand; and the risks outlined in Linktone’s filings with the Securities and

Exchange Commission, including its registration statement on Form F-1 and

annual report on Form 20-F. Linktone does not undertake any obligation to

update this forward-looking information, except as required under applicable

law.

Source: Linktone Ltd.
Related Stocks:
NASDAQ:LTON
collection