SHANGHAI, China, Oct. 13 /Xinhua-PRNewswire/ -- Focus Media Holding Limited (Nasdaq: FMCN), China's largest multi-platform digital media company, announced shareholder resolutions adopted at its annual general meeting of shareholders held in Shanghai today.
Focus Media shareholders adopted the following resolutions proposed by the Company:
1. Approval of the election of Ying Wu to serve on the board of directors
as an independent director for a three year term or until such
director's successor is elected and duly qualified; and
2. Ratification of the appointment of Deloitte Touche Tohmatsu CPA Ltd. as
independent auditors of the Company for the fiscal year ending December
31, 2008.
For more detailed information regarding these resolutions, please review the 2008 Annual General Meeting Notice posted at http://ir.focusmedia.cn .
About Focus Media Holding Limited
Focus Media Holding Limited (Nasdaq: FMCN) is China's leading multi- platform digital media company, operating the largest out-of-home advertising network in China using audiovisual digital displays, based on the number of locations and number of flat-panel television displays in our network, and is also a leading provider of mobile handset advertising and Internet marketing solutions in China. Through Focus Media's multi-platform digital advertising network, the company reaches urban consumers at strategic locations and point-of-interests over a number of media formats, including audiovisual television displays in buildings and stores, advertising poster frames and other new and innovative media, such as outdoor light-emitting diode or LED digital billboard, mobile handset advertising networks and Internet advertising platforms. As of June 30, 2008, Focus Media's digital out-of-home advertising network had approximately 123,100 LCD display/digital frames in its commercial location network, approximately 58,500 LCD displays in its in- store network and approximately 275,900 advertising in-elevator poster and digital frames, installed in over 90 cities throughout China, and approximately 200 outdoor LED billboard displays in Shanghai. For more information about Focus Media, please visit our website at http://ir.focusmedia.cn .
