BEIJING, Jan. 18 /Xinhua-PRNewswire-FirstCall/ -- VisionChina Media Inc.
(Nasdaq: VISN), one of China’s largest mass transportation mobile television advertising networks, was nominated for the “Highest Investment Value Award” at the Third Annual Media Innovation in China Conference on October 26, 2007. VisionChina Media’s “outdoor digital TV” concept has enabled the company to gain publicity and a competitive edge in the industry.
“By installing digital TV screens on buses, at subway stations and in other highly-populated public areas, VisionChina Media’s goal is to make it possible for all of China’s 1.3 billion people to watch television anywhere, anytime, while allowing its advertisers gain access to larger audiences,” said Mr. Xiaowei Chen, chief strategy officer of VisionChina Media.
VisionChina successfully listed on Nasdaq in New York and raised US$100 million in its initial public offering. Through independent initiatives and partnerships with international and domestic companies, VisionChina has managed to expand rapidly in China, where the demand for outdoor media, particularly outdoor advertising, has been growing steadily in recent years. VisionChina Media has helped drive technological innovation in this field by introducing wireless digital signal transmission technology and bringing television shows to wider screens and larger audiences.
VisionChina’s core goals include consolidation of the outdoor digital TV advertising markets in China’s most affluent cities, establishment of a nationally syndicated outdoor digital TV advertising network, elimination of geographical restrictions on advertising operations and better outreach for advertisers.
The Third Annual China Media Innovation Conference is organized jointly by www.baoye.net and the School of Journalism of Fudan University. The theme this year centered on “Media Integration”. Many senior media regulators, media gurus and prominent scholars were invited to discuss the issue of consolidation and integration of media resources in the new high tech environment.
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
