Subaye, Inc. to Host Third Quarter Fiscal Year 2010 Results Conference Call on August 17, 2010 at 4:15 p.m. ET

2010-08-12 04:50 1182

    GUANGZHOU, China, Aug. 12 /PRNewswire-Asia-FirstCall/ -- Subaye, Inc. (Nasdaq: SBAY) ("Subaye" or the "Company"), a leading outsourced marketing services provider in China engaged in online video advertising and cloud computing business solutions, today announced that it will release its third quarter fiscal year 2010 financial results on Monday, August 16, 2010 after the market close. In conjunction, the Company will host a conference call to discuss these results.

    The conference call will take place at 4:15 p.m. ET on Tuesday, August 17, 2010. Interested participants should call 1-877-941-8418 when calling within the United States or 1-480-629-9809 when calling internationally (passcode 4344291).

    This conference call will be broadcast live over the Internet and can be accessed by all interested parties by clicking on this link: , or visiting , where the webcast can be accessed through August 24, 2010.

    A playback will be available through August 24, 2010. To listen, please call 1-877-870-5176 within the United States or 1-858-384-5517 when calling internationally (passcode 4344291).

    About Subaye, Inc.

    Subaye, Inc. is a leading outsourced marketing services provider in China engaged in online video advertising and cloud computing business solutions. Subaye's online video advertising network provides production, upload, storage, and publishing onto video sharing websites. Subaye also offers cloud computing business solutions and is in the process of developing an online mall with 3D imaging throughout the online customer interface. Visitors of Subaye's websites, namely, , view video showcases of Subaye members, primarily small to mid-size enterprises ("SMEs"), and select products or services they wish to purchase. Paying members utilizing Subaye's video advertising platform pay a membership fee of approximately $117.0 per month. The Company previously conducted a trade services and an entertainment media business. For further information on Subaye, Inc., please visit .

    Forward-Looking Statements

    Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about Subaye, Inc.'s industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of the Company may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Subaye, Inc.'s operations are conducted in the People's Republic of China ("PRC") and, accordingly, are subject to special considerations and significant risks not typically associated with companies in North America. These include risks associated with, among others, the political, economic and legal environment and foreign currency exchange. The Company's results may be adversely affected by changes in the political and social conditions in the PRC and by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion, remittances abroad, and rates and methods of taxation. Other potential risks and uncertainties include but are not limited to the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. Readers should review carefully reports or documents the Company files periodically with the Securities and Exchange Commission.

    For more information, please contact:

     James Crane
     Chief Financial Officer
     P.R.C. Cell: +86-186-2136-3580
     U.S. Office: +1-617-209-4199

    Investor Relations:
     Ted Haberfield
     HC International, Inc.
     Tel:   +1-760-755-2716 (US)

Source: Subaye, Inc.
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