VODone Limited Announces it Successfully Organized the 2008 BIMC 'Journalists' Hand Prints on Long-Scroll 08' and VODone Brand Presentation to Enhance the Industry's Status and Establish A Cost Effective Media Image

VODone Limited Announces it Successfully Organized the 2008 BIMC 'Journalists' Hand Prints on Long-Scroll 08' and VODone Brand Presentation to Enhance the Industry's Status and Establish A Cost Effective Media Image

HONG KONG, Nov. 4 /Xinhua-PRNewswire-FirstCall/ -- VODone Limited ("VODone" or the "Group") (SEHK code: 0082), an online media service provider with ownership of a complete set of internet business and internet video broadcasting licenses in China, announced that it has successfully organized a donation ceremony for the Beijing International Media Center's ("BIMC") "Journalists' Hand Prints on Long-Scroll 08" and the VODone brand presentation on 30 October, in order to introduce the media platform and contents of VODone. Over 300 guests were present, including government officials, content providers and top brands.

Dr. Zhang Lijun, Chairman of the Group said, "VODone has locked-on to our target to be white-collar elites. With our high interactivity and precise statistics, the advertising impacts are tremendous. With the cooperation of the 2008 BIMC, the branding effect for VODone is further enhanced, making it an influential online broadcasting portal in China.

"VODone online broadcast platform is an effective promotion playfield in midst of financial storm due to our following characteristics:

1. High flexibility -- Internet users can freely choose from various
online broadcasting programmes;
2. High coverage -- Online broadcasting negates the limitation of location
through the internet platform, which promotes stable online interaction;
3. High reach -- Over 70% of internet users say they do not reject online
broadcasting advertisements, which provides a firm foundation for the
development of online broadcasting advertisements;
4. Low cost -- A low advertising cost while reaching the right targeted
audiences with high efficiency."

At the Donation Ceremony, 2008 BIMC officer Mr. Zhai Huisheng presented the "Long Scroll" to the China Sports Museum while Dr. Zhang Lijun received a certificate from the China Sports Museum. Additional parties, including some Olympic champion awardees, such as Li Na, Dong, witnessed the donation. This event had profound historical cultural meaning and garnered an intense response, as it symbolized the Olympic motto, "One World, One Dream."

During the 29th Olympic period, VODone, the sole authorized new media partner of BIMC, jointly presented the event of "Journalists Hand Prints on Long-Scroll 08". 1,772 journalists from 16 different countries including China made their handprints on a 100 meter-length Long-Scroll from 22-25 August. Hundreds of various media, including newspaper, radio, television and internet from western countries like the US, UK, France, Germany and more, as well as Asian countries like Japan, Korea, India, Indonesia, along with media in Hong Kong, Macau and Taiwan, have enthusiastically reported that the event of "BIMC Journalists Hand Print on Long-Scroll" was a spectacular success.

VODone strives for higher quality online broadcasting programmes, creating shows like "Witness Hainan," "Netview on World," "LuJin Net Talk," "High Wind," "My Pets" and "Mid-Night Talk," which are all favorite programmes of internet users and industry professionals. There are new forms of advertising channels, including "Sweet Couple" and "Cool Advertisement." It's a revolutionary creation of linked advertisement and programming.

The participants indicated their expectation of working on a high-end platform and with industry elites and hoped to join hands with VODone to explore the online broadcasting market in China by utilizing a new media platform for traditional industries. Dr. Zhang Lijun, Chairman of the Group said, "The authoritative research organization, iResearch, expects that the China online broadcasting market size will be over 1.5 billion and there will be a huge revolution and change in China's online broadcasting industry."

About VODone Limited

VODone Telemedia Co. Ltd., a strategic partner of VODone Limited (0082.HK), is the first and leading online video media group in China. It is also the only enterprise in the PRC to own a complete set of licences to operate video broadcasting on the Internet. VODone Telemedia has contracted the technical and promotional services to VODone Group for 50 years. VODone is a new media company that includes the internet, telecommunication and media as well as the first new media which operates online advertisement broadcasting and online live shows. With a perfect communication and media operational experience and a professional team with technical support of interviewing, editing, producing and broadcasting, VODone has become the online video-broadcasting platform for various video media. VODone's business is divided into four segments, including "VODone Portal," "VODone Live," "VODone BUS," and "VODone Wap."

Source: VODone Limited

CONTACT: Angel Y Y Yeung or Jacqueline Fong, both of JOVIAN Financial
Communications Ltd, +852-2581-0168, or jacqueline.fong@joviancomm.com

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