China Cable and Communication Anticipates Strong Growth in 2005

China Cable and Communication Anticipates Strong Growth in 2005

BEIJING, Feb. 23 /Xinhua-PRNewswire-FirstCall/ -- China Cable and Communication, Inc. (BULLETIN BOARD: CCCI) , a leading China-based cable TV company President and CFO, Mr. Gareth Tang, speaks about the companies objective and focus for 2005.

''As we begin 2005,'' stated Mr. Tang, ''We're encouraged by the progress we made and lessons learned in 2004. In addition to our plans of increasing our equity stake from 49% to 52%, we are investing in CATV system upgrades. These upgrades will allow us to deliver additional value-added services like ''always-on-line" internet access, multiplayer gaming capabilities, video and music on demand, and other broadband content offerings.''

Mr. Tang continued, ''At present, the current value of the Chinese digital television market is approximately $34 billion. Cable television is currently viewed in only about 20% of the households in China. Compare that to greater than 70% in the United States and one can see how much growth lies ahead. By mid-year, we anticipate finalizing a 49% equity investment in one of the largest fiber-optic backbones in China."

In June 2004, the company entered into an agreement to acquire a 49% interest in Zhongminjing Technology Development Co., Ltd. Their fiber-optic network currently spans more than 20,000 miles, serving 410 cities throughout 23 provinces in China.

''Through this vast fiber network, we'll be able to dramatically expand our reach, as well as our service offerings,'' continued Mr. Tang. ''In addition to using this network to deliver our own content, we'll be seeking other broadband service providers, private corporations, and governments interested in leasing bandwidth on this network. In short, we have our sights set on becoming one of China's most important broadcast and telecommunications companies, and this fiber backbone is a key piece to that plan.''

The company will also look to increase its market share of set-top cable boxes by marketing them directly to other CATV network operators.

''Some of our longer-term goals include offering Voice over IP (VOIP) services on our network, acquiring additional subscriber networks, and upgrading those networks to the CATV HFC standards, which will enable them to deliver new and advanced, feature-rich content to their current subscribers."

Mr. Raymond Kwan, CEO of China Cable Communication, Inc. said, ''The current Chinese digital television market is the fastest growing broadcast market in the world. The management team has the experience, know-how, and relationships to become one of the largest backbone service providers in China. We are looking forward to a very prosperous and exciting 2005.''

About China Cable and Communication

China Cable and Communication, Inc. is a China-based cable TV company. Through its British Virgin Island subsidiary, the Company is the first foreign company to own and operate a cable television network in China.

Located 85 miles south of Beijing, the network currently offers 39 channels within the Baoding city limits and eight additional channels to outer areas in the Baoding metropolitan area. It transmits in both analog and digital over its fiber optic network and through 22 substations. With its fiber optic network, Baoding network is capable of transmitting 37 analog television programs, six digital signals and one FM music program. In addition to its cable television transmission services, Baoding network offers Internet access and value added services, such as broadband Internet access and on-demand services through its proprietary set-top boxes.

China Cable and Communication is well positioned as a foreign investor approved by The State Administration of Radio, Film and Television ("SARFT"), China's national regulatory authority for the broadcasting industry, to own interests in and provide operational management support to cable television networks in the People's Republic of China (PRC). The SARFT approval together with the trading of CCCI's common stock in the US, provide CCCI with a favorable advantage in access to foreign capital. China Cable and Communication, Inc. trades in the United States, under the ticker symbol CCCI, in order to provide U.S. investors with the opportunity to invest in a company that owns interests in a PRC cable television network.

For additional information please contact Investor Relations at (973) 351- 3868 or visit the website at http://www.chinacable.us/ .

Safe Harbor Act Notice

The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Some of these include, but are not limited to, our availability of capital, political occurrences and events in China, the terms of our 8% convertible preferred stock, operations of the Baoding joint venture, demand for the products of the Baoding joint venture, the economy of China, and other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Readers should carefully review the risks described in other documents the Company files from time to time with the Securities and Exchange Commission, including Amendment No. 1 to the Form SB-2 registration statement filed with the Securities and Exchange Commission on December 8, 2003, the Annual Report on Form 10-KSB for the fiscal year ended December 31, 2003, as well as the Quarterly Reports and Current Reports on Form 8-K by the Company.

Contact Information:

Stephen Taylor, Investor Relations,
China Cable and Communication, Inc.
Tel: +1-973-351-3868
Email: STEPHTAYL9@AOL.COM


Source: China Cable and Communication, Inc.

CONTACT: Stephen Taylor, Investor Relations of China Cable and
Communication, Inc., +1-973-351-3868, or STEPHTAYL9@AOL.COM

Web Site: http://www.chinacable.us/


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