China Digital Media to Revolutionize Digital TV Media in China As Reported on WallStreetCorner.com

China Digital Media to Revolutionize Digital TV Media in China As Reported on WallStreetCorner.com

HONG KONG, Dec. 20 /Xinhua-PRNewswire-FirstCall/ -- China Digital Media Corporation (''Digimedia'') (BULLETIN BOARD: CDGT) announced today that the company is featured on http://wallstreetcorner.com/ . In his interview with Larry Oakley, China Digital Media CEO Daniel Ng stated, ''The goal for China Digital Media Corporation is to capture every market opportunity in order to become a leading services provider in the evolving media industry in China.''

''I like the fact that business in The Peoples Republic of China is growing at a brisk pace -- it has the advantage that business in the U.S. had a number of years ago, with the added advantage of knowing what techniques & strategies were most effective in the U.S.,'' stated Larry Oakley in his column.

Mr. Oakley continued to state in his column that China Digital Media has the distinct advantage of being the first to not only be a listed company in the U.S., but to be the first to embrace several different business strategies, and be well recognized throughout the country.

''We will continue to enter into business ventures that will increase our shareholders value,'' stated Daniel Ng, CEO of China Digital Media Corporation.

To read to the editorial in its entirety, please go to http://www.wallstreetcorner.com/ .

Recently, Guangdong M-Rider Media Company Limited (''Guangdong M-Rider''), an affiliate of the company, has signed a multi-million contract to acquire wholesale rights to manage and operate television commercial airtime for one year and is extendable for an additional year.

For more information on us, please go to our website at http://www.chinadigimedia.com/ .

To be added to China Digital Media's investor e-mail list, please send e-mail to our Investors Relations at ir@chinadigimedia.com.

About China Digital Media Corporation

China Digital Media Corporation (BULLETIN BOARD: CDGT) focuses its business in three main areas: Cable TV Operations, Programs Production and Advertising Sales. Arcotect Technology (GZ) Limited, a wholly owned subsidiary of CDGT in China, is the sole contractor and operator of digital television services in Nanhai, a city with 400,000 cable TV subscribers. As of today, Nanhai's cable television operation provides 130 television channels which comprises of 38 basic channels and 92 pay channels. The pay channels are categorized into various value added packages. The Group is seeking to establish similar model elsewhere in China.

Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information.

For more information, please contact:

Y. K. Ma
China Digital Media Corporation
Tel: +852-2390-8686
Email: ir@chinadigimedia.com

Ed Lewis of CEOcast, Inc.
Tel: +1-212-732-4300

Source: China Digital Media Corporation

CONTACT: Y. K. Ma of China Digital Media Corporation, +852-2390-8686, or
ir@chinadigimedia.com; or Ed Lewis of CEOcast, Inc., +1-212-732-4300, for
China Digital Media

Web Site: http://www.chinadigimedia.com/
http://www.wallstreetcorner.com/

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