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VODone Announces Constant Lottery Users Exceed 500,000

2009-08-07 21:42 1137

A Rapid Business Development

HONG KONG, Aug. 7 /PRNewswire-Asia/ -- VODone Limited ("VODone" or the "Group"; stock code: 0082.HK), a leading Chinese new media operator is pleased to announce that its instant Internet broadcasting of lottery results and mobile lottery business, “Constant Lottery”(http://ssc.vodone.com/ ) has drawn widespread attention from nationwide Chinese lottery fans and netizens since its debut on 8 July 2009. The registered users have soared over 500,000.

Regulation on Administration of Lottery came into effect on 1 July 2009, which announced the cancellation of the issue cap limit and extension of the prize exchange period and therefore boosted the lottery market. VODone’s creative idea on “Constant Lottery” highly attracts lottery fans for its exclusive Internet live video programming on drawing with winning numbers and lottery results released every 10 minutes. These are all reasons that led to Constant Lottery winning over 500,000 Internet users in just 1 month since its launch.

Due to the development of lottery purchase through modern telecommunication technology by VODone’s Constant Lottery and Mobile Lottery, lottery fans have supporters from low-and-middle to high-income and high-consuming intellectuals. Constant Lottery will enjoy a potential user base covering around 660,000,000 mobile users and 380,000,000 netizens for its interesting and exciting playing pattern and high winning rates. The Group will continue to actively promote Welfare Lottery in Constant Lottery and Mobile Lottery to citizens in the PRC.

VODone’s “Constant Lottery” business is under cooperation with Heilongjiang Welfare Lottery Center, which is authorized by the Ministry of Finance, the Ministry of Civil Affairs and other relevant government authorities. “Electronic Lottery Drawing System” self-developed by the Center has smoothly passed the authentication by the expert panel comprising professors from the State Key Laboratory of Information Security of Chinese Academy of Sciences and Harbin Engineering University. The system ensures the safety and reliability of Constant Lottery. Meanwhile, “Constant Lottery” also provides an important channel for China welfare cause and welfare funding.

“Constant Lottery” has welcomed its first winner a grand prize of ten thousand yuan and many other levels of lottery awards are continuous. VODone’s “Constant Lottery” is becoming an irreplaceable part of modern living.

About VODone Limited

VODone (http://www.vodone.com ) is currently the only Internet video broadcasting company listed in Hong Kong. The affiliated company of VODone - VODone Telemedia is a IState-owned Enterprise which owns the fullest set of qualifications and licenses in China’s Internet broadcasting industry. It has also obtained the Information Network Communicated Audio-Video Program Licence, Internet News Permit, Value added Telecom Service Operation License, Internet Publication Permit and all other required licenses, ensuring itself a healthy development in the future.

China Welfare Lottery Center is responsible for monitoring and controlling the operations and purchasing of welfare lottery in the PRC, and the same as China Association of Social Workers, it is governed by Ministry of Civil Affairs of the People’s Republic of China. VODone Telemedia is a State-owned Enterprise of the China Association of Social Workers, this ensures the reliability of VODone’s lottery ticket sales distribution channel. VODone has signed a 50 years operational contract with VODone Telemedia, ensuring VODone Telemedia exclusively provide a series of telemedia services to VODone.

Och-Ziff is a significant shareholder of VODone Limited, owning approximately 10% of its shares.

VODone IR website: http://ir.vodone.com

This press release is distributed by Wonderful Sky Financial Group Limited on behalf of VODone Limited.

Source: VODone Limited
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