Starwin Media is In-Negotiation for Infusion of New Capital

Starwin Media is In-Negotiation for Infusion of New Capital

LOS ANGELES, Aug. 19 /PRNewswire-FirstCall/ -- Starwin Media Holdings Inc announced today that they are in-negotiation for infusion of capital of US$200 million from a group of investors for operational needs.

We are in the final process to complete our negotiation for the initial US$20 million from this group of investors, and we will use the proceeds to develop, market and promote our satellite TV, IPTV and our production facilities in the United States, said Ms. Wendyfer Zhong.

Source: Starwin Media Holdings Inc

CONTACT: Starwin Media Holdings Inc, +1-213-572-0388, or fax,
+1-213-572-0389, ir@starwinmedia.com

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