SHANGHAI, China, April 16 /Xinhua-PRNewswire/ -- i-level Media Group Incorporated (OTC Bulletin Board: ILVL) today announced that it has been granted executive membership status in China's national taxi association, the China Taxicab and Livery Association ("CTLA" or " the association"), as the association's first foreign-owned member.
As a full member of the CTLA, i-level will enjoy direct access to all of the association's members through industry conferences, monthly newsletters, and the association's website (http://www.chinatla.com). The CTLA currently has more than 600 members that operate in and around China's taxi industry, including taxi operators, vehicle manufacturers, service providers, and government bodies. In granting membership to i-level, the CTLA and its management has recognized the merits of i-level's digital media platform and confirmed i-level's reputation as China's premier digital taxi media company.
CTLA Vice Chairman Mr. Wei Bin Fan stated that "The association is proud to admit i-level to its membership roster and looks forward to working together towards the betterment of the taxi riding experience for passengers, drivers and operators across China."
"We are honored to be the first foreign-owned company to be admitted to the CTLA," stated Aidan Sullivan, President and CEO of i-level. "The association has a long history and a deep understanding of the taxi business inching, and we are very pleased to have their support as we expand i-level's network throughout the Chinese market."
Both parties have agreed to work together to ensure that the Company's digital taxi media platform, the i-level Mobile Media Network, continues to comply with all regulations governing the taxi industry, and to establish the digital media standard that can be promoted nationwide to members of the association.
i-level Media Group Inc. is an emerging media company delivering powerful digital media solutions for out-of-home advertising in China. The company owns and operates one of the largest digital in-taxi advertising networks in existence and also licenses its technology and expertise to third parties seeking mobile digital media solutions. i-level's proprietary technological platform, consisting of high-quality LCD displays mounted inside the passenger compartments of taxis, provides a consistent, reliable and high-impact channel for reaching consumers on the go. Through exclusive distribution agreements with China's leading taxi operators, i-level puts advertisers' messages in front of a highly sought-after audience, in a captive and intimate setting.
The China Taxicab and Livery Association was formed with the mission to create a voice for taxi operators across China in order to set industry standards, promote new technologies, increase safety measures for taxi operation and as well as push other general improvements for the taxi riding experience. The Association counts over 600 active members across the country representing over 900,000 taxis from all 30 of China's provinces. The association works closely with government bodies regulating all aspects of taxi operations to lobby regulators on both national and provincial levels to promote their goals.
This press release contains forward-looking statements which are statements that are not historical facts and are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in such. Although we believe the expectations reflected in our statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements. This news release has been prepared by management of the Company who takes full responsibility for its contents. No regulatory authorities either reviewed or approved or disapproved of the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
