BEIJING, Sep. 3 /Xinhua-PRNewswire-FirstCall/ -- Greater China Media & Entertainment Corporation (OTC Bulletin Board: GCME) ("GCME" or the "Company"), an integrated professional media and entertainment company, today announced that Mr. Xiaolin Liu, a member of the Company's Board of Directors, attended the 2007 China International Film & TV Programs Exhibition to screen and promote GCME's 'Tough Guy' movie.
The 2007 China International Film & TV Programs Exhibition, which was held on August 23 - 25 at the Beijing Exhibition Center, is the largest such event in Asia. Last year's exhibition attracted 721 exhibitors featuring over two thousand programs, including domestic and international media groups, TV stations, distribution companies, broadcasting corporations as well as financial institutions interested in media investment. Deals consummated over the course of last year's exhibition totaled 936 million Chinese RMB (approximately US$124 million).
"The 2007 China International Film & TV Programs Exhibition is the premier venue through which to promote 'Tough Guy', which we believe is unlike any movie shown at the exhibition," said Mr. Wei, Chairman and CEO of Greater China Media & Entertainment Corporation. "The screenplay was very well received and the audience found lead actor Liu Ye's performance compelling, which we believe bodes well for the future success of 'Tough Guy'."
About Greater China Media and Entertainment Corporation:
Greater China Media & Entertainment Corp. is an integrated professional media and entertainment company covering various areas including film and TV program production, management, promotion and distribution. The Company maintains its own film and television production center, promotion agency, audio-visual distribution company, digital network company, talent agency, and sales and advertising agency as a result of recent joint ventures. With its broad range of media and entertainment talents, the Company is capable of making films, TV programs and related projects on a large scale.
Joint ventures:
In June 2006, GCME signed and closed an Acquisition Agreement with Triumph Research Limited, which is a BVI company and party to a Joint Venture Agreement with Beijing Tangde International Film and Culture Co., Ltd. (Tangde), a Chinese company focused on producing TV programming and movies. The Company's public relations, media strategy, consulting and event management joint venture, Beijing Racemind HuaDing International Marketing Consultants Limited (Racemind HuaDing) was organized in 2006 and approved for business by the Beijing Administration for Industry in May 2007. The Company also signed an agreement with Beijing Star King Talent Agency to form a joint venture to carry on business as a talent agency.
Recent milestones:
Movie and television series production and distribution
-- Signed a production and distribution deal with Mega Vision
Productions Limited for the new 'Tough Guy' movie.
-- Took delivery of its first script for its 'True Love' television
series to be directed by famed director Wong Jing.
-- Signed a production and distribution deal for its 'Poor Dad, Rich
Dad' television series with HuaYi Union Cultural Media Investment
Company Limited.
Racemind HuaDing:
-- Selected by China's CCTV to organize the 2007 Asia-Pacific Robot
Contest.
-- Provided public relations services to Beijing ShiChuang Environmental
Protection Development Co., Ltd.
-- Signed service agreement with Siemens LTD. China's Transportation
Systems group.
-- Organized Johnson & Johnson "Family Event".
-- Selected by Microsoft China as an approved public relations vendor,
and arranged conferences, new product press releases and events.
For more information please visit the Company website at http://www.greaterchinamedia.com .
Forward-looking statements:
This report contains "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. All statements other than statements of historical facts included in this report are forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors; developments of the Chinese and North American markets and changes in regulatory matters; our business strategies and future plans of operations; the market acceptance and amount of sales of our products and services; our historical losses; the competitive environment within the industries in which we compete; and our ability to raise additional capital, currently needed for expansion.
The Company cautions that forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements due to several important factors.
