China Digital Media Corporation Signs up as a Sole Advertising Agent in Shanxi Province, in China

China Digital Media Corporation Signs up as a Sole Advertising Agent in Shanxi Province, in China

HONG KONG, Feb. 15 /Xinhua-PRNewswire-FirstCall/ -- China Digital Media Corporation (the "Company") (BULLETIN BOARD: CDGT) announced today that its affiliate company, Guangdong M-Rider Media Company Limited ("Guangdong M-Rider"), has signed a sole agent service agreement (the "Agreement") to exclusively provide consultation services and manage advertising time slots with a television station in Shanxi Province in China.

According to the Agreement, Guangdong M-Rider shall not only act as the sole agent, but also provide consultation services for media planning advisory, sales analysis and strategic planning to the television station for 5 years starting from January 1, 2007. In return, Guangdong M-Rider will get a monthly media services fee based on the revenue generated and performance bonus.

"We are excited to have this long term business relation with the TV station which is one of the most popular channels in Shanxi Province. Our business partners and clients are delighted to have this new arrangement while they have new platform to distribute their commercials," said Daniel Ng, Chairman and CEO of China Digital Media Corporation. "We believe this relationship will bring in valuable development opportunity to the Company and prospect for our future growth."

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

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About China Digital Media Corporation

China Digital Media Corporation focuses its business in three main areas: Cable TV Operations, Programs Production and Advertising Sales. Guangdong M- Rider Media Company Limited, a wholly owned subsidiary of CDGT and a limited company registered in China, is an advertising sales agent, its principal operating activities are in media planning, production, distribution of advertisement through television channels and related consulting services.

Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. While management has based any forward-looking statements contained in the press release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of the Company's control, that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth in the Company's public filings with the SEC. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. The Company disclaims any intention to, and undertakes no obligation to, update or revise any forward- looking statement.

For more information, please contact:

China Digital Media Corporation
Investor Relations
Tel: +852-2390-8600

Source: China Digital Media Corporation

CONTACT: China Digital Media Corporation, Investor Relations,
+852-2390-8600

Web site: http://www.chinadigimedia.com/

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