BEIJING, Jan. 18 /Xinhua-PRNewswire-FirstCall/ -- VisionChina Media Inc. (Nasdaq: VISN), one of China’s largest mass transportation mobile television advertising networks, today announced the promotion of Mr. Haijun Liu to chief development officer.
"We are very pleased to have Mr. Liu move into this key role on our management team," said Mr. Limin Li, VisionChina Media’s chairman and chief executive officer. "Since joining us in 2005, Mr. Liu has contributed significantly to VisionChina Media’s rapid growth as we’ve expanded our own network into 14 tier one and tier two cities, reaching 26 million viewers per day. His excellent execution capabilities and extensive experience working with our partner local TV stations and bus and subway operators will help us continue in our fast expansion of our network in China, especially as we prepare for the 2008 Beijing Olympic Games."
Ms. Dina Liu, VisionChina Media’s chief financial officer added, "Mr. Liu brings more than ten years of industry and management experience and has amassed vast operational experience while he acted as the general manager of our Jilin joint venture and our Beijing operations on buses and subways. During his term in Beijing, Mr. Liu has not only been able to rapidly bring the number of screens on buses to approximately 18,000 as of December 31, 2007, reaching a respectable level of penetration on Beijing buses, but he also successfully secured contracts with Beijing subways to expand VisionChina’s presence on Beijing’s two existing subway lines in August 2007. We are confident that he will draw on his experiences in these roles as the chief development officer."
Mr. Liu’s appointment to chief development officer is effective immediately.
Mr. Liu has previously been a vice president at VisionChina Media and general manager of BAMC Mobile TV Advertising Co., Ltd. since July 2006. He joined VisionChina Media in 2005 as the first general manager of VisionChina Jilin Mobile TV Co., Ltd. There he successfully established a long-term co-operational relationship with Changchun Mass Transit Group and enabled VisionChina to gain a leading position in the local mass transit media market. Prior to joining VisionChina, Mr. Liu was national sales manager of Huali Group, a joint venture, where he led the successful development of the national market for home appliance brands including Sony and Aiwa. At Hauli, his team held more than 33% market share for 5 consecutive years and he was awarded the Huali Group’s Golden Global Sales Award in 2002. Mr. Liu has a master’s degree in electronics from Xi’an Jiaotong University and is certified as a senior engineer. He won VisionChina Media’s Highest Adversity Quotient Award in 2006.
About VisionChina Media, Inc.
VisionChina (Nasdaq: VISN) operates an out-of-home advertising network on mass transportation systems, including buses and subways that reach approximately 26 million viewers each day in China, according to CTR Market Research. As of September 30, 2007, VisionChina’s advertising network included over 33,000 mobile digital displays on mass transportation systems in 14 of China’s most affluent cities, including Beijing, Guangzhou and Shenzhen. VisionChina has the unique ability to deliver real-time, location-specific broadcasting, including news, stock quotes, weather and traffic reports and other entertainment programming. For more information, please visit http://www.visionchina.cn .
For investor and media inquiries, please contact:
In China:
Mr. AJ Wang
Senior IR Manager, VisionChina Media, Inc.
Tel: +86-10-8418-6339
Email: aj.wang@visionchina.cn
Mrs. Helen Plummer
Ogilvy Public Relations Worldwide (Beijing)
Tel: +86-10-8520-3090
Email: helen.plummer@ogilvy.com
In the United States:
Mr. Jeremy Bridgman
Ogilvy Public Relations Worldwide (New York)
Tel: +1-212-880-5363
Email: jeremy.bridgman@ogilvypr.com
