China Digital Media Corporation Appoints Two New Directors into the Board
China Digital Media Corporation Appoints Two New Directors into the Board
HONG KONG, Jan. 4 /Xinhua-PRNewswire-FirstCall/ -- China Digital Media Corporation (''Digimedia'') (BULLETIN BOARD: CDGT) announced today that the Company has appointed two new directors, Mr. Lu, CHEN and Mr. Chi Keung, LUI, into the Board of the Company. Currently, Mr. Chen is the Director of Business Development, and Mr. Lui is the Chief Financial Officer of the Company. Mr. Chen and Mr. Lui have joined the subsidiary of the Company since its incorporation.
''I am pleased our corporate officers joining the Board, their appointment shall be able to strengthen the Company's strategic planning and financial management,'' stated Mr. Ng, Chairman and CEO of China Digital Media Corporation. ''We share the same corporate goal and I believe that we can propel the Company to become a leading services provider in the media industry in China,'' Mr. Ng added.
Mr. Chen has over 16 years experience of business development in the banking, telecom and broadcasting industries and his strong managerial expertise in media sector fits well with his areas of responsibility. Prior to joining the Company, Mr. Chen was the founder and general manager of Guangzhou Vispac Telecom Co Ltd.
Mr. Lui is a Director of Finance and Corporate Affairs of China Digimedia Holdings Ltd., a wholly owned subsidiary of the Company. Prior to joining the Company, Mr. Lui was the founder and managing director of Beth Group for more than 7 years. From 1989 to 1992, Mr. Lui was the Director and General Manager of Tomson Pacific Group, a Hong Kong listed company where Mr. Lui guided the company in various substantial investments. In addition, Mr. Liu has worked in the commercial and merchant banking fields for more than 10 years.
Recently, the Company has just announced that Mr. Ng, Chairman and CEO of China Digital Media Corporation, has renewed his employment contract with the Company for additional three years and his mission is to take the Company to grow further and create additional value for the shareholders.
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:
China Digital Media Corporation
Tel: +1-866-843-2775
Ed Lewis of CEOcast, Inc.
Tel: +1-212-732-4300
Source: China Digital Media Corporation
CONTACT: China Digital Media Corporation, +1-866-843-2775 or Ed Lewis
of CEOcast, Inc., +1-212-732-4300
Web Site: http://www.chinadigimedia.com/
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