BEIJING, Dec. 30 /PRNewswire-Asia/ -- VisionChina Media Inc. ("VisionChina Media" or the "Company") (Nasdaq: VISN), one of China's largest out-of-home digital television advertising networks on mass transportation systems, today announced that it has obtained shareholder approval for all matters submitted for approval at the Company's 2009 annual general meeting held in Hong Kong today.
The following resolution proposed by the Company was approved by VisionChina Media's shareholders:
Ratification of the appointment of Deloitte Touche Tohmatsu CPA Ltd. as the Company's independent auditors for the year ending December 31, 2009.
Materials related to the annual general meeting of shareholders, including the proxy statement, are available through the Company's website at http://www.visionchina.cn .
About VisionChina Media, Inc.
VisionChina Media Inc. (Nasdaq: VISN) operates an out-of-home advertising network on mass transportation systems, including buses and subways that reaches over 40 million viewers each day in China, according to CTR Market Research. As of September 30, 2009, VisionChina Media's advertising network included 84,560 digital television displays on mass transportation systems in 18 of China's economically prosperous cities, including Beijing, Guangzhou and Shenzhen. On October 1, 2009, the Company added the city of Xiamen to its exclusive advertising network. VisionChina Media has the 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:
VisionChina Media Inc.
Mrs. Helen Plummer
Investor Relations Officer
Tel: +86-139-1167-2124
Email: helen.plummer@visionchina.cn
Ogilvy Financial, Beijing
Mr. Derek Mitchell
Tel: +86-10-8520-6284
Email: derek.mitchell@ogilvy.com
In the United States:
Ogilvy Financial, New York
Ms. Jessica Barist Cohen
Tel: +1-646-460-9989
Email: jessica.cohen@ogilvypr.com
