Greater China Media & Entertainment Corp. Subsidiary Announces February Contract Achievements

Greater China Media & Entertainment Corp. Subsidiary Announces February Contract Achievements

Total Contract Value: RMB2,081,000 (Approximately US$293,000)

BEIJING, March 12 /Xinhua-PRNewswire/ -- Greater China Media & Entertainment Corporation (OTC Bulletin Board: GCME; ''GCME''), an integrated professional media and entertainment company, announces that its subsidiary, Racemind HuaDing, signed ten contracts between February 1 and February 28, 2008 with a total value of about RMB2,081,000 (approximately US$293,000).

''Racemind did extremely well in February despite a seven day break to celebrate the Chinese New Year,'' said Jake Wei, Chairman and CEO of Greater China Media & Entertainment. ''The holiday accounts for the smaller number of contracts signed in February when compared to January, during which 20 contracts were signed for a total contract value of US$417,000.''

Among last month's contracts, Canon, a reputable multimedia company signed a service agreement for up to RMB760,000 (approx. US$107,000) with Racemind. Other long-term clients include Siemens, Microsoft China, Reuters, and others.

''We expect to build upon the success of last month's achievement with a continued commitment to comprehensive services,'' stated Wei. ''Our public relations business continues to demonstrate strong growth with excellent reviews from a number of prestigious clients.''

For more information, please contact:

Greater China Media & Entertainment Corp.
Jake Wei
Tel: +86-10-5921-2333

Source: Greater China Media & Entertainment Corporation

CONTACT: Jake Wei of Greater China Media & Entertainment Corp.,
+86-10-5921-2333

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