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HONG KONG, May 11 /Xinhua-PRNewswire-FirstCall/
-- China Digital Media Corporation (OTC Bulletin Board: CDGT) today
announced that the Company is starting shipment of the new version
of its IP- based Set-Top-Box ('STB') for the migration of cable
TV subscribers from analog to digital system in the city of Nanahi.
The Company is one of the first digital TV operators in China to
deploy the full functions IP based STB to the digital TV subscribers.
The new IP based STB is built around the IBM Power
PC architecture and equipped with Java platform, Ethernet port for
Internet connection and XML based information browser and these
features will become standard to all STB models for migration and
sales. IP based STB is capable to provide interactive services to
end-users; such as targeted advertising, interactive TV programs,
online games and interactive education services.
''The Java equipped STB allows us to provide further
new value-added services that we could not offer previously,'' said
Daniel Ng, Chairman and CEO of China Digital Media Corporation.
''This advanced design would enhance our growth potential and enable
us to generate new revenue sources. We believe that deployment of
this new STB can give us a competitive advantage in the provision
of digital TV services in China.''
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 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 148 television channels, which comprises of 48 basic channels
and 100 pay channels. The pay channels are categorized into various
value added packages.
Forward-looking Statements
Certain information contained in these materials
is 'forward-looking' information, such as projections, estimates,
pro formas, or statements of intentions, expectations or plans.
Forward-looking information in this release includes, without limitation,
the Company's ability to grow and generate new sources of revenues
from its IP STB in the future and its ability to keep its IP STB
technologically current. 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: +852-2390-8686
Daniel Schustack
CEOcast, Inc.
Tel: +1-212-732-4300
SOURCE China Digital Media
Corporation
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